In Europe, hundreds of entrepreneurs have set up incubators that are adapting the Silicon Valley model to fast-track new companies. For politicians, the trend represents an economic bright spot, although few, if any, of these firms will ever be a Google or Facebook.
Rockstart Accelerator is an Amsterdam-based private bootcamp for tech firms. In the two years it has been going, Rockstart has backed 20 startups that have raised €15 million and created nearly 150 permanent jobs along the way.
Image: Campus Party Europe advert. Berlin, 2012. (CPE/Flickr)
