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Workshop: “Startup Europe!”
Startup Europe!
We have lot to
celebrate!
Isidro Laso Ballesteros
Startup Europe Team Leader
Head of Sector.
European Commission.
@isidrolaso
Follow us on: @startupEU
www.facebook.com/groups/startupeurope
EU web startups ecosystem evidences
UNICORNS IN EUROPE
EU web startups ecosystem evidences
•  Unicorns in EUROPE
•  GP Bullhound research
(boutique investment
bank): Europe creates
30 $1bn-plus tech firms
since 2000
•  - in the
comparison with the
US, which produced 39
billion-dollar companies
between 2003 and
2013.
•  Only half of European
unicorns have reached
a sale or an IPO,
compared with two-
thirds in America,
which the researchers
say points to a more
challenging
environment for
technology investment.
EU web startups ecosystem evidences
Example of successful EU startups
ecosystem
The app economy and leading EU companies
The app economy and leading EU companies
•  28 EU leading companies created 40% of the top 100 grossing apps in the EU and US. Three of the top-five companies
are Nordic games developers (1st King.com, 2nd, Supercell, 5th Rovio) with German, French, Spanish and UK app
developers also finding success outside their native markets.
•  The app boom is creating jobs, for example contract developers Golden Gekko (London/Barcelona) plans to grow its
staff 40-50% next year and London-based Grapple Mobile was a 3-person firm three years ago, employs 120 now, and
intends to double next year.
•  It is well known that 1 tech job creates 4 non-tech jobs.
•  Rovio has a staff of 500 people while having 30,000 workers working in the network of companies collaborating to this
creative, gaming and entertainment European company in the different products.
EXITS.
LIQUIDITY
EVENT
START
<300K
GROW
~2-3 Mio,
up to 30 Mio
SCALE UP
>30 Mio
Virtuous circle for
a flourish EU
ecosystem: scale
up and exits are
needed.
FIFTY
(TechCity)
USA
ELITE
(IT+UK)
CORIP
(EIF)
Startup
Europe
Partnership
IPO
ACQUISITION
+
ACQUIHIRING
PROCUREMENT
+ INVESTMENT
Startup
Europe
Partnership
Problematic
steps in EU
Areas where action is needed!
MARKT 2.0
de
Startup Europe initiative of the
European Commission!
12 things that make an ecosystem works.
Where Startup Europe initiative acts.
Startup Europe: A whole list of actions!
ICT 13 – 2014: Web entrepreneurship
•  €10M funding will be allocated to projects to accelerate web
entrepreneurship in Europe
•  The challenge is to create an environment in Europe that
encourages more web entrepreneurs to start a business in
Europe and grow internationally.
•  Deadline for applying: 23/04/2014 at 17:00pm (CET)
•  € 1 0 M f o r E C O S Y S T E M
BUILDERS.
•  Up to €850M for startups in
2014.
•  See www.startupeurope.eu
EU Funding opportunities
www.startupmanifesto.eu	
  
	
  
A manifesto for entrepreneurship and innovation to
power growth in EU
Dynamic visual mapping
This map will provide
unrivalled insight into
some of the key web
entrepreneurial/
startup hubs across
Europe, the businesses
that are located in
them and the
networks and
relationships
between them.
8 hubs are foreseen
for the first version of
the map (Q4 2014)
www.startupdata.eu
Accelerators in Europe
Accelerator Assembly is an industry-led network that connects
accelerators, entrepreneurs and policy makers, in order to
strengthen the support offered to web startups across Europe.
Outcomes of the first Accelerator Assembly Conference held in Madrid in March
2014:
Accelerator Assembly
www.acceleratorassembly.eu
for  the  first  4me,  the  EIF  has  extended  
its  reach  to  well-­‐structured  accelerators.  
26  accelerators  
&
34  startup  
facilitators
16  investment    
&    
private  companies   1 8  
countries
Fostering the boost of the ecosystem and promoting a European
investment culture in the web
Creating future Global leaders
www.webinvestorsforum.eu
Web Investors Forum
Web Investors Forum: main conclusions
1.  The European exit market is the most
critical issue
2.  The financing value chain is unbalanced
from a local and pan-european
perspective
3.  There is not sufficient cross-fertilization
between top European tech hubs
4.  Tax & legal environment needs to be
i m p r o v e d ( a d a p t e d ) i n c e r t a i n
geographies
5.  European corporates are still facing the
NIH syndrome
Official	
  Launch	
  in	
  Brussels,	
  22	
  May	
  2014	
  	
  
with	
  the	
  a>endance	
  of	
  President	
  Barroso	
  
	
  and	
  Vice	
  President	
  Kroes	
  
Two new initiatives announced at World
Economic Forum
www.startupeuropepartnership.eu
 www.europeandigitalforum.eu
The SEP aims at offering an integrated pan-
European platform to help the best startups
emerge from these local ecosystems and scale-up.
It connects top European startups to large
corporates.
This means: procurement (corporates buy
products and services from startups), strategic
investments and eventually acquisition/acqui-
hires.
The EDF is a first-of-its kind think tank
dedicated to empowering tech entrepreneurs
and growing Europe’s digital economy. It gives
a voice in public policy to the continent’s most
enterprising and innovative entrepreneurs.
The European Digital Forum aspires to become
Europe’s leading think tank and policy network
o n d i g i t a l e c o n o m y a n d d i g i t a l
entrepreneurship issues.
Crowdfunding network for web entrepreneurs
The Startup Europe Crowdfunding Network
strengthens the links and networking between
existing European crowdfunding platforms, as
well as fostering the creation of new, web
focused platforms.
www.crowdfundingnetwork.eu
Network of universities in EU interested in developing
MOOCs for web talent
The network connects MOOC providers in
order to foster the talent of ICT and web
entrepreneurs, and create new jobs that
benefit both the EU economy and society as
a whole.
Key  findings  of  a    recent  study:  
knew  what  a  
MOOC  is
claimed  to  
have  taken  
one
web  design
web  skill  highest  
in  demand  
among  students
One  difficulty  of  the  current  IT  
labour  market  is  acquiring  
employees  with  domain-­‐specific  
skills  :  iOS,  Android,  HTML5
Tech All Stars competition
The third edition of the
competition for early stage
startups (< 3 years old & <
$1m in external funding)
through which we take the
best 12 young startups to
the most prestigious startup
events in Europe.
www.techallstars.eu
Winner announced
at the Founders
Forum in London
Previous winners and achievements
2012 2013 2014
•  Has  raised  over  
€1m  funding  
aWer  winning  
TAS  12.
•  Has  raised  one  of  Europe's  largest  ever  seed  
investment  rounds  of  $3m  aWer  winning  TAS  13.
•  Has  grown  from  4  to  22  employees.  
•  Dec  '13  was  named  one  of  Forbes  Magazine's  
Hoest  Global  Startups.
•  April    '14,  Trustev  took  top  prize  at  SXSW.
•  Offers  a  cloud-­‐-­‐based  
soWware  designed  to  
minimise  returns  and  
increase  profits  for  
online  and  
mul4channel  retailers.  
Europioneers competition
The event is the most important
ceremony for any tech startup from
Europe.
It features 4 awards:
•  European Tech Entrepreneur of the
year
•  Young European Entrepreneur of the
year
•  Female web entrepreneur of the year
•  High Growth web entrepreneur of
the year www.europioneers.eu
Previous winners
2013
John Reynolds
Alexander Ljung
&
Eric Wahlforss
Media campaign
DG Connect is organizing a 6 months media campaign covering 6 Member
States (Spain, Greece, Italy, Portugal, Cyprus and Slovakia) with high unemployment
rate to raise more awareness about the startup culture.
Goals:
• Attracting young unemployed people to ICT/web careers:
• Promoting entrepreneurship
• Delivering the EC commitment to help create jobs
• Leveraging DG CONNECT actions on digital skills and jobs

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SEP Sharing Event - WS3: Startup Europe! – “We have lot to celebrate!” - by Isidro Laso Ballesteros

  • 2. Startup Europe! We have lot to celebrate! Isidro Laso Ballesteros Startup Europe Team Leader Head of Sector. European Commission. @isidrolaso Follow us on: @startupEU www.facebook.com/groups/startupeurope
  • 3. EU web startups ecosystem evidences UNICORNS IN EUROPE
  • 4. EU web startups ecosystem evidences •  Unicorns in EUROPE •  GP Bullhound research (boutique investment bank): Europe creates 30 $1bn-plus tech firms since 2000 •  - in the comparison with the US, which produced 39 billion-dollar companies between 2003 and 2013. •  Only half of European unicorns have reached a sale or an IPO, compared with two- thirds in America, which the researchers say points to a more challenging environment for technology investment.
  • 5. EU web startups ecosystem evidences
  • 6. Example of successful EU startups ecosystem
  • 7. The app economy and leading EU companies
  • 8. The app economy and leading EU companies •  28 EU leading companies created 40% of the top 100 grossing apps in the EU and US. Three of the top-five companies are Nordic games developers (1st King.com, 2nd, Supercell, 5th Rovio) with German, French, Spanish and UK app developers also finding success outside their native markets. •  The app boom is creating jobs, for example contract developers Golden Gekko (London/Barcelona) plans to grow its staff 40-50% next year and London-based Grapple Mobile was a 3-person firm three years ago, employs 120 now, and intends to double next year. •  It is well known that 1 tech job creates 4 non-tech jobs. •  Rovio has a staff of 500 people while having 30,000 workers working in the network of companies collaborating to this creative, gaming and entertainment European company in the different products.
  • 9. EXITS. LIQUIDITY EVENT START <300K GROW ~2-3 Mio, up to 30 Mio SCALE UP >30 Mio Virtuous circle for a flourish EU ecosystem: scale up and exits are needed. FIFTY (TechCity) USA ELITE (IT+UK) CORIP (EIF) Startup Europe Partnership IPO ACQUISITION + ACQUIHIRING PROCUREMENT + INVESTMENT Startup Europe Partnership Problematic steps in EU Areas where action is needed! MARKT 2.0 de
  • 10. Startup Europe initiative of the European Commission!
  • 11. 12 things that make an ecosystem works. Where Startup Europe initiative acts.
  • 12. Startup Europe: A whole list of actions!
  • 13. ICT 13 – 2014: Web entrepreneurship •  €10M funding will be allocated to projects to accelerate web entrepreneurship in Europe •  The challenge is to create an environment in Europe that encourages more web entrepreneurs to start a business in Europe and grow internationally. •  Deadline for applying: 23/04/2014 at 17:00pm (CET) •  € 1 0 M f o r E C O S Y S T E M BUILDERS. •  Up to €850M for startups in 2014. •  See www.startupeurope.eu EU Funding opportunities
  • 14. www.startupmanifesto.eu     A manifesto for entrepreneurship and innovation to power growth in EU
  • 15. Dynamic visual mapping This map will provide unrivalled insight into some of the key web entrepreneurial/ startup hubs across Europe, the businesses that are located in them and the networks and relationships between them. 8 hubs are foreseen for the first version of the map (Q4 2014) www.startupdata.eu
  • 16. Accelerators in Europe Accelerator Assembly is an industry-led network that connects accelerators, entrepreneurs and policy makers, in order to strengthen the support offered to web startups across Europe. Outcomes of the first Accelerator Assembly Conference held in Madrid in March 2014: Accelerator Assembly www.acceleratorassembly.eu for  the  first  4me,  the  EIF  has  extended   its  reach  to  well-­‐structured  accelerators.   26  accelerators   & 34  startup   facilitators 16  investment     &     private  companies   1 8   countries
  • 17. Fostering the boost of the ecosystem and promoting a European investment culture in the web Creating future Global leaders www.webinvestorsforum.eu Web Investors Forum
  • 18. Web Investors Forum: main conclusions 1.  The European exit market is the most critical issue 2.  The financing value chain is unbalanced from a local and pan-european perspective 3.  There is not sufficient cross-fertilization between top European tech hubs 4.  Tax & legal environment needs to be i m p r o v e d ( a d a p t e d ) i n c e r t a i n geographies 5.  European corporates are still facing the NIH syndrome
  • 19. Official  Launch  in  Brussels,  22  May  2014     with  the  a>endance  of  President  Barroso    and  Vice  President  Kroes   Two new initiatives announced at World Economic Forum www.startupeuropepartnership.eu www.europeandigitalforum.eu The SEP aims at offering an integrated pan- European platform to help the best startups emerge from these local ecosystems and scale-up. It connects top European startups to large corporates. This means: procurement (corporates buy products and services from startups), strategic investments and eventually acquisition/acqui- hires. The EDF is a first-of-its kind think tank dedicated to empowering tech entrepreneurs and growing Europe’s digital economy. It gives a voice in public policy to the continent’s most enterprising and innovative entrepreneurs. The European Digital Forum aspires to become Europe’s leading think tank and policy network o n d i g i t a l e c o n o m y a n d d i g i t a l entrepreneurship issues.
  • 20. Crowdfunding network for web entrepreneurs The Startup Europe Crowdfunding Network strengthens the links and networking between existing European crowdfunding platforms, as well as fostering the creation of new, web focused platforms. www.crowdfundingnetwork.eu
  • 21. Network of universities in EU interested in developing MOOCs for web talent The network connects MOOC providers in order to foster the talent of ICT and web entrepreneurs, and create new jobs that benefit both the EU economy and society as a whole. Key  findings  of  a    recent  study:   knew  what  a   MOOC  is claimed  to   have  taken   one web  design web  skill  highest   in  demand   among  students One  difficulty  of  the  current  IT   labour  market  is  acquiring   employees  with  domain-­‐specific   skills  :  iOS,  Android,  HTML5
  • 22. Tech All Stars competition The third edition of the competition for early stage startups (< 3 years old & < $1m in external funding) through which we take the best 12 young startups to the most prestigious startup events in Europe. www.techallstars.eu Winner announced at the Founders Forum in London Previous winners and achievements 2012 2013 2014 •  Has  raised  over   €1m  funding   aWer  winning   TAS  12. •  Has  raised  one  of  Europe's  largest  ever  seed   investment  rounds  of  $3m  aWer  winning  TAS  13. •  Has  grown  from  4  to  22  employees.   •  Dec  '13  was  named  one  of  Forbes  Magazine's   Hoest  Global  Startups. •  April    '14,  Trustev  took  top  prize  at  SXSW. •  Offers  a  cloud-­‐-­‐based   soWware  designed  to   minimise  returns  and   increase  profits  for   online  and   mul4channel  retailers.  
  • 23. Europioneers competition The event is the most important ceremony for any tech startup from Europe. It features 4 awards: •  European Tech Entrepreneur of the year •  Young European Entrepreneur of the year •  Female web entrepreneur of the year •  High Growth web entrepreneur of the year www.europioneers.eu Previous winners 2013 John Reynolds Alexander Ljung & Eric Wahlforss
  • 24. Media campaign DG Connect is organizing a 6 months media campaign covering 6 Member States (Spain, Greece, Italy, Portugal, Cyprus and Slovakia) with high unemployment rate to raise more awareness about the startup culture. Goals: • Attracting young unemployed people to ICT/web careers: • Promoting entrepreneurship • Delivering the EC commitment to help create jobs • Leveraging DG CONNECT actions on digital skills and jobs