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Startup Scene in Bosnia Heats Up: Country's First Venture Fund Officially Launches
Yahoo Finance· 2025-10-29 17:01
Core Insights - The launch of Cloud Health EuroVentures marks a significant development in Bosnia's startup ecosystem, aiming to nurture a new generation of entrepreneurs and establish a venture capital framework to support early-stage startups [2][6][18] Fund Overview - Cloud Health EuroVentures is the first venture capital fund in Bosnia and Herzegovina, with a target to raise $10 million to invest in 10 to 12 early-stage startups focusing on digital health, life sciences, and artificial intelligence [2][5][6] - The fund has already raised $2 million and has begun deploying some of this capital [2] Market Potential - Bosnia has a strong pool of medical professionals, producing a high number of doctors and specialists per capita, which positions the country well for health sciences and life sciences startups [8][7] - The fund aims to leverage local expertise and infrastructure, including newly built private hospitals, to test and develop new technologies and solutions [10][9] Investment Strategy - Cloud Health intends to focus on startups that can scale globally, particularly in the United States, which is viewed as a unified market with significant potential [15][16] - The fund has reviewed over 40 company proposals and has already invested in two startups that utilize artificial intelligence for healthcare administration and personalized insurance plans [14][15] Ecosystem Development - The establishment of Cloud Health is seen as a catalyst for further investment in Bosnia, encouraging other funds to emerge and fostering a shift from reliance on remittances to an economy driven by innovation and investment [18][17] - The fund's founders believe that the recent rise in tech sector acquisitions indicates a growing understanding of global market dynamics among Bosnian entrepreneurs [17]
From Brain Drain to Brain Gain | Rohit Tiwari | TEDxKPRIT
TEDx Talks· 2025-10-23 15:45
India's Talent Reverse Brain Drain - India is transitioning from a talent-exporting nation to an attractive destination for talent and opportunities [9] - Professionals and students are returning to India, indicating its growing importance as a hub for innovation and extended headquarters [9] - India's rapid economic growth, especially in technology, science, and research sectors, is a key factor driving this talent return [10] - The booming startup ecosystem, with over 160,000 registered startups, is creating opportunities and welcoming the diaspora back to India [13] - Visionary policies like Startup India, Make in India, and Atmanirbhar Bharat are encouraging professionals abroad to return and build their careers in India [15] Global Capability Centers (GCCs) - The number of GCCs in India has grown significantly, from a few in the early 2000s to approximately 1,700 today, and is projected to reach 2,200 by 2030 [16][17] - GCCs are evolving from back-office operations to innovation powerhouses, focusing on product development, analytics, and strategy [18] - The professionals and diaspora are taking on significant roles in running these GCCs in India [19] Factors Contributing to Reverse Brain Drain - Improved infrastructure, research facilities, modern education institutes, and healthcare are attracting talent back to India [19] - The availability of amenities and a lifestyle comparable to those abroad is also a factor in the return of talent [20] - Restrictive immigration policies and political uncertainties in some developed countries are contributing to the reverse brain drain [23] Educational Institutes and Innovation - Institutes like IIT Madras have incubated over 100 startups and filed over 400 patents, while IIT Kanpur has incubated over 400 startups [24] - A complete ecosystem is being built with thousands of incubators across the country, fostering innovation and attracting talent [25]
Reprogramming Rural India | Suraj Patel | TEDxMNNIT
TEDx Talks· 2025-08-01 15:07
Innovation and Transformation - Highlights the importance of aspiration, innovation, and execution as key ingredients for transformation [1] - Discusses the creation of a zero-cost, Hindi-based coding platform using a Telegram bot to enable coding education with just a mobile phone [1] - Mentions the concept of adaptive learning, a middle step between AI-based and static learning, which adjusts the difficulty level based on a child's ability [2] Socio-Economic Development - Addresses the socio-economic strata and the importance of their development for overall progress [1] - Describes an initiative to rejuvenate a river by utilizing social contributions from the local population and convergence of different departments [1] - Notes that at the time of India's independence, literacy was at 18%, GDP was $30 million, and there were 150,000 telephone lines [2] - Aims to achieve 100% literacy by 2047 with digital, functional, and numerical learning components [2] Technological Advancement and Competition - Emphasizes the need for a leapfrog mentality to compete with and surpass countries like the US and China [2] - Suggests focusing on areas like space (low-cost spacefaring), solar cells, and nuclear propulsion to gain a competitive edge [2] - Highlights the importance of indigenous devices and care infrastructure for an aging population [3] - Mentions the goal of achieving a $10 trillion economy and the need for deep tech startups, as well as a micro-startup revolution [3] Digital Divide and Data Sovereignty - Acknowledges the digital divide and the need to bridge it [4] - Encourages work in sensor-based agriculture and hyper-spectral imaging [4] - Highlights the challenges to data sovereignty due to reliance on Western-built tools [4] Social Transformation through Technology - Describes using portable X-ray machines with AI algorithms for TB screening, enabling quick results in remote areas [4]
Unlocking the True Potential of Academia for Viksit Bharat | Umesh Rathod | TEDxSAKEC
TEDx Talks· 2025-06-24 16:16
Let's not begin with what we are but what we could have been. Imagine India of 1947 we have just got independence. What could have happened if we could have adopted not the clerical you know job creation uh education system for the British Empire but rather an opportunity for education uh you know ecosystem where we cultivated creators risktakers and nation builders.What if our classrooms were not about silence and obedience but about dialogue, discovery and dissent. Right. What if we instead of rewarding m ...