Monaco Life attended VROOM summit on 5th September – an exclusive invitation-only fundraising event, which brings tech executives and investors such as family offices from Monaco and Geneva, high-net-worth individuals, VCs and Private Equity firms from all over Europe; all under one roof.
On our arrival, we were warmly welcomed by Peter Madsen, co-founder of Vroom, Managing Director of Unite and founder of White Castle Partners.
His big vision was initiated with Vroom Caravan – pitch-fest for start-ups in various European countries, where the best tech talent is cherry-picked amongst innovative and disruptive businesses, to be eventually presented at Vroom in an international networking environment in Monaco. We had broad range of speakers pitching at the event, coming from many different industries: tattooing, telecommunications, gaming, hospitality.
One of the highlights and most inspiring moments of the forum was the presentation of Giuseppe Ambrosio, called ‘Make it happen in Monaco’.
An accountant by background, Giuseppe also is the President of Monaco Single and Multi-Family Office International Association, Monaco Business Tourism Ambassador and an entrepreneur.
He summarised his experience of living and working in Monaco since his arrival 12 years ago, in a presentation explaining everything you need to know to become a resident, start a business, pay taxes etc.
There are many intricacies to consider, especially that Monaco is an integral part of the EU customs territory and VAT area, and therefore applies most measures on excise duties and VAT, but the Principality is a third country with respect to the EU.
He gave this talk, which is useful for residents, companies and businesses at different places in the past, including Monaco International University, skilfully adapting it to the audience.
Stunning Classic & Electric converted cars were on display during the conference, thanks to Fabrice Le Roy, founder of Rent A Classic Car. Eric Bousquet, who is a Technical Leader and Project Manager at Rent A Classic Car and Classic & Electric, explained to us the way they passionately transform classic vehicles preserving all original parts, eg. clutch, gearbox, suspensions, etc. In this way the “soul” of the car remains untouched.
Monaco Life Contributing Editor Agnes Budlewska and Giuseppe Ambrosio of Deloitte attending the Vroom conference
The conversion is completely unnoticeable on the outside as only the engine is replaced and the entire process is 100% reversible.
Rent A Classic Car is a unique business, which offers three product ranges. The first is selling classic cars converted to electric power. If you own a classic car with a broken, missing or damaged engine, you can sell it to Rent A Classic Car, which will convert your vehicle and sell it at their show rooms in Monaco, London or Paris.
The second option is for private collectors, who want to make their beloved cars environmentally friendly.
The third option is aligned with the big vision of Fabrice Le Roy of creating “the fleet of legendary cars converted to electric power” ready for rent, at the same time creating “extraordinary touristic potential in the Principality of Monaco and in the world”.
In addition to classic cars, we were dazzled with the stunning design of 17-meter three-cabin yacht Zeelander Z55 on display at port Hercules.
Zeelander was founded in 2002 by Dutch entrepreneur and skilled sailor Sietse Koopmans with his big vision, ‘Driven by perfection’.
Leonardo van den Berg, Commercial Director, showed us around, so we could admire the great combination of sports cruiser design with a boating feel to it.
Zeelander yachts are created using only the highest quality materials and, with the size of only 40 to 50-foot range are very spacious and multifunctional. According to Leonardo, Zeelander yachts are like “pieces of art on water, created for connoisseurs of life”.
We also managed to speak to Francesco Ferrazzino and Annalisa Dalbon, co-founders of Proxy 42, who create “Games as real as life”. They use augmented reality, sensors, wearables and inter-connected devices giving user the experience of playing in a real life. Augmented reality adds to the world around you, rather than replacing it as virtual reality would do and that gives a user extraordinary experience. What makes them so successful is combination of social media and social aspect of playing the game.
Proxy 42 was founded in 2014 and in 2016 it launched a successful crowd founding campaign, which raised half a million USD in just a couple of months and sold 15,000 laser tag devices, which connect the user via smart phone.
So all you need to start playing is a simple and affordable device which you can get on Amazon.com for only $39! The game is suitable for kids, teenagers and parents so should definitely check it out!
It doesn’t matter if you are at the early stage of your start up or C-level tech executive and already cashed out on your tech businesses venture – at Vroom you can stay tuned for amazing business opportunities. Vroom already has many success story stories to share so keep up great work, guys!
Organisers of this year’s Monaco Yacht Show are betting on a new badge system to better connect visitors and exhibitors and take the flagship event to another level.
Finishing touches are being made to the rock-inspired Monaco Pavilion. With months before the Dubai Expo kicks off in October, Monaco will be among the first countries to complete the mammoth project.
In this month's interview, Princess Grace Foundation-USA’s Brisa Trinchero catches up with acclaimed Principal Dancer Lucien Postlewaite about his career at Les Ballets de Monte-Carlo.
The latest report on women’s rights in Monaco has just been released, detailing the advances made in 2020 including the tabling of a new bill to strengthen legislation on sexual violence.
As French Riviera towns prepare to go into lockdown this weekend, police in Monaco will be stepping up controls at all road, rail and air entry points to ensure that everyone is playing by the rules.
Connected Success, created by the Break Poverty Foundation to ensure that no child is left behind and supported by Princess Caroline and her AMADE Foundation, was launched in the Alpes-Maritimes.
The Monte-Carlo Spring Arts Festival has confirmed they are going ahead as planned with their annual cultural event that spans five weekends from 13th March to 11th April.
0
Sign up to our FREE Newsletter
By signing up you agree to receive daily news emails frommonacolife.net. We respect your privacy and will not spam you!
Nice airport has been awarded the ACI Health Accreditation, an international validation of the health measures implemented over the past months including the creation of a Covid testing centre.
[caption id="attachment_28544" align="alignnone" width="640"] Photo: Alpha Stock Images/Nick Youngson[/caption]
This article is part of an interview with Monaco Open for Business: Serge Pierryves, Director of Monaco's Business Development Agency (Direction de l'Expansion Economique).
The new Pass Starup Programme, set up in October 2017, aims to facilitate the support and integration of those startups selected by startup programme panels through SAM “Monaco Tech”.
The programme establishes a specific legal status for the startups concerned, which, as they may come from any country, may have very different statutes or legal forms. In addition, the programme helps startups by providing tutored support from local professionals and a group of mentors.
Included in the programme is a StartUp Programme Grant. This is a one-off grant intended to encourage entrepreneurs to take risks, by providing financial support during the startup’s innovative phase.
The subsidy can cover up to 70 percent of the estimated expenditure budget related to the design, definition and feasibility studies of the project, up to a maximum of €35,000, which is paid in two instalments during the incubation or acceleration period.