egg - enter grow go: An innovative program to boost young entrepreneurship in Greece

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1 egg - enter grow go: An innovative program to boost young entrepreneurship in Greece Education and Innovation in the 21 st century The Economist conference, February 28 th, 2013 Lyda Modiano Head of Group communications Eurobank 1

2 Why an egg? Greek young innovative entrepreneurs are full of ideas but face many obstacles in their effort to put them into practice. Eurobank and Corallia aspire to remove some critical obstacles and support young people in bringing their business plans into life. The egg - enter grow go is a joint corporate social responsibility initiative that aims to boost young innovative entrepreneurship and improve employment opportunities for young people in Greece. It is a holistic entrepreneurship acceleration program, reaching out to young teams with creative and innovative ideas. 2

3 The Program (1/2) Is addressed to young people of 18 to 35 years students, graduates or undergraduates. Will host 20 start-ups. Teams selected through a transparent well designed evaluation process. Each Program cycle lasts 12 months. The first cycle starts in May

4 The Program (2/2) Benefits Infrastructure Office Spaces Web hosting Software / Hardware Meeting & Entertainment spaces Mentors Distinguished entrepreneurs who will provide advice and guidance One-stop-shop Services Investors network Accounting / Business management IPR claim and protection Human resources management Corporate identity & communication IT Support Business Training Intensive and practical training program (3m business bootcamp ) Ad hoc seminars and lectures Advisory Board 1 st egg Syngrou Avevue Steering Committee & Program Manager Stakeholders Mentors egg Community Web site social media Sponsors & Supporters Egg Community 4

5 5 The Benefits

6 Infrastructure Building with fully equipped office spaces, separate for each start-up, with meeting rooms and recreation areas and a pleasant and creative working environment. 6

7 Mentors Prominent personalities from all economy sectors with experience and expertise will provide mentoring to start-ups. 1 F. Antonopoulos ATCOM 2 F. Draganidis Μicrosoft 3 T. Flambouras Aventurine 4 S. Fotinos Lavipharm 5 V. Gerovassiliou Domaine Gerovassiliou 6 P. Gezerlis Digital Marketing 7 G. Kartsani CEO Club 8 I. Kikidis Eyelead Software 9 G. Korres Korres 10 I. Kotis KEMEL,former President ALGIDA 11 K. Lafkas Sunlight 12 C. Meimetis Antcor 13 I. Methodios 14 M. Nafpliotis Zoobytes KEMEL, former President & CEO Accenture Hellas 15 O. Palandjian Europa Aluminium System 16 P. Stamatiades former J&J 17 V. Trapezanoglou Eurobank 18 A. Tsoukalis Micrel 19 Μ. Veremis Upstream 20 G. Zenzefilis Intralot Interactive 7

8 Support Services One-stop-shop services through a helpdesk and live support, to cover primary business operations. All services granted for free by sponsors and supporters. One-stop-shop Services Financial Advice & Networking with investors Accounting and Corporate Management Human Resource Management Corporate Branding and Communication Copyright, claim and Protection Technical IT and Telecommunication Support 8

9 Business Training Training on vital knowledge areas through an intensive 3-month training program ( business bootcamp"). Training provided for free by sponsors and supporters. Bootcamp Topics 1 Project Management 2 Intellectual Property Management 3 Corporate Communication and Public Relations 4 Strategic Marketing 5 Sales Techniques 6 Product Development Bootcamp Topics 7 Accreditation and Quality Control 8 Talent Management 9 Investment and Asset Management 10 Exports 11 Public Funding 12 Attracting Investors (Elevator Pitch) Ad hoc seminars and lectures offered by an expanding network of supporters who are joining the egg - enter grow go community. 9

10 10 Organizational Structure

11 Organizational Structure Advisory Board ---- Steering Committee ---- Manager M. Bletsas Director of Computing, MIT Media Lab G. Doukidis N. Ebeoglou A. Frangou Advisory Board Professor at Athens University of Economics and Business, Director of ELTRUN President of The Board, ΑLBA Graduate Business School CEO/Chairman of the Board/Director, Navios Maritime Holdings Inc R. Moissis Deputy Chairman, IOBE Th.Papalexopoulos Management Consultant, TITAN S.A. J. Sifakis E. Vidalis Director of the Rigorous System Design Laboratory at EPFL, CNRS Grenoble Vice Chairman of the Hellenic Federation of Enterprises (SEV) D. Vlastos President of The Board, Bodossaki Foundation 11

12 Timetable Deadline for Applications: Tuesday 26 March 2013, 17:00 GMT+2 Evaluation: April 2013 Program Cycle starts: May

13 Website Site launched 13/2/13: >52,000 unique visitors avg pages per visit: 2 3,700 new visitors per day seek information via website #730 registrations for applications Facebook Likes: 2,100 13

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