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Newsletter April 2011

NETWORKING NEW MARKETS

Venture Capital Forum Focuses on Entrepreneurship

Around the world, a key driver of growth is new business creation, entrepreneurship, and small- and medium-size companies that introduce new and innovative products and services and hire new employees.

Greece is turning its attention to strongly supporting the SME community, providing attracting finance (HOT LINK ETEAN), and facilitating the venture capital industry.

With the understanding that cross-border business partnerships and cross-border funding create dynamic growth, at a regional, EU, and global level, Invest in Greece, with the Hellenic Venture Capital Association and the Praxi Help-Forward Network, hosted the 11th International Venture Capital and Private Equity Forum on April 5-6 at the Hotel Grande Bretagne in Athens.

The two-day event brought together venture capitalists and private equity firms with entrepreneurs, from Greece, Bulgaria, Cyprus, the UK, Italy, Denmark, the United States, Serbia and Montenegro, Israel, and Germany.

The event highlighted the importance of venture capital and private equity for new businesses to establish themselves as well as to expand.

Greece’s Minister of Finance, George Papaconstantinou addressed the Forum delegates and stressed the possibilities for a new era of entrepreneurship in Greece, especially as Greece introduces new measures, new legislation, and a host of new programmes supporting business start ups and business creation.

The Executive Chairman of Invest in Greece, Aristomenis (Aris) Syngros, delivered the introductory address at the Forum, stressing the many new opportunities that Greece offers today, both to seasoned investors and first time entrepreneurs.

Christos Alexakis, CEO of Invest in Greece, moderated the kick-off panel discussion that focused on the Greek Investment Environment. 

The Forum focused on a number to current topics: Locating Value in the Greek Market: What Investors are Looking For; Business Stories—Experience from Inside; Recent Developments in European Venture Capital and Equity Investment Regulation; Venture Capital and Private Equity in a Society with Limited Credit; and Investment Opportunities in the Greek High Technology Market.

More than 500 delegates attended the 11th International Venture Capital and Private Equity Forum that hosted hundreds of one-on-one bilateral business meetings on day two.