A Milestone Memorandum
The event commenced with a landmark moment: the signing of a Memorandum of Understanding between Mr. Ardian Hoxha, President of KFSEE, and Mrs. Delina Ibrahimaj, Minister of State for Entrepreneurship and Business Climate. Also involved was the State Agency for the Support and Development of Startups and Facilitators. This agreement aims to significantly strengthen the network of angel investors, drive legislative improvements to foster entrepreneurship, and enhance investment mechanisms both in Albania and throughout the region. This partnership underscores a shared commitment to creating a supportive environment for startups and fostering a culture of innovation.
A Hub for Innovation
KFSEE is rapidly becoming a crucial hub for new initiatives in Southeast Europe, consistently organizing significant panels such as the “Fireside Chat.” This panel, moderated by Ravik Mima, CEO of KFSEE, featured insights from industry leaders including Zach Coelius, Partner at Coelius Capital, Silicon Valley; Francesco Cracolici, Executive Director of Nomadic Minds, Silicon Valley; and Stevica Kuharski, Partner at Fil Rouge Capital, Zagreb. Their discussions provided invaluable insights into the current trends and future directions of the entrepreneurial landscape. They addressed key issues such as growing startups, securing funding, and utilizing technological advancements, all of which were met with keen interest from the audience. The interactive nature of the session allowed participants to engage directly with these experts, gaining firsthand advice and establishing valuable connections.
Spotlight on Startups
The highlight of the day was undoubtedly the presentations from five innovative startups:
1. Cleanex from Albania, which connects Airbnb property managers with independent cleaners, offering a seamless solution to a common problem faced by property managers.
2. TradeSmart from Montenegro, which offers a multifunctional platform for secure international payments, addressing the growing need for secure and efficient cross-border transactions.
3. Hexidea from Kosovo, which provides comprehensive business solutions through artificial intelligence, helping businesses optimize their operations and decision-making processes.
4. Patoko from Albania, awarded Startup of the Year at the ICT Awards, which connects users with mobility service providers, offering an innovative solution to urban mobility challenges.
5. Mushroom Genetics, founded by a Russian entrepreneur in Albania, which produces high-quality dietary supplements from mushrooms, tapping into the growing health and wellness market.
Each startup had the opportunity to pitch their ideas, showcasing their innovation, market potential, and business strategies. The pitches were followed by a Q&A session, where the entrepreneurs answered questions from the audience, providing further insights into their business models and future plans.
Networking Under the Stars
After the presentations, an exclusive networking session was held, marking the first of its kind at the top of the Pyramid. This unique setting provided a stunning backdrop as participants mingled and exchanged ideas under the sunset. The networking session facilitated meaningful interactions among entrepreneurs, investors, and industry experts, fostering potential collaborations and partnerships. Participants had the opportunity to discuss their ventures in a relaxed yet dynamic environment, receiving personalized advice and feedback from seasoned professionals.
Looking Ahead
KFSEE is committed to nurturing the entrepreneurial ecosystem in Southeast Europe. The next call for entrepreneurs is set to open in July, with the following event scheduled to take place in Pristina, Kosovo. This forward-looking approach ensures that KFSEE remains at the forefront of supporting and promoting innovation in the region.
Join the Movement
Membership in the forum, which currently includes 40 members, remains open to all investors, entrepreneurs, media, and other key ecosystem players. By joining KFSEE, members can contribute to the development of the region’s innovation landscape, gain access to exclusive events, and become part of a dynamic network of like-minded individuals. The forum offers a unique platform for sharing knowledge, exchanging ideas, and collaborating on initiatives that drive growth and development.
The third edition of KFSEE Pitch Day was a resounding success, highlighting the vibrancy and potential of the entrepreneurial ecosystem in Southeast Europe. As KFSEE continues to grow and expand its reach, it remains dedicated to fostering a culture of innovation, supporting startups, and creating opportunities for entrepreneurs to prosper.
www.keiretsuforumsee.com
www.linkedin.com/in/ardianhoxha
BY Egli HAXHIRAJ, Anamaria MESHKURTI and Jonida GJUZI
© All Rights Reserved Moneys Media Ltd Geneva, Switzerland.
