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Advocating the Youth Crisis Version 1.0 Kyriakos Pierrakakis
Context - 1 Youth Mentality (average perception):
Context - 2 BUT: Life not only a game of averages Game of “Black Swans”
“What is to be done?” Shift in mentality Contextual Driven Shift in funding YOZMA vs. all the rest Shift in government programs Startup Britain et al. Shift in private sector activity Difficult!
Mentoring models High-School	 ΣΕΝ/JA Why not change curricula (more teamwork, practical classes in economics and entrepreneurship, virtual enterprises) Universities? Startups in General? Youth in General?
What is the problem with the Greek innovation triangle Mentality “Shifting to tradables” (A.Doxiadis) Bureaucracy Taxation Lack of incentives Private investors (Angels and VCs) Lack of volume/size
To change? Or to circumvent? How to locate a company in Silicon Valley Keep R&D in Greece (possible advantages) Place Sales in the Valley Can we do it?  Yes! Place company in an incubator Have the state pay Organize Greek angel investors
A possible agenda (for whom it may concern) - 1 Change youth mentality Create a portal (?) where all info on how to open your own firm is organized and which will showcase best success stories (Argyros et al.) Systematize ΣΕΝ/JA Enter the universities Possibility: innovation competitions across Greece Prizes: $$ and mentoring from committed firms/individuals
A possible agenda (for whom it may concern) - 2 Make it easier for them! State needs to shift the incentive structure Offer legal/accounting help for free (Θυρίδες Επ.) Can we organize a way for the best Greek startups to locate services in Silicon Valley (similarly done in other countries)? Should we invest in “smart” incubators?
A possible agenda (for whom it may concern) - 3 Organize the “winners” – and showcase them ΣΕΚΕ OpenCoffee/OpenFund TEDxAthens ΣΕΝ/JA “Organize the money” Missing link: angel funding Organize the angels Match their funds? Create a fund of funds?

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Advocating the Youth

  • 1. Advocating the Youth Crisis Version 1.0 Kyriakos Pierrakakis
  • 2. Context - 1 Youth Mentality (average perception):
  • 3. Context - 2 BUT: Life not only a game of averages Game of “Black Swans”
  • 4. “What is to be done?” Shift in mentality Contextual Driven Shift in funding YOZMA vs. all the rest Shift in government programs Startup Britain et al. Shift in private sector activity Difficult!
  • 5. Mentoring models High-School ΣΕΝ/JA Why not change curricula (more teamwork, practical classes in economics and entrepreneurship, virtual enterprises) Universities? Startups in General? Youth in General?
  • 6. What is the problem with the Greek innovation triangle Mentality “Shifting to tradables” (A.Doxiadis) Bureaucracy Taxation Lack of incentives Private investors (Angels and VCs) Lack of volume/size
  • 7. To change? Or to circumvent? How to locate a company in Silicon Valley Keep R&D in Greece (possible advantages) Place Sales in the Valley Can we do it? Yes! Place company in an incubator Have the state pay Organize Greek angel investors
  • 8. A possible agenda (for whom it may concern) - 1 Change youth mentality Create a portal (?) where all info on how to open your own firm is organized and which will showcase best success stories (Argyros et al.) Systematize ΣΕΝ/JA Enter the universities Possibility: innovation competitions across Greece Prizes: $$ and mentoring from committed firms/individuals
  • 9. A possible agenda (for whom it may concern) - 2 Make it easier for them! State needs to shift the incentive structure Offer legal/accounting help for free (Θυρίδες Επ.) Can we organize a way for the best Greek startups to locate services in Silicon Valley (similarly done in other countries)? Should we invest in “smart” incubators?
  • 10. A possible agenda (for whom it may concern) - 3 Organize the “winners” – and showcase them ΣΕΚΕ OpenCoffee/OpenFund TEDxAthens ΣΕΝ/JA “Organize the money” Missing link: angel funding Organize the angels Match their funds? Create a fund of funds?