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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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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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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, […]

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Business

Bulgaria rising: Can a growing startup movement reinvent the country’s economy?

Facing the uncertainty of life in post-Soviet Bulgaria, 18-year-old Vladimir Davchev moved to the United States in the late 1990s to pursue his education and dreams of working in the stock market. But after several disenchanting years, he decided to return to Sofia and pursue his entrepreneurial ambitions in the country’s capital. There wasn’t much […]

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Business

Zuckeberg: Macedonia is a “Fake News” Source

In an interview on Thursday for The New York Times, Mark Zuckerberg shed some interesting insights into the Fake News conversation coming out of Macedonia. While discussing the scandal involving British data analytics firm Cambridge Analytica, obtaining access to more than 50 million Facebook users’ data in 2014, Mark said: “In last year, in 2017 with […]

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Business

How a Bulgarian scheme scammed Spotify for $1M

A scamming operation in Bulgaria managed to grab away as much as $1 million in royalties out of Spotify last year, according to sources mentioned in a report . The Bulgarian entity, which hasn’t been identified, pulled off the feat reportedly by uploading several third-party playlists of songs, creating a flurry of fake Spotify accounts to boost […]

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Business

WooCommerce and Success go Hand in Hand

Seven years after its release, WooCommerce continues to gain unprecedented popularity. Even with dedicated store builders like Shopify and BigCommerce, the powerful eCommerce WordPress plugin has the lion share of the market, powering nearly 20% of all online stores. It has 100,000 users more than the dedicated eCommerce CMS Magento. The reasons for that dominance […]

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Business

Experience the United States as a YTILI Fellow

Launched in 2016, the Young Transatlantic Innovative Leaders Initiative Fellowship is the flagship program of the Young Transatlantic Innovation Leaders Initiative (YTILI) of the U.S. Department of State and is supported in its implementation by The German Marshall Fund of the United States (GMF). Entrepreneurs are a driving force for economic development, job creation, security, […]