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As a partner of Austria’s largest start-up investor network, we are pleased to announce that primeCROWD opened an office in Munich’s Prinzregentenstrasse in February 2019. The German start-up ecosystem holds new, untapped potential in the areas of FinTech, CleanTech, HealthTech as well as IT and software. We are convinced that primeCROWD will be able to continue its previous successes in Austria also in the German market.

For further information click here

For the 4th time already, Florian Kandler presented the most comprehensive report about financing of the domestic start-up scene. The good news is: growth at all levels. In an exciting panel discussion, 5 founders, who together raised over EUR 100 million in 2018, provided interesting insights into their success story.

As a partner of StartUp Report Austria h-i-p contributed with an article “The three deadly sins of founders” by Thomas In der Maur.

You can get your own copy here for free: www.startupreport.at

INiTS is one of the best academic incubators worldwide and a cadre forge of efficient start-ups in the Austrian start-up ecosystem.

h-i-p is an INiTS cooperation partner.

On the 10th INiTS Demo Day on December 16, 2018, eight high-tech start-ups presented themselves to a top-class jury and an investor audience.

Thomas In der Maur handed the audience award to PixelStore.

Click here for further information: www.inits.at

The aws First Pitch Night took place on November 28, 2018: ten start-up teams presented their developments; the race was won by the start-up Kern-tec. Kern-tec has developed an innovative method to split stone fruit kernels and was rewarded with a 500 € voucher from h-i-p for their victory.

We also took part in the run-up to the event: Dr. Michael Zwirchmayr provided a workshop for the start-up teams in which they were given all relevant information on company formation, tax law and data protection. We congratulate Kern-Tec on their victory and look forward to welcoming them to our office for legal advice soon!

www.trendingtopics.at

 

Within the scope of a capital increase, primeCROWD brought 22 new, renowned shareholders on board and thus secured EUR one million. With the additional financial resources, the market in Austria is to be expanded and extended into Germany. In addition to its locations in Vienna, Linz and Munich, primeCROWD also intends to gain a foothold in Frankfurt, Zürich and Hamburg by 2020.

Mag. Thomas In der Maur was elected syndicate spokesman and member of the advisory board.

Der Standard and Trending Topics reported:

www.derstandard.at

www.trendingtopics.at

On October 11, 2018 we organized our Oktoberfest in the Bohemian Prater, together with primeCROWD and ECOVIS.

Moderated by Florian Kandler, there was an exciting program with guild music by Sumawind, a special guest, startup pitches and “bullriding“.

After a unique talk by Gerald Hörhan, the investment punk, and two pitches by our newest start-ups, the evening has found its undisputed highlight in the “Bull Riding Contest“. Markus Kainz, CEO of primeCROWD, made a great start. We hereby salute all brave participants for their courageous commitment to the bull.

Deepsearch has introduced its artificial intelligence, which optimizes the efficiency of customer contacts in large companies. Urban Food & Beverage helps F&B start-ups to gain a foothold in the Austrian retail sector and presented its business model.

We thank all guests for the full house and for joining the party.

Of course, we also took pictures of the evening.

Copyright primeCROWD

Obligation to report to KommAustria: What YouTubers should do now

At the beginning of September, the Austrian Communications Authority (KommAustria) sent information letters to several owners of Austrian YouTube channels, drawing their attention to the legal obligation to report the start of operations of a so-called audio-visual media service. According to the Audiovisual Media Services Act (AMD-G), providers of on-demand media services (on-demand service providers) must notify KommAustria of their activities at least two weeks before KommAustria becomes the competent authority.

The media echo that followed revealed uncertainty among some YouTubers. Trending Topics has already reported on this matter. What is behind this information from KommAustria? Do YouTubers actually have to report their channel to the authorities and otherwise face high penalties? And do YouTubers have to pay fees for their online presence?

You can read the complete article here:

If you have any questions on this subject, please do not hesitate to contact us at any time. Just give us a call or send us an e-mail!

Elevator-Pitching is a thing of the past: Free from giddiness we were at the first Giant Wheel-Pitching-Battle at the Masterclass closing event of primeCROWD.

On June 19, 2018, selected startups and graduates of the primeCROWD Masterclass had the unique opportunity to pitch a Ferris wheel round long in front of investors and network with Conda, the Vienna Business Agency, Pioneers, ECOVIS and us (h-i-p), among others. We had a lot of fun answering all burning legal questions of the start-up founders high up in the air! Of course, you can’t discuss all the legal issues in a Ferris wheel round, but that’s what our free initial discussion is for! We’re looking forward to your visit!

Together with Austria’s largest start-up investor network primeCROWD, Pioneers & the Vienna Business Agency, we are pleased to invite you to the official Masterclass closing event.

On this day, founders can experience the world’s first Ferris Wheel Pitching Battle, live from the Bohemian Prater.

As moderator we have Startup Report Austria publisher Florian Kandler with us, who will provide an evening full of unique pitches – DJ, drinks & summer feeling included!

 

Save the date:

Tuesday, June 19th, 2018, 17:30

17:30 – Admission

18:00 – Greeting by primeCROWD & Partner

18:30 – Giant Wheel Pitching Battle & Podium Discussion

20:00 – Official Masterclass Ceremony

20:15 – Award ceremony Ferris Wheel Pitching Battle

20:30 – networking & aftershow party

 

You can find the complete program via the link below.

 

Address:

Bohemian Prater, “TIVOLI”

Laaer Wald 216, 1100 Vienna

 

The number of participants is very limited.

Therefore we ask for your registration until June 14, 2018 under the following link:

www.prime-crowd.com/masterclass-abschlussevent

Onepager Masterclass Abschlussevent_19.06.2018_V1

 

We look forward to your seeing you!

 

DSGVO: Data protection tool for creating a directory of processing activities – datenschutz-recht.at

 

The General Data Protection Regulation (DSGVO) will be directly applicable throughout the territory of the Union from May 25, 2018 and will entail numerous changes. By that date, all companies must have prepared the necessary documents in order to fulfill their obligations from the new legal situation. Otherwise there is a risk of sensitive fines: The fine from the old legal situation will be raised from up to EUR 25,000.00 to up to EUR 20 million or 4% of the worldwide annual turnover.

 

What is this all about?

 

The DSGVO stipulates that within the framework of your company you must document the purpose for which you process personal data. In order to fulfill this documentation obligation, you must (as the central document) compile a list of your processing activities (one processing activity is the processing of personal data for a certain purpose). To fulfill this obligation, we have created afree data protection tool which you can use to create the directory yourself in a simple and clear manner. The given fields only have to be filled out with the declarations provided. This way you can document each data application in detail and then download it as a clear document.

 

The online tool also has a large collection of definitions, which explain possible ambiguities.

 

If you choose the (chargeable) premium version(EUR 144,00 per year including VAT), you can not only

• have access to a large number of ready-made templates, but also have the opportunity to
• access to constantly updated drafts for contracts as well as sample texts and fill-in aids

Further information can be found at: https://datenschutz-recht.at

As a premium user, you will also receive regular information in case of any changes in the legal situation.

 

P.S.: For associations we have developed our own data protection tool at https://vereine.datenschutz-recht.at, which is tailored to the needs of associations and contains those data applications as templates that associations usually need.