According to Whiteboard Magazine's charts on VC money in Europe, investments tanked in recent years. But also, Hungary seems to be performing quite strongly compared to the rest of Europe. Whiteboard asked for some insights from Hungarian startup watcher Balazs Szabo.
Whiteboard Magazine recently published and article that asked for some insights from Hungarian startup watcher Balazs Szabo. The interview provides extensive background information on the current trends of VC investments in Hungary.Read more »
The first Hungarian Innovation Day in London will aim to promote innovative Hungarian startups and to bring together investors with companies seeking capital to fund growth and international expansion.
The Hungarian Innovation Day will be held next week in London and InVendor just announced the list of selected companies that will be able to pitch at the Hungarian Embassy in London. The participating companies all have a leading technology, strong track record of project management and are well positioned to develop their ideas into successful international businesses. The companies were selected based on their performace on the Assessment Day that was held on 28th September at the British Embassy of Budapest. You can find the list of selected companies below:Read more »
Over the past two decades venture capital and private equity funds and fund managers have become an important part of the global financial system. These financial intermediaries have also played an increasingly important role in the Hungarian economy.
During the past two decades over 3 billion US Dollars were invested in more than 400 Hungarian enterprises. However, venture capital and private equity has not reached its full potential in Hungary yet, since only 0.2% of the enterprises have benefited from funding through these sources.
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In his May 2006 essay titled “How to Be Silicon Valley,” Paul Graham – founder of YCombinator – discusses what it would take to reproduce Silicon Valley elsewhere. While the essay may be a little outdated, it is still relevant today.
I was immediately sucked into the essay after reading one of the opening paragraphs where Paul Graham gives a shout out to my home town – Buffalo, New York. He writes, “If you could get the right ten thousand people to move from Silicon Valley to Buffalo, Buffalo would become Silicon Valley.” As a proud former-Buffalonian I laughed-out-loud after reading this but couldn’t deny the accuracy of the statement. Silicon Valley is the way it is because of the people.Read more »
The first Hungarian Innovation Day in London will serve as a flagship event to promote the Hungarian innovation and will aim to bring together UK based venture capital funds and angel investors with successful Hungarian startups seeking capital to fund growth and international expansion.
The Hungarian Embassy in London, the British Embassy in Budapest, and the Hungarian Venture Capital Association (HVCA) together with InVendor Investment and Innovation have teamed up to organize the first Hungarian Innovation Day in London. The event will take place on 16th October 2012 hosted by the Hungarian Embassy in London, United Kingdom (35 Eaton Place, London, SW1X 8BY).Read more »
