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Irena Chaushevska - NewMan's Accelerator - Macedonia & SE-Europe - Stanford Engineering - Feb 8 2016

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Talk by Irena Chaushevska, CEO & Founder - NewMan's Business Accelerator, at Stanford on Feb 8 2016, in our session on 'Balkans Accelerators & Women's Health Startups :: Macedonia & Berlin'.

Video Link: https://youtu.be/bOnpScj9ol8

Website: http://www.StanfordEuropreneurs.org
YouTube Channel: https://www.youtube.com/user/StanfordEuropreneurs
Twitter: @Europreneurs

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Irena Chaushevska - NewMan's Accelerator - Macedonia & SE-Europe - Stanford Engineering - Feb 8 2016

  1. 1. ACCELERATING TALENT & START-UPS IN SOUTH-EASTERN EUROPE IRENA CHAUSHEVSKA CEO & Founder European Entrepreneurship and Innovation | Stanford University NEW MAN’S BUSINESS A C C E L E R A T O R February 8 , 2016www.newmansba.com @NewMansBA
  2. 2. FOUNDED IN APRIL 2014 100% PRIVATE INVESTORS 400% YOY REVENUE GROWTH CASH FLOW POSITIVE 43 STARTUPS 160+ STUDENTS 60 MENTORS 9 PERSON CORE TEAM NEWMAN’S THE LEADING SEE ACCELERATOR
  3. 3. NEWMAN’S HQ IN MACEDONIA A SMALL DYNAMIC COUNTRY 3 2.1 MILLION PEOPLE PARLIAMENTARY DEMOCRACY 69% MACEDONIANS, 22% ALBANIANS, 4% TURKS, 2% SERBS
  4. 4. MACEDONIA - LAND OF MYTHS AND LEGENDS AND GROWING STARTUP COMMUNITY 4 KOKINO - Megalithic observatory 4th oldest in world according to NASA. KUKLICA - 10 million years old stone town and 120 stone figures in city of Kratovo. ALSHAR MINE - Lorandite, mineral that could unravel the work of the Sun. OHRID LAKE - Europe oldest, 1 million years. Country had 34 mountains & 53 lakes. MOTHER THERESA - Was born in the capital city of Macedonia - Skopje. ALEXANDER THE GREAT - King of Macedonia and conqueror of Persia.
  5. 5. MACEDONIA - LAND OF MYTHS AND LEGENDS AND GROWING STARTUP COMMUNITY 5 KOKINO - Megalithic observatory 4th oldest in world according to NASA. KUKLICA - 10 million years old stone town and 120 stone figures in city of Kratovo. ALSHAR MINE - Lorandite, mineral that could unravel the work of the Sun. OHRID LAKE - Europe oldest, 1 million years. Country had 34 mountains & 53 lakes. MOTHER THERESA - Was born in the capital city of Macedonia - Skopje. ALEXANDER THE GREAT - King of Macedonia and conqueror of Persia.
  6. 6. MACEDONIA - LAND OF MYTHS AND LEGENDS AND GROWING STARTUP COMMUNITY 6 KOKINO - Megalithic observatory 4th oldest in world according to NASA. KUKLICA - 10 million years old stone town and 120 stone figures in city of Kratovo. ALSHAR MINE - Lorandite, mineral that could unravel the work of the Sun. OHRID LAKE - Europe oldest, 1 million years. Country had 34 mountains & 53 lakes. MOTHER THERESA - Was born in the capital city of Macedonia - Skopje. ALEXANDER THE GREAT - King of Macedonia and conqueror of Persia.
  7. 7. MACEDONIA - LAND OF MYTHS AND LEGENDS AND GROWING STARTUP COMMUNITY 7 KOKINO - Megalithic observatory 4th oldest in world according to NASA. KUKLICA - 10 million years old stone town and 120 stone figures in city of Kratovo. ALSHAR MINE - Lorandite, mineral that could unravel the work of the Sun. OHRID LAKE - Europe oldest, 1 million years. Country had 34 mountains & 53 lakes. MOTHER THERESA - Was born in the capital city of Macedonia - Skopje. ALEXANDER THE GREAT - King of Macedonia and conqueror of Persia.
  8. 8. MACEDONIA 2ND BEST IN THE WORLD FOR STARTING A BUSINESS 8 1st IN REGION 2nd IN WORLD IN STARTING BUSINESS EUROPEAN SKILL-LEVEL WORKFORCE 42% UNDER 30 90% YOUTH FLUENT IN ENGLISH 580 US$ GROSS MONTHLY SALARY EXCELLENT GEO-STRATEGIC POSITION LOWEST OPERATING COSTS IN EUROPE Source: World Bank 2016 “Doing Business” Report BEST OVERALL TAX RATE IN WORLD 3,7% ANNUAL GDP GROWTH
  9. 9. TOP MACEDONIAN MANUFACTURERS AND INVESTMENT OPPORTUNITIES 9 MACHINE & AUTOMOTIVE (GERMANY) 4000 employees. Supply premium automakers with wiring systems. (UK) European mega catalyst plant for emission control. 80M$ investment. (BELGIUM) Production of 400 busses annually. 20M$ investment. COMPOSITES & METALS (MK) Machine and composites production plant for materials/parts for airplanes and satellites. (US/MK) Flexible metal products for automotive, petrochemical, and power generation. (MK) Wire products, robotic medical equipment, freight trailers, telecoms equipment.
  10. 10. (MACEDONIA) 116 Million voters SEE + Ecuador Featured in Forbes. European Business Award. TOP MACEDONIAN TECH INDUSTRIES AND INVESTMENT OPPORTUNITIES 10 (MACEDONIA) Manufacturing of Printed Circuit Boards specialized for express delivery. 10.000 prototypes / year. (US) 60M$ investment. Electronic dashboard components and car seats for automotive industry. (MACEDONIA) Works on Hollywood blockbusters with major Hollywood studios. EMMY nomination for visual effects in 2007. ELECTRONICS & HARDWARE SOFTWARE & DIGITAL (MACEDONIA) 50% of Fortune 500 are customers for Project Viewer product. 600 employees.
  11. 11. MY ENTREPRENEURIAL CAREER PATH PR AT CABINET OF PRIME MINISTER 20042002 EU PROJECT AT MINISTRY OF DEFENSE ASSISTANT ADVISOR AT CABINET OF COUNTRY PRESIDENT 20042001 LAW UNIVERSITY  LOCAL 2015 REGION 2016 GLOBAL 2014 NEW MAN’S BUSINESS A C C E L E R A T O R FOUNDER & CEO MARKETING & SALES DIRECTOR IN NATIONAL TV 20082006 PR & MARKETING MANAGER IN TELCO 2011 CEO AT EDUCATIONAL CENTER OF INTERNATIONAL SOFTWARE CORPORATION REPORTER FROM GREECE 2005 M.A. IN MARKETING SHEFFIELD UNIVERSITY 2009 FOUNDER & CEO OF MARKETING & DESIGN START-UP
  12. 12. MY ENTREPRENEURIAL CAREER PATH “Work at only 30% of your capacity and you will be OK here, continue to work harder and you might be in TROUBLE soon !”, High Government Official, Macedonia - 2004
  13. 13. FROM MARKETING & FAX MACHINES TO FOUNDER & SPACE LAUNCHES IN 5 YEARS WHY? MARKET OPPTY PERSONAL GROWTH PROFESSIONAL GROWTH 2010 2015 < Client’s office (Western Union-UFS), Marketecture > < Cape Canaveral Air Force Station, Florida, Atlas V >
  14. 14. NEWMAN’S - NASA GLOBAL CO-ORGANIZER 14 GLOBAL CO-ORGANIZER OF THE NASA SPACE APPS CHALLENGE 160 LOCATIONS, OVER 10.000 PARTICIPANTS AROUND THE WORLD (APRIL 22-24, 2016) < NewMan’s NASA partners > < NASA Space Apps Challenge, Skopje Finals, 2015 >
  15. 15. NEWMAN’S - NASA GLOBAL CO-ORGANIZER 15 www.spaceappschallenge.eu
  16. 16. NEWMAN’S - NASA GLOBAL CO-ORGANIZER 16 www.spaceappschallenge.org NOW ACCEPTING APPLICATIONS
  17. 17. NEWMAN’S MISSION AND BUSINESS UNITS 17 N E W M A N ’ S P R O T O - L A B THE POWER OF SYNERGY Students M en tors Founders Tea m m embersFreelancer s Companies Invest ors GAIN SKILLS RE CRUIT BUILDPRODUC TS GETFEEDBACK I M PROVEGO-TO-MARK ET “Empowering young people to reach their MAXIMUM POTENTIAL and to build products for GLOBAL MARKETS, by providing full life-cycle of talent & products, development & launch tools and services”, Irena Chaushevska, NewMan’s CEO
  18. 18. 0 90 180 270 360 2014 2015 2016 Male Female 100 200 300 400 58 112 310 18 NEWMAN’S ACADEMY INTERNATIONAL INDUSTRY PARTNERS: - Training tomorrow’s technical leaders -
  19. 19. 0 20 40 60 80 2014 2015 2016 Male Female 17,5 35 52,5 70 19 IOT, GAMING, E-COMMERCE STARTUPS: 15 22 61 NEWMAN’S SMART-UP - Identifying and accelerating the best start-ups -
  20. 20. 20 1-3m € SLOVENIA / EBRD VENTURE CAPITAL FUNDS IN SOUTH-EAST EUROPE 500k-3m € AUSTRIA 1-5m € GERMANY
  21. 21. NEWMAN’S PROTO-LAB 21 - Fostering innovation and new product development -
  22. 22. NEWMAN’S COMMERCIAL PRODUCTS 22 TELECONFERENCE ROBOT - Fully talkative moving display for more natural remote communication.
  23. 23. SELECTED START-UPS FROM BALKANS AND NEWMAN’S PORTFOLIO 23 • APPLIED ROBOTICS (Macedonia) - Space cubes, Intelligent autonomous aircrafts and Smart home appliances. Seed and a follow up Series A investment from a Local investor. First products on the market in Q3 of 2016. B2B and B2C. • MODULAR (Macedonia) - Online platform for personalized art products that can be 3D printed or manufactured from local providers globally. Seed investment from the Macedonian Fund for Innovations and technological development. B2C.
  24. 24. 24 • ALBASOFT CMS (Albania) - Enterprise platform used to build and manage websites with CMS. Wordpress, LeadPages and GoDaddy at one place. Over 2 million pages are already created with this platform. Self-sustainable. B2B. • FueLoyal Inc. (Macedonia, Croatia, US) - Leading and most innovative provider of Fuel misuse preventing software and patented hardware solutions in Trucking Business. Global VC investment. Established US presence. Self-sustainable. B2C and B2B. SELECTED START-UPS FROM BALKANS AND NEWMAN’S PORTFOLIO
  25. 25. NEWMAN’S IN THE HEART OF THE SE EUROPE START-UP ECOSYSTEM 25 SERBIA BOSNIA & HERZEGOVINA MONTENEGRO CROATIA SLOVENIA MACEDONIA BULGARIA ROMANIA GREECE ALBANIA HUNGARY AUSTRIA ITALY TURKEY KOSOVO VIENNA
  26. 26. NEWMAN’S GOES GLOBAL !! 26 VIENNA LONDON LOS ANGELES SAN FRANCISCO SKOPJE
  27. 27. NEWMAN’S CORE TEAM 27
  28. 28. 28 WHAT ARE WE LOOKING FOR IN THE SILICON VALLEY ? 1. LOCATION & MANAGER FOR THE NEWMAN’S SAN FRANCISCO PROGRAM 2. PARTNERS & INVESTORS IN THE NEWMAN’S GO-TO-MARKET FUND (min 200k US$ per investor)
  29. 29. THE TIME OF THE BALKANS START-UPS IS COMING! 29 The Balkan’s start-ups journey have just begun and I am very confident that it is going to be a great experience with lot of rewards for everyone involved!
  30. 30. SMALL COUNTRY - GREAT PARTNER !! THANK YOU. 30 www.newmansba.com irena@newmansba.com @chaushevska @NewMansBA

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