Czech Out the Tech SceneHidden Gems in the Heart of Europe

The Czechs: Golden Hands

"Golden Czech hands and clever Czech heads" led to the invention of soft contact lenses, the electric arc lamp, fingerprinting, ship propellers, the mechanical pencil, semtex, and the sugar cube,

A long and proud history of entrepreneurship

The Capital of The Holy Roman Empire

The world’s oldest continuously running University: Charles University, Founded 1348

INDEX

1. History2. Economy3. Prague tech scene today4. Invest time and money in Czech Republic!5. Czech tech gurus you should know6. Resources to get started7. Appendix

1. History

1918 1938 1968 1974 1989 1992 1993 1996

Czechoslovakia (CS) rises out of Austro-Hungary as the world’s 11th largest economy.

Warsaw Pact. CS earns reputation for technical excellence and creativity - Jawa Motorcycles, Cinema, Medicine.

Prague Spring - occupation of CS.

SAPO - first PC constructed in CS by Antonín Svoboda.

Velvet Revolution - CS rejoins the world.

First Internet Connection at Czech Technical University.

The Velvet Divorce - Czechia and Slovakia split amicably- both later joining the EU.

Founding of Seznam.cz, Jobs.cz

8th1998 2000 2006 2010 2011 2014 2015

Foundation of CZNIC, Alza.cz - first major e-retailer, Lupa.cz - first tech-only news site.

25% of Czechs are Online. Almost No E-commerce.

Czech Republic is the only country in Europe to get a Google product team before Google opens a sales office.

World’s first bitcoin mining pool - Slush.

Foundation of StartupYard - Seed Accelerator

80% of Czechs now online. Czechs now spend 6 Billion Euros Online per year

Average Internet speeds now ranked 8th worldwide, at 3 times global average, 11.2 Mbit/s.

TODAY

Google, AVG, Seznam.cz & Skype headquarters

The district of Smichov is becoming the Heart of Tech In the Czech Republic.

Prague center

Node 5 &StartupYard

Impact Hub

TechSquare

Economy

A great stimulus for entrepreneurship

The Czech Republic has a solid Industrial base, with a growing service economy, reliant on exports, mainly to Germany.

JOBS

60% 29% Service

IndustrialTAX29%

Proportion of foreigners in population

4,2%

Czechs Working Abroad

100,000in EU

of GDP

Lower than most developed countries

2. Prague Tech Scene Today

The only non-Google search engine ranked in any European country.

experts work in IT. Development of Internet and IT has brought new jobs

students graduate from top IT, computer science, and engineering programs every year.

startups currently listed on AngelList.

Homegrown players, AVG and Avast, both

companies in IT security.

#1

264

50,000

300,000

1B$+

Global companies with major IT centers in CZ

Early stage investment environment

Active group of venture investors!

Growing number of business angels & field of early stage investors

Y-Soft

http://www.czechcrunch.cz/2015/02/do-ceskych-startupu-se-za-rok-2014-proinvestovalo-746-milionu-korun-jak-je-na-tom-cela-evropa/http://www.czechcrunch.cz/2015/02/do-ceskych-startupu-se-za-rok-2014-proinvestovalo-746-milionu-korun-jak-je-na-tom-cela-evropa/

Country Deals Million $ Country Deals Million $ Country Deals Million $

UK 225 $1.698,0 Ireland 25 $145,3 Portugal 5 $7,1

Germany 154 $1.279,3 Belgium 12 $56,1 Luxembourg 4 $26,7

France 63 $379,4 Switzerland 11 $84,6 Turkey 4 $1,4

Russia 62 $323,9 Scotland 9 $29,9 Bulgaria 3 $8,4

Spain 48 $254,5 Austria 8 $13,4 Ukraine 3 $4,5

Sweden 42 $398,9 Estonia 7 $4,8 Latvia 3 $3,3

Finland 40 $90,6 Lithuania 6 $32,8 Cyprus 2 $15,6

Italy 40 $48,4 Norway 6 $12,2 Hungary 2 $2,4

Netherlands 33 $544,3 Czech Republic 5 $30,8 Greece 2 $2,3

Denmark 25 $145,9 Poland 5 $25,7 Malta 1 $54,6

EU VC-Backed Tech Deal & Dollar Distribution by Country: 2014 CB Insights report

Which companies founded by Czechs are getting funded?

$850,000 Futurelytics

$1,000,000 BrandEmbassy

$5.45M SkyPicker

$1,800,000 Apiary

$2,000,000 Liftago

$2,800,000 Codasip

$6.23M Geewa

$34M SocialBakers

$101M GoodData

$1,350,000 Comprimato

$2,500,000 Safetica

3. Invest time and money in Czech Republic!

How we attract foreign investors

Skilled workforce with good language skills

Relatively low labor costs, easy self-employment

Easy, zero-capital incorporation

Favorable business climate

Stable political environmentHigh-quality transportation and business infrastructure

Geographical and cultural proximity to Western Europe, and the East

Low level of crime, low cost of living, and low rents

CORPORATETAX 19%

0$

Your Gatewayto Central Europe

BerlinLondon

ViennaBudapest

Sofia

Paris

Madrid

4. Czech tech gurus you should know

The KingRoman Staněk

Founder NetBeans, Systinet, GoodData

Tech businessmanStarted making his business in 1997

Jakub Nesetril - Apiary.io

Local HerosJan Gritzbach & Tomaš Hofer- AVG

Martin Rehak - COSE

Vaclav Muchna- YSoft

Michal Pechoucek - COSE

Ondra Tomek - NetCentrum

Ondřej Fryc - Mall.cz

Jan Řezab - SocialBakers

Eduard Kucera & Pavel Baudiš - Avast

Tomáš Čupr - Slevomat.cz, Dámejídlo.cz

Simon Vostry - Zoom

Dusan Senkypl - ePojisteni

Most active investors

5 Czech Startups to watch in 2015

5. Resources to get started

Accelerators

STARCUBE

Incubators

South Moravian Innovation Centre

Supported by University of Economics

Supported by University of Life Sciences Prague

Supported by Czech Technical University

Coworking SpacesNode5Impact HubLocusPracoovnaC3Era SvětCreative gateCOWO (Brno)Starcube (Brno)Viva (Ostrava)GUSH (Pardubice) http://www.gush.cz/

Engineering Schools

Czech Technical University in Prague, one of the largest in the country, is also the oldest

non-military technical university in Europe.

Technical University (Liberec)

Charles UniversityMasaryk University

Tech MeetUps

WebExpo conference for web professionals

http://2014.webexpo.cz/en/

Startup Summit

Devel http://devel.cz/konference

App Parade http://www.appparade.cz/

StartupCamp

Engage Prague http://www.engage2015.com/

BarCamp

Nápad Roku http://www.napadroku.cz/

Česká inovace http://www.ceskainovace.cz/

StartupYard Events

Thank you!

Appendix ★ http://www.expats.cz/prague/article/czech-companies/Surveying-the-Czech-Start-Up-Scene/★ http://www.eu-startups.com/2015/01/5-czech-startups-to-watch-in-2015/★ http://centraleuropeanstartupawards.com/#the-team★ http://byznys.ihned.cz/c1-61402650-mapa-ceske-digitalni-pustiny-opravdu-rychly-internet-maji-jen-3-

procenta-lidi★ http://kristalova.lupa.cz/2014/vysledkova-listina/ ★ http://www.doba-webova.com/cs/statistiky-pro-socialni-sit★ http://www.janrezab.com/list-of-top-czech-technology-companies-and-start-ups-updated/ ★ http://www.vyzkumy.cz/clanky/454-ceska-internetova-populace-v-cislech★ http://www.forbes.cz/10-lidi-z-ceskeho-byznysu-ktere-se-vyplati-sledovat-na-twitteru/★ http://www.czechict.cz/ict-v-cr.htm ★ http://tech.ihned.cz/★ https://www.cbinsights.com/research-european-tech-2014★ https://slack-redir.com/link?url=http%3A%2F%2Fwww.cnbc.com%2Fid%2F102236164 ★ http://www.janrezab.com/list-of-top-czech-technology-companies-and-start-ups-updated/★ INSPIRATION: http://bonjourlafrenchtech.com/paris-back/

★ http://theupstart.co/16828/infographic-boulder-is-for-startups/★ http://www.eban.org/★ http://www.cvca.cz/cs/★ http://www.slideshare.net/Coadec/startup-manifesto★ http://kasvustrateegia.mkm.ee/index_eng.html★ http://www.startupjobs.cz/en/blog/infografika-kdo-chce-pracovat-pro-startup★ http://withlove.sk/#★ http://thenextweb.com/insider/2012/10/09/how-pragues-smile-land-district-is-becoming-a-hub-for-czech-

startups/★ http://www.wbtcb.com/en/bitcoin-atm★ http://performance.ey.com/2012/06/06/how-czech-republic-is-attracting-foreign-investors/★ http://performance.ey.com/wp-content/uploads/downloads/2012/06/Performance-4.3-April-2012-Journal-v16-

p7079.Czech-Republic.pdf ★ http://www.virgin.com/entrepreneur/the-worlds-best-start-up-hubs-berlin-germany★ http://startuphub.pl/people/★ http://edu.deloitte.cz/Upload/Brochures/PDF/2014/CVCA2014.pdf★ http://www.iises.net/download/Soubory/soubory-puvodni/pp059-075_ijobm_2014V2N1.pdf★ https://datafox.co/lists/sean-moroney/prague-startups/★ http://www.czso.cz/csu/tz.nsf/i/prezentace_z_tk_domacnosti_a_internet/$File/csu_tk_internet_prezentace.pdf★ http://www.migrace.com/docs/141115_simi-zamestnanci-en-nahled.pdf