Trend FM business radio (Hungary) Interview with the President of Women/Business/Angels
Czechstartupblog Interview with Eszter Szabo, president of the Women/Business/Angels Association, about her life mission
Növekedés.hu online business news portal (Hungary)
Világgazdaság business news online and offline
Nine angel investor training and nearly fifty international conference, gathering and business meeting and growing membership: the Women/Business/Angels Association celebrated its first anniversary in September 2018.
As the next strategic step, we organized a roundtable discussion focusing on „Business networks for innovation – designing the economic future” and invited key experts and business networks from Hungary. Peter Szalay, COO, IBM Hungary, member of our Advisory Board was kind and hosted the event. During the conversation we discussed the role of the business networks in strengthening the innovation ecosystem, their influence and connections. The outcome of the roundtable discussion was shared with the wider audience in the second half of the evening.
After the first part, the 10th pragmatic business angel investor training followed that was opened for all who had not joined the Association yet. This way they had the opportunity to gain experience about how unique these training sessions are, and enter into the Association, become a member.
This time Peter Tanczos, Director, Euroventures was our guest speaker. He talked about EPAM and Tresorit, why the investors saw the opportunity in them, and predicted their global success. Also, he explained why Euroventures had been working together with angel investors for a long time. He replied to all of these questions and many others coming from the audience with the moderation of Imre Hild, Partner, Global Traction.
This year Women/Business/Angels Association participated in the Krynica Economic Forum not only as one of the guest speakers, but we have become one of the official partners of the largest Davos like economic forum, organized in Poland on the 2nd week of September that attracts more than 4,000 decision makers and 800 journalists every year.
Hungary was represented by Adam Szigeti, State Secretary responsible for Innovation, Eszter Szabó, President of the Women Business Angels Association. This event was a significant opportunity for the Women/Business/Angels Association as we believe that winning in the global innovation competition is possible only if we think regionally, or even globally.
What can be the next economic model for CEE’s growth? This was the center of a debate among six known macroeconomists, from various countries and the President of Women/Business/Angels, Eszter Szabo on 6 September. Panelists of “The Difficult Escape from Stagnation. How to Boost Central European Economies?” session agreed that the region has caught up with the Western World by offering low-cost labor force.
The current question is how to develop a higher value-added economic model. Innovation, creativity, education, brand, regional collaboration within V4+ and the EU, labor force migration, all were among the possible tools touched upon.
Eszter Szabó talked about the role of local capital accumulation and introduced EBAN – The European Trade Association for Business Angels, seed funds, and other early stage markets as intellectual platforms with 300K members. Members who represent an additional source of capital, they invest their own money, knowledge, business network, and experience in somebody else’s company as angel investors. This money is an additional tool for boosting local entrepreneurship with global growth aspirations. It is not a surprise that this tool would be more effective, if we engaged more women together with more men for more innovation in CEE.
Snapshot of the mall of Krynica Economic Forum where every attendee meets during a dense get-together of regional decision makers and influencers every September. In 2018, it was the 28th time.
Krynica Economic Forum and Women/Business/Angels joined female executive breakfast 2018. This is the third time Krynica and Eszter Szabó hosted this breakfast. Women/Business/Angels has been on the Forum’s council for three years.
Nine angel investor training sessions, almost 50 international conferences, gatherings, business meetings, and increasing membership: the Women Business Angels Association celebrated its first anniversary in early September 2018.
Please click here to watch the video.
By working together with Hungarian Business Angel Network (HunBan), the ultimate strategic objective of the Women’s Business Angels Association is to increase the number of female decision makers in the innovative entrepreneurship sphere in Central and Eastern Europe. To achieve this, the Association applies three key initiatives: firstly, co-educated business angel investor trainings; secondly, acting as a knowledge center and disseminating information about new investment schemes; and thirdly linking cross-border networks innovation ecosystems.
The international recognition of what we do has been significantly increasing. We have already visited Norway, Israel, and lately we have been invited to Prague as well to meet the key players of the local innovation ecosystem. What’s more, we have already hosted business women delegations from Norway and Albania.
As one of the guest speakers, we participated in the Krynica Economic Forum, the largest Davos like economic forum, organized in Poland on the 2nd week of September that attracts more than 4,000 decision makers and 800 journalists every year. Hungary was represented by Adam Szigeti, State Secretary responsible for Innovation, Eszter Szabó, President of the Women Business Angels Association. This event was a significant opportunity for us as we believe that winning in the global innovation competition is possible only if we think regionally, or even globally.
At the latest occasion of our business angel trainings that are unique in the Hungarian market, we celebrated our first anniversary, where one of the members of our Association, the well-known data scientist, and innovative social platform builder, Attila Petróczi talked about a very thought provoking topic that generated lots of lively conversations among the participants: „What does it like going through the growth phases of a startup company within the organization?” Attila took an active part in the formulation and development of the Data Science Budapest Meetup group in Budapest, and one of the key organizers of the global CRUNCH Data Engineering and Analytics Conference.
Eszter Szabó, president of Hungaryʼs Women/Business/Angels Association, was invited to address participants at one of Scandinavia’s largest innovation meetings, Seed Forum Global, at the Oslo Opera House on June 12, according to a press release sent to the Budapest Business Journal.
Please read the entire Budapest Business Journal article here:
Eszter Szabó, center, at a cultivation and partners event in Oslo involving Women/Business/Angels and the Norwegian Business Angel Network (NorBAN) lead by Jorn Lein-Mathisen, Managing Director of Business Angels Noway, International House founder.