The document summarizes the evolution of Virtual Trip, which was founded in 2000 and has since grown into the Materializing Innovation Group through founding and acquiring various companies in different industries. By 2012, Materializing Innovation Group established an entrepreneurial ecosystem that includes a startup incubator, angel investors network, and partnerships to support innovation and entrepreneurship.

1. Materializing Innovation

2. Virtual Trip was created in 2000
by a team of 5 undergraduate computer scientists

4. In 2003 Virtual Trip co-founded Epignosis,
the vendor of eFront e-Learning & TalentLMS

5. In 2004 Virtual Trip started the mVision project
which later in 2008 led to the creation of MVNS SA

6. In 2005 Virtual Trip acquired Infomap SA,
the leading Spatial Intelligence integrator in Greece

7. In 2006 Virtual Trip co-founded NGLS SA
targeting the e-Learning services industry

8. In 2007 Virtual Trip co-founded TS Consulting Ltd,
in an effort to enter the Management Consulting industry

9. In 2012 AbZorba Games SA was span out of MVNS SA,
destined to dominate the mobile casino games market

10. In 2012 Virtual Trip co-founded Flipnode LLC,
vendor of cloud unified communications technology

11. In 2012 Virtual Trip co-founded Pakia Software Services LLC,
aiming to disrupt the insurance software market

12. Publisher
Services Vendors
Publisher
By 2012 Virtual Trip owns a portfolio of dormant software
products ready to be spun-out upon the right circumstances

13. Services Vendors Distributors
Publisher
In 2007 Virtual Trip co-founded IT Center Ltd and Actech LLC,
to create a regional distribution & support centers
in SE Europe and NE USA

14. M.I. Spain
M.I. Hungary
M.I. Brussels
Services Vendors Distributors
Publisher
M.I. Spain
M.I. Hungary
Antenna
Offices
M.I. Brussels
In 2012 the Materializing Innovation Group is completing the
establishment of antenna offices around the Globe

15. Materializing Innovation Group
Services Vendors Distributors
Publisher
M.I. Spain
M.I. Hungary
Antenna
Offices
M.I. Brussels
The Services, Vendor & Distribution companies created after
Virtual Trip constitute the Materializing Innovation Group

16. Materializing Innovation Group
Services Vendors Distributors
Publisher
M.I. Spain
M.I. Hungary
Antenna
Offices
M.I. Brussels
StartTech Ventures was created to capitalize & share
the broad experience of turning ideas to sustainable companies

17. StartTech Incubator
Materializing Innovation Group
Services Vendors Distributors
Publisher
M.I. Spain
M.I. Hungary
Antenna
Offices
M.I. Brussels
The StartTech incubator is created to host selected start-ups
to be funded and share the experience & the infrastructure of the
Materializing Innovation Group

18. StartTech Incubator
Materializing Innovation Group
Services Vendors Distributors
Publisher
M.I. Spain
M.I. Hungary
Antenna
Offices
M.I. Brussels
Psycholate LLC, vendor of psychometric technology, was the first
startup to be accepted in the StartTech Incubator

19. StartTech Incubator
Materializing Innovation Group
Services Vendors Distributors
Publisher
M.I. Spain
M.I. Hungary
Antenna
Offices
M.I. Brussels
Incubator - Financing - Business Development - Financial & Account Management - Business Administration - Talent Management
Services: - Strategy - MIS & IT Infrastructure - Marketing Communications - Legal Advisory - Facilities
The StartTech Incubator provides a wide range of mentoring,
administration and support services

20. coLab
Workspace
StartTech Incubator
Materializing Innovation Group
Services Vendors Distributors
tu ed
ar at
ps
st ub
c
in
Publisher
M.I. Spain
M.I. Hungary
Antenna
Offices
M.I. Brussels
Incubator - Financing - Business Development - Financial & Account Management - Business Administration - Talent Management
Services: - Strategy - MIS & IT Infrastructure - Marketing Communications - Legal Advisory - Facilities
In 2012 StartTech Ventures made a strategic partnership
with CoLabWorkspace.com to ensure a steadily growing,
high-quality dealflow

21. StartTech coLab
Angels Workspace
StartTech Incubator
Materializing Innovation Group
Services Vendors Distributors
tu ed
ar at
ps
st ub
c
in
Publisher
M.I. Spain
M.I. Hungary
Antenna
Offices
M.I. Brussels
Incubator - Financing - Business Development - Financial & Account Management - Business Administration - Talent Management
Services: - Strategy - MIS & IT Infrastructure - Marketing Communications - Legal Advisory - Facilities
In 2012, in an effort to bridge the successful entrepreneurs
with the innovation community, StartTech created the
first commercial business angel network in Greece

22. StartTech StartTech coLab
Ventures Angels Workspace
StartTech Incubator
Materializing Innovation Group
Services Vendors Distributors
tu ed
ar at
ps
st ub
c
in
Publisher
M.I. Spain
M.I. Hungary
Antenna
Offices
M.I. Brussels
Incubator - Financing - Business Development - Financial & Account Management - Business Administration - Talent Management
Services: - Strategy - MIS & IT Infrastructure - Marketing Communications - Legal Advisory - Facilities
In 2012 StartTech Ventures was created to serve as the investment
management arm of the Materializing Innovation Group

23. StartTech Entrepreneurial Ecosystem
StartTech StartTech coLab
Ventures Angels Workspace
StartTech Incubator
Materializing Innovation Group
Services Vendors Distributors
tu ed
ar at
ps
st ub
c
in
Publisher
M.I. Spain
M.I. Hungary
Antenna
Offices
M.I. Brussels
Incubator - Financing - Business Development - Financial & Account Management - Business Administration - Talent Management
Services: - Strategy - MIS & IT Infrastructure - Marketing Communications - Legal Advisory - Facilities
This journey has resulted to the first prototype implementation of
the “Entrepreneurial Ecosystem” concept

24. Make it happen!
www.starttech.eu