The Riga Venture Summit (RVS) is an international startup ecosystem policy roundtable discussion aiming to provide a deep dive into the realm of startup ventures. This year the topic of discussion will be focused on the best practice of corporate-startup cooperation.
On one hand, you have innovation-driven startups and success stories that change life as you know it with new technologies. On the other, you have well-established corporations that dictate the status quo in their industries. It is about time that these two camps were married. The organizers of the summit – Latvian Startup Association Startin.LV – have announced the details of the upcoming Riga Venture Summit 2018, an annually held event that this year will take place on February 7, 2018. The main topic of the Summit this year will be a thorough look into the opportunities of startup and corporate collaboration.
This year the RVS agenda offers several case studies that will be considered and showcased as different approaches to cooperation between startups and corporations. The interactive discussion panel will tackle the best and worst practices, and will also leave ample time for networking and idea exchanges.
The event will be opened by Arvils Aseradens, the Minister for Economics and Deputy Prime Minister of Latvia. The Ministry of Economics strongly believes that startups make a positive impact on the economy as a whole. The Minister will be accompanied by the Chairwoman of the Latvian Startup Association Startin.LV Egita Polanska, who also represents one of the most successful Startup Accelerators in the CEE region for B2B startups – Startup Wise Guys.
We have selected three case studies showcasing the different approaches of cooperation between Startups and Corporates. They will be presented in the format of a fireside chat.
1.Corporates and Platform: The Floor FinTech Hub, Israel.
The Floor FinTech Hub of Israel has changed the rules of the game for many startups and corporates and developed a successful middleman approach to bring these two parties together. Gil Devora, the founder and director of The Floor will be interviewed by Estonian media guru Tarmo Virki, who has co-founded CoFounder magazine and is arguably one of the most well-informed individuals on these topics in the industry.
2. Corporates and VC: Lietuvos Energija and Contrarian Ventures, Lithuania.
A very fresh cooperation case from our closest neighbours will be presented – Lietuvos Energija and Contrarian Ventures. Just recently CVentures has won a tender to become the managers of a venture capital fund established by the state-owned energy company Lietuvos Energija, who has invested 5 million EUR. Both parties will share their experience at RVS, speakers will include Rokas Peciulaitis of Contrarian Ventures and Andrius Juozapaitis of Lietuvos Energija.
3. Corporate and Accelerator: Telia and Jump, Denmark.
Another great example will be the Scandinavian telecommunication company Telia and their innovation programme JUMP aimed at collaboration and joint development with startups. JUMP aims to strengthen Telia´s drive to digitize everyone in Denmark by providing special conditions for startups to benefit from the participation. This case study will be represented by Lone Jensen, Telia and Cosmin Pirvu from startup IntelFlows.
To continue the discussion about Startups and Corporates, new opinions will be brought to the table to examine situations from a variety of angles. The discussion panel will be moderated by Daniels Pavluts and speakers we will include Craig Cannon, who is the Director of Marketing at one of the most famous accelerators – YCombinator , Andrea Rosen, Chief Innovation Officer at global matchmaking platform for B2B startups and corporates CUBE gmbh, Sectorial expert in Financial services and Insurance Juan Alonso-Villalobos who represents Startup Wise Guys’ new FinTech accelerator program in cooperation with Swedbank, two local startups AnatomyNext Sandis Kondrats, Nordigen Rolands Mesters.
The closing remarks will be presented by the godfather of the Latvian startup ecosystem – Andris K. Berzins, who will wrap up the main action points and lessons that the Baltics can learn to encourage our startups and corporates build stronger and more efficient cooperation.
The event is made in cooperation with our supporters Sorainen, Invest in Bavaria, Embassy of Israel, Embassy of the United States of America, CEBIT and TechChill.
The attendance is free of charge, but by invitation only. Contact firstname.lastname@example.org to discuss attending the event. More information can be found at rvsummit.co