SlideShare uma empresa Scribd logo
1 de 5
ISSN 1986-1923
                                 Diogenes Business Incubator University of Cyprus


              Entrepreneurship Insider
                                                                                                                      Newsletter Team


                                                                 Welcome!                                             Publisher
      Volume 1, Issue 1                                                                                               Diogenes          Business
                                                                                                                      Incubator   University of
         May 2009                         We are delighted to “welcome” you to the first Issue                        Cyprus
  1 Welcome Message                       of Entrepreneurship Insider! EI aspires to be a medium
  2 Portfolio Profile                     of communication on entrepreneurship and on                                 Editor in Chief
       MedTechSol:                                                                                                    Stavriana A. Kofteros
       Ιnnovate Technology                entrepreneurship in and around the Diogenes
       for identification of              Business Incubator of the University of Cyprus.                             Executive Editor
       Gynecological cancer                                                                                           Margarita Kyprianou
  3    Business                           What would a reader expect to find in EI? In every
       Message from an                                                                                                Contributors
                                          issue we will be profiling one of our portfolio                             Andreas Prodromou, Co-
       Entrepreneur
                                          companies aiming to introduce our innovative                                Founder & CEO, EXA High
  4    Technology
                                          startups to you, starting with MedTechSol in this                           Performance    Computing
       Mobile Computing
                                                                                                                      Ltd
  5    Diogenes’ News                     issue. Additionally, you will be reading about issues of                    George          Stylianou,
       MIT and Beyond                     interest from the entrepreneur’s side; the pros and                         Managing Director, VI
                                                                                                                      Scientific Ltd
                                          cons of creating a startup in Cyprus in the current
                                                                                                                      MedTechSol Team
                                          issue. The technology oriented can find Technology                          Stavriana Kofteros, CEO,
                                          news in every issue, making a start with mobile                             Diogenes         Business
                                                                                                                      Incubator University of
                                          computing.                                                                  Cyprus

                                          Finally, Diogenes will be sharing its news with you;
                                                                                                                      Publishing on EI
                                          what we are up to, what we did etc. In this first issue                     Submit manuscripts and
                                          you will get to know about our training at MIT and                          article   proposals    as
                                                                                                                      Microsoft Send Word files
                                          news on my meetings with prominent organizations                            (max. words 500) to:
                                          on both coasts.                                                             info@diogenes.com.cy


                                          We indent to keep EI multi-directional and would like                       Permission to
                                          to invite you to contribute to our next issues.                             reproduce or
                                          Together we can make EI a “platform” on                                     republish EI’s articles
         CyBIA                            entrepreneurship.
   Cyprus Business                                                                                                    To     reproduced      or
                                                                                       Happy Readings!                transcript one or more
Incubator Association
                                                                                                                      EI articles by electronic
                                                                                       EI Editorial Team              or mechanical means
                                                                                                                      (including photocopying
                                                                                                                      or archiving on any
                                                                                                                      archival         system)
                                                                                                                      requires          written
                                                                                                                      permission.
                                                      Diogenes Business Incubator University of Cyprus                Obtain permission at
                                                      Creating Business Value in Innovation                           info@diogenes.com.cy
                                                                                                                      or call +357 22 892220
                                                                                                                      for more information.

                               91 Aglandjia Avenue, Green Park, 2112 Nicosia , P.O. Box 20537, 1678 Nicosia, Cyprus
                                   Tel.: +357 2289 2220, Fax: +357 2289 2211, Email: info@diogenes.com.cy
Volume 1, Issue 1, Page 2
                                                                                                          ISSN 1986-1923
DIOGENES’ PORTFOLIO PROFILE:
                 MedTechSol: Innovative Technology for identification of Gynecological Cancer

                                        MedTechSol (Medical Technology Solutions) LTD was established in May 2008 by
                                        three experts in the medical informatics field.

                                        MedTechSol aims to become a leading company in gynecological endoscopy image
                                        processing and quantitative analysis, motivated from the huge new cases of
    Computer Aided                      gynecological cancer, especially in lower ages. MedTechSol supports that early
                                        diagnosis can help to improve the quality of life and reduce the mortality of
    Diagnostic suite of
                                        patients.
    products in
    Gynecological                       The statistics on gynecological cancer in the USA paint a grim picture:
    Endoscopy (CADs-                       Every 64 minutes, a gynecological cancer case is diagnosed
                                           It is the fourth most common cancer in American women today
    Gen) enabling the                      In 2008, 40.100 women were diagnosed with endometrial cancer with
    automated analysis                        7.470 deaths
                                                                                          [Source: American Cancer Society]
    of gynecological
    tissue in                           MedTechSol’s business vision is to develop a Computer Aided Diagnostic tool
    gynecological                       supporting minimal invasive surgery in gynecology for
                                        the automated identification of suspicious areas of
    endoscopy.                          cancer, increasing thus the diagnostic accuracy in real
                                        time. The mission is to develop Computer Aided
                                        Diagnostic suite of products for Gynecological Endoscopy
                                        (CADs-Gen) that will enable the automated analysis of
                                        gynecological tissue during gynecological endoscopy
                                        resulting in the increase of diagnostic accuracy in each
                                        case and providing a first and direct opinion for the
                                                                               pathology of the ROI before the
MedTechSol’ s Team                                                             histopathological examination. The system
                                                                               can also support telediagnosis between the
Managing Director                                                              involved parts during the examination.
Dr. Marios Neofytou
Technical Director                                                             Three unique, highly innovative products
Dr. Constantinos Pattichis                                                     based on image processing and analysis
Medical Director                                                               technologies for supporting the physician in
Vasilios Tanos (MD)                                                            real time during an endoscopic examination
Solution Managers                                                              are developed:
Ms. Christina Koumourou
Mr. Ioannis Konstantinou
                                            1.   CAD_GEn software: An innovative diagnostic tool for the detection and
                                                 characterization of gynecological cancer. This will be installed in
                                                 endoscopy equipment
                                            1.   The CAD_GEn complete system platform: A unique innovative product
                                                 providing a complete solution for the identification of difficult cases of
Contact Details:                                 gynecological cancer in real time, during an endoscopy examination
T: +357 229 2229                            2.   CAD_GEn web based services: A web based platform for the processing
   +357 229 2225                                 and analysis of endoscopic images via the web.
F: +357 22 89 2211
                                        Furthermore, MedTechSol is involved as a partner in the European Project,
E: info@medtechsol.com
                                        “SAFETY” whose main scope is to provide standardized protocols for endoscopy
www.medtechsol.com
                                        examination and extract a solution tree for the management of the procedures.

                                        Finally, the company has specialist partners all over the world that cover the whole
                                        field of Biomedical Technology, such as telemedicine, medical image processing,
                                        data mining, medical data bases, medical equipment, patient medical record etc.

                                                                                                        MedTechSol Team
Volume 1, Issue 1, Page 3
                                                                                                    ISSN 1986-1923
                                         Message from an Entrepreneur:
                                     Starting- up an R&D company in Cyprus

The Cypriot economy is based on services. Why then           The governmental support offered to start-ups, or
would someone attempt to set up a                            the industry in general, in other European countries is
technology/R&D based export oriented company                 not to be found in Cyprus. Lastly, another major
here? Well, let us look at the pros and cons of doing        obstacle is the lack of financial support. Venture
so.                                                          capital is practically nonexistent in Cyprus and the
                                                             government has yet to take advantage of European
Cyprus offers a pool of highly educated individuals.         Investment Fund measures for example to create a
The literacy rate of 97%is one of the highest in the         Venture Capital Fund geared to investing in
world with 25% of the population above 20 years of           technology / R&D start-ups. Banking instruments to
age holding tertiary education qualifications. More          support start-ups are extremely limited as well and
than 5,000 students are studying engineering,                competitive RTD funding which is the lifeline of start-
computing and the sciences. Commercially Cyprus              ups in North America is constricted in Europe and
offers a number of benefits. The salaries of                 Cyprus.
engineers with advanced qualifications (master’s
and doctoral degrees plus practical experience) are
low compared to their counterparts in North                              The absence of an
America or Western Europe. In terms of taxes the                    “establishment” allows for
corporate rate of 10% as well as the VAT (15%) are
the lowest ones in Europe. Personal income tax                   significant flexibility in setting up
ranging from 20% to 30% of all income is among the               and developing a new company.
lowest in Europe making it an incentive to attracting
talent. Add to that low corporate-industrial-
laboratory real estate rental costs and computing,
software and experimental devices costs which are
on par with those in Western Europe.                         Why then, you might ask, would somebody set up a
                                                             technology/R&D based company in Cyprus? The local
                                                             environment seems hostile to such pursuits. It is
 The local environment, although                             exactly this environment which makes Cyprus an
                                                             ideal place to set up a new export oriented
 hostile, makes Cyprus an ideal place                        technology based company. The absence of an
 to set up a new export oriented                             “establishment” allows for significant flexibility in
                                                             setting up and developing a new company. This is
 technology based company.                                   evident in the small but continuously increasing
                                                             number of start-ups which are being set up. An
Now, what about the negatives? For starters it can           increasing number of start-up companies active in
take months to register a new company. This, in              sectors    such    ICT,   health/biomedical,      and
some cases, might be detrimental to ones business            nanoengineering are being set up in Cyprus. The good
plans. Additionally, being in a service oriented             news is these companies that start up in such an
economy with no major industrial associations                environment where they have to triumph over the
means that there is no real support framework.               above difficulties build on this experience and
University level institutions in Cyprus are still in their   become resilient and lateral in their thinking. This is
infancy and as such they are unable to provide any           considered a plus by the international investment
significant   long      term     support     to       high   community.
technology/manufacturing companies.

The government, in theory, supports the creation of
technology based companies. In practice, this                                             Dr Andreas Prodromou
support is restricted to words and no real action up                                          Co-Founder & CEO
to now.                                                                      EXA High Performance Computing Ltd
Volume 1, Issue 1, Page 4
                                                                                                  ISSN 1986-1923

                                         Introducing Mobile Computing
Today, the mobile phone is undoubtedly the most
comprehensive and widespread device. It has               Point and Find (Nokia):
autonomy for quite a number of hours, it is small,        It applies to the
and it has a camera, it has wireless communication        tourist and the
technologies such as Bluetooth, infrared and Wi-Fi        local.        While
and most importantly it can be programmed.                traversing the city
Statistics reveal that each European citizen carries at   the user comes
least one mobile phone, there are more than one           across          film
billion mobile phones in use worldwide, and               posters, statues,
smartphones are so popular that their number is           restaurants        or
larger than the number of toothbrushes. In addition,      unknown but interesting buildings for which he seeks
experts forecast that by 2020 the mobile phone will       for more information. Using Point and Find he takes a
be the mainstream internet device.                        photo and sends the photograph to a server. The
                                                          server returns the answer that could be the history of
                                                          a building, information on the quality of restaurant or
                                                          even information on the film.
      Something that is usually
      ignored is that last generation                     Location based Services (UbiSafe):
                                                          This technology uses GPS and allows you to track the
      mobile phones are very fast                         location of family, for security purposes, without
      miniature computers.                                invading their privacy. In addition, it allows a
                                                          company or even police to track its fleet in real time.
                                                          The user can also get information about the
                                                          surrounding environment including landmarks,
Even though there are thousands of software               nightlife, banks or special offers.
applications      available,     unfortunately     the
mainstream user is still using the mobile phone for       Forecasted
calls, text messages or as a camera. Also, something      mainstream
that is usually ignored is that last generation mobile    applications
phones are very fast miniature computers. Their           are linked to
hidden capabilities make possible the development         the internet
of a vast number of applications that include, among      with       the
others, e-wallet, in class helper, navigation systems     assumption
or location-based services, vision applications,          that     every
augmented reality or even e-voting.                       mobile phone
                                                          user is always
Some examples of mobile computing are:                    on-line. With regards to this possibility the number of
                                                          plausible applications is multiplied. Examples include
e-wallet (ViVOwallet).                                    a user knowing at all times the location of its friends
This      technology                                      and family, social networking at all times, digital
allows the user to                                        television, watching online videos or uploading
store its credit card                                     videos, or even receiving information with regard to
information in the                                        the history, attractions or nightlife of its surrounding
mobile phone and                                          environment.
pay      for      any
transaction        in
restaurants,                                                                             Dr. Georgios Stylianou
supermarkets,                                                                       Lecturer, Computer Science,
airports or vending machines wirelessly. Since the                                   European University Cyprus
credit card or in this case the mobile phone is not                                          Managing Director,
handed to anyone, it becomes quite harder to steal                                              VI Scientific Ltd
credit card information or copy the credit card.
Volume 1, Issue 1, Page 5
                                                                                                           ISSN 1986-1923

                                                      MIT and beyond:
                    Fulbright Sponsored Networking and Educational Trip to the US
Early this year Diogenes’ CEO Stavriana Kofteros received
the Entrepreneurship Development Certificate from the
                                                                  … Regardless of your role, whatever you
Massachusetts Institute of Technology. The program was
attended by 136 entrepreneurs and entrepreneurship                               venture into you have to
development practitioners from all over the world and
was taught by MIT Professors and collaborators from                                          Think BIG and DARE!
companies like Innovate4Growth Consulting, Ascend
Strategy, Split Rock Partners, Z Corporation,
Entrepreneurship Ventures, Highland Capital Partners,            The great aim of Diogenes is to be on the international
Polaris Ventures, Wolf Greenfield, Flagship Ventures and         map of startup creation and entrepreneurship
Goodwin Procter. Both the MIT Entrepreneurship                   development for the benefit of its portfolio companies.
Professors and practitioners have a long history in
supporting and helping start ups.                                While in the US, Stavriana had also the opportunity to
                                                                 meet with the Directors of Yale’s Entrepreneurship
MIT has span-off over 5.000 start ups with cumulative            Institute at Yale University, Columbia’s New Ventures,
revenues exceeding $230 billion; with a record like this, if     Columbia University; the Chief Scientific Officer of
                                          th
MIT was a nation it would be at No. 17 in the world              Harvard’s Technology Development Accelerator Fund,
(Kauffman Foundation). Yes, we are talking about one             Office of Technology Development and the Director of
institution! Did anyone say Cyprus was small?                    Technology & Entrepreneurship Center at Harvard
                                                                 Technology & Entrepreneurship Center, Harvard
These important connections create the grounds for a
                                                                 Engineering and Applied Sciences at Harvard University.
working relation that can be utilized when it’s needed by
                                                                 While on the west coast she had meetings with Stanford’s
Diogenes and/or its portfolio companies. The Cambridge -
                                                                 Technology Ventures Program and Office of Technology
Boston area in Massachusetts is considered to be the
                                                                 Licensing and Office of Technology Licensing of Stanford
Health / Biomedical hub of the US; as the majority of
                                                                 University.
Diogenes’ companies are in the health industry these
connections become even more important.
                                                                 Equally important were the meetings with the Band of
                                                                 Angels, a business angel’s network in Silicon Valley, Draper
                                                                 Fisher Jurvetson, an early stage Venture Capital firm in
                                                                 Menlo Park California with a global network of Partner
                                                                 Funds, and Rose Tech Ventures, an early stage investment
                                                                 fund, incubator, and all-around support infrastructure in
                                                                 New York.

                                                                 If there is one think Diogenes takes from this experience is
                                                                 that regardless of your role (entrepreneur, investor,
                                                                 University, Incubator, facilitator, Government, politician)
                                                                 whatever you venture into you have to think BIG and
                                                                 DARE. So we come from a small island on the Med. So
               Stavriana A. Kofteros at MIT                      What? The only think stopping us from achieving our
                                                                 potential is us - our mind. The rest can be conquered. After
Taking networking to the next step through meeting with          all Success is 5% Inspiration and 95% Perspiration. So arm
MIT’s Venture Mentoring Service, Sloan Venture Capital           yourselves with a good deodorant and move forward.
& Private Equity Club, Industrial Liaison Program,
Deshpande Center, Entrepreneurship Center, and Center
for Biomedical Innovation, Diogenes accomplished to
establish links to these organizations that deal                                                     Stavriana A. Kofteros
comprehensively with entrepreneurship and is proud to                                                                  CEO
be in their network.                                                       Diogenes Business Incubator University of Cyprus

Mais conteúdo relacionado

Semelhante a Newsletter Issue 1 Vol 1 Final Issn

Newsletter ei vol2_issue2_march 2010_final
Newsletter ei vol2_issue2_march 2010_finalNewsletter ei vol2_issue2_march 2010_final
Newsletter ei vol2_issue2_march 2010_finalStavriana Kofteros
 
Money talks will cardwell
Money talks   will cardwellMoney talks   will cardwell
Money talks will cardwellfinnwill
 
The Metamorphosis And The Chief Agent Of Transformations
The Metamorphosis And The Chief Agent Of TransformationsThe Metamorphosis And The Chief Agent Of Transformations
The Metamorphosis And The Chief Agent Of TransformationsJessica Howard
 
Innovations and entrepreneurship: Cisco\'s programs, processes and experience...
Innovations and entrepreneurship: Cisco\'s programs, processes and experience...Innovations and entrepreneurship: Cisco\'s programs, processes and experience...
Innovations and entrepreneurship: Cisco\'s programs, processes and experience...SynerScope B.V.
 
Tech transfer-at-ist
Tech transfer-at-istTech transfer-at-ist
Tech transfer-at-istluiscoliveira
 
SEI torino forum 2019
SEI torino forum 2019SEI torino forum 2019
SEI torino forum 2019Andrea Griva
 

Semelhante a Newsletter Issue 1 Vol 1 Final Issn (8)

Newsletter ei vol2_issue2_march 2010_final
Newsletter ei vol2_issue2_march 2010_finalNewsletter ei vol2_issue2_march 2010_final
Newsletter ei vol2_issue2_march 2010_final
 
Money talks will cardwell
Money talks   will cardwellMoney talks   will cardwell
Money talks will cardwell
 
The Metamorphosis And The Chief Agent Of Transformations
The Metamorphosis And The Chief Agent Of TransformationsThe Metamorphosis And The Chief Agent Of Transformations
The Metamorphosis And The Chief Agent Of Transformations
 
Kincubator.se.v.2011
Kincubator.se.v.2011Kincubator.se.v.2011
Kincubator.se.v.2011
 
Innovations and entrepreneurship: Cisco\'s programs, processes and experience...
Innovations and entrepreneurship: Cisco\'s programs, processes and experience...Innovations and entrepreneurship: Cisco\'s programs, processes and experience...
Innovations and entrepreneurship: Cisco\'s programs, processes and experience...
 
Tech transfer-at-ist
Tech transfer-at-istTech transfer-at-ist
Tech transfer-at-ist
 
SEI torino forum 2019
SEI torino forum 2019SEI torino forum 2019
SEI torino forum 2019
 
i3B newsletter - May 2017
i3B newsletter - May 2017i3B newsletter - May 2017
i3B newsletter - May 2017
 

Mais de Stavriana Kofteros

Kofteros Stavriana Youth Empowered Make Your Future. A startup state of mind
Kofteros Stavriana Youth Empowered Make Your Future. A startup state of mindKofteros Stavriana Youth Empowered Make Your Future. A startup state of mind
Kofteros Stavriana Youth Empowered Make Your Future. A startup state of mindStavriana Kofteros
 
Startups4 peace s4p_2017_intro final
Startups4 peace s4p_2017_intro finalStartups4 peace s4p_2017_intro final
Startups4 peace s4p_2017_intro finalStavriana Kofteros
 
Startup cyprus state of play kofteros april 2016
Startup cyprus state of play kofteros april 2016Startup cyprus state of play kofteros april 2016
Startup cyprus state of play kofteros april 2016Stavriana Kofteros
 
SignalGenerix Founder Institute IoT innovation challenge deck
SignalGenerix  Founder Institute IoT innovation challenge deckSignalGenerix  Founder Institute IoT innovation challenge deck
SignalGenerix Founder Institute IoT innovation challenge deckStavriana Kofteros
 
Chicken? Be a Pig. The Startups Way
Chicken? Be a Pig. The Startups WayChicken? Be a Pig. The Startups Way
Chicken? Be a Pig. The Startups WayStavriana Kofteros
 
Stavriana Kofteros standards Cyprus and Angels 03 2014
Stavriana Kofteros standards Cyprus and Angels 03 2014Stavriana Kofteros standards Cyprus and Angels 03 2014
Stavriana Kofteros standards Cyprus and Angels 03 2014Stavriana Kofteros
 
Cyprus Startup Ecosystem The Now & The Way Forward
Cyprus Startup Ecosystem   The Now & The Way ForwardCyprus Startup Ecosystem   The Now & The Way Forward
Cyprus Startup Ecosystem The Now & The Way ForwardStavriana Kofteros
 
Kofteros cyprus startup ecosystem
Kofteros cyprus startup ecosystem Kofteros cyprus startup ecosystem
Kofteros cyprus startup ecosystem Stavriana Kofteros
 
Mentor women 10 07-2013-7 Habits to Creativity_public
Mentor women 10 07-2013-7 Habits to Creativity_publicMentor women 10 07-2013-7 Habits to Creativity_public
Mentor women 10 07-2013-7 Habits to Creativity_publicStavriana Kofteros
 
Diogenes sk startup_bpw-15-05-2013_public version
Diogenes sk startup_bpw-15-05-2013_public versionDiogenes sk startup_bpw-15-05-2013_public version
Diogenes sk startup_bpw-15-05-2013_public versionStavriana Kofteros
 
Diogenes sk m_sc_comp learn startup_02-04-2013 vfinal
Diogenes sk  m_sc_comp learn startup_02-04-2013 vfinalDiogenes sk  m_sc_comp learn startup_02-04-2013 vfinal
Diogenes sk m_sc_comp learn startup_02-04-2013 vfinalStavriana Kofteros
 
Mesup entrepreneurship competition kofteros 27-02-2013
Mesup entrepreneurship competition kofteros  27-02-2013Mesup entrepreneurship competition kofteros  27-02-2013
Mesup entrepreneurship competition kofteros 27-02-2013Stavriana Kofteros
 
Networking101 dos n donts kofteros short 27 -02-2013
Networking101 dos n donts kofteros short 27 -02-2013Networking101 dos n donts kofteros short 27 -02-2013
Networking101 dos n donts kofteros short 27 -02-2013Stavriana Kofteros
 
CY Entrepreneruship policy 3 Ds KOFTEROS
CY Entrepreneruship policy 3 Ds KOFTEROSCY Entrepreneruship policy 3 Ds KOFTEROS
CY Entrepreneruship policy 3 Ds KOFTEROSStavriana Kofteros
 
οIκονομια tis gnwsis dio sk
οIκονομια  tis gnwsis dio skοIκονομια  tis gnwsis dio sk
οIκονομια tis gnwsis dio skStavriana Kofteros
 
Kofteros dio networking ppt occy_15-10-2012 - short
Kofteros dio networking ppt occy_15-10-2012 - shortKofteros dio networking ppt occy_15-10-2012 - short
Kofteros dio networking ppt occy_15-10-2012 - shortStavriana Kofteros
 

Mais de Stavriana Kofteros (20)

Smei 2 Fuel to Scale
Smei 2 Fuel to ScaleSmei 2 Fuel to Scale
Smei 2 Fuel to Scale
 
Kofteros Stavriana Youth Empowered Make Your Future. A startup state of mind
Kofteros Stavriana Youth Empowered Make Your Future. A startup state of mindKofteros Stavriana Youth Empowered Make Your Future. A startup state of mind
Kofteros Stavriana Youth Empowered Make Your Future. A startup state of mind
 
Startups4 peace s4p_2017_intro final
Startups4 peace s4p_2017_intro finalStartups4 peace s4p_2017_intro final
Startups4 peace s4p_2017_intro final
 
Startup cyprus _2017_long-sk
Startup cyprus _2017_long-skStartup cyprus _2017_long-sk
Startup cyprus _2017_long-sk
 
Startup cyprus state of play kofteros april 2016
Startup cyprus state of play kofteros april 2016Startup cyprus state of play kofteros april 2016
Startup cyprus state of play kofteros april 2016
 
SignalGenerix Founder Institute IoT innovation challenge deck
SignalGenerix  Founder Institute IoT innovation challenge deckSignalGenerix  Founder Institute IoT innovation challenge deck
SignalGenerix Founder Institute IoT innovation challenge deck
 
Chicken? Be a Pig. The Startups Way
Chicken? Be a Pig. The Startups WayChicken? Be a Pig. The Startups Way
Chicken? Be a Pig. The Startups Way
 
Stavriana Kofteros standards Cyprus and Angels 03 2014
Stavriana Kofteros standards Cyprus and Angels 03 2014Stavriana Kofteros standards Cyprus and Angels 03 2014
Stavriana Kofteros standards Cyprus and Angels 03 2014
 
Cyprus Startup Ecosystem The Now & The Way Forward
Cyprus Startup Ecosystem   The Now & The Way ForwardCyprus Startup Ecosystem   The Now & The Way Forward
Cyprus Startup Ecosystem The Now & The Way Forward
 
Kofteros cyprus startup ecosystem
Kofteros cyprus startup ecosystem Kofteros cyprus startup ecosystem
Kofteros cyprus startup ecosystem
 
Mentor women 10 07-2013-7 Habits to Creativity_public
Mentor women 10 07-2013-7 Habits to Creativity_publicMentor women 10 07-2013-7 Habits to Creativity_public
Mentor women 10 07-2013-7 Habits to Creativity_public
 
Diogenes sk startup_bpw-15-05-2013_public version
Diogenes sk startup_bpw-15-05-2013_public versionDiogenes sk startup_bpw-15-05-2013_public version
Diogenes sk startup_bpw-15-05-2013_public version
 
Kofteros Startupology vpublic
Kofteros Startupology vpublicKofteros Startupology vpublic
Kofteros Startupology vpublic
 
Diogenes sk m_sc_comp learn startup_02-04-2013 vfinal
Diogenes sk  m_sc_comp learn startup_02-04-2013 vfinalDiogenes sk  m_sc_comp learn startup_02-04-2013 vfinal
Diogenes sk m_sc_comp learn startup_02-04-2013 vfinal
 
Mesup entrepreneurship competition kofteros 27-02-2013
Mesup entrepreneurship competition kofteros  27-02-2013Mesup entrepreneurship competition kofteros  27-02-2013
Mesup entrepreneurship competition kofteros 27-02-2013
 
Networking101 dos n donts kofteros short 27 -02-2013
Networking101 dos n donts kofteros short 27 -02-2013Networking101 dos n donts kofteros short 27 -02-2013
Networking101 dos n donts kofteros short 27 -02-2013
 
CY Entrepreneruship policy 3 Ds KOFTEROS
CY Entrepreneruship policy 3 Ds KOFTEROSCY Entrepreneruship policy 3 Ds KOFTEROS
CY Entrepreneruship policy 3 Ds KOFTEROS
 
Entrepreneurship in Action
Entrepreneurship in ActionEntrepreneurship in Action
Entrepreneurship in Action
 
οIκονομια tis gnwsis dio sk
οIκονομια  tis gnwsis dio skοIκονομια  tis gnwsis dio sk
οIκονομια tis gnwsis dio sk
 
Kofteros dio networking ppt occy_15-10-2012 - short
Kofteros dio networking ppt occy_15-10-2012 - shortKofteros dio networking ppt occy_15-10-2012 - short
Kofteros dio networking ppt occy_15-10-2012 - short
 

Último

Artificial Intelligence & SEO Trends for 2024
Artificial Intelligence & SEO Trends for 2024Artificial Intelligence & SEO Trends for 2024
Artificial Intelligence & SEO Trends for 2024D Cloud Solutions
 
UiPath Clipboard AI: "A TIME Magazine Best Invention of 2023 Unveiled"
UiPath Clipboard AI: "A TIME Magazine Best Invention of 2023 Unveiled"UiPath Clipboard AI: "A TIME Magazine Best Invention of 2023 Unveiled"
UiPath Clipboard AI: "A TIME Magazine Best Invention of 2023 Unveiled"DianaGray10
 
100+ ChatGPT Prompts for SEO Optimization
100+ ChatGPT Prompts for SEO Optimization100+ ChatGPT Prompts for SEO Optimization
100+ ChatGPT Prompts for SEO Optimizationarrow10202532yuvraj
 
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdfUiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdfDianaGray10
 
Nanopower In Semiconductor Industry.pdf
Nanopower  In Semiconductor Industry.pdfNanopower  In Semiconductor Industry.pdf
Nanopower In Semiconductor Industry.pdfPedro Manuel
 
Igniting Next Level Productivity with AI-Infused Data Integration Workflows
Igniting Next Level Productivity with AI-Infused Data Integration WorkflowsIgniting Next Level Productivity with AI-Infused Data Integration Workflows
Igniting Next Level Productivity with AI-Infused Data Integration WorkflowsSafe Software
 
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve DecarbonizationUsing IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve DecarbonizationIES VE
 
9 Steps For Building Winning Founding Team
9 Steps For Building Winning Founding Team9 Steps For Building Winning Founding Team
9 Steps For Building Winning Founding TeamAdam Moalla
 
KubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCost
KubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCostKubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCost
KubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCostMatt Ray
 
OpenShift Commons Paris - Choose Your Own Observability Adventure
OpenShift Commons Paris - Choose Your Own Observability AdventureOpenShift Commons Paris - Choose Your Own Observability Adventure
OpenShift Commons Paris - Choose Your Own Observability AdventureEric D. Schabell
 
20230202 - Introduction to tis-py
20230202 - Introduction to tis-py20230202 - Introduction to tis-py
20230202 - Introduction to tis-pyJamie (Taka) Wang
 
Valere | Digital Solutions & AI Transformation Portfolio | 2024
Valere | Digital Solutions & AI Transformation Portfolio | 2024Valere | Digital Solutions & AI Transformation Portfolio | 2024
Valere | Digital Solutions & AI Transformation Portfolio | 2024Alexander Turgeon
 
UiPath Studio Web workshop series - Day 5
UiPath Studio Web workshop series - Day 5UiPath Studio Web workshop series - Day 5
UiPath Studio Web workshop series - Day 5DianaGray10
 
Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )Brian Pichman
 
Introduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxIntroduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxMatsuo Lab
 
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDEADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDELiveplex
 
Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™Adtran
 
UiPath Community: AI for UiPath Automation Developers
UiPath Community: AI for UiPath Automation DevelopersUiPath Community: AI for UiPath Automation Developers
UiPath Community: AI for UiPath Automation DevelopersUiPathCommunity
 
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...UbiTrack UK
 

Último (20)

Artificial Intelligence & SEO Trends for 2024
Artificial Intelligence & SEO Trends for 2024Artificial Intelligence & SEO Trends for 2024
Artificial Intelligence & SEO Trends for 2024
 
UiPath Clipboard AI: "A TIME Magazine Best Invention of 2023 Unveiled"
UiPath Clipboard AI: "A TIME Magazine Best Invention of 2023 Unveiled"UiPath Clipboard AI: "A TIME Magazine Best Invention of 2023 Unveiled"
UiPath Clipboard AI: "A TIME Magazine Best Invention of 2023 Unveiled"
 
100+ ChatGPT Prompts for SEO Optimization
100+ ChatGPT Prompts for SEO Optimization100+ ChatGPT Prompts for SEO Optimization
100+ ChatGPT Prompts for SEO Optimization
 
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdfUiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
UiPath Solutions Management Preview - Northern CA Chapter - March 22.pdf
 
Nanopower In Semiconductor Industry.pdf
Nanopower  In Semiconductor Industry.pdfNanopower  In Semiconductor Industry.pdf
Nanopower In Semiconductor Industry.pdf
 
Igniting Next Level Productivity with AI-Infused Data Integration Workflows
Igniting Next Level Productivity with AI-Infused Data Integration WorkflowsIgniting Next Level Productivity with AI-Infused Data Integration Workflows
Igniting Next Level Productivity with AI-Infused Data Integration Workflows
 
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve DecarbonizationUsing IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
Using IESVE for Loads, Sizing and Heat Pump Modeling to Achieve Decarbonization
 
9 Steps For Building Winning Founding Team
9 Steps For Building Winning Founding Team9 Steps For Building Winning Founding Team
9 Steps For Building Winning Founding Team
 
KubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCost
KubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCostKubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCost
KubeConEU24-Monitoring Kubernetes and Cloud Spend with OpenCost
 
OpenShift Commons Paris - Choose Your Own Observability Adventure
OpenShift Commons Paris - Choose Your Own Observability AdventureOpenShift Commons Paris - Choose Your Own Observability Adventure
OpenShift Commons Paris - Choose Your Own Observability Adventure
 
20230202 - Introduction to tis-py
20230202 - Introduction to tis-py20230202 - Introduction to tis-py
20230202 - Introduction to tis-py
 
Valere | Digital Solutions & AI Transformation Portfolio | 2024
Valere | Digital Solutions & AI Transformation Portfolio | 2024Valere | Digital Solutions & AI Transformation Portfolio | 2024
Valere | Digital Solutions & AI Transformation Portfolio | 2024
 
UiPath Studio Web workshop series - Day 5
UiPath Studio Web workshop series - Day 5UiPath Studio Web workshop series - Day 5
UiPath Studio Web workshop series - Day 5
 
Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )Building Your Own AI Instance (TBLC AI )
Building Your Own AI Instance (TBLC AI )
 
Introduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptxIntroduction to Matsuo Laboratory (ENG).pptx
Introduction to Matsuo Laboratory (ENG).pptx
 
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDEADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
ADOPTING WEB 3 FOR YOUR BUSINESS: A STEP-BY-STEP GUIDE
 
201610817 - edge part1
201610817 - edge part1201610817 - edge part1
201610817 - edge part1
 
Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™Meet the new FSP 3000 M-Flex800™
Meet the new FSP 3000 M-Flex800™
 
UiPath Community: AI for UiPath Automation Developers
UiPath Community: AI for UiPath Automation DevelopersUiPath Community: AI for UiPath Automation Developers
UiPath Community: AI for UiPath Automation Developers
 
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
UWB Technology for Enhanced Indoor and Outdoor Positioning in Physiological M...
 

Newsletter Issue 1 Vol 1 Final Issn

  • 1. ISSN 1986-1923 Diogenes Business Incubator University of Cyprus Entrepreneurship Insider Newsletter Team Welcome! Publisher Volume 1, Issue 1 Diogenes Business Incubator University of May 2009 We are delighted to “welcome” you to the first Issue Cyprus 1 Welcome Message of Entrepreneurship Insider! EI aspires to be a medium 2 Portfolio Profile of communication on entrepreneurship and on Editor in Chief MedTechSol: Stavriana A. Kofteros Ιnnovate Technology entrepreneurship in and around the Diogenes for identification of Business Incubator of the University of Cyprus. Executive Editor Gynecological cancer Margarita Kyprianou 3 Business What would a reader expect to find in EI? In every Message from an Contributors issue we will be profiling one of our portfolio Andreas Prodromou, Co- Entrepreneur companies aiming to introduce our innovative Founder & CEO, EXA High 4 Technology startups to you, starting with MedTechSol in this Performance Computing Mobile Computing Ltd 5 Diogenes’ News issue. Additionally, you will be reading about issues of George Stylianou, MIT and Beyond interest from the entrepreneur’s side; the pros and Managing Director, VI Scientific Ltd cons of creating a startup in Cyprus in the current MedTechSol Team issue. The technology oriented can find Technology Stavriana Kofteros, CEO, news in every issue, making a start with mobile Diogenes Business Incubator University of computing. Cyprus Finally, Diogenes will be sharing its news with you; Publishing on EI what we are up to, what we did etc. In this first issue Submit manuscripts and you will get to know about our training at MIT and article proposals as Microsoft Send Word files news on my meetings with prominent organizations (max. words 500) to: on both coasts. info@diogenes.com.cy We indent to keep EI multi-directional and would like Permission to to invite you to contribute to our next issues. reproduce or Together we can make EI a “platform” on republish EI’s articles CyBIA entrepreneurship. Cyprus Business To reproduced or Happy Readings! transcript one or more Incubator Association EI articles by electronic EI Editorial Team or mechanical means (including photocopying or archiving on any archival system) requires written permission. Diogenes Business Incubator University of Cyprus Obtain permission at Creating Business Value in Innovation info@diogenes.com.cy or call +357 22 892220 for more information. 91 Aglandjia Avenue, Green Park, 2112 Nicosia , P.O. Box 20537, 1678 Nicosia, Cyprus Tel.: +357 2289 2220, Fax: +357 2289 2211, Email: info@diogenes.com.cy
  • 2. Volume 1, Issue 1, Page 2 ISSN 1986-1923 DIOGENES’ PORTFOLIO PROFILE: MedTechSol: Innovative Technology for identification of Gynecological Cancer MedTechSol (Medical Technology Solutions) LTD was established in May 2008 by three experts in the medical informatics field. MedTechSol aims to become a leading company in gynecological endoscopy image processing and quantitative analysis, motivated from the huge new cases of Computer Aided gynecological cancer, especially in lower ages. MedTechSol supports that early diagnosis can help to improve the quality of life and reduce the mortality of Diagnostic suite of patients. products in Gynecological The statistics on gynecological cancer in the USA paint a grim picture: Endoscopy (CADs-  Every 64 minutes, a gynecological cancer case is diagnosed  It is the fourth most common cancer in American women today Gen) enabling the  In 2008, 40.100 women were diagnosed with endometrial cancer with automated analysis 7.470 deaths [Source: American Cancer Society] of gynecological tissue in MedTechSol’s business vision is to develop a Computer Aided Diagnostic tool gynecological supporting minimal invasive surgery in gynecology for the automated identification of suspicious areas of endoscopy. cancer, increasing thus the diagnostic accuracy in real time. The mission is to develop Computer Aided Diagnostic suite of products for Gynecological Endoscopy (CADs-Gen) that will enable the automated analysis of gynecological tissue during gynecological endoscopy resulting in the increase of diagnostic accuracy in each case and providing a first and direct opinion for the pathology of the ROI before the MedTechSol’ s Team histopathological examination. The system can also support telediagnosis between the Managing Director involved parts during the examination. Dr. Marios Neofytou Technical Director Three unique, highly innovative products Dr. Constantinos Pattichis based on image processing and analysis Medical Director technologies for supporting the physician in Vasilios Tanos (MD) real time during an endoscopic examination Solution Managers are developed: Ms. Christina Koumourou Mr. Ioannis Konstantinou 1. CAD_GEn software: An innovative diagnostic tool for the detection and characterization of gynecological cancer. This will be installed in endoscopy equipment 1. The CAD_GEn complete system platform: A unique innovative product providing a complete solution for the identification of difficult cases of Contact Details: gynecological cancer in real time, during an endoscopy examination T: +357 229 2229 2. CAD_GEn web based services: A web based platform for the processing +357 229 2225 and analysis of endoscopic images via the web. F: +357 22 89 2211 Furthermore, MedTechSol is involved as a partner in the European Project, E: info@medtechsol.com “SAFETY” whose main scope is to provide standardized protocols for endoscopy www.medtechsol.com examination and extract a solution tree for the management of the procedures. Finally, the company has specialist partners all over the world that cover the whole field of Biomedical Technology, such as telemedicine, medical image processing, data mining, medical data bases, medical equipment, patient medical record etc. MedTechSol Team
  • 3. Volume 1, Issue 1, Page 3 ISSN 1986-1923 Message from an Entrepreneur: Starting- up an R&D company in Cyprus The Cypriot economy is based on services. Why then The governmental support offered to start-ups, or would someone attempt to set up a the industry in general, in other European countries is technology/R&D based export oriented company not to be found in Cyprus. Lastly, another major here? Well, let us look at the pros and cons of doing obstacle is the lack of financial support. Venture so. capital is practically nonexistent in Cyprus and the government has yet to take advantage of European Cyprus offers a pool of highly educated individuals. Investment Fund measures for example to create a The literacy rate of 97%is one of the highest in the Venture Capital Fund geared to investing in world with 25% of the population above 20 years of technology / R&D start-ups. Banking instruments to age holding tertiary education qualifications. More support start-ups are extremely limited as well and than 5,000 students are studying engineering, competitive RTD funding which is the lifeline of start- computing and the sciences. Commercially Cyprus ups in North America is constricted in Europe and offers a number of benefits. The salaries of Cyprus. engineers with advanced qualifications (master’s and doctoral degrees plus practical experience) are low compared to their counterparts in North The absence of an America or Western Europe. In terms of taxes the “establishment” allows for corporate rate of 10% as well as the VAT (15%) are the lowest ones in Europe. Personal income tax significant flexibility in setting up ranging from 20% to 30% of all income is among the and developing a new company. lowest in Europe making it an incentive to attracting talent. Add to that low corporate-industrial- laboratory real estate rental costs and computing, software and experimental devices costs which are on par with those in Western Europe. Why then, you might ask, would somebody set up a technology/R&D based company in Cyprus? The local environment seems hostile to such pursuits. It is The local environment, although exactly this environment which makes Cyprus an ideal place to set up a new export oriented hostile, makes Cyprus an ideal place technology based company. The absence of an to set up a new export oriented “establishment” allows for significant flexibility in setting up and developing a new company. This is technology based company. evident in the small but continuously increasing number of start-ups which are being set up. An Now, what about the negatives? For starters it can increasing number of start-up companies active in take months to register a new company. This, in sectors such ICT, health/biomedical, and some cases, might be detrimental to ones business nanoengineering are being set up in Cyprus. The good plans. Additionally, being in a service oriented news is these companies that start up in such an economy with no major industrial associations environment where they have to triumph over the means that there is no real support framework. above difficulties build on this experience and University level institutions in Cyprus are still in their become resilient and lateral in their thinking. This is infancy and as such they are unable to provide any considered a plus by the international investment significant long term support to high community. technology/manufacturing companies. The government, in theory, supports the creation of technology based companies. In practice, this Dr Andreas Prodromou support is restricted to words and no real action up Co-Founder & CEO to now. EXA High Performance Computing Ltd
  • 4. Volume 1, Issue 1, Page 4 ISSN 1986-1923 Introducing Mobile Computing Today, the mobile phone is undoubtedly the most comprehensive and widespread device. It has Point and Find (Nokia): autonomy for quite a number of hours, it is small, It applies to the and it has a camera, it has wireless communication tourist and the technologies such as Bluetooth, infrared and Wi-Fi local. While and most importantly it can be programmed. traversing the city Statistics reveal that each European citizen carries at the user comes least one mobile phone, there are more than one across film billion mobile phones in use worldwide, and posters, statues, smartphones are so popular that their number is restaurants or larger than the number of toothbrushes. In addition, unknown but interesting buildings for which he seeks experts forecast that by 2020 the mobile phone will for more information. Using Point and Find he takes a be the mainstream internet device. photo and sends the photograph to a server. The server returns the answer that could be the history of a building, information on the quality of restaurant or even information on the film. Something that is usually ignored is that last generation Location based Services (UbiSafe): This technology uses GPS and allows you to track the mobile phones are very fast location of family, for security purposes, without miniature computers. invading their privacy. In addition, it allows a company or even police to track its fleet in real time. The user can also get information about the surrounding environment including landmarks, Even though there are thousands of software nightlife, banks or special offers. applications available, unfortunately the mainstream user is still using the mobile phone for Forecasted calls, text messages or as a camera. Also, something mainstream that is usually ignored is that last generation mobile applications phones are very fast miniature computers. Their are linked to hidden capabilities make possible the development the internet of a vast number of applications that include, among with the others, e-wallet, in class helper, navigation systems assumption or location-based services, vision applications, that every augmented reality or even e-voting. mobile phone user is always Some examples of mobile computing are: on-line. With regards to this possibility the number of plausible applications is multiplied. Examples include e-wallet (ViVOwallet). a user knowing at all times the location of its friends This technology and family, social networking at all times, digital allows the user to television, watching online videos or uploading store its credit card videos, or even receiving information with regard to information in the the history, attractions or nightlife of its surrounding mobile phone and environment. pay for any transaction in restaurants, Dr. Georgios Stylianou supermarkets, Lecturer, Computer Science, airports or vending machines wirelessly. Since the European University Cyprus credit card or in this case the mobile phone is not Managing Director, handed to anyone, it becomes quite harder to steal VI Scientific Ltd credit card information or copy the credit card.
  • 5. Volume 1, Issue 1, Page 5 ISSN 1986-1923 MIT and beyond: Fulbright Sponsored Networking and Educational Trip to the US Early this year Diogenes’ CEO Stavriana Kofteros received the Entrepreneurship Development Certificate from the … Regardless of your role, whatever you Massachusetts Institute of Technology. The program was attended by 136 entrepreneurs and entrepreneurship venture into you have to development practitioners from all over the world and was taught by MIT Professors and collaborators from Think BIG and DARE! companies like Innovate4Growth Consulting, Ascend Strategy, Split Rock Partners, Z Corporation, Entrepreneurship Ventures, Highland Capital Partners, The great aim of Diogenes is to be on the international Polaris Ventures, Wolf Greenfield, Flagship Ventures and map of startup creation and entrepreneurship Goodwin Procter. Both the MIT Entrepreneurship development for the benefit of its portfolio companies. Professors and practitioners have a long history in supporting and helping start ups. While in the US, Stavriana had also the opportunity to meet with the Directors of Yale’s Entrepreneurship MIT has span-off over 5.000 start ups with cumulative Institute at Yale University, Columbia’s New Ventures, revenues exceeding $230 billion; with a record like this, if Columbia University; the Chief Scientific Officer of th MIT was a nation it would be at No. 17 in the world Harvard’s Technology Development Accelerator Fund, (Kauffman Foundation). Yes, we are talking about one Office of Technology Development and the Director of institution! Did anyone say Cyprus was small? Technology & Entrepreneurship Center at Harvard Technology & Entrepreneurship Center, Harvard These important connections create the grounds for a Engineering and Applied Sciences at Harvard University. working relation that can be utilized when it’s needed by While on the west coast she had meetings with Stanford’s Diogenes and/or its portfolio companies. The Cambridge - Technology Ventures Program and Office of Technology Boston area in Massachusetts is considered to be the Licensing and Office of Technology Licensing of Stanford Health / Biomedical hub of the US; as the majority of University. Diogenes’ companies are in the health industry these connections become even more important. Equally important were the meetings with the Band of Angels, a business angel’s network in Silicon Valley, Draper Fisher Jurvetson, an early stage Venture Capital firm in Menlo Park California with a global network of Partner Funds, and Rose Tech Ventures, an early stage investment fund, incubator, and all-around support infrastructure in New York. If there is one think Diogenes takes from this experience is that regardless of your role (entrepreneur, investor, University, Incubator, facilitator, Government, politician) whatever you venture into you have to think BIG and DARE. So we come from a small island on the Med. So Stavriana A. Kofteros at MIT What? The only think stopping us from achieving our potential is us - our mind. The rest can be conquered. After Taking networking to the next step through meeting with all Success is 5% Inspiration and 95% Perspiration. So arm MIT’s Venture Mentoring Service, Sloan Venture Capital yourselves with a good deodorant and move forward. & Private Equity Club, Industrial Liaison Program, Deshpande Center, Entrepreneurship Center, and Center for Biomedical Innovation, Diogenes accomplished to establish links to these organizations that deal Stavriana A. Kofteros comprehensively with entrepreneurship and is proud to CEO be in their network. Diogenes Business Incubator University of Cyprus