"accelerating talent and startups in south-eastern europe", speech at stanford university

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ACCELERATING TALENT & START-UPS IN SOUTH-EASTERN EUROPE IRENA CHAUSHEVSKA CEO & Founder European Entrepreneurship and Innovation | Stanford University NEW MAN’S BUSINESS ACCELERATOR February 8 , 2016 www.newmansba.com @NewMansBA

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Page 1: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

ACCELERATING TALENT & START-UPS IN

SOUTH-EASTERN EUROPEIRENA CHAUSHEVSKA

CEO & Founder

European Entrepreneurship and Innovation | Stanford University

NEW MAN’S BUSINESS

A C C E L E R A T O R

February 8 , 2016www.newmansba.com @NewMansBA

Page 2: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

FOUNDED IN APRIL 2014

100% PRIVATE INVESTORS 400% YOY REVENUE GROWTH CASH FLOW POSITIVE

43 STARTUPS 160+ STUDENTS 60 MENTORS 9 PERSON CORE TEAM

NEWMAN’S THE LEADING SEE ACCELERATOR

Page 3: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

NEWMAN’S HQ IN MACEDONIA A SMALL DYNAMIC COUNTRY

3

2.1 MILLION PEOPLE

PARLIAMENTARY DEMOCRACY

69% MACEDONIANS, 22% ALBANIANS, 4% TURKS, 2% SERBS

Page 4: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

MACEDONIA - LAND OF MYTHS AND LEGENDS AND GROWING STARTUP COMMUNITY

4

KOKINO - Megalithic observatory 4th oldest in world

according to NASA.

KUKLICA - 10 million years old stone town and 120 stone

figures in city of Kratovo.

ALSHAR MINE - Lorandite, mineral that could unravel the work of the Sun.

OHRID LAKE - Europe oldest, 1 million years. Country had 34 mountains & 53 lakes.

MOTHER THERESA - Was born in the capital city of

Macedonia - Skopje.

ALEXANDER THE GREAT - King of Macedonia

and conqueror of Persia.

Page 5: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

MACEDONIA - LAND OF MYTHS AND LEGENDS AND GROWING STARTUP COMMUNITY

5

KOKINO - Megalithic observatory 4th oldest in world

according to NASA.

KUKLICA - 10 million years old stone town and 120 stone

figures in city of Kratovo.

ALSHAR MINE - Lorandite, mineral that could unravel the work of the Sun.

OHRID LAKE - Europe oldest, 1 million years. Country had 34 mountains & 53 lakes.

MOTHER THERESA - Was born in the capital city of

Macedonia - Skopje.

ALEXANDER THE GREAT - King of Macedonia

and conqueror of Persia.

Page 6: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

MACEDONIA - LAND OF MYTHS AND LEGENDS AND GROWING STARTUP COMMUNITY

6

KOKINO - Megalithic observatory 4th oldest in world

according to NASA.

KUKLICA - 10 million years old stone town and 120 stone

figures in city of Kratovo.

ALSHAR MINE - Lorandite, mineral that could unravel the work of the Sun.

OHRID LAKE - Europe oldest, 1 million years. Country had 34 mountains & 53 lakes.

MOTHER THERESA - Was born in the capital city of

Macedonia - Skopje.

ALEXANDER THE GREAT - King of Macedonia

and conqueror of Persia.

Page 7: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

MACEDONIA - LAND OF MYTHS AND LEGENDS AND GROWING STARTUP COMMUNITY

7

KOKINO - Megalithic observatory 4th oldest in world

according to NASA.

KUKLICA - 10 million years old stone town and 120 stone

figures in city of Kratovo.

ALSHAR MINE - Lorandite, mineral that could unravel the work of the Sun.

OHRID LAKE - Europe oldest, 1 million years. Country had 34 mountains & 53 lakes.

MOTHER THERESA - Was born in the capital city of

Macedonia - Skopje.

ALEXANDER THE GREAT - King of Macedonia

and conqueror of Persia.

Page 8: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

MACEDONIA 2ND BEST IN THE WORLD FOR STARTING A BUSINESS

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1st IN REGION 2nd IN WORLD IN STARTING BUSINESS

EUROPEAN SKILL-LEVEL WORKFORCE 42% UNDER 30

90% YOUTH FLUENT IN ENGLISH

580 US$ GROSS MONTHLY SALARY

EXCELLENT GEO-STRATEGIC POSITION

LOWEST OPERATING COSTS IN EUROPE

Source: World Bank 2016 “Doing Business” Report

BEST OVERALL TAX RATE IN WORLD

3,7% ANNUAL GDP GROWTH

Page 9: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

TOP MACEDONIAN MANUFACTURERS AND INVESTMENT OPPORTUNITIES

9

MACHINE & AUTOMOTIVE

(GERMANY) 4000 employees. Supply premium automakers with wiring systems.

(UK) European mega catalyst

plant for emission control. 80M$ investment.

(BELGIUM) Production of

400 busses annually. 20M$

investment.

COMPOSITES & METALS

(MK) Machine and composites

production plant for materials/parts for airplanes and

satellites.

(US/MK) Flexible metal products for automotive, petrochemical,

and power generation.

(MK) Wire products, robotic medical

equipment, freight trailers, telecoms

equipment.

Page 10: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

(MACEDONIA) 116 Million voters

SEE + Ecuador Featured in Forbes.

European Business Award.

TOP MACEDONIAN TECH INDUSTRIES AND INVESTMENT OPPORTUNITIES

10

(MACEDONIA) Manufacturing of Printed Circuit Boards specialized

for express delivery. 10.000 prototypes / year.

(US) 60M$ investment. Electronic dashboard components and car seats for automotive

industry.

(MACEDONIA) Works on Hollywood blockbusters with

major Hollywood studios. EMMY nomination for visual

effects in 2007.

ELECTRONICS & HARDWARE

SOFTWARE & DIGITAL

(MACEDONIA) 50% of Fortune 500 are

customers for Project Viewer product. 600 employees.

Page 11: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

MY ENTREPRENEURIAL CAREER PATH

PR AT CABINET OF

PRIME MINISTER

20042002

EU PROJECTAT MINISTRY OF DEFENSE

ASSISTANT ADVISOR AT CABINET OF COUNTRY PRESIDENT

20042001

LAW UNIVERSITY 

LOCAL

2015

REGION

2016

GLOBAL

2014

NEW MAN’S BUSINESS

A C C E L E R A T O R

FOUNDER & CEO

MARKETING & SALES DIRECTOR

IN NATIONAL TV

20082006

PR & MARKETINGMANAGER IN TELCO

2011

CEO AT EDUCATIONAL CENTER OF INTERNATIONAL

SOFTWARE CORPORATION

REPORTER FROM GREECE

2005

M.A. IN MARKETINGSHEFFIELD UNIVERSITY

2009

FOUNDER & CEOOF MARKETING & DESIGN START-UP

Page 12: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

MY ENTREPRENEURIAL CAREER PATH

“Work at only 30% of your capacity and you will be OK here,

continue to work harder and you might be in TROUBLE soon !”,

High Government Official, Macedonia - 2004

Page 13: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

FROM MARKETING & FAX MACHINES TO FOUNDER & SPACE LAUNCHES IN 5 YEARS

WHY?

MARKET OPPTY

PERSONAL GROWTH

PROFESSIONAL GROWTH

2010 2015

< Client’s office (Western Union-UFS), Marketecture > < Cape Canaveral Air Force Station, Florida, Atlas V >

Page 14: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

< NASA Space Apps Challenge, Skopje Finals, 2015 >

< NewMan’s NASA partners >

NEWMAN’S - NASA GLOBAL CO-ORGANIZER

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GLOBAL CO-ORGANIZER OF THE NASA SPACE APPS CHALLENGE

160 LOCATIONS, OVER 10.000 PARTICIPANTS AROUND THE WORLD (APRIL 22-24, 2016)

Page 15: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

NEWMAN’S - NASA GLOBAL CO-ORGANIZER

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www.spaceappschallenge.eu

Page 16: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

NEWMAN’S - NASA GLOBAL CO-ORGANIZER

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www.spaceappschallenge.org

NOW ACCEPTING APPLICATIONS

Page 17: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

NEWMAN’S MISSION AND BUSINESS UNITS

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N E W M A N ’ S

P R O T O - L A B

THE POWER OF SYNERGY

Students Mentors Founders Team members Freelancers

C

ompa

nies

In

vesto

rsGAIN SKILLS R

ECRU

IT B

UIL

D P

RO

DU

C

TS GET FEEDBACK

IM

PR

OV

E G

O-T

O-M

ARK

ET

“Empowering young people to reach their MAXIMUM POTENTIAL

and to build products for GLOBAL MARKETS,

by providing full life-cycle of

talent & products, development & launch

tools and services”,

Irena Chaushevska, NewMan’s CEO

Page 18: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

0

90

180

270

360

2014 2015 2016

Male Female

100

200

300

400

58

112

310

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NEWMAN’S ACADEMY

INTERNATIONAL INDUSTRY PARTNERS:

- Training tomorrow’s technical leaders -

Page 19: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

0

20

40

60

80

2014 2015 2016

Male Female

17,5

35

52,5

70

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IOT, GAMING, E-COMMERCE STARTUPS:

1522

61

NEWMAN’S SMART-UP

- Identifying and accelerating the best start-ups -

Page 20: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

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1-3m € SLOVENIA / EBRD

VENTURE CAPITAL FUNDS IN SOUTH-EAST EUROPE

500k-3m € AUSTRIA

1-5m € GERMANY

Page 21: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

NEWMAN’S PROTO-LAB

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- Fostering innovation and new product

development -

Page 22: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

NEWMAN’S COMMERCIAL PRODUCTS

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TELECONFERENCE ROBOT - Fully talkative moving display for more natural remote communication.

Page 23: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

SELECTED START-UPS FROM BALKANS AND NEWMAN’S PORTFOLIO

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• APPLIED ROBOTICS (Macedonia) - Space cubes, Intelligent autonomous aircrafts and Smart home appliances. Seed and a follow up Series A investment from a Local investor. First products on the market in Q3 of 2016. B2B and B2C.

• MODULAR (Macedonia) - Online platform for personalized art products that can be 3D printed or manufactured from local providers globally. Seed investment from the Macedonian Fund for Innovations and technological development. B2C.

Page 24: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

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• ALBASOFT CMS (Albania) - Enterprise platform used to build and manage websites with CMS. Wordpress, LeadPages and GoDaddy at one place. Over 2 million pages are already created with this platform. Self-sustainable. B2B.

• FueLoyal Inc. (Macedonia, Croatia, US) - Leading and most innovative provider of Fuel misuse preventing software and patented hardware solutions in Trucking Business. Global VC investment. Established US presence. Self-sustainable. B2C and B2B.

SELECTED START-UPS FROM BALKANS AND NEWMAN’S PORTFOLIO

Page 25: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

NEWMAN’S IN THE HEART OF THE SE EUROPE START-UP ECOSYSTEM

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SERBIABOSNIA &

HERZEGOVINA

MONTENEGRO

CROATIA

SLOVENIA

MACEDONIA

BULGARIA

ROMANIA

GREECE

ALBANIA

HUNGARYAUSTRIA

ITALY

TURKEY

KOSOVO

VIENNA

Page 26: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

NEWMAN’S GOES GLOBAL !!

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VIENNA

LONDON

LOS ANGELES

SAN FRANCISCO

SKOPJE

Page 27: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

NEWMAN’S CORE TEAM 27

Page 28: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

THE TIME OF THE BALKANS START-UPS IS COMING!

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The Balkan’s start-ups journey have just begun and I am very confident that it is going to be a great experience with lot of rewards for everyone involved!

Page 29: "Accelerating Talent and Startups in South-Eastern Europe", Speech at Stanford University

SMALL COUNTRY - GREAT PARTNER !! THANK YOU.

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www.newmansba.com [email protected]

@chaushevska @NewMansBA