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Business

Managers Are a Dying Breed. Here’s What You Must Have Instead

The crisis of leadership grows, as companies struggle to adapt to change. We have a rise in part-time workers, the growth of the gig economy, evolution of technology, an increase in virtual teams, and an epidemic of toxic employees, to name just a few pressures on leaders in this ever-changing world On top of that, we […]

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African Development Bank Launches Coding for Employment Program

Over the last 15 years, the African Development Bank has invested US $1.64 billion in programs to prepare youth for careers in science, technology, and innovation. The African Development Bank (www.AfDB.org), together with partners – The Rockefeller Foundation, Microsoft, and Facebook – launched the Coding for Employment Program at the African Innovation Summit in Kigali, Rwanda. […]

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Konica Minolta strengthens its position as a full-fledged IT service provider by acquiring Grupo Meridian

Konica Minolta Business Solutions announces the acquisition of Grupo Meridian. The Spanish company is a specialist in providing solutions for information technology, communications, technological consulting, outsourcing, IT security and software development. This makes it a perfect match for strengthening Konica Minolta’s position as a full-fledged provider of IT services, in the Spanish market and beyond. […]

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Business

President Erdogan says Uber is “finished” in Turkey

Turkish President Recep Tayyip Erdogan has declared during a Ramadan dinner that the ridesharing company Uber is “over” in Turkey and apparently the interior ministry has given “the order”. Uber currently runs under a license that costs much less than taxi plates (about $760 US instead of $360,000), but Erdogan argued that it was “not possible” to offer […]

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Business

Raiffeisen Bank International AG launches “Elevator Ventures”

Today, Raiffeisen Bank International AG (RBI) launched a corporate venture capital (CVC) company called “Elevator Ventures”, which will provide € 25 million in investment capital. Elevator Ventures will focus on strategic direct investments in later-stage fintechs, co-investments with partner investors and investments in VC funds. Later-stage fintechs are young, technology-driven companies from the financial sector […]

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Business

Croatia gives new incentives to citizens for purchasing electric cars

Croatia offers new incentives to its citizens and companies for the purchase of electric vehicles (EV). Over EUR 3,3 million has been allocated for this purpose – EUR 1.62 million for citizens and EUR 1.75 million for companies. The plan which was introduced last year, will allow individuals to receive up to 40% of the […]

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Business

New funding round lead by South Central Ventures for AI start-up Cognism

Cognism, a Macedonian/UK start-up, which uses artificial intelligence to generate sales leads, has closed a £2 M funding round, led by South Central Ventures, alongside Newable Private Investing, the London Co-Investment Fund, Start-up Funding Club and individual investors. The company, founded by entrepreneur James Isilay and Stjepan Buljat, helps companies accelerate sales and recruitment leads […]

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Business

South Central Ventures invests in LittleDot, the ultimate digital parenting platform

On 19 April 2018 in Zagreb, South Central Ventures announced the latest addition to their portfolio – LittleDot. Built by Dario Simovic and Dr.Milivoj Jovancevic. LittleDot is a platform which connects parents to pediatricians and other specialists in real-time and ensures that parents get verified advice and track their child’s health progress. This investment will […]

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Business

EU pumping $2.6 billion into Europe’s VC funds

The European Commission and the European Investment Fund (EIF) have launched a Pan-European Venture Capital Funds-of-Funds programme (VentureEU) to boost investment in innovative start-up and scale-up companies across Europe. Europe boasts a wealth of talent, world-class researchers and skilled entrepreneurs, but it can do better at turning that excellence into success stories. Access to risk […]

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Business

Elevator Lab Challenges: the CEE region’s largest fin-tech acceleration program

On 2 April, Raiffeisen Bank Bulgaria, the Bulgarian network bank of Raiffeisen Bank International (RBI), started the application phase for its local “Elevator Lab Challenge”. Bulgarian start-ups have now time until 17 June to apply with their ideas and solutions from the fields of Advanced Analytics, Corporate Banking, Investing & Trading Tech, New Branch Experience, […]