Virtual Trip Group

Virtual Trip is a leading entrepreneurial ecosystem consisted by 13 dynamic companies, eleven based in Greece, Heraklion & Athens, one based in Madrid, Spain and one based in Akron, Ohio - US.

The entrepreneurial ecosystem has grown organically, boosted by the strong entrepreneurial drive of the founding team, since the establishment of its first member, Virtual Trip Ltd, in year 2000 at the Science & Technology Park of Crete, Greece.

Virtual Trip is widely recognized as the first successful high-tech start up effort in Greece as well as one of the fastest-growing companies in the domestic high-tech market, having grown by a factor of 75 in terms of revenue and by a factor of 12 in terms of staff in less than nine ears. Its 2008 revenues surpassed €7.5M, with net profits of more than €1M.

The Group companies offer their broad spectrum of high-tech ICT products and services to the international market.

Virtual Trip recently introduced the concept of the "Entrepreneurial Ecosystem" and became member of EBAN - the European Trade Association for Business Angels, Seed Funds, & Early Stage Market Players, as an early stage / seed capital fund.

The Virtual Trip Entrepreneurial Ecosystem currently includes the following companies: Virtual Trip Ltd, Epignosis Ltd, MVNS SA, NGLS SA, IT Center Ltd, Solo Gateway SA, Insurance Manager SA, S4Trips Ltd, Diagramma Ltd, Digital Signage Technologies SA, Actech LLC and Virtual Trip España SL. All of these twelve companies are subsidiaries and receive incubation services by Virtual Trip Holdings SA.

The Virtual Trip vision is to create a sustainable, growing entrepreneurial ecosystem including a large number of non-competing, high-technology companies offering products and services for the international ICT market.

• Dimitris Tsigos wrote (2 years ago):

  Virtual Trip introduced the concept of the "Entrepreneurial Ecosystem" in November 2009, as a "a group of non-competing companies, including start-ups, established companies and one or more coordination entities, which share the same vision, values, culture, strategy and business processes and decide to form an organization in order to explore economies of scale in business functions such as business development, financing, market analysis, marketing communications, IT / MIS infrastructure, human capital management, legal support, financial & accounting management."
  
  The relevant definition can be found on Wikipedia, http://en.wikipedia.org/wiki/Entrepreneurial_ecosystem

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