The egg – enter•grow•go Innovative Youth Entrepreneurship Programme embarks on its first extroversion business delegation for 2019 to Israel, with 12 Programme companies participating.

The delegation mission will take place from 19 to 24 January 2019 and forms part of the extroversion programme carried out by egg – enter•grow•go in the last years, having given the chance to 52 new companies to network abroad with delegations to Europe, the USA, Canada and the Middle East, and make the most of valuable technical know-how. The upcoming delegation to Israel is supported by the Israeli embassy in Greece, in partnership with the MIT Enterprise Forum of Israel. The 12 egg companies are active in the following sectors:

The Deputy CEO at Eurobank, Mr Stavros Ioannou, stated, “In a decisive moment for the Greek economy and in the context of the collective effort required to lay the foundations for sustainable recovery, Eurobank has been consistently supporting talented and capable scientists and entrepreneurs. Through egg we create opportunities for new, healthy, innovative businesses at their inception, focusing on supporting their extroversion and securing valuable tools on all levels. Today, 12 egg startups make the most of a valuable opportunity, travelling to Israel, one of the most powerful ecosystems in the international community of startup entrepreneurship and innovation; we are helping very promising new businesses to expand their horizons, paving the way for international networking that can prove crucial for their development and their business consolidation.”.

Israel’s Ambassador, Mr Irit Ben-Abba, noted, “We are quite pleased that egg is sending a delegation of 12 representatives of Greek startup companies on a research visit to Israel. It demonstrates that Eurobank believes these companies can acquire know-how, perhaps even potential investors, through their contacts with the developed ecosystem of startup entrepreneurship and innovation in Israel. At yesterday's meeting with the representatives of the companies that will participate in the delegation, we witnessed yet again the great talent in the emerging Greek ecosystem of innovation and the enthusiasm shared by the young entrepreneurs and the Bank for the development of youth entrepreneurship in Greece and the cooperation with Israel. We were impressed by their very good preparation for the visit, which is being organised in partnership with MIT Enterprise Forum Israel, one of the most respected organisations in Israel for promoting entrepreneurship in the country. The visit forms part of the initiatives of the Israeli Embassy in Athens to support Greek startup entrepreneurship and the interconnection of Greek and Israeli innovation ecosystems.”

The egg extroversion programme is an important pillar of Eurobank’s strategy to enhance the extroversion of healthy entrepreneurship at all stages of its development. Educational and business delegations abroad take place every year through this programme, in partnership with the world’s largest universities, and entrepreneurship organisations and institutions in the destination countries, aiming to link these companies with mature startup ecosystems abroad, as well as potential customers, partners and investors. Israel has one of the most developed startup ecosystems worldwide and every year it welcomes companies and organisations from many countries, in an effort to support them and provide know-how for the development of their own startup ecosystems.

In the context of its extroversion program, last year Eurobank secured an important agreement with the internationally acclaimedRyerson University based in Canada, aiming to strengthen young and innovative Greek entrepreneurship through synergies between Eurobank and the DMZ, the business accelerator for startups operating as a unit within Ryerson University. In addition, in recent years egg has sent a significant number of extroversion delegations to large foreign centres, including Boston, London, Barcelona and Berlin.