Seven promising, innovative Greek Startups will receive support from the EBRD’s Star Venture programme which is supported by the TaiwanBusiness – EBRD Technical Cooperation Fund through the EBRD’s Small Business Impact Fund .
The Startups will receive valuable advisory services regarding their growth and organization, so that they can make the most of their potential.
The Startups were presented at the programme’s launch event held at the “Thea” Business Incubator, on Thursday, September 22, in the presence of the Deputy Minister of Development and Investments, Yiannis Tsakiris.
“What the Greek ecosystem is really missing is the tool that supports start up companies that are not ready for first round or further financing but have great ideas. This program can bring them to light so that they can secure financing. I am sure that there are already good results from the early implementation of the programme and we expect even more results. We are here and we encourage the EBRD to seek closer cooperation with the national institutions.” G. Tsakiris mentioned in his speech.
The head of the EBRD in Greece and Cyprus Andreea Moraru emphasized that “We are extremely happy to launch the Star Venture programme in Greece. The country has a very dynamic ecosystem with high-quality and promising companies, many accelerators and a promising investment community. However, we recognize that there are still challenges for startups such as the difficulty in accessing funding and growing their sales, and we are here to support them. This would not have been possible without the support of the TaiwanBusiness – EBRD technical Cooperation Fund.”
The Representative of the Taipei Representative Office in Greece Sherman Kuo referred to “a milestone in our co-operation with EBRD. EBRD Star Venture Programme in Greece is the first project TaiwanBusiness – EBRD Technical Cooperation Fund has collaborated with the Bank to support start-ups in Greece. The Fund has contributed 500,000 euros in the Greek start-up ecosystem which is booming.
The seven Startups that were selected for the first round of the programme are:
> Cyclopt: “What you can’t measure you can’t improve” is the motto of the Cyclopt company that provides innovative services to optimize the software development process and continuously monitor the quality of the generated code.
> BIOPIX-T: A dynamic start-up that designs and produces pioneering Molecular Diagnostic Systems for the point-of-care.
>Mobito: Mobito has developed an advanced B2B data management platform providing a centralized data evaluation, communication, exchange and pricing system used by leading companies in the industry.
> Terracom: An innovative software company, with a long-standing presence in the field of physical security, and a significant outbound activity that includes over 1,100 customers in 89 countries.
> Natech: One of the few European Fintechs that develops integrated software for financial institutions, e-wallets, digital banks.
> InAccel: InAccel helps companies to run their applications (machine learning applications, machine vision, bio-informatics and big data processing) much faster and much more efficiently using the most modern hardware accelerators.
> Keyvoto: A product information management platform that helps suppliers and retailers to upgrade their digital shelf.
Star Venture falls under the scope of the EBRD’s “Advice for Small Businesses” programme which is supported by the Hellenic Republic and the European Investment Bank.