Your SlideShare is downloading. ×
European Young Entrepreneurs
Upcoming SlideShare
Loading in...5

Thanks for flagging this SlideShare!

Oops! An error has occurred.

Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

European Young Entrepreneurs


Published on

Presentation of YES - European Confederation of Young Entrepreneurs

Presentation of YES - European Confederation of Young Entrepreneurs

Published in: Business

  • Be the first to comment

  • Be the first to like this

No Downloads
Total Views
On Slideshare
From Embeds
Number of Embeds
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

No notes for slide


  • 1. YES European Confederation of Young Entrepreneurs Dimitris Tsigos President [email_address]
  • 2. About YES
    • Background
      • The European Confederation of Young Entrepreneurs
      • Founded in 1988
      • 18 Countries
        • 12 EU Member States, Turkey, Serbia, Montenegro, Albania, Ukraine, Kazakhstan
      • 40.000 YE
      • 18-45 years old
  • 3. About YES
    • Objectives
      • Promote access-to-capital and improve access-to-market for European Young entrepreneurs
      • Develop entrepreneurial culture and improve education & training in entrepreneurship
      • Influence towards a more entrepreneurship-friendly legal framework across Europe
        • Bankruptcy law
      • To foster business cooperation and networking activities between young entrepreneurs
      • Establish links with entrepreneurial organizations in Europe and elsewhere
      • To maintain an ongoing dialogue with the Institutions of the European Union
  • 4. Entrepreneurship and Innovation in Europe
    • Young Entrepreneurs in Europe cannot be satisfied by the current entrepreneurial culture and activity
    • In comparison to the US & Canada, or even the BRIC countries, one could argue that European entrepreneurship is conservative and slow-moving
      • According to EBAN, angel investments in Europe are approx. 4 Bn € Vs 19 Bn € in the US
        • While EU27 GDP is ~ 20% higher than US
      • VC investments per capita
        • US: $100
        • EU: $10 (Eurozone: $5)
          • Israel alone invests more in VC than Germany, UK and France together
  • 5. Entrepreneurship and Innovation in Europe
    • The academic & research community in many European countries is less entrepreneurship-oriented than in the US & Canada
      • European leadership in R&D can result to leadership in entrepreneurship
      • There are some missing parts of the “entrepreneurial ecosystem”, mainly risk financing and entrepreneurial culture, together with barriers imposed by the legislation
  • 6. The Common Market
    • The common European market still remains an objective
      • Very few companies consider “Europe” as their domestic market
      • Cultural barriers proven harder to overcome than legal / regulatory
      • Many European startups find Distributors and VARs in countries like US, Canada & Australia easier than they do in Europe
  • 7. A Strategy for Improving Entrepreneurship in Europe
    • Short-term: Access to capital
      • Immediate results
      • Focus to angel investments & soft-loans
      • EU-funded schemes for leveraging angel investments
    • Mid-term: Access to markets
      • Efficient mediation services for supporting small, growing businesses to access customers all around Europe and in any other region
      • Support European startups to access the global market
      • Know how transfer from successful entrepreneurs
    • Long-term: Build entrepreneurial culture
      • Changes to the educational system towards creativity and self-confidence
      • The European society should accept entrepreneurship, especially startups, as a progressive activity
  • 8. The YES Action Plan [1/2]
    • Boost start-up entrepreneurship
      • We envision Europe as a start-up paradise
        • Quality of life and cultural heritage in Europe are ideal for creative startups
      • Combined efforts to overcome the access-to-capital barrier
        • Cooperation with EBAN – The European Business Angels Network and the European Investment Fund
        • Strategic cooperation with the “Entrepreneur Commons” movement
          • World-wide peer support group for entrepreneurs
  • 9. The YES Action Plan [2/2]
    • Materialize the common market
      • We support our members to consider “Europe” as their domestic market
        • It’s better to have a domestic market of 500M people!
      • Organize quarterly B2B match-making events
        • Connect customers and suppliers from different EU member States and other European Countries
        • Boost the creation of Distribution and VAR networks
      • We are working closely with Enterprise Europe Network