Emerging Economies | January 12, 2018 | Excitements continue. There are far more collaborations forming making 2018 truly becoming the open innovation year. Regions to Cross border ecosystems, collaborations are coming in more strongly. And 2 Focus markets: Bulgaria and Pakistan.
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| | YASEN GEORGIEV The exponential growth of start-ups, mainly export-driven and concentrated in the ICT sector, is to a large extent a natural process, that has been taking shape not necessarily because of any comprehensive set of tailor-made public policy and government incentives in the field of entrepreneurship. Indeed, a major push to the sector was given by the government in the early 2010s, which allocated EU funding to private funds and let them operate as venture capital firms. | | TOM JACKSON - Disrupt Africa "After doing angel investing for some time, we decided it was time to build a platform that would support and enable entrepreneurs to achieve greatnesses."So says Kola Aina of his company Ventures Platform, which launched in 2016 as a full-service innovation hub in Abuja, Nigeria, running 16-week hybrid incubation programmes, a residence for need-based cohorts, and a paid co-working space for freelance entrepreneurs and professionals. | | banks.am Gyumri Technology Center and MALIA Group have already signed a document after successful negotiations. The Lebanese company decided to provide orders of software, technological solutions to operating startups in Gyumri Technology Center. The startups will be trusted with maintenance of existing solutions. | | Shiwen Yap - DealStreetAsia Yasser El-Ansary, the chief executive officer of the Australian Private Equity and Venture Capital Association Limited (AVCAL), sees Australian VCs more likely to tap Southeast Asia's growth opportunities in the coming years as their knowledge of the region grows, AVCAL, which El-Ansary has led since November 2013, counts about 75 fund managers ranging from small venture capital (VC) funds all the way to larger VC and private equity (PE) funds based in Australia. The organisation also includes institutional investors such as Australia's superannuation funds, family offices and sovereign wealth funds, among others.
| | Jacquelyn Cheok - The Straits Times Singapore companies will be able to participate in programmes co-organised by IE Singapore and the CII to better understand India's tech landscape and connect to partners in the ecosystem. Both organisations will also build platforms to bring together next-generation Indian and Singaporean tech business leaders. | | Samantha Fuentes - Geeks in Cambodia Are you a Cambodia-based Startup looking for a perfect space to grow and expand your business? Or are you someone looking for a platform specifically catered for startup businesses to leverage on and flourish? You are in luck because Outpost Cambodia has just launched its first ever Startup Sponsorship Competition and applications are open till 22 January! | | JAWWAD FARID What was the size of the technology venture capital investing market in Pakistan in 2017. How much venture capital funding Pakistani startups raised in 2017? Especially from local (read: Pakistan origin) sources for local companies? Total funding (dollar amount) raised in 2017 and the total number of transactions? How did the numbers compare with previous years? | | | | |
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