Over the last year, a culture of entrepreneurial development is increasingly on the rise. Entrepreneurial meeting points, such as Open Coffee, which started with a handful of people, now fill auditoriums of over 2,000 people.
Successful Greek ventures such asTaxiBeat have inspired budding entrepreneurs. Initiatives of expats wishing to support entrepreneurship, such as ReloadGreece or Greek efforts such as TEDxAcademy’s RisingStars, have been added to offshoots of international organizations like Endeavor. Funding support has also emerged: the Hellenic Initiative, based in New York, has pledged $100M to support new ventures.
If Greece is to recover, then these green shoots need to grow and flourish. To do so, they need to find a way of interacting with the Greek state, which is notorious for slowing down businesses, imposing a mountain of regulation and protecting incumbents by discouraging innovators.
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