I’ve just been swapping emails with Dimitris Athanasiadis (Exec Board member on Openfund) about the launch of their Fourth Round of funding for new start-up companies. Dimitris also runs Open Coffee Greece, so I guess it was natural to reach out to the other international Open Coffee groups to promote Openfund.
Of course you may want to relocate to Greece if you’re successful at applying to Openfund, especially as they start in Jan for 5 months. Their technical advisers reflect the European and International nature of start-ups, and its a pretty impressive line up that would help accelerate just about any venture proposition.
Some facts about the fund from their launch post:
Specifically, the range of funding is almost doubled to €30.000-50.000 up from €25.000-35.0000, while keeping the equity at 15%. Also based on a significant number of additions to our advisor board, we are now able to provide much more mentoring time and networking to all projects.
You have until 30 November to apply and the decisions will be made on 10 Jan, with a 5 month incubation programme starting right afterwards. If you’re interested:
You may apply today by filling the form here. You are also encouraged to take a close look at our process, the FAQ and best practices before proceeding with your application.
Our own Open Coffee will be meeting as usual next Tues, 2 Nov from about 8.30am in the Boston Teaparty on Park St.
