News from the European Founders network





Friday, November 2, 2007, 2:32 PM

 
NFTE awards young peopleā€˜s business ideas
 
The Network For Teaching Entrepreneurship (NFTE) invites several teen future entrepreneurs to present their business ideas in Berlin. The ceremony on Nov. 16, 2007 is held under the patronage of Ursula von der Leyen (Federal Minister for Family Affairs). The winner will represent Germany at the annual NFTE event in New York in 2008.
NFTE Germany e.V. helps young people from deprived communities build skills and unlock their entrepreneurial creativity. NFTE is supported by the European Founders Fund.

 

Tuesday, September 11, 2007, 12:53 PM

 
European Founders Fund takes a stake in Sport1.de
 
The European Founders Fund is investing in sport1.de with the aim to further leverage growth of the portal. Besides augmenting community features, new business and commercial models shall be conceived. Being Germany's largest sports portal, Sport1 offers comprehensive coverage on more than 20 different sports.
  • Operator: Sport1 GmbH (Ismaning, Germany)
  • Investors: European Founders Fund, EM.Sport Media
  • Founded: 1999
  • Broadest editorial sports coverage in Germany
 

Tuesday, September 4, 2007, 4:04 PM

 
MyVideo about to be taken over by ProSiebenSat1 completely
 
With the sale of MyVideo.de to ProSiebenSat1, the European Founders Fund again led a very successful exit. The remaining shares of about 30% have been sold to ProSiebenSat1 for a total of 19M Euro. The prosperous video community is amongst Germany's largest websites.
  • Founded: 2006
  • Principal office in Bukarest/Berlin
  • Approx. 568M page impressions a month (Sept. 07)
 

Monday, June 25, 2007, 10:07 AM

 
United Internet AG and European Founders Fund are joining investment forces
 
The European Founders Fund (EFF) and the United Internet AG are expanding their successful networks by augmenting their preexisting cooperation. The Know-how brought in by the EFF is complemented reasonably by the enormous reach of United Internet's website portfolio, with EFF startups benefiting substantially from the enhanced cooperation.
  • United Internet operates leading German websites such as gmx.de (7,6M unique visitors/month), web.de (11,3M unique visitors/month) and 1&1 (3M unique visitors/month)
  • 1&1 founded in 1988 by Ralph Dommermuth
  • Other Investments: Adlink, Affilinet, Sedo