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Prague is a great place to build a startup, but most of the early-stage Czech entrepreneurs we speak to are not aware of the local resources that are available to help them.

With applications for the Prague Founder Institute now open, we are excited to release the Prague Startup Ecosystem Canvas, which is currently in Draft v1 below! It was developed by the Prague Founder Institute and local leaders Clare Kennedy, David Costello, and Matt East

This is just a DRAFT, and while we spent many hours on this research, more input is needed. Please leave your comments on this collaborative Google document to help us complete the list. There are definitely omissions on this current version. 

Are you looking to start a company in the Czech Republic? Then apply to the Prague Founder Institute today!

Text version included below, for ease of searching:

Startup Stages


There is no one right way to build a technology company, but for the sake of simplicity we have outlined a basic, common, sequential framework.

1. Idea Stage

This is where new entrepreneurs get inspired, learn best practices, develop skills, validate ideas, and begin to build their team and product.

A. Inspire

  • Startup Media: Centralized local information, listings, and news. (i.e. startup blogs/ publications/ lists/ FB groups/ newsletters, Startup Digest)
    1. 150sec Prague
    2. CzechCrunch
    3. CzechStartups
    4. Peter Ocasek blog
    5. Petr Šrámek Blog
    6. Startup Digest Czech Republic
  • Inspirational Events: Open, inclusive, beginner startup events (i.e. Startup Weekend, idea fairs, and inspirational meetups)
    1. Agile Prague Conference
    2. Future Port Prague
    3. Ideas Worth Sharing
    4. Machine Learning Prague Conference
    5. Morning Talks
    6. Paralelni Polis Bitcoin Meetup
    7. Startup Europe Week Prague
    8. Startup Festival 2018
    9. Startup Live Prague
    10. Startup Weekend Prague
    11. TECH Talks Meetup Prague
    12. TechTea
    13. TopMonks Caffè

B. Educate

  • Best Practices: Beginner knowledge-sharing events. (i.e. beginner events that serve to educate more than inspire, like 1 Million Cups, Startup Grind, Startup Founder 101, etc).
    1. [Pro]Test
    2. Agilni Open Cafe Praha
    3. Asociace UX
    4. Avast Prague C++
    5. Big Data Prague
    6. Czech Scala Enthusiasts
    7. CZpodcast
    8. ElmPrague
    9. Firemní Semináře
    10. FSharping
    11. Future of Data: Prague
    12. Hive Talks
    13. Hyperledger Prague
    14. Machine Learning Prague 2019
    15. MySQL, MariaDB and MongoDB talks, CZ
    16. OpenStack Czech User Group Meetup
    17. Pipedrive Garage Prague
    18. Prague .NET Meetup
    19. Prague Artificial Intelligence & Deep Learning
    20. Prague Data Driven Enthusiasts
    21. Prague Data Management Meetup
    22. Prague Ethereum Meetup
    23. Prague Mobile Development Meetup
    24. Prague Python Meetup NaPyVo
    25. Prague R Meetup Group
    26. Prague VR & AR Meetup
    27. Prague.rb
    28. SEMrush Prague Marketing Meetup
    29. Startup Founder 101 Prague
    30. Startup Grind Prague
    31. Swift Prague
    32. Vue.js Prague
    33. Y Soft: Technology Hour Prague
  • Training & Feedback: Skill & Idea development. (Ex. bootcamps and comprehensive training programs, like Founder Institute, General Assembly, Lean Startup Machine, code camps, etc)
    1. Code Camp
    2. CodeRetreat CZ
    3. Coding Bootcamp Praha
    4. CryptoLab Paralelni Polis Meetup
    5. Czech PASS
    6. Czech & Slovak Hadoop User Group (CS HUG)
    7. CzechStarter
    8. Data4You
    9. Develop a Successful FinTech Entrepreneur Startup Business Today! - Prague
    10. Docker Prague
    11. Founder Institute
    12. Frontendisti.cz Praha
    13. GDG ČVUT Prague
    14. GDG Prague
    15. Graph Database - Czech Republic
    16. Lean Startup Machine Prague
    17. Learn to Code - Data4You & Coding Bootcamp Praha
    18. Machine Learning Prague
    19. MSD IT Meet Ups
    20. prag.ex Elixir & Erlang in Prague
    21. Prague AWS User Group
    22. Prague Blockchain Meetup
    23. Prague Containers Meetup
    24. Prague DevOps Meetup
    25. Prague Full-Stack Developers Meetup
    26. Prague Golang Meetup
    27. Prague Julia Programming Group
    28. Prague Lambda Meetup
    29. Prague PostgreSQL Meetup
    30. Prague Ruby Meetup
    31. Prague Startup Consulting
    32. Prague Startup Idea to IPO
    33. Prague Startup Lab
    34. PragueJS
    35. ProductTank Prague
    36. PyData Prague
    37. PyWorking Sessions - Praha
    38. Reactive Meetups Prague
    39. Sketch & Design - Prague
    40. STRV Meetups
    41. Xamarin Developers Group Czech Meetup

C. Validate

  • Team Formation: Resources for teaming up. (i.e. events or other resources that facilitate early-stage recruitment and cofounder matching)
    1. Agile Kitchen
    2. CoFoundersLab
    3. Freelancers & Digital Nomads in Prague
    4. FounderDating
    5. Founders Network
    6. JobsDev.cz Meetup
    7. NerdDinner CZ
    8. Prague Developers
    9. Prague Entrepreneur Fast Track
    10. Prague Entrepreneurs Meetup
    11. Prague Innovators
    12. Prague Scrum Beer
    13. Startup Milestones Prague
    14. Startup Prague
    15. StartupJobs
    16. Young Makers
    17. Build First Product: Hackathons & resources to build. (i.e. hackathons and other builder-focused events and resources)
    1. ActinSpace Hackathon
    2. Applifting Meetup
    3. CocoaHeads Prague
    4. FutLab
    5. Hackerspace Prague [brmlab]
    6. HackPrague
    7. Hacks/Hackers Prague
    8. Learning by Doing (Programming)
    9. MakersLab
    10. Paralelní Polis
    11. Prague 3D Printing Meetup
    12. Prague Game Developers Meetup
    13. Prague INSPIRE Hack 2018
    14. Prague Software Craftsmanship
    15. PrusaLab
    16. Smart Health Hackathon Prague 2018
    17. Status Hackathon
    18. Storyous DEV
    19. The Cave
    20. Winding Tree Hackathon

2. Launch Stage

In this stage, entrepreneurs establish and formalize the company, develop the product, get feedback from customers, and prepare for the next step.

A. Start

  • Establish: Law firms & banks for startups
    1. Air Bank
    2. Bird & Bird
    3. CEE Attorneys
    4. Citibank
    5. Clifford Chance
    6. Commerzbank
    7. ČSOB
    8. Deutsche Bank
    9. DLA Piper
    10. Equa Bank
    11. Fonville Legal
    12. HSBC
    13. Marián Čuprík Attorney
    14. mBank
    15. Oberbank
    16. Pavelka Law
    17. Raiffeisenbank
    18. Simonovska IP
    19. STEINIGER Law Firm
    20. UniCredit Bank
  • Workspace: Co-working and flexible workspaces (note: “official” office space goes in 3.1.a. Infrastructure)
    1. ANiMiKA HUb
    2. Coworking PORT
    3. Coworking Prague
    4. EveryDay Coworking
    5. HubHub
    6. Impact Hub Praha
    7. IN-SPIRO
    8. K10 Coworking
    9. Locus Workspace
    10. Node5
    11. Opero
    12. Paper Hub
    13. Pracovna
    14. Prague Startup Centre
    15. Smart Coworking
    16. Sněmovní 7
    17. Startup Yard
    18. SVĚT-HUB Coworking
    19. WeWork (coming soon)
    20. WorkLounge
    21. yako:doma

B. Develop

  • Formalize: Accounting, development and HR for early-stage startups.  
    1. Ackee
    2. Alexio
    3. AMA Accounting
    4. Applifting
    5. Blueberry
    6. CATO Accounting
    7. Dorset Recruitment
    8. Ecovis
    9. HR Spectrum
    10. InterEco
    11. Juicymo
    12. MxB Ltd.
    13. OPTIMA RECRUITMENT EUROPE
    14. People Place
    15. Pixelmate
    16. STRV
    17. Vistra
    18. WDF
    19. Zitemedia
  • Prepare for Seed: Incubators and advanced mentorship. (i.e. advanced knowledge sharing, later stage events and resources for startup TEAMS, Startup Next, etc)
    1. AI Startup Incubator
    2. Blockchain Hub Prague
    3. BOLT
    4. eClub Prague
    5. ESA Business Incubation Centre
    6. i&i Prague
    7. ITACA Business Incubator
    8. Prague IoT & Smart City Incubator
    9. Prague Startup Centre
    10. Prague Startup Market
    11. RARE Technologies Student Incubator
    12. Smart Coworking Incubator
    13. UP21

C. Launch

  • Seed Accelerators: Seed funding mentor programs (Techstars-style programs that provide funding)
    1. CzechAccelerator
    2. Startupbootcamp Commerce
    3. StartupYard
    4. UP21
    5. xPORT VŠE Business Accelerator
  • Pitch & Demo: Show local startups for investment (i.e. demo days for companies seeking seed investment)
    1. Coding Bootcamp Praha DemoDay
    2. Czech Demo Pitch Night
    3. Pitch AI Day 2018
    4. Pitch Raw Session
    5. PowerUp! Competition
    6. Prague Startup Office Hours: Get Business Advice from Experts
    7. Seedstars World Prague
    8. Startup Funding EuroTOUR Prague
    9. Startup Live Prague
    10. Startup WorldCup & Summit 2019
    11. StartupYard Batch X Demo Day
    12. Women Startup Competition

3. Growth Stage

Here, a startup proves their utility, receives recognition, and scales up. This usually requires funding, angels, VCs, and ways to connect them to startups.

A. Recognition

  • Investor Networking:  Connect professional investors with founders. (i.e. events or groups that facilitate connections with professional investors)
    1. 0100 Conferences
    2. China Investment Forum - Prague
    3. Czech Republic Investment Network
    4. European Association of Peer to Peer Lenders
    5. IBForum
    6. Keiretsu Forum
    7. Startup Funding EuroTOUR Prague
    8. StartUpStart
    9. TiE 2018 CM Retreat @ Prague
    10. Venture Days
    11. Venture Summit
    12. Women Startup Competition
  • Major Media: Mainstream local business press. (i.e. major local or regional publications that frequently champion local businesses)
    1. Blesk
    2. Hospodářské Noviny
    3. iDNES
    4. Lidovky
    5. Prague Business Journal
    6. Prague Monitor
    7. Prague Post
    8. Radio Prague

B. Funding

  • Angels / Micro-VCs: Seed-stage investors
    1. Andrej Kiska
    2. Chris Kottnauer
    3. Chris Richardson
    4. Dan Jones
    5. Denys Sabanadze
    6. Jan Hanousek
    7. Jan Urban
    8. Jaroslav Trojan
    9. John Vax
    10. Josef Hůla
    11. Karel Obluk
    12. Michael Sonenshine
    13. Peter Ocasek
    14. Tom Newbold
    15. Tomáš Čupr
  • Venture Capitalists: Series A and beyond
    1. 3TS Capital Partners
    2. ARX Equity Partners
    3. Credo Ventures
    4. Enern
    5. ESPIRA Investments
    6. J&T Ventures
    7. Miton
    8. Penta Investments
    9. Rockaway Capital
    10. RSBC Group
    11. Springtide Ventures
    12. Symfonie Capital
    13. Thermopolis Partners
    14. Verdi Capital
    15. Vienna Capital Partners

C. Growth

  • Infrastructure: Office space, HR, local business insurance. (i.e. office space/ HR/ insurance providers for capital-rich companies to grow and scale)
    1. Egon Zehnder
    2. Hill Woltron
    3. Instant Offices
    4. Kennedy Executive Search & Consulting
    5. MAXIMA Pojišťovna
    6. MetLife
    7. OfficeRentInfo
    8. Pedersen & Partners
    9. PERSONALITY Prague
    10. Pojišťovna VZP
    11. Prague Real Estate
    12. Randstad
    13. REALCITY
    14. Regus
    15. RESPECT Group
    16. SReality
    17. Svoboda and Williams
  • Expansion: Growth accelerators/consultants. (i.e. programs and business consultants for capital-rich companies to grow and scale)
    1. Accenture
    2. Aon
    3. Arthur D Little
    4. A.T. Kearney
    5. BearingPoint
    6. Boston Consulting Group
    7. Capgemini
    8. Deloitte
    9. Ernst & Young
    10. Gartner
    11. Grant Thornton
    12. Hill+Knowlton Strategies
    13. Infosys Consulting
    14. Kantar Millward Brown
    15. Kantar TNS
    16. Korn Ferry
    17. KPMG
    18. McKinsey & Company
    19. PwC
    20. Roland Berger

4. Success Stories

Successful homegrown companies that have raised significant institutional funding, employ a large workforce, or have achieved liquidity.

  1. Avast
  2. Avocode
  3. Brand Embassy
  4. Cognitive Security
  5. Druidly
  6. EXPANDO
  7. GAMEE
  8. Geewa
  9. Incomaker
  10. Invia
  11. IP Fabric
  12. Liftago
  13. NetBrokers Holding
  14. RiteKit
  15. Slevomat
  16. Socialbakers
  17. Trisbee
  18. Twisto



Supporters


To facilitate the steps, every ecosystem needs strong supporters.

1. Evangelists

Successful local founders who lead the ecosystem & frequently mentor newbies.

  1. Adam Dunovsky
  2. Amour Setter
  3. Anna Kaderabkova
  4. Anton Titov
  5. Carlos Meza
  6. Cedric Maloux
  7. Clare Kennedy
  8. Cyril Klepek
  9. David Costello
  10. David Miklas
  11. David Vrba
  12. Evgeny Frolov
  13. Filip Košťál
  14. Filip Mikschik
  15. Jan Beránek
  16. Jan Vohryzek
  17. Jana Hodbodova
  18. Lloyd Waldo
  19. Marketa Havlova
  20. Matt East
  21. Michael Fehn
  22. Michal Andera
  23. Michal Zalesak
  24. Nikola Rafaj
  25. Ondrej Dvoulety
  26. Osman Salih
  27. Paolo Lacche
  28. Pavel Bartoš
  29. Petr Šrámek
  30. Petr Vitek
  31. Petra Hubačová
  32. Philip Staehelin
  33. Tomáš Hulle

2. Government

Public organizations that facilitate local economic development (ex. Start with the chamber of commerce, “Invest in XXX”, “Economic Ministry of XXX” , “Innovation”, R&D, etc)

  1. Amcham Prague
  2. British Chamber of Commerce
  3. Czech Business Web Portal
  4. Czech Chamber of Commerce
  5. Czech ICT Alliance
  6. CzechInvest
  7. International Chamber of Commerce Czech Republic
  8. Smart Prague

3. Talent

Major local business or tech universities and employers that attract and retain local talent.

  • Local Universities (universities with prominent technical or business programs)
    1. Charles University
    2. Czech Technical University Prague
    3. Czech University of Life Sciences Prague
    4. Metropolitan University Prague
    5. TC Business School
    6. UMPRUM Academy of Arts, Architecture and Design in Prague
    7. University of New York in Prague
    8. VŠE University of Economics
    9. VŠEM University of Economics and Management Prague
    10. VŠFS University of Finance and Administration
    11. VŠO Private College of Business Prague
  • Local Employers (Major technical employers, like Microsoft or Google or large local companies, with large local offices, “major technology companies in XX”)
    1. Amazon
    2. Apple
    3. AT&T
    4. Avast
    5. CA Technologies
    6. Cisco
    7. DXC Technology
    8. EmbedIT
    9. Expedia
    10. Fortinet
    11. Gemalto
    12. Google
    13. Hewlett Packard Enterprise
    14. Huawei
    15. IBM
    16. Infor
    17. Intel
    18. Interoute
    19. Microsoft
    20. NetSuite
    21. O2
    22. Oracle
    23. Red Hat
    24. Samsung
    25. Seznam
    26. Siemens
    27. Teradata
    28. Vodafone

 

*  *  *

Learn more about the Startup Ecosystem Canvas here, and leave us your thoughts on the Prague Canvas on this collaborative Google document (This is just a DRAFT, and more input is needed!)

Are you looking to start a company in the Czech Republic? Then apply to the Prague Founder Institute today

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