Passion for entrepreneurship has inspired us to create Foundum. We believe in entrepreneurs as they have the greatest potential to drive, change and positively influence economies & societies.


Tag: Startups

La Vie est Belle – French Ecosystem is Online

Monday, October 7th, 2013

Our next national ecosystem has made it online: France! La grande nation provides a huge potential for startups to grow. Paris is one of the hottest startup hotspots in the world, but there are also other cities such as Lyon, Rennes, Nantes or Montpellier with thriving startups. Some exciting startups such as Appsfire, Aspectize & Bedycasa are already part of the French ecosystem and we’re looking for many more to join. Le Camping is a very famous incubator in France that helps promising startups to grow to the next stage. Furthermore, the world’s biggest Incubator called 1000 Start-Ups is on its way and will be ready in 2016. We’ll expect a lot more to come from Paris & France within the next months & years.

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Our French Ambassador is Laurent Granier. Laurent is also product manager at Foundum and an expert in UX with more than 17 years of experience. Laurent is working a lot with tech companies and has a great passion for startups. He’s proud to be the Ambassador of the French Ecosystem and he’ll be open to answer your questions.

We’re looking forward to many inspiring and thriving entrepreneurs & startups from France to join! Vive La France!

Your Startup at Risk: The Drawbacks of Relying on Foreign Service Providers

Friday, August 2nd, 2013

As a business, you and your team probably communicate some of your most important and private information through e-mails—particularly your company e-mail, which is often synced with Microsoft Outlook, G-Mail, or another similar source. However, these seemingly private messages are not as top-secret as one might think, as revealed by the activities of former CIA analyst, Edward Snowden.

Take note that many if not all of these e-mail hosting sites are based in America and, as a result, are subject to the Patriot Act which grants the government access to information about any individual, prompted by the terrorism attacks of 9/11. Numerous large, US-based corporations including the popular giants Apple, Google, and even Facebook have been asked for “private” data of its users by these large agencies.

Interbel, a Spanish company whose primary focus is email solutions and productivity, highlighted some of the risks for European companies using Microsoft Office 365 and G-Mail, including the leakage of confidentiality particularly while dealing with partners and clients, as well as losing overall competitiveness due to exposure. Failing to comply with the Patriot Act, they noted, could reap fines as large as €300.000, demonstrating the powerful legal obligation these American companies hold to their government and the potential exposure of your stored information as a result.

Though these circumstances are seemingly unfair and somewhat unjustified, the most users can do is to take precautions with what information they choose to share on the Internet regardless of how assuredly “private” the medium may be, especially considering majority of these sources are free. You can also invest in private services for a fee that assures the safety of users, such as Claranet, or Telefonica. These private telecommunications companies are based in Europe, eliminating the risk of attachment to US government and laws, and can assist you in creating your own actually private means of communication with your team via Internet and telephone.

This case is a bit frightening, as it shows the vulnerability of all the important information produced and displayed on the Internet. It is questionable that the servers which store your company’s website and other valuable information are also subjected to these clandestine laws, but nevertheless occasionally re-examining contracts and privacy policies is a reliable way to protect your company’s data and security.

Though many tech giants and important companies have grown out of America, there are many discrepancies in the terms and conditions that vary between country-to-country. Negligence in adhering to and understanding these legal obligations could seriously jeopardize your company, revealing the underlying risks of relying on these international service providers.

Top 10 Most Vibrant Entrepreneurial Ecosystem Hubs in Europe

Tuesday, June 11th, 2013

Many European cities are becoming increasingly popular among the startup scene, developing them into ideal destinations for entrepreneurs. We’ve combined a list of the top ten established as well as up-and-coming ecosystem hubs for European startups.

London
In the eastern part of the city, known as “Tech City”, the streets are nearly overflowing with companies. From startups to internationally renowned multi-media businesses, this British ecosystem is a major destination for any European entrepreneur or technology fanatic and is highly reminiscent of the Silicon Valley in the San Francisco Bay Area. For a mere idea on how concentrated businesses are in this area, check out this map. Though other cities threaten its position, at this point London proves to be the number one ecosystem hub in Europe.

Berlin
Somewhat similar to Tech City, Berlin also possesses a technology platform that connects all the entrepreneurs of the city: Silicon Allee. Its intention is for Berlin startups to network and host meetups, where they can meet other entrepreneurs, exchange ideas, and learn from others in their respective industry. Hundreds of companies are listed on the site, making communication especially easy for these individuals. This exciting, friendly environment has fostered major developments in entrepreneurship and technology in Berlin and will probably continue to fuel this movement for many years.

Amsterdam
Numerous startup success stories have begun to come out of Amsterdam over the past few years—combine these accomplishments with cheap rent space and a liberal young atmosphere, and you’ll have a new startup and tech hotspot for young people across the continent. Amsterdam also hosts a variety of popular startup events, such as Amsterdam Startup Week, that flock entrepreneurs to the city and inspire and advise them through their company’s endeavors. With such a positive environment, this scene is sure to develop and expand in the future.

Barcelona
Despite its beautiful weather and beaches, Barcelona also contains some of the most successful and growing startups in the Spanish country. With the creation of the E3 Union, a network for Spanish entrepreneurs, young people in this city are continuing to develop and expand their startups, with the encouragement and assistance of the various other aspiring business leaders. Moreover, the creative and practical applications that have been developed within the past few years foreshadow an even greater increase in startups in this European hub.

Tallinn
Despite its small size, Tallinn brings significant talent to the technology and business world. The birthplace of Skype, the city continues to flourish, especially due to its high population of incredibly intelligent programmers and ambitious entrepreneurs. Estonia’s government has actually already implemented technology into the country’s daily functioning: electronic voting, signing, and much more have all become routine aspects of an average citizen’s life; this encouragement from the government continues to pave the road to success for this tiny yet tech-y city.

Tel Aviv
Israel’s very own “Silicon Wadi”, Tel Aviv, is densely populated with startups, investors, service providers, and research and development. All these resources, along with significant government assistance (Israel actually has the highest ratio in the world of GDP allocated for R&D) make the city an exciting, innovative place for young entrepreneurs to be. The continuing development of extensive business and technology programs in the academic world, for both local and international students, also creates an engaging and inspiring environment, further encouraging startups to migrate toward the city.

Stockholm
Spotify created a snowball effect in the Stockholm startup scene: numerous entrepreneurs who have been developing their companies in the city have also become success stories, earning thousands to millions of euros by selling their businesses to big-name companies. These events have greatly inspired and encouraged creativity in the city, inviting more young people to pursue their business goals in such a growing environment. Expect to hear about more products and services coming out of Stockholm in the future, as this city is definitely becoming a major startup hub.

Helsinki
Though less of a startup powerhouse than some of these other places, this Finland capital city has a promising future ahead. In recent years, numerous startups have developed and taken off in the heart of this city—just in April, a study showed that these Baltic startups were worth one million euros, a very impressive feat. The development of many societies that connect entrepreneurs together has further encouraged individuals to give their idea a try, especially in such a stimulating environment. And with increased media attention drawn toward the development of a startup culture, more people are becoming aware of the startup frenzy that is slowly creeping up on the city.

Lisbon
Another city that should be looked out for, Lisbon is definitely expected to create a huge, tech startup scene within the coming years. The government created a startup incubator two years ago, bringing numerous new startups to life. Technology companies are becoming increasingly popular, and these increased resources coupled with government assistance are inviting entrepreneurs to pitch and develop their ideas. The city hopes its efforts will eventually dub it one of the major startup hubs, making it essentially the San Francisco of the European Union.

Bucharest
Given the cheap cost of living, its no surprise that eventually young entrepreneurs will flock to Bucharest. The city hosts many business and technology related events year-round, constantly bringing inspirational talent and successful leaders to the city and attracting entrepreneurs as a result. Over the next few years, there is no doubt that the city will continue to expand its startup and tech scene and eventually develop a reputation as one of the major European startup hubs.

Though some of these places are more established as hubs than others, they each play crucial roles in the European startup scene. Over the course of the next few years, we are excited to see which of these cities continue to maintain these trends and what other successful businesses grow out of them as a result.

MLOVE ConFestival Europe (June 19 – 21, Berlin)

Thursday, June 6th, 2013

MLOVE stands for a passion for a ‘Lifestyle of Mobility’ – a love for the opportunities that emerge with the new medium and a love for the people who are brave enough to rethink mobile in order to find out its potential in manifold ways and above all its unintentional uses.

Mobiles are computers not telephones. They facilitate controlling our environment like a remote control for our daily life. Yes, we have the control in our hand. And suddenly we ask ourselves what we actually want to do with it.

MLOVE is looking at how the Internet of Things, quantified self and wearables have an impact on the devices we carry around with our selves. What are the new companion devices that make our smartphones the remote control to our lives?

MLOVE invite thought leaders and creative minds, all those who wish to steer the course of technological development into a (new) direction to join MLOVE. All those who have awareness for the disruption which this medium is causing and who believe that this is the first step of a global revolution.

“MLOVE provides an environment for innovators in multiple areas to come together and collaborate in defining the future,” stated Rasheq Zarif of Mercedes-Benz R&D North America – and WIRED called MLOVE the “Best event in Mobile”

The 3-day MLOVE ConFestival takes place in a castle South of Berlin and gathers a young and passionate group of visionaries, opinion leaders and kick-ass trendsetters. The ConFestival program is a mix of keynotes, visual thinking workshops and an entertaining festival program. Find out more here!

The event exposes the mobile industry to the best minds outside of Mobile to maximize the opportunity of creating life-changing services and applications that can impact us all for the better. Speakers 2013 include: Nike Foundation, Matternet (drones), AT&T, Telekom, Rambus, Singularity University (NL), Hopelab (Omidyar Network), Ars Electronica, IxDS Fritzing, and many more.

For the first time there will be a special “startup barn”, where mobile entrepreneurs meet accelerators, investors and mentors. There is a maker camp to get in touch with Arduino boards, a HackCamp and design thinking workshops – not your usual mobile conference!

Startup Barn Tickets include 4days of startup workshops, a chance to pitch, food and beverages and your own expo space at MLOVE ConFestival 2013. Registrations are 450€ with the promotion code STARTUP Expo (All inclusive Ticket for Foundum Members) at www.mloveconfestival.com/europe/2013

The first three startups on Foundum signing up get free accomodation at Castle Beesenstedt!!!