ATHENS – For the third consecutive year, The Hellenic Initiative (THI) is actively supporting Greek entrepreneurship through the Venture Impact Awards (VIA), a program that has awarded $535,000 in cash prizes to 32 winning Greek start-ups since its launch in 2020. This year, THI wants to award $110,000.
VIA’s vision is to support Greece’s brightest and most talented teams creating scalable, sustainable businesses that also have a measurable positive impact on society. VIA’s original anchor donors were the estate of Charles C. Condes and the Helidoni Foundation, which was founded in 2019 by Dimitris and Sarah Georgakopoulos. The Hellenic Initiative, the largest Greek diaspora organization in the world and creator of the program, also provides funding.
VIA winners are selected not only for their ability to generate financial returns, but also for how their mission promotes innovation, human, social or environmental impact and promotes collaboration between different stakeholders.
VIA complements THI programs such as Venture Garden and the Athens Venture Fair, which have been working with high-growth startups since 2012, helping them raise capital, providing mentorship from experienced executives and supporting them as they expand their markets.
This year, THI is pleased to welcome Microsoft to the list of program partners and donors. In addition to partnering with THI as a donor to the awards, Microsoft will introduce its revamped platform for startups – Microsoft for Startups Founders Hub, which brings together people, knowledge and benefits to help founders solve startup challenges at every stage. Microsoft will guide winning startups through how to access and use free Azure-related products, support, and benefits. Through Founders Hub, eligible startups will have the opportunity to unlock Azure credits worth up to $150,000 for four years and enjoy a variety of benefits, including Microsoft tools, such as Visual Studio Enterprise, GitHub Enterprise, Microsoft 365, Power Platform , Dynamics 365 – 1:1 technical advisory sessions, 24/7 technical assistance, access to the Microsoft Mentor Network, access to Microsoft’s marketplace and AppSource, GTM funds, and customer activation support.
The awards will be presented at a special event on December 14 at the Stavros Niarchos Foundation Center outside Athens. Companies interested in applying should follow this link: www.ventureimpactaward.com/application and complete the application by November 20.
Harriette Condes Zervakis, representative of The Charles C. Condes Trust, stated: “We are pleased to be partnering with The Hellenic Initiative on this great project that actively supports new innovative ideas from young Greek entrepreneurs who are helping to jump-start the Greek economy. “
George P. Stamas, THI’s CEO, said that “THI’s goal is to develop the Greek innovation ecosystem. In our first decade, we have built a continuum of programs to support businesses from their earliest stages through to full business viability. The VIA is delighted to welcome Microsoft Greece as our partner this year, another step forward in THI’s ability to help build the new Greece.”
About the Hellenic Initiative
Mission: To invest in Greece’s future through direct philanthropy and economic revitalization, empower people to provide crisis relief, encourage entrepreneurs and create jobs. The Hellenic Initiative (THI) – a global movement of the Greek diaspora.
Visit THI’s website: thehellenicinitiative.org
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