Business advice & funding for start-ups

The Openfund aims to help entrepreneurs with fresh ideas to jumpstart their business while providing support on all things startup.

Having a groundbreaking idea?

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  • Smooth Start

    Full legal and taxation support, to get  your mind clear of anything other than your idea.

  • Seed Funding

    The Openfund provides start-ups with a seed capital ranging from €30.000 to 50.000.

  • Advice

    Tap on a pool of advisors covering all aspects of starting-up and growing.

  • Follow-up

    Keep enjoying the benefits after the end of the growth period.

  • Work remotely

    Working with the Openfund doesn't require you to relocate or travel regularly.

Advisors See all »

    • Nicolas Ampazis

      Nicolas Ampazis

      Assistant Professor

      Nicolas Ampazis

      Assistant Professor at the University of the Aegean, Entrepreneur - Chios, Greece
      Nicolas Ampazis

      Nicholas Ampazis received a BSc (Hons) degree in Electrical Engineering from Imperial College London in 1992, an MSc degree (with distinction) in Information Processing and Neural Networks from King's College London in 1995, and a PhD degree (with distinction) in Neural Computing from the National Technical University of Athens in 2001. During his PhD studies he received a scholarship from the National Center for Scientific Research "Demokritos", Athens, Greece. Since 2005 he is an assistant professor at the Department of Financial and Management Engineering at the University of the Aegean, Greece and received tenure for this position as a faculty member in 2009. His main research interests include collective intelligence, information retrieval, data mining, and recommender systems. In 2006 he launched one of the first Web 2.0 startups in Greece (Feeds 2.0) for which he received a Global Innovator Award from Guidewire Group and the first prize for best business plan at the 8th International Venture Capital Forum (2007).

    • Evangelos Simoudis

      Evangelos Simoudis

      Director, Trident Capital

      Evangelos Simoudis

      Managing Director, Trident Capital - Palo Alto, CA, US
      Evangelos Simoudis

      Evangelos Simoudis joined Trident Capital in 2005 as a Venture Partner and has been a Managing Director since 2007. Evangelos focuses on investments in Internet and Enterprise Software businesses. Prior to Trident, Evangelos spent 5 years as a partner at Apax Partners, a private equity and venture capital firm where he invested and served on the boards of early and mid-stage IT companies. At Apax he also chaired the firm’s IT advisory board. Prior to entering venture capital, Evangelos had more than 20 years experience in high-technology industries, in executive roles spanning operations, marketing, sales and engineering. His experience as a technology executive includes serving as President and CEO of Customer Analytics, a Trident-backed, eCRM company acquired by Xchange, Inc. (NASDAQ: EXAP), and as Vice President of Business Intelligence Solutions at IBM. Evangelos' current directorships include DesiHits, Hip Digital, Host Analytics and PivotLink Software. Prior directorships include Bristol Technology (acquired by Hewlett-Packard (NYSE:HPQ)), Composite Software, Confluent Software (acquired by Oracle Corporation (Nasdaq: ORCL)), Doppelganger (acquired by Hip Digital), Princeton Softech (acquired by IBM) and Vidavee (acquired by Vignette (NASDAQ: VIGN). Evangelos earned a PhD in computer science from Brandeis University and a BS in electrical engineering from Caltech.

    • Nayia Antoniou

      Nayia Antoniou

      Lawyer

      Nayia Antoniou

      Associate, Christopoulos and Associates
      Nayia Antoniou

      Nayia is an associate with the firm which she joined in 2008 as a trainee. Her practice is focused on Company & Commercial matters, advising on company establishment, corporate governance and the entry into all type of commercial contracts, including agency and distribution agreements. She advises in particular on the legal framework within which Cypriot companies operate in Greece. Nayia also represents clients in the registration of trademarks and competition law matters. Nayia qualified to the Athens Bar in 2009. She obtained her law degree from the Democritus University of Thrace in 2006 and an LLM in International Commercial Law from Westminster University, London in 2007.

    • Nikos Moraitakis

      Nikos Moraitakis

      Head of Strategy, Upstream Systems

      Nikos Moraitakis

      Head of Strategy, Upstream Systems - Athens, Greece
      Nikos Moraitakis

      Nikos Moraitakis is the Head of Strategy and Product Development at Upstream Systems. He had prior experience at Ernst & Young Athens, as a Senior Consultant in IT strategy and e-business. Nikos holds a BEng in Computing from Imperial College, London.

    • George Papadakis

      George Papadakis

      Co founder Phaistos Networks

      George Papadakis

      Co founder Phaistos Networks
      George Papadakis

      George is the Head Of Operations at Phaistos Networks since 1997. Having supervised the implementation of a plethora of web services (Pathfinder.gr, Adman.gr, Trinity.gr among others), he is knowledgeable enough in terms of how to incorporate up-to-date techniques while creating usable and accessible web applications.

    • Mark Alex Dimitriou

      Mark Alex Dimitriou

      Senior Analyst, Marfin Investment Group – Athens, Greece

      Mark Alex Dimitriou

      Senior Analyst, Marfin Investment Group – Athens, Greece
      Mark Alex Dimitriou

      Alex is a Senior Analyst at Marfin Investment Group (MIG). His work covers financial & treasury management, analysis, planning, reporting and control of MIG’s investments mainly in the sector of Financial Services as well as at Group level. He has been engaging independently in advisory services (business planning & development, strategy and marketing) for fashion, luxury and e-business start-ups as well as guest-lecturing to finance postgraduates. Alex is a graduate of the University of Essex with a BSc in Mathematics with Economics and holds an MBA from Cardiff Business School. He is also an Associate Member of the Chartered Institute of Securities and Investment and the Institute of Mathematics and its Applications.

    • Arda Kutsal

      Arda Kutsal

      General Manager, Crenvo

      Arda Kutsal

      General Manager, Crenvo Consultancy - Founder/Editor, Webrazzi.com - Istanbul, Turkey
      Arda Kutsal

      Arda Kutsal is an entrepreneur, business adviser and blogger living in Istanbul, Turkey. He is the author of the most popular Turkish Web 2.0 blog, Webrazzi and also General Manager of Crenvo Consultancy. Crenvo provides consultancy services to mostly internet companies about marketing, strategic management, investments, research and product management. He is one of the most influential people in Turkish internet market.

    • Stefanos Vasdekis

      Stefanos Vasdekis

      Serial Web Entrepreneur

      Stefanos Vasdekis

      Serial Web Entrepreneur - Athens, Greece
      Stefanos Vasdekis

      Stefanos Vasdekis received his diploma in Civil Engineering from National Technical University of Athens in 2003. In his first year as a student back in 1997, he co-founded with John Nousis his first business, a free web hosting company that was paying back its members. This project targeted the USA market and was sold in 1999. Since then, he has co-founded (always together with his soulmate John Nousis) several other web businesses in the fields of ecommerce, web publishing, software development, internet consulting, online travel reservations and social networking. Most have failed, while some are still running and three out of them already had a successful exit. Today, he focuses on small projects that target selected niches in a few European, Asian and American markets.

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Taxibeat raises a new angel round

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Tue, 06 Dec 2011 | 0 comments

The 5th call ends, all rounds in hindsight

To get this out of the way, we expect to deliver the first round of feedback to all applicants by Mo ...

Fri, 06 May 2011 | 0 comments

Round IV Winners are Announced, Round V Applications Open Up

Today is a big day for the Openfund. We are thrilled to announce 3 more companies entering the Openf ...

Thu, 17 Mar 2011 | 3 comments

As the 4th Call for Proposals Ends, the Real Action Begins

The call for proposals for our fourth round of operations was closed this midnight. First of all we ...

Wed, 01 Dec 2010 | 1 comments