Yesterday, Project Destination attended the Sweden - U.S. Entrepreneurial Forum 2014 in Stockholm, check out #sweus on twitter. Here is a short recap of the discussions during the event. For videos and more info, check out: esbri.se/sweden-us/2014/sthlm.asp https://youtube/user/ESBRITV Sweden is becoming more and more International and the relationship between Sweden and the U.S. has never been better than today, according to the US Ambassador Mark Brzezinski. Sweden is the 10th fastest growing source of investors in the US economy. If the Ttip agreement(regeringen.se/sb/d/18087) comes through there is great potential for economic growth and especially for SMEs who want take their business to the U.S. Steve Westly from the Westly group(westlygroup/) had an exciting talk about clean tech and the pursuit of sustainable growth in silicon valley and Peggy Wallace, managing partner of GoldenSeeds(goldenseeds/) talked about the latest trends: Cognitive Computing, wearables and fashion tech, Voice activation and translation, bandwidth and sustainability and the modernisation of content. Clare Fairfield Chairman of Venture Capital Institute says that the secret to building a successful company: “It’s all about the people connections” - Business and Life happens at the same time. We are entering an era of global entrepreneurship, the most important challenge for start ups is global experience. Start-ups must think about the landing and not only focus on the launch. The conclusion about being an entrepreneur from todays discussion are the following: Know the right people, get networked! Be prepared to prove your business to the VC: How do VCs make money from your idea? What is the competition? How much money do you need? Never make up an answer!! - Solve a problem! It should be real and big. If you don’t have a customer you don’t have a business Think big! Be passionate about your idea and be relentless A very inspiring event and it seems that there is a lot of potential for innovative students!
Posted on: Tue, 21 Oct 2014 07:37:03 +0000
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