DisclaimerThe author’s views expressed in this publication do not necessary reflect the views of the United States Agency for International Development or the United States Government.

APRIL 27, 2016 @theChange_rs

http://thechange.rs

http://thechange.rs

Anca Albu CEE Changers Founder

20 EXPERTS, 16 COUNTRIES

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Tech startups: What are they and why have they become a global phenomenon Republic of Moldova: Current situation of tech entrepreneurship

Moving Forward: STARTUP MOLDOVA

POIN

TS O

F DIS

CUSS

ION

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GLOB

AL TE

CH R

EVOL

UTIO

NImpact of The Internet - The 3.5 billionth person going online is happening now;

Cost - Cost of Starting A Business is Plummeting!

Youth Power – Searching for meaning, not enchanted by conventional ways; equal opportunities;

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• There are over 20 million people unemployed in the EU today. • Europe faces 800,000 shortfall in skilled ICT workers by 2020

FACT

S

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IMPA

CTDenmark - Brain gain Slovakia - 22 local tech companies pay 1% of country’s taxes Chile - in 5 yrs: 45% increase in interest from local entrepreneurs Lithuania - 90% survival rate of startups Georgia - higher investments - more interest Malaysia - 5000 school kids and youth trained in programming

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PRES

ENT M

OLDO

VA

>20k

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IMPA

CTCompetitive advantages

Drives all sectors of economy

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TECH

STA

RTUP

S

% GDP

Employment

Innovation

=

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TECH

STA

RTUP

S 1. Favorable regulations and taxes

2. Better access to financing

3. Easier access to talent

4. Education promoting entrepreneurship and programming skills

5. Startup-friendly infrastructure

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PRES

ENT M

OLDO

VA

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ECOS

YSTE

MLEADERS STAKEHOLDERS FRAMEWORKS

RESOURCES ACTIVITIES ENGAGEMENT

ROLE MODELSINFRASTRUCTURE CAPABILITY COMMUNITY

CULTURE

* Inspired by The Rainforest Canvas

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Government

CommunityPrivate Sector

STARTUP MOLDOVA

STAR

TUP M

OLDO

VA

- R&D Investment

- Corporate Entrepreneurship Responsibility

- Sponsorships

- Policy

- Framework

- Funding

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STARTUP MOLDOVA• Position Moldova as the innovation

and entrepreneurship bridge between West and East

• Spur the innovation culture

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STAR

TUP M

OLDO

VA G

OALS

SHORT TERM - More startups - Increase in the startup

survival rate - Increase in population

interest in creating new tech startups

- Recycled entrepreneurship

LONG TERM - Increase in GDP - Increase in FDI - Increase in Patents - Reverse of Brain Drain - Scale-ups - Productivity - Exits - Happiness Index

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STARTUP MOLDOVA “Economic growth springs from

better recipes, not just from more cooking.”

Paul M. Romer

Stanford University