Objective Online Businesses are significantly different from traditional businesses due to a variety of factors such as relatively low entry costs, high word of mouth, low incremental costs, high efficiency of viral marketing strategies amongst others. Quick deployment, rapid prototyping, low cost of market tests and introduction along with the right business model and pricing strategy are some of the vital elements that can ensure success or failure. These challenges are quite daunting to cope even for seasoned entrepreneurs but much more challenging for younger entrepreneurs. While several startup initiatives, business accelerators and localised business support ecosystems have come up to provide these specialised skills and support services, the main barriers to a large scale web entrepreneurship ecosystem in Europe are:i) A significant gap between University Students who form the largest pool of potential young entrepreneurs and the business accelerators providing support to such initiatives.ii) Lack of internetworking between the various business accelerators, investors, mentors to coordinate their activities to reach a much wider audience across the widely dispersed European communities.iii) Lack of Business Analytical Tools that can help digital startups optimise their business models and pricing decisions. There is a strong need to develop an ecosystem of web entrepreneurship, where budding entrepreneurs can find the right support to let their ideas blossom into viable business models, with access to the necessary inputs such as funding, mentoring, and access to the necessary technical resources and IT skills. That is why 2 business accelerators from 2 different European regions: Portugal and Scandinavia came together to develop a coordinated set of support actions with the coordination of an academic partner (UNIDEMI) to leverage the use of the largest European Startup Web- Platform F6S for a range of activities that support web-startups. Programme(s) H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT) Main Programme H2020-EU.2.1.1.3. - Future Internet: Software, hardware, Infrastructures, technologies and services Topic(s) ICT-13-2014 - Web Entrepreneurship Call for proposal H2020-ICT-2014 See other projects for this call Sub call H2020-ICT-2014-1 Funding Scheme CSA - Coordination and support action Coordinator UNIVERSIDADE NOVA DE LISBOA Net EU contribution € 150 000,00 Address Campus de campolide 1099 085 Lisboa Portugal See on map Region Continente Área Metropolitana de Lisboa Área Metropolitana de Lisboa Activity type Higher or Secondary Education Establishments Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 Participants (3) Sort alphabetically Sort by Net EU contribution Expand all Collapse all F6S NETWORK LIMITED United Kingdom Net EU contribution € 136 250,00 Address 124 city road, city road EC1V 2NX London See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region London Inner London — East Haringey and Islington Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 CLUSTERLAND SWEDEN AB Sweden Net EU contribution € 148 750,00 Address Timmermansgatan 8 216 19 Malmo See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Södra Sverige Sydsverige Skåne län Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00 WILDTRIUMPHS LDA Portugal Net EU contribution € 149 375,00 Address Avenida duque de loule 12 1000-092 Lisboa See on map Region Continente Área Metropolitana de Lisboa Área Metropolitana de Lisboa Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 0,00
