Over the past five years, the Congress has contributed to the expansion of a global entrepreneurial ecosystem, connecting experts and entrepreneurs across borders and sectors to unleash their ideas and transform innovation into reality.
StartupCrowdfunding.com was invited to speak to the event about startup resources, management and funding. The discussion focused especially on the questions about the value of mentoring, right level of funding, qualification of startup employees and scalability of a business. A common conclusion was the funding is important, but it is only a tool, and it is crucial to have right people, commitment, competence, and especially passion to build the business.
Our theme 'Virtual Silicon Valley' was also discussed. The Silicon Valley concept is not only a geographical area, but much an ecosystem of startups, investors, clients and related services. Nowadays an ecosystem can be also a global network that connect parties that have common interests.
The congress had totally dozens of presentations and panels. They illustrated entrepreneurship from several angles from team building to venture capital funding. Kauffman Foundation and Global Entrepreneurship Week are the key organizers of the GEC. This year event had many important sponsors like EY, Microsoft, Dell, Infinity and Bloomberg Businessweek.