Low Wages Drive Labor Shortages in Bulgaria and Europe
Labor shortages have become a key issue discussed at the recent EU Council of Employment and Social Policy Ministers (EPSCO) meetin
Vestbee, one of the leading European platforms for startups, VC funds, accelerators, and corporates, has just launched a new program, Vestbee Summer Pitch CEE, which connects startups from Central and Eastern Europe with global investors.
With Summer Pitch CEE, 100 carefully selected startups will have the opportunity to showcase their ideas, gain exposure, and connect with hundreds of VCs and business angels, a.o. Atomico, Creandum, Molten Ventures, OpenOcean, Beringea, Eleven Ventures, Flashpoint Venture Capital, OTB Ventures, Piton Capital, Dawn Capital, KAYA VC, 500 Global, Flyer One Ventures, BlackFin Capital Partners, Elevator Ventures, No Such Ventures, and many more.
What is offered to startups?
Shortlisted startups will have the exclusive chance to participate in an online Pitching Session, where they'll present their innovative solutions to hundreds of international VC funds and business angels, with a possibility to secure investment from Vestbee SPV and partnering VCs.
Summer Pitch CEE gives startups a unique opportunity to attract the attention of prominent global investors, receive fundraising support, tailored introductions, and investment alongside media visibility and startup perks and tools, including Mixpanel, Notion, Slack, Hotjar, Stripe, HubSpot, Zendesk and more.
Which startups are invited to apply?
The Summer Pitch CEE program is tailored to early-stage startups from the CEE region raising funds or planning to do so within the next few months for a pre-seed, seed, or series A round.
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Apply now before the deadline on June 28th, 2024.
For additional information on the timeline, selection process, and the benefits of the Summer Pitch CEE program, please visit this link.
The process of introducing the euro in Bulgaria is advancing, with the implementation of the Eurosystem’s TIPS (Target Instant Payment Settlement) service playing a central role
President Rumen Radev emphasized the stability of the Bulgarian National Bank (BNB), describing it as one of the most secure financial institutions in Europe
Preliminary data from Bulgaria’s Ministry of Finance indicates a slight reduction in the budget deficit for November compared to October
Mass layoffs have resurfaced in Bulgaria's labor market, with nearly 10,000 workers affected in the past two years
Bulgaria's banking system is on track to surpass three billion leva in profits again this year, following the record-breaking 3.4 billion leva reported in 2023
In 2023, the average gross annual salary in Bulgaria reached 24,485 leva, marking a 15.3% increase compared to the previous year
Bulgaria Ranks Second in the Balkans at Paris 2024 Olympics, 26th Overall
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