60 international angel investors meet Greek startups in Athens for two days

Sixty angel investors from around the world met the founders and staff of 20 Greek startups, policymakers and business leaders at the first-of-its-kind event held in Athens on Thursday and Friday.

The Hellenic International Business Angels Summit (HIBAS-2022) was organized by Enterprise Greece (the national investment and trade promotion agency), the Hellenic Business Angels Network (HeBAN) and the European Business Angels Network (EBAN).
More than 110 Greek startups submitted applications to participate in the pitching sessions, with the conference attracting an audience of 250 in-person attendees.

“Thanks to hard work and focused efforts over the past three years, Greece has restored its reputation as a reliable, dynamic and developed economy,” said the Deputy Foreign Minister (MFA) in charge of Economic Diplomacy and Foreign Affairs. extroversion, Kostas Fragogiannis. “And it is well known that business angels are a key element in the economic vitality of developed economies. In 2021, the Greek startup ecosystem was characterized by record funding, company exits and acquisitions, with the same momentum continuing in 2022. I’m sure the conference contributed to this by introducing business angels into Greek startups and, as it should, by investing in them and promoting them globally.

The innovation and technology sector is one of the most critical industries in the Greek economy, noted MFA Secretary General for International Economic Affairs, Yannis Smyrlis, and the demand for innovative technologies, both in both public and private sectors around the world, will only continue to grow. “The Greek tech sector is well placed to meet this demand: the start-up ecosystem is growing rapidly, the Greek workforce is highly skilled, especially in STEM fields, and the country enjoys a enviable geostrategic location with well-developed infrastructure. Building the network of angel investors will play a crucial role in making our Greek start-ups operate at top speed,” he noted.

Other dignitaries present included Enterprise Greece CEO George Filiopoulos, EBAN Director Jacopo Losso and EBAN Executive Member and HeBAN Board Member Panagiotis Ketikidis.

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Attendees of this year’s conference have agreed to meet in Athens next April for the Pan-European Business Angel Conference (EBAN Annual Congress 2023), Europe’s largest annual event for startups looking for investments. More than 500 investors from all over the world are expected in Greece to meet Greek startups, young Greek entrepreneurs and learn about the Greek startup ecosystem.

THE SOURCE; ANA-MPA

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