Seedcamp follows hot on the heels of OpenCoffee as an initiative from Saul Klein to help develop the startup ecosystem here in Europe.
From the Seedcamp website:
Seedcamp is where Europe’s top young founders can come together in one place.From securing funding to developing the right network, young entrepreneurs in Europe face challenges in building globally competitive technology businesses. Through the provision of seed capital and a world class network of mentors, we want to provide a catalyst for Europe’s next generation of entrepreneurs.
We welcome Europe’s brightest and most ambitious young entrepreneurs to take part in Seedcamp.
If you have a true startup this is a great way to access some of the resources you will need to achieve success. It works as a competition though – so only the fittest will be survived.
For thos of you familiar with Y Combinator – Seedcamp will be a European equivalent.
