The annual Investor Summit Liechtenstein took place last week. Seven selected startups presented their business models to investors and business angels.
The goal of the annual Investor Summit Liechtenstein is to connect startups with investors and decision-makers and to promote Liechtenstein as a startup hub. It was the 10th repetition of the event. Just like last time, it had to take place virtually.
Hundreds of participants followed the startup pitches in the live stream from home or at work. The event does not only present Liechtenstein-based businesses but startups from the entire German-speaking region.
The virtual format enabled the organizers even to extend the reach. That said, all companies presented have direct connections to Liechtenstein, either through their headquarters, investors, or customer relationships.
Liechtenstein as the place to do business
The event was kicked off by moderator Sunnie Groeneveld and Deputy Prime Minister and Minister of Economic Affairs Sabine Monauni.
In her opening speech, she explained that more than 600 new companies had been founded in Liechtenstein this year alone. Quite a lot, especially considering that COVID still lingers around – the outbreak of the Omicron variant last week reminded us.
Monauni invited the audience to Liechtenstein by saying, “Liechtenstein is a strong and reliable partner for you – valued start-up entrepreneurs – today and in the future.”
She’s right; Liechtenstein does offer many advantages for startups, from quick and unbureaucratic processes to unrestricted market access to the economic areas of Switzerland and Europe and high investments in research and development and the digitalization of the economy. The proximity to Germany and Switzerland also connects Liechtenstein with several leading technology hubs.
The startups presented during the event were great examples of the region’s innovative power. An independent jury had selected seven startups out of more than 50 applications, which were given the opportunity to pitch their ideas to the audience. All companies were either from Liechtenstein or Switzerland.
The selected startups presented a range of business models: from blockchain solutions to digital financial service platforms and innovations for the shipping industry.
The following startups presented on the virtual stage: Aequitec, Aisot, Crowdlitoken, Gossik, Kaspar&, Swiss Ocean Tech, and utry.me.
Events during COVID
The COVID pandemic still makes physical events troublesome. Nevertheless, it is planned to hold a physical investor summit in the first half of 2022 in the city of Schaan. The Investor Summit Liechtenstein is attended by more than 200 business angels, financial service providers, and business enthusiasts from German-speaking countries every year. It’s a great opportunity for companies to present themselves, for investors to connect with innovative startups, and for an interested audience to learn what’s going on in the startup world right now. It’s also a good event for outsiders to learn what is possible in Liechtenstein.
The event is sponsored by the Liechtenstein government and supported by numerous companies, business associations, network partners, and institutions. The main partners are the prosperity company and BDO (Liechtenstein). The event is organized by the event agency Skunk AG.
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