TechHub Riga Overview

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1 TechHub Riga Overview TechHub Riga is the first international expansion location for TechHub, the successful London initiative that offers product- oriented technology start- ups with a dedicated co- working space, community gathering point and international network for driving entrepreneurial success. TechHub Riga is a non- profit organisation operating under franchise from TechHub and is funded by membership fees and sponsorship. Our goal is to promote and support entrepreneurship and innovation in new technology development for global markets. Facility and operations TechHub Riga will be based in 400 square meters of Class A office space in the center of Riga, at Citadeles iela 12. In the same way as TechHub London, the open plan space will include permanent desks for resident start- ups, a drop- in working space for annual members requiring an occasional space to touch down in and a plenty of space to hold start- up and technology events. TechHub Riga will be outfitted with fast Internet access and Wi- Fi service. The location will become the center of start- up and technology events in Riga. Open Coffee Club Riga, an organisation with over 350 members, will now become TechHub Riga Meetup and will meet at TechHub Riga once per month as before. Pitch events such as StartupSauna Riga Warmup and LABACA Academy will be held there, as will hackathons, for example Garage48. In addition, technology meetups will be invited to move to the space, and a range of visiting speakers from the UK, elsewhere in Europe and Silicon Valley will come to TechHub Riga to bring new insights and contacts for members. Membership Membership to TechHub Riga is open to product- oriented technology start- ups, with an application form available on the TechHub website. Membership is available in three forms: Resident Members: 80 per month. Residents have 24/7, 7 day- a- week access to the Citadeles iela working space, with a dedicated desk. Includes entry to all TechHub Riga events free of charge as well as global online community membership. Also includes use of other TechHub locations free of charge. A special 50% discount will be offered to a select group of unfunded start- ups for up to a one- year period, with the goal of ensuring that the best new ideas are based at TechHub Riga. Terms are flexible to suit start- up needs: minimum membership is three months and thereafter members can leave with just one month s notice. Annual Members: 360 per year. Membership is for one named individual. Includes drop- in usage of the Citadeles iela facility and membership of the global online network. Includes

2 free access to member- only networking and other events. Discounted entry to any TechHub Riga event charging a fee. Includes up to 12 days per year drop- in usage of other TechHub facilities during 2012 at no additional cost. Founder Members: 720 for three years. Until the formal launch of TechHub Riga, we are making available a limited number of Founder Memberships, which provide three years of annual membership benefits for the price of two. TechHub Riga will accept applications starting immediately and is looking for supporters of the new facility and to recruit key members of the community (select exceptions to the product- oriented start- up rule will be made for founding members). All Founder Members will be invited to the official launch party in February 2012 and will be specially recognised as contributors to the foundation of TechHub Riga. TechHub Riga membership details: Membership Type Resident Member Annual Member Founder Member Description Price Availability Global Online Network membership Access to other TechHub locations TechHub Events access Meeting room usage Guest access Priority booking for events Priority on membership renewal Full- time desk and community membership for one named individual 80 per month, payable monthly in advance (50% discount for selected unfunded start- ups) 24/7, 7 day- a- week availability. Drop- in space usage and community membership for one named individual 360 per year, payable annually or quarterly in advance to 18.00, Monday to Friday, subject to fair use (defined as no more than the equivalent of one day per week, over a calendar year) Yes Yes Yes Yes, subject to fair use policy. Free membership to all member- only events. Discounted entry to any TechHub events charging a fee. Free meeting room usage (subject to a fair use policy). Preferential rates for event space hire. Free two- hour guest passes for named guests to meet you at TechHub if they are not members. Members may bring a guest in with them for the day for a charge of 15 +VAT. Limited to 12 days year of drop- in usage during 2012 Free membership to all member- only events. Discounted entry to any TechHub events charging a fee. Preferential Member rates for meeting room booking & event space hire Free two- hour guest passes for named guests to meet you at TechHub if they are not members. Members may bring a guest in with them for the day for a charge of 15 +VAT. No No Yes No No Yes Drop- in space usage and community membership for one named individual. 3 years for the price of 2! 720, payable in advance to 18.00, Monday to Friday, subject to fair use (defined as no more than the equivalent of one day per week, over a calendar year) Limited to 12 days year of drop- in usage during 2012 Free membership to all member- only events. Discounted entry to any TechHub events charging a fee. Preferential Member rates for meeting room booking & event space hire Free two- hour guest passes for named guests to meet you at TechHub if they are not members. Members may bring a guest in with them for the day for a charge of 15 +VAT.

3 Founding start- ups TechHub Riga was founded by a group of promising start- ups and community members from Riga. Below is the list of founding start- ups: Amooz Amooz is a new digital loyalty and referral platform for restaurants, bars and cafes that will change the way guests interact with venues. Amooz has launched the service in private beta with a select group of customers in London. CoBook Cobook is reinventing how you keep track of your contacts. Livesheets Livesheets is re- thinking the spreadsheet concept. Spreadsheets are still based on an accountant s book of grid paper, which over- complicate your work. Livesheets is creating an alternative which is far more visual and intuitive. Livesheets is a London- based startup with developers in Riga. MightyFingers MightyFingers is developing an environment where you can create real time multiplayer games using awesome new technologies such as HTML5. To play games you don't need to install anything, just open a web page and play with your friends anywhere on the globe. QMinder QMinder is a smartphone app to reduce waiting time and improve customer service. Just take number remotely, get an estimation on waiting time and receive a notice before your turn, so you would not miss it. QMinder is a pan- Baltic startup, with a mixed Estonian- Latvian team. Reach.ly Reach.ly is a big data social media search tool that surpasses today s dominant process the Boolean search. Having proven the viability of Reach.ly s machine learning algorithms with a tool for highly filtered traveller search results that hotels can use for direct marketing, Reach.ly is expanding the availability of the technology for agencies and brands. RentMama Rentmama is an internet market place where car rental companies offer cars that suit your needs with few simple clicks. We significantly simplify the way how you can get offers and deals from multitude of small and medium sized car rental companies anywhere in the world. We really help find you the best car rental deals!

4 SunyRide SunyRide is Rideshare to Events with Friends. Brings together people with common interests to share the same ride to event. So you will not have a ride to your favorite Lakers game in a bus full of Bulls fans or share a ride to Guns'N'Roses concert with Justin Bieber groupies. It makes a ride an adventure, helps to save money and environment, makes ridesharing safer. It's web, mobile and FB integrated application. Videoavatars ( VideoAvatars is an ad management platform and premium ad format for advertising networks and publishers. Real- time video analytics with 15 different data metrics included.

5 Leadership Andris Berzins (Chairman of the Board and Co- Founder) Andris is an experienced global technology entrepreneur. He has founded Amooz, a digital loyalty and referral program that changes the way restaurants, bars and cafes identify and interact with guests. He is also non- executive Chairman of Reach.ly, a social media big data search tool. Andris is an angel investor and mentor, actively supporting the growing Baltic startup community. Previously he served in various C- level positions, most recently at Livebookings, Europe's leading provider of online restaurant reservations. Prior to that, he led marketing, business development and EMEA sales for AeroScout, a global provider of Wi- Fi location solutions. Andris holds an MBA from the Stanford Graduate School of Business and a BSc in Management & Systems from City University. LinkedIn: Gunars Grundstoks (Board member and Co- Founder) Gunars is a start- up entrepreneur, currently CEO and Co- Founder of Rentmama, an innovative car rental service that brings together renters and small or mid- sized car rental companies. Rentmama is a graduate of Denmark s StartupBootcamp and the UK s Ignite 100 programs. Gunars is also a co- owner and CEO of IT House, a Ruby on Rails web application development company. He is a leader of the start- up community in Latvia, co- organising Open Coffee Club Riga and Garage48 events. Gunars is also a member of Junior Chamber International and holds a Masters degree in Socio- Technical Systems engineering and a Bachelors degree in Information Technology, both from the Vidzeme University of Applied Sciences. LinkedIn: Ernests Stals (Board member and Co- Founder) Ernests is CEO and Co- Founder of Reach.ly, a social media big data search tool. Ernests has spent the last 6 years working in social media and web projects as a co- owner of SIA SOON. In 2008, together with Reach.ly co- founder Kaspars, he built a recommendation engine for geographic places and more recently an affiliate- driven direct marketing hotel bookings site. He is active in the Baltic rim and Nordic startup scene, organising events such as Garage48 in Riga. Ernests holds a Bachelors degree in Economics from the University of Ventspils. LinkedIn:

6 Viesturs Sosārs (Board member and Co- Founder) Viesturs has served as CEO for the successful Latvian audio technology start- up RealSoundLab for the past 7 years, leading the company through successful development of a licensing business model with major global consumer brands. Viesturs is also non- executive Director at start- ups E- tag and Petersoon, as well as Managing Director of TechVentures FVK and leader of the LABACA Angels investment group. Viesturs earned his MBA from the Open University Business School and his MD from Stradins University. LinkedIn: sosars/1a/414/b67

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