Eurobank is emphasizing on developing entrepreneurship among young people through the support of start ups

Eurobank is emphasizing on developing entrepreneurship among young people through the support of start ups, Mihalis Vlastarakis, managing director of marketing, corporate communication and customer relation said, addressing a Capital + Vision conference last week.

Vlastarakis referred to the brain drain phenomenon (Greece loses 50 billion euros in national wealth) the flea of young scientists abroad because of the economic crisis, and stressed that an Egg-Enter Grow Go program, with the contribution of Corallia (Clusters Initiative), is focusing on supporting and developing young entrepreneurs.

In this framework, Eurobank has earmarked a 1,500-sq.m. building as a working environment space with modern systems and technology and a full package of consultancy services covering all stages needed for a company to develop.
“We have 185 young enterpreneurs and 54 companies with an annual turnover of more than 2.0 million euros already operating,” Vlastarakis said. He added that eight out of 10 new ideas are becoming enterprises.