Jamaine Pulat’s Post

Is starting from scratch necessary when entering the German market as an international startup? 🤔 The short answer is: Basically, yes. Two weeks ago, our Ninja Jamaine played a part in the Startup Welcome Package, brilliantly orchestrated by Pioniergeist GmbH, Wirtschaftsförderung Region Stuttgart GmbH & STEYG. The Startup Welcome Package enables international Startups to enter the German market. And of course: How could we be missing in this process? 🥷🏻 Venturing into the German landscape is no small feat. The intricate tapestry of regulatory frameworks, cultural nuances, consumer behavior, and, not to forget, the language barrier, demands some adjustment🧐 To successfully enter and thrive in the German market, a recalibration of mindset is crucial: 1) Embrace the early-stage spirit, ready to learn and adapt. 2) Dive deep into understanding the local market dynamics and cultural context. 3) Tailor and fine-tune your value proposition to resonate with the German audience. 🎩 Hats off to these daring souls who venture into new markets with unyielding determination. Your journeys inspire and teach us the challenges of global entrepreneurship. A heartfelt thank you to the fantastic hosts - Winfried & Anke - as well as the amazing entrepreneurs we met 🙏 And most importantly: Thanks Jamaine for your great support in our team! 🥷🏻

In case you've forgotten - this Wednesday Emerging Founders are coming down to Wrocław for the final event of Season 1. There will be time for summaries and lessons learned, but one thing I'm happy with, is that even though we've only hosted events in Poland, we've not given up on our promise to start building connections across the CEE. We had speakers from Ukraine, Belarus, Slovenia and now - Czech Republic (although an American) and I can already say we will have more in the Autumn. Everyone who's not on vacation yet and is building, or thinking of building an internationally scalable startup from Wrocław should come over as the agenda is packed with expert knowledge, available all to you! Just have a look :) ✨ Join us for networking, workshops and an in-depth look at successful global expansion! 🎙️ Fireside Talk: ➡️ Bartosz Majewski, CEO at Casbeg 🎯 Topic: "Discover the stories behind Bartosz's book "101 Techniques for Managers"." 📢 Keynotes: ➡️ Piotr Orzechowski, CEO at Infermedica 🎯 Topic: "Scaling your startup: lessons learned." ➡️ Margaret Sikora, CEO at Woodpecker.co 🎯 Topic: "Using KPIs for effective change management: when to scale up, scale down or terminate projects." ➡️ Krzysztof Szyszkiewicz, Partner Valueships 🎯 Topic: Scalable pricing: How to price to win international markets and not leave money on the table 👥 Expert panel for workshop: ➡️ Paweł Kobusiński, CEO at GetSales ➡️ Margaret Sikora, CEO at Woodpecker.co ➡️ Katarzyna Can, founder of Hola HR, People and Culture Strategy Advisor ➡️ Alek Cierniewski, CEO at Automation First Business ➡️ Bartek Postek, CEO of HANZA Group - cofounders as a service, startup mentor, investor ➡️ Stephen Burke, co-founder and CEO at Kardi Ai ➡️ Maciej Zawadzinski, Partner at Hard2beat Get your ticket now! With the code EFWRO10 you will receive 10% discount 👉 https://lnkd.in/d2RF5AAP

As my Scandi tour draws to a close, I can’t wait to talk to the Tech Nordic Advocates community about one of my favourite topics: the power of your story to grow your business. Thanks again for having me Jeanette Carlsson And for everyone who’s not in Copenhagen today: here’s a storytelling challenge to kick off your week - tell one personal story to someone new and watch what happens. #storytelling #storyselling #buildingconnections #growth

💰 𝗗𝗶𝗱 𝘆𝗼𝘂 𝗸𝗻𝗼𝘄 𝘁𝗵𝗮𝘁 𝗶𝘁 𝗰𝗼𝘀𝘁𝘀 𝗼𝗻 𝗮𝘃𝗲𝗿𝗮𝗴𝗲 $𝟭.𝟮𝗠 𝘁𝗼 𝗱𝗼 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗦? 🇺🇸 We had the privilege of hosting Pierrick Joliveau at our Inovexus Accelerator workshop, where he shared invaluable insights on internationalization to the US market. Having spent the last 7 years in the US, founded two companies in France, and managed the internationalization of Criteo to the US, Pierrick brought a wealth of knowledge to our session. Key takeaways from the workshop: 🇺🇸 𝗨𝗦 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀: - 𝟳𝟬% 𝗙𝗮𝗶𝗹𝘂𝗿𝗲 𝗥𝗮𝘁𝗲: Entering the US market comes with significant challenges. - $𝟭.𝟮𝗠 𝗔𝘃𝗲𝗿𝗮𝗴𝗲 𝗦𝗽𝗲𝗻𝗱: The average cost per year for internationalization. - 𝟮.𝟯 𝗬𝗲𝗮𝗿𝘀 𝘁𝗼 𝗦𝘂𝗰𝗰𝗲𝘀𝘀: The average time it takes to succeed. 💡 𝗖𝘂𝗹𝘁𝘂𝗿𝗮𝗹 𝗗𝗶𝗳𝗳𝗲𝗿𝗲𝗻𝗰𝗲𝘀: - “𝗛𝗶𝗿𝗲 𝘀𝗹𝗼𝘄, 𝗳𝗶𝗿𝗲 𝗳𝗮𝘀𝘁.” Understanding the cautious approach to hiring and the decisiveness in firing which is very different in Europe - “𝗧𝗶𝗺𝗲 𝗶𝘀 𝗺𝗼𝗻𝗲𝘆.” In the US, trials are paid, and free services are often viewed with suspicion. - “𝗙𝗮𝗶𝗹 𝗼𝗳𝘁𝗲𝗻, 𝗳𝗮𝗶𝗹 𝗳𝗼𝗿𝘄𝗮𝗿𝗱.” Emphasizing the importance of learning from failures and moving forward. 📊 𝗧𝗵𝗿𝗲𝗲 𝗞𝗲𝘆 𝗣𝗶𝗹𝗹𝗮𝗿𝘀 𝗘𝘅𝗽𝗹𝗼𝗿𝗲𝗱 𝗯𝘆 𝗣𝗶𝗲𝗿𝗿𝗶𝗰𝗸: 1. 𝗟𝗲𝗴𝗮𝗹: Incorporate with a lawyer, not an accountant. Be aware of different tax zones and avoid Tax filing penalties which can cost up to $10k. 2. 𝗦𝗮𝗹𝗲𝘀: Founders must intimately understand the US market. Salespeople may ask for equity—consider granting it after a year. Fire quickly if there’s no fit, minimizing risk. 3. 𝗣𝗿𝗼𝗱𝘂𝗰𝘁: Clarity is crucial. Highlight the added value of your product. Ensure a maximum 1-2 week setup phase and keep sales pitches concise. Thank you, Pierrick Joliveau, for sharing these game-changing insights! Our startups are now better equipped to navigate the complexities of internationalization. #Inovexus #Entrepreneurship #Internationalization #USMarket #StartupSuccess #Workshop #mentorship Philippe Roche Stanislas de Villelongue Camille Bonvicini Gabrielle Vandeville Olivier Reynaud ◢◣◥  ◢ Nils Escurat Benjamin Bourdeau Matteo Trulli Grégoire Rouquette Martin Peillon Laurens Kroese Achille de Miramon

🌱 Ranking with the best – EIT Food is recognized by Financial times and Statista among the leading European StartUp Hubs! 🚀 In a recent report from the Financial Times and Statista EIT Food's Entrepreneurship Programme has been recognized as one of Europe's leading startup hubs! Since its inception in 2017, the EIT Food #Entrepreneurship Programmes has supported over 550 startups and attracted over 1 Billion Euros of investment across Europe. This achievement underscores the value of our dedicated support for #agrifood tech entrepreneurs. Offering unparalleled access to knowledge, networks, and resources, EIT Food stands out for its commitment to driving sustainable food system transformations, fostering innovation, and empowering the next generation of food entrepreneurs. Discover more about this recognition and why EIT Food is a catalyst for change in the agrifood tech sector by visiting the Financial Times report here: https://lnkd.in/eXTnzb8H #startups #startupsuccess #hubs #recognition #

Interesting insights for startups planning to expand business to US.

🚀 𝟯, 𝟮, 𝟭... 𝗦𝗖𝗔𝗟𝗘 𝗨𝗣 ⬆️ 📢 Calling all startups in the 🚗 automotive, ⛓️ supply chain, ⚡︎energy, and 🍃 sustainability sectors - we are thrilled to announce the launch of the #Q2Scale programme, set to empower startups through real-time validation. Co-led by EIT Global Outreach and Q Europe, Q2Scale is dedicated to providing European MVP+ startups with real-world validation, invaluable access to strategic global partners, and the tools needed for successful PoCs and expansion into international markets. Q2Scale focuses on empowering MVP+ startups with a working product ready for beta testing and release. 𝗪𝗵𝗮𝘁’𝘀 𝗶𝗻 𝗶𝘁 𝗳𝗼𝗿 𝘆𝗼𝘂? 🔍 Validate your technology in an industry setting to attract interest and fast track entry into global markets ⏩ Streamline your PoC process by bypassing red tape and iterating quickly 🌐 Network with global influential industry figures, opening doors to potential future partnerships 🧑🏫 Receive tailored guidance from expert mentors on how to navigate complexities in innovation across the globe 💡Gain insights from leading international players into pressing trends in the global market 🤝 Create lasting relationships with collaborators from around the world through ongoing opportunities for connection ✍️ Applications are now OPEN at https://go-eit.eu/q2scale/ (deadline: 21 July 2024). 🤔 Questions? Reach out to Sahar Sazgar at sahar.sazgar@go-eit.eu. Adi Barel Eden Dvir Zano Maayan Sharon Maytal Perlman Tal Caspi Ido Rosenblum Adina Beer Liav Ben Rubi Dana Taigman Koren Raz Ron Yuval Dayan Leslie Harris Jérémie D. Javier González Andy Kerr Thanh-Tâm Lê Karen Gordon Bram Pauwels EBN - European Business & Innovation Centre Network Grand Automotive Central Europe

“At the beginning of the programme I had many unknowns. Now I have known unknowns, so that’s a good start.” Yesterday marked the end of the Rocket Up Supernovas International programme from EIT - European Institute of Innovation and Technology, where we provided support by facilitating the sessions for the 10 female founders who have worked on their internationalisation strategy over the past 12 weeks. During the final session, they presented their GTM strategy pitches and received feedback and insights from Pieter Aarts and Tamas Szeker - 터마쉬 세캘. Some key insights from the session: 💡 When expanding internationally, find strong partners to support you, you do not have to do it all by yourself; but be careful about giving them exclusivity. 💡 Sharpen your value proposition and localise it before starting your GTM; sharing experiences, and hearing from other entrepreneurs is most valuable. 💡 Get introductions from existing customers into your target market to add extra trust and credibility during your market entry. Throughout the programme we had the pleasure to be joined by other entrepreneurs who have shared their past experiences and learnings on internationalisation, such as Susan Hunt Stevens, Veronica Costa Orvalho, and Kiran Gange. Good luck to Ani Biome, Resourcly GmbH, Fermata, Go Jauntly - a walking and wayfinding app, SCALED, BitaGreen, Corbiota, ProperGate, GAYA, and Litech on your next steps! We hope to be sharing great news about you soon! 🚀 Thank you Celeste Reglá Díaz, EIT Urban Mobility, EIT Food, EIT Manufacturing, and EIT - European Institute of Innovation and Technology, for this incredible journey! #marketexpansion #internationalisation #femalefounders

12 members in the list clearly shows the value of the EBN - European Business & Innovation Centre Network. Just like the higher than average survival rats for #Startups supported by EU|BIC accredited incubators like University of Warwick Science Park shows.

Why don’t we speak about Founder Associate in Belgium? Let's change that! The fancy term "Founder Associate" refers to the right-hand person to a startup founder, assuming a multi-functional role to support the founder’s massive workload and facilitate the company’s rapid growth 🐣 Since starting as a Founder Associate at Chift - One API, I’ve noticed that this role is not very common in Belgium as it is in neighboring countries. On Wednesday, I had the pleasure to attend an Early Builders event in Paris, and it was nothing short of inspiring! I witnessed a vibrant community and a highly motivating ecosystem, fostered by many French Founder Associates, including Victoria, Gaétan, and Henri who have enlightened me about this job in my first days at the office. Managing the chaos of early days can be stressful, and it is a great opportunity to share our experiences with our peers. The stories of Nicolas Sitter and Tania Kefs on Wednesday were even more insightful, as they were part of the whole journey until they reached unicorn status 🦄 Aren’t we missing this in Belgium? It seems like there aren't any similar communities for young Belgians entering the startup world. This echoes a reflection I had during my time as a VC intern at Seeder Fund, noticing the differences between the Flemish ecosystem and those of Brussels or Wallonia. Although we are part of the same country, we could gain so much by sharing our knowledge and experiences together 🇧🇪 So, who’s up for building a thriving community of early employees in Belgian startups with me? Comment below if you are and tag others peers. Let’s start this together ! 🚀