WER19 is coming to Budapest

The Women in Entrepreneurship project is gearing up for its next stop on our European roadshow, aiming to connect, build, and create transatlantic ties between the EU and US startup and innovation ecosystems. Stop number 7 will be the Hungarian capital city, Budapest, on the 7th – 8th November.

In a recent study, by Startups.co.uk, Budapest was named the number one city in which to launch a business, post-Brexit, with the capital city already hosting a number of business accelerators and offering viable access to funding opportunities for entrepreneurs. The growing startup scene is also supported by the Hungarian government, which boasts at the lowest corporation tax in the EU at just 9%.

Adding to this, one in every three entrepreneurships in Hungary are owned and or managed by women, although the overall motivation for women to start a business remains fairly low, at just 8.6%, according to figures from Global Entrepreneurship Monitor 2015/16 report.

Budapest infographic

At the European Young Innovators Forum (EYIF) we are hoping to change this, through events like the Women in Entrepreneurship Roadshow (WER), we hope to work towards creating more opportunities for women entrepreneurs to connect and network with top investors and mentors, not just in the European but also in the US startup and innovation ecosystems; building sustainable bridges in local entrepreneurship communities around Europe to support existing and blossoming women entrepreneurs on their journeys.

We have currently selected 180 women entrepreneurs, out our target of reaching, connecting, and helping in the growth of at least 300 women entrepreneurs, and we hope to add 30 more through #WER19 Budapest.

Having, already confirmed top investors such as leading brand strategist, startup mentor and ecosystem builder, Veronika Pistyur, General Partner of Oktogon Ventures and CEO of Bridge Budapest, to provide insider knowledge into the venture capital world during our roadshow panel. We will also be providing one-and-one mentoring with top industry players such as Dr Andrea Kozma, Director of the CEU iLab and Mary Alcantara, Deputy Managing Director of MKB Fintech, who will be able to assist participants with ad-hoc project advice to help them flourish and grow beyond their local ecosystem.

WER not only provides assistance for women entrepreneurs within their local European ecosystems, but provides opportunities for pan-European and US engagement, and allowing for the collection of vital information and data to shape policy decisions on best practice guidelines to improve gender-equality within the startup and innovation sector in the EU, for existing women run entrepreneurships as well as those just starting out.

If you’d like to know more about the WER project first hand, be sure to keep an eye on our website and apply for our upcoming events!