Fear of failure is one of the main reasons why lots of great ideas have not been developed in Europe yet. FACE Entrepreneurship is a European Commission project, born to promote ICT entrepreneurship by working through key aspects such as risk aversion, resilience and the current concept of failure.
Perceived capabilities and opportunities to startup a business in Europe are lower than in any other continent, according to the last “Global Entrepreneurship Monitor Report”. Moreover, 39.1 per cent of the adults with entrepreneurial intentions in Europe stated that they would be prevented from starting up a business because of fear of failure.
During the opening of the last edition of Techsylvania, Tim Draper, one of the world-renowned venture capital investors, had a talk about an opportunity for challenging ideas to become viable businesses. He also launched an invitation for the winners of our startup competition to join one of the programs at Draper University, where he is the founder.
What is Draper University?
Draper University is a platform for young, ambitious entrepreneurs who aspire to become leaders. The school acts as a portal where students learn and strive to unlock a community while attending the crash course in entrepreneurship.
Thanks to their experiential learning oriented methodology, Draper University has nurtured 200 startups and counting, that over time have raised more than $25 million.
The long-awaited moment has arrived, and we successfully check day one of Techsylvania conference off our list. But let us name at least a few of the most impressive things we’ve seen and learned today.
Techsylvania Conference Stage
There is a saying that who wakes up early goes far and we can totally agree with that, as it has all started early in the morning until the evening, with condensed talks of 20 minutes each, resuming all with about 22 speakers, including Tim Draper, DFJ founder, the highly reputed American investor to honour us into opening the conference.
Right now, as we are writing this from the Techsylvania event that has started this weekend, 16 candidates for the Startup Avalanche competition are preparing their pitches that can take them to Silicon Valley. We are therefore presenting them to you, as we might assume they will soon become some valuable and notorious businesses that will change the tech scene, names that you will definitely hear more about in the near future.
For Mark Shuttleworth, his journey into the tech scene has been fulminant even from the beginning and also paved with a lot of success that few can count as their own. Because he will be one of the keynote speakers for the Techsylvania conference this year and also because his professional and personal life are something to look up to, let us pinpoint some of this achievements that made us so eager to know him.
Last days were all about women and celebrating them, and for us at Techsylvania, was the best time to praise their efforts in the technology and innovation field. So, we decided to let all the ladies share their thoughts on the most inspiring women they knew, while putting some perks at stake.