STARTUP EUROPE Web Entrepreneurs

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1 STARTUP EUROPE Web Entrepreneurs Summary: Active Contracts (ONGOING) TechAllStars Europioneers EurApp App Economy Study Accelerators Assembly Network Crowdfunding Network VCs related to the web DAA2012 Activities Digital Agenda Dublin New Contracts (to be launched in 2013): Web Talent (MOOC's) Startup Europe Partnership VP NK Pledge Management Startup Europe Media Campaign Dynamic Mapping of WE and Startups Opened calls (PROJECTS START IN 2014): 100 Mio for intermediaries. Intermediaries to distribute 80 Mio to web entrepreneurs and SMEs WE on Horizon 2020 (PROJECTS START IN 2014) Connecting, Accelerating, Celebrating

2 Startup Europe - Action Plan on WE Private Pledges Led by the Commission Led by stakeholder groups EIF

3 Startup Europe Leaders Club Aim: To inspire young Europeans by home-grown entrepreneurs, so their bright ideas start and stay in Europe. To create a platform for star entrepreneurs to tell their stories of inspirations and frustration, to wake-up young Europeans and leaders to the potential of entrepreneurial careers Relevant Dates / Outcomes: First meeting took place 21 st of march. Next milestone: European Council in October and the Leaders Club Manifesto

4 TechAllStars Aim: To connect twelve of the best startups from accelerators, incubators, and web camps across Europe with top EU funding sources, successful entrepreneurs, and hot networking opportunities. The 12 Startups were selected the 28 th of May. Contractor: Startup Bootcamp Relevant Dates / Outcomes: London 20 and 21 June 2012 (at Founders Forum)

5 Europioneers Aim: initiative to celebrate Europe's finest technology entrepreneurs. Giving technology entrepreneurship in Europe visibility on a national, regional and global scale.two awards: one award for young entrepreneurs(winner: SwiftKey and one for seniors(winner:soundcloud) Contractor: TheNextWeb Relevant Dates / Outcomes:Europioneers Award Show April 24 th (at the The Next Web conference)

6 EurApp study Aim:a comprehensive review of the size of the apps economy in Europe so that it can be further supported by the DAE and other initiatives. Contractor: DERI National University of Ireland Galway, GigaOM Pro Relevant Dates / Outcomes: First workshop 14 th of June 2013 Next in November 2013

7 Startup Europe Accelerators Assembly Aim: Support services to promote web-friendly business accelerators and to increase awareness of the existing accelerator programmes in Europe and their benefits among web entrepreneurs. Contractor: The Consortium of Seedcamp, Bethnal Green Ventures, Startup Weekend, and Seed-DB (NESTA is a subcontractor) Relevant Dates / Outcomes: First deliverable, Roadmap of Activities received May 17 th. Next deliverable will be received in October.

8 Startup Europe Crowdfunding Network Aim: To foster the crowdfunding environment in Europe focused on web entrepreneurs. To facilitate access of web entrepreneurs to different crowdfunding platforms in the EU Contractor: WEBclusive Relevant Dates / Outcomes: 4 June 2013 workshop in Brussels

9 Venture Capitalists and Business Angels related to the web Aim: To raise Venture Capital's competence in web businesses in Europe. Currently in Europe venture capital is mainly concentrated in 4 Member States (UK,DK, SE and FR) and only 25% of EU VC is invested in consumer web businesses versus 70% in the US. Contractor: France Digital Relevant Dates / Outcomes: First deliverable to be received in September.

10 Generic Contract DAA2012 follow-up actions. Startup Europe HQ Aim: Design strategic action plans and facilitate the implementation of the DAA 2012 feasible actions that can deliver valuable results in the short-term for the Web Entrepreneurs. Contractor:NLNet foundation, NESTA, Startup Weekend and INCYDE Foundation. Relevant Dates / Outcomes: Detailed Roadmap received in May. Next step is setting the DAA online platform.

11 Digital Agenda Dublin Aim: Workshop on Web Entrepreneurs. To have an innovative, creative and interactive Assembly to showcase examples from across the EU and collect visions and experiences of policy makers, industry, research organisations, NGOs, SMEs, regulators, Member States representatives Contractor:Irish Presidency of the EU Council Relevant dates/outcome: 19th and 20th June 2013 in Dublin

12 New Contracts: Web Talent (MOOC's) Aim: Support services to foster Web Talent in Europe by encouraging the use of Massive Open Online Courses focused on web skills for web developers Contractor: TBD Relevant Dates / Outcomes: Tender to be launched in Autumn

13 New Contracts: Startup Europe Partnership Aim: To facilitate the collaboration between skilled entrepreneurs and active investors, mentors, accelerators, companies with a special interest on the web. Contractor: TBD Relevant Dates / Outcomes: Will be launched in Autumn 2013

14 New Contracts: VP NK Pledge Management Aim: Facilitate the collection of pledges on internships, training places, startup funding, free online university courses and more to foster the creation of an startup friendly environment for web entrepreneurs. Contractor: TBD Relevant Dates / Outcomes: Pledges received include Samsung, Talentum, ESRI.

15 New Contracts: Startup Europe Media Campaign Aim: Increase awareness of young people attracted to web entrepreneurship by leveraging the attractiveness of LC, focus on national media. Contractor: TBD Relevant Dates / Outcomes: Open call ready to be launched.

16 New Contracts: Dynamic Mapping of WE and Startups Aim: To systematically and quantitatively map the web-entrepreneurship and online startup landscape in Europe in order to be able to comprehensively assess and monitor its influence on economic growth and jobs market Contractor: TBD Relevant Dates / Outcomes: Study to be launched in ~Q4 2013

17 FIPPP - Web Entrepreneurs Workshop Will take place 2 nd of July 10:00-16:00 Participants: FIPPP constituency+ WEB Entrepreneurship community : SE Accelerators SE Coworking SE Investors + Angels SE Crowdfunding Topics: Objective 1.8 presentation + Networking 100 Mio to be allocated to intermediaries (call open in en June, close december 2013) Intermediaries will organise 20 open Calls for WE/SMEs and will be published Q

18 Possible Types of proposals: 4 models presented here as examples but there might be combination of these 4 models or any possible creative alternative

19 1. Pre Accelerator/Hackaton + pitching event + accelerator 1.1 Pre Accelerator/Hackaton + pitching event + accelerator (EC funding matched by private funding) 1.2 Pre Accelerator/Hackaton + pitching event + accelerator (EC funding NOTmatched by private funding) Example of consortia. For stages 1 and 2: Startup Weekend, Campus Party -> Inspire, educate and empower future web leaders! + accelerator for the last stage + regional players or instruments to ensure fitness into the regional ecosystem The model below could be repeated until the 4 Mio euros are spent 1000 participants at preaccelerator e.g. SW, launch24 50 founders at pitching/ mentoring adhoc events 10/20 promising web startups to go to CF or accelerators and get EC money (option: matching accelerators/p rivate money)

20 2. Pre-accelerator + Full/Part Time Accelerator Eg of consortia: Startupweekend, Seedcamp, Springboard Startupweekend + regional players or instruments to ensure fitness into the regional ecosystem The model below could be repeated until the 4 Mio euros are spent 1000 participants at preaccelerator SW events 10/20 promising web startups to be accelerated and get EC grants To add value to the proposal: 2 startups to investigate cofunding via VC/ CF/BA

21 3. Accelerator + Crowdfunding Eg. Of consortium: Wayra + Symbid -> Web Startup getting the new round of money or validating the business model The model below could be repeated until the 4 Mio euros are spent 20 Accelerator Participants selected according to their usual open calls practices 10/20 promising ideas selected for crowd funding 100% crowd + 30% EC top up if successful campaign

22 4. Accelerator + Large Companies Eg. Startupbootcamp + health company -> Startups Focusing on Specific Industry Apps The model below could be repeated until the 4 Mio euros are spent 1 Accelerator + Agreement with a Healt company 10/20 promising startups focused on a particular industry receive EC funding 2 startups given the opportunity to have a longer term support from the large companies

23 H2020 Connecting, accelerating, networking, celebration Platforms (with an online entrance) offering new services by connecting several local ecosystems New creative services to accelerate the ecosystem (for instance, geeks-in-residence) Networking activities to ensure that EU ecosystem is fully integrated Celebration activities to ensure that web entrepreneurship is appreciated in Europe for his contribution to job creation and GDP growth. First call: early 2014.

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