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Cypriot Enterprise Link © 2013
#GEWCy
Cypriot Enterprise Link © 2013
Game: Recognize the entrepreneur

Cypriot Enterprise Link © 2013
What exactly is CEL?

Cypriot Enterprise Link © 2013
Step 1: Entrepreneurial Awareness
Connect. Collaborate. Create.
The belief: Cyprus has talent
The task: Connect talent at the
grassroot level, build synergies
The goal: Facilitate a startup
creation process.
Cypriot Enterprise Link © 2013
Meetups

Cypriot Enterprise Link © 2013
1st Hackathon in
Cyprus
80 Participants
15 Projects
4 Winners

Cypriot Enterprise Link © 2013
hack{cyprus} 2013
The biggest technology & startup happening in Cyprus
5 Days, 3 Events, 2 Networking parties
8 Judges, 7 Awards
14 International Speakers
400+ Participants (Aged 10 - 60)

Cypriot Enterprise Link © 2013
Pink Edition

Cypriot Enterprise Link © 2013
a growing network in 5 countries

Cypriot Enterprise Link © 2013
an open platform

Cypriot Enterprise Link © 2013
Step 2: Time for action
An entrepreneurial ecosystem
begins to manifest in 2 years
Successful Cypriot startups are on
the rise (Avocarrot, Streethub,
Teach’n’Go, Pollfish, Funifi and so
forth.)
Right time to back these efforts
with capital and infrastructure
Partnerships CEL - CYBAN
Cypriot Enterprise Link © 2013
Technical concepts 101
(crash course)
Angel investor - An investor who
provides financial backing for small startups
or entrepreneurs.

Venture Capitalist - An investor who
provides capital to startup ventures that
wish to expand without public funding

Cypriot Enterprise Link © 2013
Bootstrapping - Using personal finance or
operating revenues of the new company

Crowd-funding - Small amounts of capital
from a large number of individuals to finance a
new business venture

Seed-funding - Initial capital used to start a
business (e.g.: Bootstrap, AI etc)

Angel-investment - Investment is on
average around €50,000 and 2.5x multiple

Venture-Capital - Larger scale of private
investment - Round A is on av. €1.5 m

IPOs - Initial Public Offering to raise public
funding (listed on the stock exchange)
Cypriot Enterprise Link © 2013
Cypriot Enterprise Link © 2013
Q&A

Cypriot Enterprise Link © 2013
NETWORKING

Cypriot Enterprise Link © 2013
Cypriot Enterprise Link © 2013
Thank You
hi@projectcel.com

Cypriot Enterprise Link © 2013

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