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 »

    • Christos Kalantzis

      Christos Kalantzis

      Data Architect, YouSendit

      Christos Kalantzis

      Data Architect at YouSendit.com, US
      Christos Kalantzis

      Christos Kalantzis received a B.COMM in Management of Information Systems from Concordia University in Montreal, Canada and completed his business graduate studies at McGill University in Montreal, Canada. He has used his business and technical knowledge to help start-ups, in both Montreal and Silicon Valley, by being able to bridge the gap between those two realms. He is currently the Data Architect for YousenIt.com, a late-stage startup in Silicon Valley, solving their massive data storage issues, and engineering data designs to allow them to scale infinitely in the future. Christos is a founding member of shivacode.com, a blog created to share enterprise software design principles and experiences from a few Bay Area engineers, who have been around the block a few times

    • Alec Karys

      Alec Karys

      CTO, mShopper

      Alec Karys

      CTO, mShopper - Boston, MA, US
      Alec Karys

      Alec Karys is currently the Chief Technology Officer (CTO) of mShopper, a company which provides real time price comparison, shopping and ad services over mobile devices, and he is also a Mentor at TechStars in Cambridge, MA. Alec has over 25 years of experience as an entrepreneur, technical team manager and consultant at Amazon.com and various other technology and services companies. He was also co-founder and served as the CEO of Synapse Ventures Group, a virtual incubator, which provided start-up services to early stage technology companies, and Cognate Technologies, an E-Learning company based on patent pending technology from MIT research. Alec received his MBA and Electrical Engineering degrees from Northeastern University and attended the Engineering Executive Program at Stanford University. Alec has two issued patents in medical protocol authoring and delivery, and he has four patents in process in the area of mobile commerce.

    • Andrew Hyde

      Andrew Hyde

      Community Director, Techstars

      Andrew Hyde

      Community Director, Techstars - Boulder, CO, US
      Andrew Hyde

      Andrew Hyde is a designer, community organizer and a coffee evangelist, recently working with Techstars as the Community Director. Among a number of start-ups, he has also founded Startup Weekend, focusing on community building and providing an encouraging introduction to entrepreneurship. Previously he has worked on Interaction Design projects for leading ad agencies, non profits, and political campaigns. Andrew enjoys riding his bike year round in the great town of Boulder, Colorado.

    • Andreas Acavalos

      Andreas Acavalos

      ex-General Manager, PWC

      Andreas Acavalos

      ex-General Manager, Price Waterhouse Coopers Consulting - Athens, Greece
      Andreas Acavalos

      Andreas Acavalos is a Management Consultant, specializing in organizational strategy. He has served for over 20 years as a Partner of PriceWaterhouseCoopers in Greece and was Managing Director of PwC Consulting S.A., the firm’s consultancy arm, until its divestment in 2002. He now operates as an independent consultant and serves on the Board of a number of companies in Greece and Switzerland.

    • 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).

    • Paraskevas Evripidou

      Paraskevas Evripidou

      Professor, University of Cyprus

      Paraskevas Evripidou

      Software Engineer, Professor, Dept. Chair
      Paraskevas Evripidou

      Undergraduate studies in Electrical Engineering at the Higher Technical Institute of Cyprus (H.N.D. in 1981) and University of Southern California (B.Sc. in 1985). Graduate studies at the University of Southern California (M.Sc. in 1986 and Ph.D in 1990 in Computer Engineering). He has taught at the University of Southern California, USA (part-time faculty, 1989-1990) and at the Southern Methodist University, USA (Assistant Professor, 1990-1994). His research interests are: Parallel Processing and Computer Architecture, Data-Flow Systems, and Functional Programming and Parallelizing Compilers. Paraskevas also set up the Cyprus Entrepreneurship Competition, an annual competition with an investment as the award.

    • 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.

    • 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.

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