This is a post I wrote for TechCrunch Europe last week. Some editing by Mike Butcher.
As you may know, there is a large Italian-expat community in Silicon Valley. A lot of first-time entrepreneurs decided to move there for all the obvious reasons and the lack of opportunity in Italy. But, luckily, some of them haven’t forgotten those they left behind. Some of them are trying to help Italian startups move to the Valley and thus gain a global perspective and a cycle of companies coming back and forth.
One of the most interesting initiatives is the Mind The Bridge foundation. It is a non profit association, founded by Marco Marinucci, a top executive at Google, and Fabrizio Capobianco, CEO of Funambol. Among all their activities one of the most interesting is the Business Plan competition they hold every year. The winners get mentoring and possibly a chance at a 3 month incubation in San Francisco’s Plug&Play Tech Center.
The deadline for applications is set on August 25th, finalists will be announced in September and winners will have the opportunity to fly to the Valley between December and April. Previous winners of the event include Zooppa, Eris4, and Econoetica.
In their own words: What is Mind the Bridge?
“It’s an opportunity for Italian entrepreneurs to get valuable mentorship from successful serial entrepreneurs and to present their ideas to a core group of experienced executives and potential investors in the Silicon Valley”
It looks like a pretty unique opportunity to get a grasp of the Valley’s spirit and try to bring it back in Europe – possibly with some fresh capital in hand…
Disclosure: I also write for the Mind The Bridge blog.
Giant mobile phone producer Nokia announced today its plan of acquiring “certain assets” of social address book startup 
“Cellity has a very talented and innovative team, which we are very happy to have on board at Nokia. With this acquisition, we can accelerate our service development in some of our core areas,” said Christof Hellmis, Vice President, Services, Nokia.
Lokku Labs, the London-based 
Average house prices are updated monthly to make sure you get the most accurate information. Travel time is calculated only between stations, not door-to-door, so there might me some minor errors.
