The Association for Innovative Initiatives (IKE2020) in cooperation with Slovak Business Agency (SBA) and H13 Startup Incubator have organized a pitching event on 16 May 2018 or women business angels and startups.
The event was an element of the two-year CrossEUWBA project co-funded by the European Union. The project pursues the overall objective of facilitating the funding of women entrepreneurs through women business angels and contributing to the creation of a sustainable base of private investment in Europe.
Mr. Ján Viselka, Manager of International Activities at SBA has introduced the projects and their activity in order to enhance the cross-sector emergence of new women business angels across Europe.
A panel discussion followed the keynote speech with the title – „Role of women in the innovation ecosystems of the European Union especially the CEE region. The panelists were:
Ms Veronika Erős, Business Development Director of the Hungarian National Trading House; Manager of AgroIT Cluster
Ms Mária Ackermann Investment Manager at Hiventures
Ms Lucie Meisnerová, Executive Manager of Hemisféry, s. r. o.
Ms Gina de Echeona, Emprende Conmigo incubator and legal tech.
Many interesting questions have been raised by the moderator, Ms. Mónika Mészáros.
„Over the last decade, the role of women entrepreneurs has significantly gain in importance. The EU recognizes Women Entrepreneurs as a source of untapped entrepreneurial potential that has to be more efficiently supported. In order to support the growth and development of startup and early-stage businesses run by women, arises the idea of Women business angels – female angels investors, who are interested in investing their expertise, time and money into (fe)male start-ups. Study on 'Statistical data on Women entrepreneurs in Europe' (2014). Data shows that women entrepreneurs constitute 29% of entrepreneurs (11.6 m) in Europe. Since 2008 there has been an increase of women entrepreneurs in the EU of 3%. Women represent the majority of one-person enterprises in the EU (78%) and they prefer to set up businesses in the area of health, social-work activities, services or education. The study was carried out in the EU plus Albania, the Former Yugoslav Republic of Macedonia, Iceland, Israel, Liechtenstein, Montenegro, Norway, Serbia and Turkey.” (Ms Mónika Alz Mészáros, CEO of Intellexi Ltd., moderator of the panel discussion).
At the startup pitching session the companies had 5 minutes for their presentations and 10 minutes to answer the questions of five investors. The emerging young entrepreneurs did a great job – hope soon we can inform you about the successful capital raising rounds.
Conclusion and food for thought was summarized by Margit Batthyany-Schmidt,Member of the Bureau at Copa-Cogeca’s Women’ Committee and the Chair-woman of the Union of Hungarian Women.
Special thanks to Mr Dénes Víg for coordinating the event and for Ms Ráhel Szikora and the H13 Startup Incubator management team for providing us the venue and supporting our event.
We hope to have many more successful joint events and great projects in the near future with our friends from Slovakia and Hungary.
Learn more about their project at: http://www.crosseuwba.eu/about/