Greece is emerging as a hub for innovative startups. Helping to fuel this transformation is EquiFund, a platform established by the European Investment Fund. EquiFund expects to provide Greek
startups with up to €1 billion for early-stage and growth-stage funding by 2022; about €260 million has already been committed for this purpose. This infusion of capital will embolden growing startups and help investors fund young companies with high potential.
Although capital is a catalyst for growth, a sustainable startup ecosys- tem requires more than investor interest. Large enterprises can play a critical role in nurturing the startup ecosystem by partnering in prod- uct development and funding mentoring programs. Collaboration among universities and government agencies can provide growing startups with a competitive edge.
This report, examines the current obstacles to boosting entrepre- neurship and building equity in Greek startups, including limited ac- cess to the right talent, undeveloped collaborative networks, and still a largely unfriendly business environment and market structure.
Find the whole report here Greece’s Startup Ecosystem