European Web Startups: Entrepreneurial Activity Rates and Availability of Resources Preliminary Interview and Survey– Full Results on April 24 th , 2009 Contact: t.zhang2009@hult.edu Web: www.londonsf.com March 23, 2009

Countries with insufficient data: Luxembourg, Turkey, Malta, Latvia, Cyprus, Iceland, Slovenia, Norway, Portugal, Estonia, Austria, Finland Web Tech Entrepreneurship Level Availability of Local Resources

Well supported Regions Developing Regions Under supported Regions Web Tech Entrepreneurship Level Availability of Local Resources

Survey Details This survey was conducted through email interviews with bloggers, members of startup social networks, and entrepreneurs in EU countries. Almost 200 individuals were contacted however, some countries did not have respondents. 1-4 respondents for each country. Question 1: How entrepreneurial do you consider yourself? Your peers? Your area in general? How do you think it compares to US, rest of EU, UK? Question 2: Do you feel you have enough local resources to start your business? What are they? E.g. News sites, blogs, groups, VCs. How adequate are they? How easy is it for a startup? Each response was rated from 1-5, 5 having the best resources or web entrepreneurism, and plotted on the graph.

This survey was conducted through email interviews with bloggers, members of startup social networks, and entrepreneurs in EU countries. Almost 200 individuals were contacted however, some countries did not have respondents.

1-4 respondents for each country.

Question 1: How entrepreneurial do you consider yourself? Your peers? Your area in general? How do you think it compares to US, rest of EU, UK?

Question 2: Do you feel you have enough local resources to start your business? What are they? E.g. News sites, blogs, groups, VCs. How adequate are they? How easy is it for a startup?

Each response was rated from 1-5, 5 having the best resources or web entrepreneurism, and plotted on the graph.

Full report using survey results to follow