This document discusses the potential for tech startups and entrepreneurship in Moldova. It notes that the costs of starting a business are decreasing globally due to factors like the internet. It then provides examples of positive impacts from tech startups in various countries, such as job creation and tax revenue. The current situation in Moldova is described as having potential but room for improvement. The document proposes a "Startup Moldova" initiative to help develop the local tech startup ecosystem through actions by government, community, and the private sector. It outlines short and long term goals around increasing the number of startups and driving economic growth.

1. Disclaimer
The author’s views expressed in this publication do not necessary reflect the views of the United States Agency for International Development or the United States Government.
APRIL 27, 2016
@theChange_rs
http://thechange.rs

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Anca Albu
CEE Changers Founder
20 EXPERTS, 16 COUNTRIES

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Tech startups:
What are they and why have they become a global phenomenon
Republic of Moldova:
Current situation of tech entrepreneurship
Moving Forward:
STARTUP MOLDOVA
POINTSOFDISCUSSION

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GLOBALTECHREVOLUTION
Impact of The Internet - The 3.5 billionth person
going online is happening now;
Cost - Cost of Starting A Business is Plummeting!
Youth Power – Searching for meaning, not
enchanted by conventional ways; equal
opportunities;

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• There are over 20 million people unemployed in the EU today.
• Europe faces 800,000 shortfall in skilled ICT workers by 2020
FACTS

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IMPACT Denmark - Brain gain
Slovakia - 22 local tech companies pay 1% of
country’s taxes
Chile - in 5 yrs: 45% increase in interest from
local entrepreneurs
Lithuania - 90% survival rate of startups
Georgia - higher investments - more interest
Malaysia - 5000 school kids and youth trained
in programming

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PRESENTMOLDOVA
>20k

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IMPACT Competitive advantages
Drives all sectors of economy

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TECHSTARTUPS
% GDP
Employment
Innovation
=

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TECHSTARTUPS
1. Favorable regulations and taxes
2. Better access to financing
3. Easier access to talent
4. Education promoting entrepreneurship and programming skills
5. Startup-friendly infrastructure

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PRESENTMOLDOVA

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ECOSYSTEM LEADERS STAKEHOLDERS FRAMEWORKS
RESOURCES ACTIVITIES ENGAGEMENT
ROLE MODELS
INFRASTRUCTURE
CAPABILITY
COMMUNITY
CULTURE
* Inspired by The Rainforest Canvas

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Government
Community
Private
Sector
STARTUP
MOLDOVA
STARTUPMOLDOVA
- R&D Investment
- Corporate
Entrepreneurship
Responsibility
- Sponsorships
- Policy
- Framework
- Funding

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STARTUP MOLDOVA
• Position Moldova as the innovation
and entrepreneurship bridge between
West and East
• Spur the innovation culture

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STARTUPMOLDOVAGOALS
SHORT TERM
- More startups
- Increase in the startup
survival rate
- Increase in population
interest in creating new
tech startups
- Recycled entrepreneurship
LONG TERM
- Increase in GDP
- Increase in FDI
- Increase in Patents
- Reverse of Brain Drain
- Scale-ups
- Productivity
- Exits
- Happiness Index

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STARTUP
MOLDOVA
“Economic growth springs from
better recipes,
not just from more cooking.”
Paul M. Romer
Stanford University