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The 4th cycle of Endeavor Greece’s ScaleUp program has been announced

Endeavor, the international organization that strengthens innovation ecosystems in 40 countries, closes this year 10 years of presence in Greece, where it selects and supports some of the most successful companies. The community created by the organization is of unique importance to the country. Hundreds of entrepreneurs, executives and investors have joined in a joint effort to create an international innovation ecosystem in Greece. As part of this effort, Endeavor Greece, for about 2 years, has launched the ScaleUp program. With the help of the international community of Endeavor, the program seeks and supports the most promising (Greek or not) technology entrepreneurs around the world who want to connect with Greece and the wider region of SE Europe.

Today, the organization welcomes to the 4th cycle of the program 18 fast-growing companies of innovative entrepreneurs, which for the first time includes a company from Poland, which gives a regional character to the program, and is an important element for the development of the country’s innovation ecosystem. in the future.

The companies entering the 4th cycle of the program are Bryq, Connectly, Cube RM, Goodpath, HarborLab, iCOMAT, LANGaware, Lendis, My online therapy, Omilia, Pop Market, Seafair, Seismos, Smartify, Transifex, Two., VersaBox, Vertoro. Each of these presents significant growth prospects in one of the following industries: DeepTech, EdTech, FinTech, Smart Cities, Healthtech and Consumer Tech. The 18 companies have so far raised $ 137.7 million and the locations are varied, with 30% based in Greece and 70% abroad. You can meet new entrepreneurs here.

By joining the program, companies gain access to high-level mentoring with specialized, internationally recognized executives, top investors, strategic guidance for expanding into new markets by leveraging Endeavor’s global network and support in finding and attracting talent.

During the multi-level selection process, prospective entrepreneurs were asked to demonstrate that their company has the potential to achieve spectacular growth and deliver real value to the local community. In the final stage, they faced members of Endeavor’s board of directors and successful international executives, who offered constructive comments and voted unanimously for the new ScaleUp entrepreneurs.

More specifically, in this year’s selection process, 43 world-renowned personalities were involved as panelists, such as Markos Veremis (Co-Founder and President of Upstream and Partner of BigPi Venture Capital, Member of the Board of Endeavor Greece), Andreas Stavropoulos (Partner, Threshold of Ventures) Board of Directors of Endeavor Greece), Melvyn Lubega (Director at GO1, Endeavor Entrepreneur), Konstantinos Papamiltiadis (VP, Platform Partnerships at Snap Inc.) and Evangelos Kotsovinos (Global Head of Infrastructure at American Express).

On the occasion of the announcement of the companies of the 4th cycle of ScaleUp, Maritina Grelloni, Head of Portfolio Growth of Endeavor Greece said: “The program started aiming at the selection and support of the most promising Greek entrepreneurs, both inside and outside the country. has now crossed the domestic border, as for the first time one of the selected companies has been established and operates exclusively in Poland, marking a new era in the course of ScaleUp, giving it a regional character and proving once again the value it offers to the entrepreneurs it supports “.

In addition, Ioanna Giannakopoulou, ScaleUp Program & DeepTech Portfolio Lead at Endeavor Greece, said that the ecosystem is evolving and seems to be adapting to the needs of the time, emphasizing that last year, in the midst of a health crisis, the industry with the largest representation was Healthcare , while this year the Smart Cities industry has the reins, highlighting a possible trend for this year.

Endeavor Greece has supported for the last 2 years through ScaleUp 41 rapidly growing companies, which with the beginning of the 4th cycle increase to 59. The organization through the services it provides aims to strengthen the Greek innovation ecosystem and create real value for Greek society.

Source: Capital

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