HomeRe-/LaunchWati-what? The European commission launches Watify to help beat 'wantrepreneur' fears

Wati-what? The European commission launches Watify to help beat ‘wantrepreneur’ fears

According to the organisers of a new startup initiative called Watify, the main challenge facing entrepreneurs in Europe today is not the lack of great ideas, but the fear of turning ideas into reality. Watify, which has just been launched by the European Commission with Deloitte Belgium, DIGITALEUROPE and EBN, aims to promote digital entrepreneurship by addressing these doubts (Update – May 2023: The website seems to be out of use, and we therefore deactivated the original link).

The new platform will try to fight the fears of ‘wantrepreneurs’ by releasing interviews with serial founders who overcame their doubts and created successful businesses. The Watify initiative will run throughout Europe for two years.

Watify’s initiators estimated that 1.5 million additional jobs could be created in the EU, if the entire EU would mirror the entrepreneurship performance of the US or Sweden (an interesting calculation!).

Although I’m unsure about the potential impact of the Watify project, I have to admit that they have a nice video promoting this initiative:

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Thomas Ohr
Thomas Ohr
Thomas Ohr is the "Editor in Chief" of EU-Startups.com and started the blog in October 2010. He is excited about Europe's future, passionate about new business ideas and lives in Barcelona (Spain).

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