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Czech Out the Tech Scene
Hidden Gems in the Heart of Europe
The Czechs: Golden Hands
"Golden Czech hands and clever Czech heads" led to the invention
of soft contact lenses, the electric arc lamp, fingerprinting, ship
propellers, the mechanical pencil, semtex, and the sugar cube,
A long and proud history of
entrepreneurship
The Capital of The Holy Roman
Empire
The world’s oldest continuously running
University: Charles University, Founded 1348
INDEX
1. History​
2. Economy
3. Prague tech scene today​
4. Invest time and money in Czech Republic!​
5. Czech tech gurus you should know​
6. Resources to get started​
7. Appendix
1. History
1918 1938 1968 1974 1989 1992 1993 1996
Czechoslovakia (CS) rises out of
Austro-Hungary as the world’s 11th
largest economy.
Warsaw Pact. CS earns reputation
for technical excellence and
creativity - Jawa Motorcycles,
Cinema, Medicine.
Prague Spring -
occupation of CS.
SAPO - first PC constructed
in CS by Antonín Svoboda​.
Velvet Revolution -
CS rejoins the world.
First Internet Connection at
Czech Technical University.
The Velvet Divorce - Czechia
and Slovakia split amicably-
both later joining the EU.
Founding of Seznam.
cz, Jobs.cz​
8th
1998 2000 2006 2010 2011 2014 2015
Foundation of CZNIC, Alza.cz - first major e-
retailer, Lupa.cz​ - first tech-only news site.
25% of Czechs are Online. Almost No
E-commerce.
Czech Republic is the only country in
Europe to get a Google product team
before Google opens a sales office.
World’s first bitcoin mining
pool - Slush.
Foundation of StartupYard -
Seed Accelerator
80% of Czechs now online. Czechs
now spend 6 Billion Euros Online per
year
Average Internet speeds now
ranked 8th worldwide, at 3
times global average, 11.2
Mbit/s.
TODAY
Google, AVG, Seznam.cz
& Skype headquarters
The district of Smichov is
becoming the Heart of Tech
In the Czech Republic.
Prague
center
Node 5 &
StartupYard
Impact Hub
TechSquare
Economy
A great stimulus for
entrepreneurship
The Czech Republic has a solid Industrial
base, with a growing service economy, reliant
on exports, mainly to Germany.
JOBS
60%
29%Service
Industrial
TAX
29%
Proportion of foreigners
in population
4,2%
Czechs Working Abroad
100,000
in EU
of GDP
Lower than most developed
countries
2. Prague Tech Scene
Today
The only non-Google search engine
ranked in any European country.
experts work in IT. Development of
Internet and IT has brought new jobs
students graduate from top IT, computer
science, and engineering programs every year.
startups currently listed on AngelList.
Homegrown players, AVG and Avast, both
companies in IT security.
#1
264
50,000
300,000
1B$+
Global companies with major IT centers in CZ
Early stage investment environment
Active group of
venture investors!
Growing number of
business angels &
field of early stage
investors
Y-Soft
http://www.czechcrunch.cz/2015/02/do-ceskych-startupu-se-za-rok-2014-proinvestovalo-746-milionu-korun-jak-je-na-tom-cela-evropa/http:
//www.czechcrunch.cz/2015/02/do-ceskych-startupu-se-za-rok-2014-proinvestovalo-746-milionu-korun-jak-je-na-tom-cela-evropa/
Country Deals Million $ Country Deals Million $ Country Deals Million $
UK 225 $1.698,0 Ireland 25 $145,3 Portugal 5 $7,1
Germany 154 $1.279,3 Belgium 12 $56,1 Luxembourg 4 $26,7
France 63 $379,4 Switzerland 11 $84,6 Turkey 4 $1,4
Russia 62 $323,9 Scotland 9 $29,9 Bulgaria 3 $8,4
Spain 48 $254,5 Austria 8 $13,4 Ukraine 3 $4,5
Sweden 42 $398,9 Estonia 7 $4,8 Latvia 3 $3,3
Finland 40 $90,6 Lithuania 6 $32,8 Cyprus 2 $15,6
Italy 40 $48,4 Norway 6 $12,2 Hungary 2 $2,4
Netherlands 33 $544,3 Czech Republic 5 $30,8 Greece 2 $2,3
Denmark 25 $145,9 Poland 5 $25,7 Malta 1 $54,6
EU VC-Backed Tech Deal & Dollar Distribution by Country: 2014CB Insights report
Which companies founded by
Czechs are getting funded?
$850,000 Futurelytics
$1,000,000 BrandEmbassy
$5.45M SkyPicker
$1,800,000 Apiary
$2,000,000 Liftago
$2,800,000 Codasip
$6.23M Geewa
$34M SocialBakers
$101M GoodData
$1,350,000 Comprimato
$2,500,000 Safetica
3. Invest time and money
in Czech Republic!
How we attract foreign investors
Skilled workforce with
good language skills
Relatively low labor costs,
easy self-employment
Easy, zero-capital
incorporation
Favorable business climate
Stable political environment
High-quality transportation and
business infrastructure
Geographical and cultural
proximity to Western
Europe, and the East
Low level of crime, low cost of
living, and low rents
CORPORATE
TAX 19%
0$
Your Gateway
to Central Europe
BerlinLondon
Vienna
Budapest
Sofia
Paris
Madrid
4. Czech tech gurus
you should know​
The King
Roman Staněk
Founder NetBeans, Systinet, GoodData
Tech businessman
Started making his business in 1997
Jakub Nesetril -
Apiary.io
Local Heros
Jan Gritzbach &
Tomaš Hofer- AVG
Martin Rehak -
COSE
Vaclav Muchna-
YSoft
Michal Pechoucek -
COSE
Ondra Tomek -
NetCentrum
Ondřej Fryc -
Mall.cz
Jan Řezab -
SocialBakers
Eduard Kucera &
Pavel Baudiš - Avast
Tomáš Čupr -
Slevomat.cz,
Dámejídlo.cz
Simon Vostry -
Zoom
Dusan Senkypl
- ePojisteni
Most active investors
5 Czech Startups
to watch in 2015
5. Resources
to get started
Accelerators
STARCUBE
Incubators
South Moravian
Innovation Centre
Supported by University
of Economics
Supported by University
of Life Sciences Prague
Supported by Czech
Technical University
Coworking Spaces
Engineering Schools
Czech Technical University in
Prague, one of the largest in
the country, is also the oldest
non-military technical
university in Europe.
Technical University
(Liberec)
Charles
University
Masaryk University
MeetUps
WebExpo
conference for web professionals
http://2014.webexpo.cz/en/
Startup Summit
Devel http://devel.
cz/konference
App Parade http://www.
appparade.cz/
StartupCamp
Engage Prague http://www.
engage2015.com/
BarCamp
Nápad Roku http://www.
napadroku.cz/
Česká inovace http://www.
ceskainovace.cz/
StartupYard Events
Thank you!
Appendix
★ http://www.expats.cz/prague/article/czech-companies/Surveying-the-Czech-Start-Up-Scene/
★ http://www.eu-startups.com/2015/01/5-czech-startups-to-watch-in-2015/
★ http://centraleuropeanstartupawards.com/#the-team
★ http://byznys.ihned.cz/c1-61402650-mapa-ceske-digitalni-pustiny-opravdu-rychly-internet-maji-jen-3-
procenta-lidi
★ http://kristalova.lupa.cz/2014/vysledkova-listina/
★ http://www.doba-webova.com/cs/statistiky-pro-socialni-sit
★ http://www.janrezab.com/list-of-top-czech-technology-companies-and-start-ups-updated/
★ http://www.vyzkumy.cz/clanky/454-ceska-internetova-populace-v-cislech
★ http://www.forbes.cz/10-lidi-z-ceskeho-byznysu-ktere-se-vyplati-sledovat-na-twitteru/
★ http://www.czechict.cz/ict-v-cr.htm
★ http://tech.ihned.cz/
★ https://www.cbinsights.com/research-european-tech-2014
★ https://slack-redir.com/link?url=http%3A%2F%2Fwww.cnbc.com%2Fid%2F102236164
★ http://www.janrezab.com/list-of-top-czech-technology-companies-and-start-ups-updated/
★ INSPIRATION: http://bonjourlafrenchtech.com/paris-back/
★ http://theupstart.co/16828/infographic-boulder-is-for-startups/
★ http://www.eban.org/
★ http://www.cvca.cz/cs/
★ http://www.slideshare.net/Coadec/startup-manifesto
★ http://kasvustrateegia.mkm.ee/index_eng.html
★ http://www.startupjobs.cz/en/blog/infografika-kdo-chce-pracovat-pro-startup
★ http://withlove.sk/#
★ http://thenextweb.com/insider/2012/10/09/how-pragues-smile-land-district-is-becoming-a-hub-for-czech-
startups/
★ http://www.wbtcb.com/en/bitcoin-atm
★ http://performance.ey.com/2012/06/06/how-czech-republic-is-attracting-foreign-investors/
★ http://performance.ey.com/wp-content/uploads/downloads/2012/06/Performance-4.3-April-2012-Journal-v16-
p7079.Czech-Republic.pdf
★ http://www.virgin.com/entrepreneur/the-worlds-best-start-up-hubs-berlin-germany
★ http://startuphub.pl/people/
★ http://edu.deloitte.cz/Upload/Brochures/PDF/2014/CVCA2014.pdf
★ http://www.iises.net/download/Soubory/soubory-puvodni/pp059-075_ijobm_2014V2N1.pdf
★ https://datafox.co/lists/sean-moroney/prague-startups/
★ http://www.czso.cz/csu/tz.nsf/i/prezentace_z_tk_domacnosti_a_internet/$File/csu_tk_internet_prezentace.pdf
★ http://www.migrace.com/docs/141115_simi-zamestnanci-en-nahled.pdf

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Czech the tech scene

  • 1. Czech Out the Tech Scene Hidden Gems in the Heart of Europe
  • 2. The Czechs: Golden Hands "Golden Czech hands and clever Czech heads" led to the invention of soft contact lenses, the electric arc lamp, fingerprinting, ship propellers, the mechanical pencil, semtex, and the sugar cube, A long and proud history of entrepreneurship The Capital of The Holy Roman Empire The world’s oldest continuously running University: Charles University, Founded 1348
  • 3. INDEX 1. History​ 2. Economy 3. Prague tech scene today​ 4. Invest time and money in Czech Republic!​ 5. Czech tech gurus you should know​ 6. Resources to get started​ 7. Appendix
  • 5. 1918 1938 1968 1974 1989 1992 1993 1996 Czechoslovakia (CS) rises out of Austro-Hungary as the world’s 11th largest economy. Warsaw Pact. CS earns reputation for technical excellence and creativity - Jawa Motorcycles, Cinema, Medicine. Prague Spring - occupation of CS. SAPO - first PC constructed in CS by Antonín Svoboda​. Velvet Revolution - CS rejoins the world. First Internet Connection at Czech Technical University. The Velvet Divorce - Czechia and Slovakia split amicably- both later joining the EU. Founding of Seznam. cz, Jobs.cz​
  • 6. 8th 1998 2000 2006 2010 2011 2014 2015 Foundation of CZNIC, Alza.cz - first major e- retailer, Lupa.cz​ - first tech-only news site. 25% of Czechs are Online. Almost No E-commerce. Czech Republic is the only country in Europe to get a Google product team before Google opens a sales office. World’s first bitcoin mining pool - Slush. Foundation of StartupYard - Seed Accelerator 80% of Czechs now online. Czechs now spend 6 Billion Euros Online per year Average Internet speeds now ranked 8th worldwide, at 3 times global average, 11.2 Mbit/s.
  • 7. TODAY Google, AVG, Seznam.cz & Skype headquarters The district of Smichov is becoming the Heart of Tech In the Czech Republic. Prague center Node 5 & StartupYard Impact Hub TechSquare
  • 8. Economy A great stimulus for entrepreneurship The Czech Republic has a solid Industrial base, with a growing service economy, reliant on exports, mainly to Germany. JOBS 60% 29%Service Industrial TAX 29% Proportion of foreigners in population 4,2% Czechs Working Abroad 100,000 in EU of GDP Lower than most developed countries
  • 9. 2. Prague Tech Scene Today
  • 10. The only non-Google search engine ranked in any European country. experts work in IT. Development of Internet and IT has brought new jobs students graduate from top IT, computer science, and engineering programs every year. startups currently listed on AngelList. Homegrown players, AVG and Avast, both companies in IT security. #1 264 50,000 300,000 1B$+
  • 11. Global companies with major IT centers in CZ
  • 12. Early stage investment environment Active group of venture investors! Growing number of business angels & field of early stage investors Y-Soft
  • 13. http://www.czechcrunch.cz/2015/02/do-ceskych-startupu-se-za-rok-2014-proinvestovalo-746-milionu-korun-jak-je-na-tom-cela-evropa/http: //www.czechcrunch.cz/2015/02/do-ceskych-startupu-se-za-rok-2014-proinvestovalo-746-milionu-korun-jak-je-na-tom-cela-evropa/ Country Deals Million $ Country Deals Million $ Country Deals Million $ UK 225 $1.698,0 Ireland 25 $145,3 Portugal 5 $7,1 Germany 154 $1.279,3 Belgium 12 $56,1 Luxembourg 4 $26,7 France 63 $379,4 Switzerland 11 $84,6 Turkey 4 $1,4 Russia 62 $323,9 Scotland 9 $29,9 Bulgaria 3 $8,4 Spain 48 $254,5 Austria 8 $13,4 Ukraine 3 $4,5 Sweden 42 $398,9 Estonia 7 $4,8 Latvia 3 $3,3 Finland 40 $90,6 Lithuania 6 $32,8 Cyprus 2 $15,6 Italy 40 $48,4 Norway 6 $12,2 Hungary 2 $2,4 Netherlands 33 $544,3 Czech Republic 5 $30,8 Greece 2 $2,3 Denmark 25 $145,9 Poland 5 $25,7 Malta 1 $54,6 EU VC-Backed Tech Deal & Dollar Distribution by Country: 2014CB Insights report
  • 14. Which companies founded by Czechs are getting funded? $850,000 Futurelytics $1,000,000 BrandEmbassy $5.45M SkyPicker $1,800,000 Apiary $2,000,000 Liftago $2,800,000 Codasip $6.23M Geewa $34M SocialBakers $101M GoodData $1,350,000 Comprimato $2,500,000 Safetica
  • 15. 3. Invest time and money in Czech Republic!
  • 16. How we attract foreign investors Skilled workforce with good language skills Relatively low labor costs, easy self-employment Easy, zero-capital incorporation Favorable business climate Stable political environment High-quality transportation and business infrastructure Geographical and cultural proximity to Western Europe, and the East Low level of crime, low cost of living, and low rents CORPORATE TAX 19% 0$
  • 17. Your Gateway to Central Europe BerlinLondon Vienna Budapest Sofia Paris Madrid
  • 18. 4. Czech tech gurus you should know​
  • 19. The King Roman Staněk Founder NetBeans, Systinet, GoodData Tech businessman Started making his business in 1997
  • 20. Jakub Nesetril - Apiary.io Local Heros Jan Gritzbach & Tomaš Hofer- AVG Martin Rehak - COSE Vaclav Muchna- YSoft Michal Pechoucek - COSE Ondra Tomek - NetCentrum Ondřej Fryc - Mall.cz Jan Řezab - SocialBakers Eduard Kucera & Pavel Baudiš - Avast Tomáš Čupr - Slevomat.cz, Dámejídlo.cz Simon Vostry - Zoom Dusan Senkypl - ePojisteni
  • 22. 5 Czech Startups to watch in 2015
  • 24. Accelerators STARCUBE Incubators South Moravian Innovation Centre Supported by University of Economics Supported by University of Life Sciences Prague Supported by Czech Technical University
  • 26. Engineering Schools Czech Technical University in Prague, one of the largest in the country, is also the oldest non-military technical university in Europe. Technical University (Liberec) Charles University Masaryk University
  • 27. MeetUps WebExpo conference for web professionals http://2014.webexpo.cz/en/ Startup Summit Devel http://devel. cz/konference App Parade http://www. appparade.cz/ StartupCamp Engage Prague http://www. engage2015.com/ BarCamp Nápad Roku http://www. napadroku.cz/ Česká inovace http://www. ceskainovace.cz/ StartupYard Events
  • 29. Appendix ★ http://www.expats.cz/prague/article/czech-companies/Surveying-the-Czech-Start-Up-Scene/ ★ http://www.eu-startups.com/2015/01/5-czech-startups-to-watch-in-2015/ ★ http://centraleuropeanstartupawards.com/#the-team ★ http://byznys.ihned.cz/c1-61402650-mapa-ceske-digitalni-pustiny-opravdu-rychly-internet-maji-jen-3- procenta-lidi ★ http://kristalova.lupa.cz/2014/vysledkova-listina/ ★ http://www.doba-webova.com/cs/statistiky-pro-socialni-sit ★ http://www.janrezab.com/list-of-top-czech-technology-companies-and-start-ups-updated/ ★ http://www.vyzkumy.cz/clanky/454-ceska-internetova-populace-v-cislech ★ http://www.forbes.cz/10-lidi-z-ceskeho-byznysu-ktere-se-vyplati-sledovat-na-twitteru/ ★ http://www.czechict.cz/ict-v-cr.htm ★ http://tech.ihned.cz/ ★ https://www.cbinsights.com/research-european-tech-2014 ★ https://slack-redir.com/link?url=http%3A%2F%2Fwww.cnbc.com%2Fid%2F102236164 ★ http://www.janrezab.com/list-of-top-czech-technology-companies-and-start-ups-updated/ ★ INSPIRATION: http://bonjourlafrenchtech.com/paris-back/
  • 30. ★ http://theupstart.co/16828/infographic-boulder-is-for-startups/ ★ http://www.eban.org/ ★ http://www.cvca.cz/cs/ ★ http://www.slideshare.net/Coadec/startup-manifesto ★ http://kasvustrateegia.mkm.ee/index_eng.html ★ http://www.startupjobs.cz/en/blog/infografika-kdo-chce-pracovat-pro-startup ★ http://withlove.sk/# ★ http://thenextweb.com/insider/2012/10/09/how-pragues-smile-land-district-is-becoming-a-hub-for-czech- startups/ ★ http://www.wbtcb.com/en/bitcoin-atm ★ http://performance.ey.com/2012/06/06/how-czech-republic-is-attracting-foreign-investors/ ★ http://performance.ey.com/wp-content/uploads/downloads/2012/06/Performance-4.3-April-2012-Journal-v16- p7079.Czech-Republic.pdf ★ http://www.virgin.com/entrepreneur/the-worlds-best-start-up-hubs-berlin-germany ★ http://startuphub.pl/people/ ★ http://edu.deloitte.cz/Upload/Brochures/PDF/2014/CVCA2014.pdf ★ http://www.iises.net/download/Soubory/soubory-puvodni/pp059-075_ijobm_2014V2N1.pdf ★ https://datafox.co/lists/sean-moroney/prague-startups/ ★ http://www.czso.cz/csu/tz.nsf/i/prezentace_z_tk_domacnosti_a_internet/$File/csu_tk_internet_prezentace.pdf ★ http://www.migrace.com/docs/141115_simi-zamestnanci-en-nahled.pdf