European Entrepreneurship
other contributing actors can work together, to spawn successful new companies.
Incidentally, Antavo, the Hungarian
startup discovered previously by Seedcamp, started out life in Szeged in rural Hungary. They got on the startup city track when co-founder Zsuzsa Szábo typed ‘entrepreneurship’ and ‘startup’ and into the Google search engine, and came across the EEF. After mentorship and investment by Seedcamp, it was not long before Antavo had relocated to London. With a software program that enables marketers to more easily design their own online promotions, their future looks bright. Zsusza lists some of the most important lessons learned from the accelerator course as the realisation that criticism is good and that writing an executive summary can be a work in progress – they have rewritten theirs more than 20 times for instance.
So what’s the future for the startup city? We leave the last word to Peter B. Záboji, holding court, as is often the case, at his favourite restaurant in Buda. “Budapest is one of the most attractive metropolitan cities in Europe. It has a great tradition of being the natural hub of the CEE region. With the founders of Prezi, LogMeIn and UStream around, we are spoiled for great role models. Large German, French, British and American communities of all age groups live here, as do seasoned international managers of Hungarian descent. The mix of cultural backgrounds and skills provides a great resource for anyone who wants to build a global business out of here.
“What needs to change? The false fixation on Silicon Valley: Berlin, Paris, London and Zurich are closer to home and more vibrant these days.”
It sounds inspiring and you have to hope the momentum will continue.
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