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Newsletter October 2013


A New Start Up Culture

“Entrepreneurship fever” is infiltrating Greeks young and old and many new companies are finding success, within Greece and beyond its borders.

A New Supercar

Greek Inventor Dimitris Korres has introduced the Korres Project 4, a new concept car that has the looks of a Sting Ray and the performance of a Lamborgini. Made in Greece.

The Korres Project 4 is powered by a 7.0-liter naturally-aspirated engine turning in 505 horsepower and reaches 0-100 in 3.8 seconds. The Greek auto has a top speed of 186 miles per hour (300 km).

Initiative to Boost  Entrepreneurship and Employment
Gaea, a newcomer in the Greek market producing high-quality olive oil, with the support of Cat Cora, a high-profile Greek-American TV personality who markets food products, has established a business plan competition to assist young Greeks with innovative business plans that have a high degree of chances for success.

Called Re-inspiring Greece from the Youth Up, the competition will select 10 winners from the pool of candidates and offer the following prizes:
• Seed capital of 25,000 Euros each
• The option of a low interest soft loan from Piraeus Bank, for another 25,000 Euro
• Access to the extensive knowledge and expertise of the American Farm School of Greece.
• Free legal & financial advice from RSM International Greece
• Chartered Accountants

Gaea, through the sale of its Cat Cora branded olive oil, will donate proceeds toward the prize.

To learn more about the initiative visit

Greek Startup Companies at "Web Summit"
Seven Greek startup companies have been selected from a large number of companies to participate in "Web Summit," Europe's largest technology conference, which takes place this October in Ireland.

Companies from more than 80 countries will exhibit at "Web Summit," exposed to some of the most influential international investors, entrepreneurs and representatives of the world media.

The companies from Greece were selected for their potential, not only for within the Greek market, but also internationally.

Web Summit founder Paddy Cosgrave welcomed the fact that seven new technological companies from Greece will participate in Web Summit in October. These are Codebender, Elio, Juengo, Juke, Radiojar, Sociallgreen and Workable. “The quality of Greek companies that will participate is a true testament of how the local ‘ecosystem’ has evolved in recent years,” he said.

A significant number of entrepreneurs, investors and executives of technology companies from around the world will speak or attend this year's event.

20 Greek Start Ups at Global Webit StartUp Challenge
More than 800 startups from all over the world applied for the Global Webit StartUp Challenge 2013 Award - 21 free expo stands @ Webit Congress. 20 Greek startups are among those to attend. 10 startups (from the semi-finalists) who receive the most votes shall have the opportunity to pitch @ Webit Congress Open Stage and to speak along with Phil Libin (Founder of Evernote), Axel Dauchez (CEO of Deezer), Anthony Gallippi (Founder and CEO, BitPay), Tikhon Bernstam (Co-founder of Scribd and Parse) and 200 more amazing speakers.

Made in Greece—MLS Full Aluminum Tablet
Greece’s MLS Multimedia launched its first full aluminum tablet. The MLS iQTab® King incorporates MLS’s unique speech recognition features: The new Talk&Email®,  Talk&Post® for Facebook and Talk&Post® are key that convert speech to text for email, Facebook postings, and chat.

The MLS iQTab® King features an Android 4.1 operating system, a 7’’ resolution IPS LCD touchscreen 1280CH800 for HDm videos, two cameras, quad-core processor, 8GB ROM , radio and Bluetooth. The suggested retail price of MLS iQTab® King is 199 Euro, including VAT.

Bluepoint—Swimwear for the World
Established in Athens in 1969 to produce high-quality swimwear, Bluepoint has since become a world-wide brand. Active in Europe, Asia, and the Americas, Bluepoint designs and produces more than 6 million garments annually, making it one of the largest swimwear manufacturers globally. Company label swimwear is sold in Greece, Bulgaria, Cyprus, UAE, Russia and Lebanon. Bluepoint is considered the first European manufacturer to perfect swimwear separates. The company now holds a large share in European original equipment manufacturers, with such clients as Adidas, Nike, Speedo, Dolce & Cabanna, H&M, ZARA, and many others. In 1999 the company expanded to the United States, distributing Bluepoint label swimwear and providing original products for Donna Karan and Calvin Klein.

Greek Restaurants Rated Globally
The Daily Meal has listed three Greek restaurants among the very best with food, and sunsets, worth the trip halfway across the globe.

On the list:
Aqua Taverna in Mykonos with a picturesque view of the sea and surrounding windmills, seafood pasta, and feta wrapped in phyllo with honey, sesame and poppy seeds, accompanied by some of the best-priced, crispest white wines on the island.

The rooftop at Hotel Grand Bretagne in Athens, offers views of the reddening sun sinking into the ancient Acropolis. It also offers mod-Mediterranean bites such as roast scallops with celery, fennel, and pear; octopus terrine with sweet peppers, smoked eggplant, and wild oregano; and a stepped-up classic Greek salad with barley rusks (twice-baked bread), feta, and capers.

Solymar Beach Restaurant & Bar in Mykonos. With a casual-chic bright interior inside a thatch-covered dining room, stunning views of Kalo Livadi Beach on the south side of the island, and baked feta with grapes and braised octopus with crab.