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In the fourth edition of its report series, EIT Digital and Foun.dation present the latest on the Greek startup scene and inform about the state of - and challenges for - digital transformation in Greece.
Startups in Greece 2020-2021 provides a valuable scope of the Greek entrepreneurial scene and its development over the years. It presents the profile of startups and identifies latest market trends, focusing especially on the investment opportunities available in the country and most of all, their impact.
The report highlights the positive impact of the EquiFund scheme, demonstrates that investment into startups were more selective, yet higher for the beneficiaries. Greek startups were of course affected by the COVID-19 pandemic, but with significant differences by sectors. Little surprising, hospitality saw the biggest negative impact, whilst other saw new opportunities and even hired new staff. Last, but not least, the report highlights a number of remarkable exits of substantial volume. Hence 2020 was a year of different shades for the Greek startup community.
Digital Transformation in Greece 2020-2021 looks at the Greek business ecosystem, examines to what extent companies and large organisations have adopted Digital Transformation procedures, and pinpoints the reasons for delays. The report summarizes the key digital transformation strategies commonly applied by industry leaders within the Greek context.
It is evident that the COVID-19 pandemic left its mark on the business world. Shifts and changes have taken place leading us all to a new reality. For this reality, technology is an enabler, but people skills and communication ought to take the frontstage, as they are more important than ever. Our report provides 9 key learnings and recommendations for Greek business and industry:
The two reports are the result of a collaboration under the ARISE Europe Programme between EIT Digital and Found.ation, a leading startup-enabling platform for tech-oriented products & services in SE Europe, a digital transformation accelerator for corporations and a tech education hub.
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Co-Funded by the European Union