Startup company

Greek companies are giving positive feedback to the tech visa, a new national entry visa valid for one year, which provides the possibility for highly skilled people to work in Greece for startups on the national register of startups (Elevate Greece) - i.e. for technology companies based or present in this country.

The economic landscape of the country is experiencing a dynamic shift as new hotels, restaurants, and technology startups emerge at an unprecedented rate, according to data from the National Statistical Institute (NSI).

"Stagnation" is the term used by several representatives of investment funds in Greece to describe the trajectory of the Greek startup ecosystem at the end of the first quarter of this year compared to the corresponding period last year.

Startups may have now gone past the worst, say several international investors, predicting that 2024 will be a year of stability, in contrast to 2023, that showed shrinking investment and mass layoffs by technology companies.

Vestbee, one of the leading European platforms connecting startups, VC funds, accelerators, and corporates, has just released its VC Funding In CEE Report for 3Q 2023. The quarterly overview reveals that Central and Eastern Europe's financing trends align with those observed across Europe and globally.

Vestbee, one of the leading European platforms for startups, VC funds, accelerators, and corporates, has just published VC Funding In CEE Report - 2Q 2023. According to this quarterly overview, VC trends in the CEE region have been closely mirroring the global downturn as the total value of disclosed funding rounds settled at €560M.

Startups and scaleups from Central & Eastern Europe have a last chance to APPLY to CEE Startup Challenge, the flagship competition in the region organized by Vestbee, the leading community-powered matchmaking platform for startups, VC funds, accelerators, and corporates. 

The Greek armed forces are to link with local startups from which they can order advanced equipment and applications, according to draft legislation that will be opened to public consultation next week.

The goal is for the Ministry of Defense to initially invest up to €100 million in innovation over a three-year period through a company it will set up.

According to the ranking of StartupBlink ("Top 100 Countries for Startup-Business Friendliness 2023"), an organization that evaluates and maps the startup ecosystems of 1,000 cities in 100 countries worldwide, Greece is among the countries with the friendliest business environment for startups, coming in at 37th place and moving up six places compared to the previous count. 

The next edition of CEE Startup Challenge is now officially accepting applications! This the biggest online competition in the region is powered by Vestbee - the leading community-powered matchmaking platform connecting startups, VC funds, accelerators, and corporate entities.