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Turkey Ups the Ante of Provocations by Starting Drilling in Southeast Aegean

Turkish authorities announced on Tuesday that a drilling ship is to conduct explorations in the sea area south of the Greek island of Kastellorizo in the southeastern Aegean. Ankara, which disputes that the island has a continental shelf and its...

Envolve Awards: Empowering Greek Start-Ups on a Global Scale

For the seventh consecutive year promising Greek start-ups will be able to access resources, advice and support services to pursue their business dreams through Envolve Greece. Founded by The Libra Group, Envolve is a non-profit organization that believes that entrepreneurship...

Eight Greek Startups Win Envolve Business Awards

Eight Greek start-ups and newly-formed businesses received the annual Envolve Award Greece (formerly called the Hellenic Entrepreneurship Award) in a ceremony earlier this week in Athens. The winners of the competition, which was created in 2012 by the Libra Group on behalf of The...

Ten Startups that Show the Innovative Spirit of Greeks

The Anglo-Saxon motto "When the going gets tough, the tough get going" could be paraphrased in Greece's economic drama as "When the going gets tough, innovative minds get going." Since the onset of the debilitating economic crisis in 2009, many...

Greek Startups: Marathon VC Doubles Down with EIF and NBG

Greece's startup ecosystem is steadily growing as Athens based VC fund Marathon Ventures announced an increase to their fund with the addition of European Investment Fund, National Bank of Greece as well as other key player’s funds under the new Equifund scheme....

Blow to Greek Start-Ups as Government Mulls Restrictions on Pioneering Taxi Services

The Greek government is proposing a new legislative initiative that would impose restrictions on taxi services, and endanger successful startup companies in the sector. Critics say, that in effect, the government is giving in to the powerful taxi drivers lobby...

Greek IT Startups Draw Increasing Foreign Investment

With young business people and entrepreneurs complaining they are being stifled by the Greek government's taxation policies, some 200 million euros ($235.04 million) was invested in Greece-based start-ups between 2010 and 2016. Most of the investment was funneled into start-ups...

Economy Ministry Preparing Bill to Support Startups Based on the Italian Model

The ministry of economy and development is working on a new draft bill to help startups grow, based on the Italian model, Economy Minister Dimitri Papadimitriou said, during a visit at the Alexander Innovation Zone (AIZ) in Thessaloniki, Greece. Papadimitriou...

Twenty Thousand Scientists Left Greece in Five Years; Startups Funded by Parents

About 20,000 scientists left Greece to work abroad in the 2009-2014 period, while 83.5 percent of startups are funded by home savings, said Deputy Minister of Research and Technology Costas Fotakis. The deputy spoke at the opening of the fourth...

Greek Startups at the 2017 SXSW Conference in Texas

Twelve dynamic Greek startups will have the opportunity to present their products and services in the Greek Booth of South By Southwest (SXSW), one of the largest and most important innovation and technology conferences and festivals held annually in...

Parliament Passes New Legislation to Simplify Initiating Business Start-ups

Draft legislation that simplifies the procedures for starting a new business was passed by the Greek Parliament on Tuesday, with Economy and Development Minister Dimitris Papadimitriou pledging to deliver "enterprise in conditions of social justice." "The government will move decisively on...

ThinkBiz 'Cruise Inn,' a Chance for Young Entrepreneurs to Develop Their Startups

A ship full of positive youthful energy, drive and ambition kicked off its Aegean voyage. The passengers, all young Europeans, arrived at the port of Piraeus on Tuesday to take part in the Cruise Inn business competition organized by...

National Bank of Greece Announces Support Program for Startups

The National Bank of Greece (NBG) announced on Tuesday an initiative aimed to support startups with activities in e-commerce through its NBG BusinessSeeds program. The bank will award startups offering innovative products and services, present integrated business models, financial sustainability and...

Record Number of Greek Startups to Take Part in Equity Investment Forum

More than 300 business plans from Greek startups, developing small and medium-sized companies from a very wide spectrum of business activity have been submitted at the Equity Investment Forum, which will be held on Dec. 7-8 in Athens, the...

Six Greek Start-Ups that Might Help Crisis-Stricken Economy

Six Greek start-up companies that might help the ailing Greek economy participate in a week-long accelerator program that started in London on Sunday, says a Telegraph report. Reload Greece, which has helped entrepreneurs raise 1.37 million euros in funding over...