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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  • A Smooth Start

    You are provided with 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 25.000 to 35.000 €.

  • Extensive Advice

    Through the Openfund you can tap on a pool of advisors covering all aspects of starting-up and growing.

  • Follow-up

    The end of the growth period does not result into the discontinuation of enjoying the benefits.

Advisors See all »

    • Alex Kombogiannis

      Alex Kombogiannis

      CEO, EventNow

      Alex Kombogiannis

      CEO and founding partner of EventNow - New York City, NY, US
      Alex Kombogiannis

      Alex Kombogiannis Having produced and developed successful online interactive companies for over 12 years now, Alex Kombos represents a new breed of web entrepreneurs who is helping to mainstream the interactive realm. Working with tier one top agencies, brands and high profile corporate groups, Alex has a keen ability to start up innovative services within specific industries that help users, consumers and clients establish new standards when it comes to internet services and applications. As of 2010 Alex is focused on his 4th startup which is EventNow.com. a new services which will revolutionize how people search and book local service providers for events and parties. It will be serving an industry that grosses more than 120 billion a year.

    • Dimosthenis Kaponis

      Dimosthenis Kaponis

      Software Engineer, Cosmical

      Dimosthenis Kaponis

      Software Engineer, Entrepreneur, Cosmical Technology - Athens, Greece
      Dimosthenis Kaponis

      Dimosthenis Kaponis is the founder and managing director of Cosmical Technology Ltd. and a Ph.D candidate at Imperial College London where he also got his M.Eng in Information Systems Engineering. At Imperial, he worked as a Research Associate in the Intelligent Systems and Networks group, during which time he worked on two European IST research projects, architecting an electronic contract-based trust mechanism in workflow management systems. Prior to founding Cosmical Technology in 2005, he worked as a consultant and contractor for a number of companies in the United Kingdom and Greece, specialising on software architecture, software engineering, distributed systems, security and algorithms.

    • Patrick Malone

      Patrick Malone

      CTO Microsoft Hellas

      Patrick Malone

      CTO Microsoft Hellas - Athens, Greece
      Patrick Malone

      Patrick Malone was born in Athens, and holds a BSc degree in Software Engineering from the University of Birmingham, and an MBA from the Athens Laboratory of Business Administration (ALBA). He has been working in Microsoft since 2005, initially as a Senior Developer Evangelist, starting 2006 as Architect Evangelist and since January 2008 as a Technology Director. The technology department is responsible for the company's relationship towards the software developers in the community, promoting the software platform, and also adaptation of the company's newer technologies in the market. Before Microsoft, ο Patrick was for 3 years an independent technology consultant in various organizations, while earlier he was the Technical Director of Broker Systems, a pioneering company that produced software for stock market agents. Patrick is married and has a 4 year old daughter and a son that just arrived, that make sure he has no free time at all – but the time he spends with them make the best parts of his day!

    • Dimitris Glezos

      Dimitris Glezos

      Founder, Indifex

      Dimitris Glezos

      founder, Indifex - Patras, Greece
      Dimitris Glezos

      Dimitris Glezos is the founder and product director of Indifex, which develops open-source, community-powered products for content localization and distribution. He holds a seat on the Fedora Board (the popular Linux distribution with an audience of 10M) and serves as its Translation Leader. He also holds a position on the Board of the Greek Entrepreneurs' NGO hub, OpenCoffee. His start-up interests revolve around community building, open culture and open source software.

    • George Saliaris-Fasseas

      George Saliaris-Fasseas

      ex-Country Manager, Google, Investor

      George Saliaris-Fasseas

      ex-Country Manager, Google - Athens, Greece
      George Saliaris-Fasseas

      George is the country manager for Google Greece, where has setup the Athens office. Prior to that he was Managing Director of OgilvyOne worldwide, Athens, the country's largest, most rewarded and successful interactive marketing agency. OgilvyOne, Athens handled the web campaigns of more than 50 blue chip brands and just in 2007 it won 24 Ermis Awards (including Grand & Innovation Awards), a New York Festival Award for Vodafone Live Feeds while being the only 4 star country in the global Ogilvy network. Until 2005 he was the founder and Managing Partner of yellownetroad (the leading greek interactive marketing agency which merged with OgilvyOne) focusing on serving clients in using technology to build relationships between themselves and their customers. Yellownetroad run successful e-relationship programs for Athenian Brewery (Amstel, Heineken) 20th Century Fox, Allianz, JWT, Germanos, Goodys, Lufthansa, Siemens, Toyota, Yahoo & Wunderman. Before that he was involved in the international fresh produce business serving supermarkets, working as a Marketing and Procurement Manager for Richard & Hochfeld (UK). He holds a BSc in Management Sciences from Warwick University and an MSc (with distinction) in Analysis, Design and Management of Information Systems from the London School of Economics. George has served in the board of Directors of EDEE and is a continuous education fanatic. He had been a keen athlete and a Greek national karate team member. He is fluent in Greek, English, French and speaks Italian.

    • Aggelos Maglis

      Aggelos Maglis

      CEO, Atlantis

      Aggelos Maglis

      CEO, Atlantis Consulting - Thessaloniki, Greece
      Aggelos Maglis

      Aggelos Maglis is the CEO and President of Atlantis Consulting group, and also a board member of Wadja Ltd. He holds a Civil Engineer diploma and postgraduate studies in Technological evolution and Industrial Strategy from the University of Manchester (Prest) UK. He is a member of the Evaluation Network of the General Secretariat of Research of the EU Commission, while he also represents Atlantis towards EU bodies such as the ETEPS (European Techno- Economic Policy Support Network) and the TII (Technology, Innovation, Information).

    • Dimitris Achlioptas

      Dimitris Achlioptas

      Professor, University of Athens

      Dimitris Achlioptas

      Professor, University of Athens - Department of Informatics and Telecommunications, Greece
      Dimitris Achlioptas

      Dimitris joined the Department of Informatics and Telecommunications at the University of Athens as a Professor of Algorithm Design in 2010. From 1998 to 2005 he was with Microsoft Research, Redmond and since 2005 with the Department of Computer Science UC Santa Cruz. In theory, his expertise lies in the interaction between randomness and computation and his work on that topic has appeared in journals including Nature, Science, and the Annals of Mathematics. For this work he has received an NSF CAREER award, a Sloan Fellowship, and the prestigious IDEAS grant from the European Research Council. In practice, he likes to think about scalability questions and holds 18 US Patents ranging from load balancing and cache optimization to privacy-preserving social search. He actively consults with a number of Bay Area companies. In his free time enjoys overworking.

    • Vasilis Vassalos

      Vasilis Vassalos

      Associate Professor AUEB

      Vasilis Vassalos

      Associate Professor, Athens University of Business and Economics
      Vasilis Vassalos

      Vasilis Vassalos is an Associate Professor in the Department of Informatics at the Athens University of Economics and Business. Between 1999 and 2003 he was an Assistant Professor of Information Technology at the NYU Stern School of Business. He has been working on the challenges of online processing of data from autonomous sources since 1996. He has published more than 35 research papers in international conferences and journals, holds 2 US patents for work on information integration, and regularly serves on the program committees of the major conferences in databases. He was a co-founder and CTO of Enosys Software, a pioneering data integration company that raised more than $10 million in VC funding and was acquired by BEA Systems (now Oracle Corp). He has led a number of publicly-funded research projects in the areas of online distributed information processing. Ηe was a Marie Curie Outgoing International Fellow in 2007-2008 visiting UCSD.

Latest blog posts Feed

The Openfund III - Call for Proposals Opens

The Openfund is happy to announce the opening of the call for proposals for its third round of opera ...

Mon, 10 May 2010 | 3 comments

Openfund II - Selection Results

We are happy to report the final results of the long yet fruitful selection process for the companie ...

Thu, 06 May 2010 | 3 comments

The Openfund - Demo Day I

We’re thrilled to invite you to the Openfund Demo Day, an event where all of our start-ups will fina ...

Sat, 17 Apr 2010 | 3 comments

Round 2 applications are in, stay tuned for the winners!

We are happy to report the successful conclusion of our second round of applications on February 28. ...

Mon, 08 Mar 2010 | 0 comments