Berg Moe Inc.

always looking for win-win scenarios and opportunities

Month: April 2016

Seed Forum NYC May 5

The battle of NYC has also started here at my office, and I am planning to fly in the first week of May to participate in Seed Forum, May 5.

Seed_Forum_NYC

More info about the event at http://www.seedforumnyc.com/

The video underneath is my production based on pictures from Seed Forum Milan and visualizes the energy I want to see in a great pitch. On stage Dr. Eythor Ivar Jonsson, Seed Forum Italy & Iceland.

Turn up the volume and sign up for my newsletter at https://app.convertkit.com/landing_pages/39338.

Where to invade next

United States of America concept with statue of liberty in front of the New York cityscape at night

United States of America concept with the statue of liberty in front of the New York cityscape at night. Foto: Alexey Rotanov.

Most Norwegian are shocked looking at what is going on in American politics these days. Even the thought that Donald John Trump can end up at the White House is something we have huge problems understanding. Can Michale Moore’s new documentary give us some answers?

At the same time, we see that The Kauffman Foundation suggests policies that protect against entrepreneurial risks and economic hazards (and as they say it) might encourage more people to start companies. Is it even possible to raise such a debate in the complicated political landscape we see in the USA today? In Norway, we know it is critical to have robust safety nets to motivate people to take risks. The region has implemented “the concept of WE” with great success, wich I think is one of the key findings in “Where to invade next.”

Norway is very dependent on America both economically, as a superpower and allied, but maybe most important as a universal defender of some of the most important values in our society as freedom of speech, religion, and free enterprise. With great interest (especially from me) my son and I went to the screening room.

I know that most Americas also have problems understanding how the Norwegian model functions. Very often you hear the word “communists” used by most right-wing Republicans. Our two countries have very close bonds but are at the same time so different. Have a look at this interview with Michael Moore that maybe puts it all into perspective?

Michael Moore: Norway is unbelievable for Americans. Source: YouTube Torfrom nor/92Y.

After we left screening the conclusion from my son was simple;

I am surprised that the American are treating their own people the way they do, but I still want to go there. My favorite city is Miami.

…and then we talked a lot and still have great discussions going on and he even involved his mom in the dialog. Where is the US going and is there some light in the tunnel?

Following the presidential campaign in the media it looks like the Americans also are struggling to understand what is going on and where the country is heading;

Anger at Wall Street. Anger at Muslims. Anger at trade deals. Anger at Washington. Anger at police shootings of young black men. Anger at President Obama. Anger at Republican obstructionists. Anger about political correctness. Anger about the role of big money in campaigns. Anger about the poisoned water of Flint, Mich. Anger about deportations. Anger about undocumented immigrants. Anger about a career that didn’t go as expected. Anger about a lost way of life. Mob anger at groups of protesters in their midst. Specific anger and undefined anger and even anger about anger.

Source: Washington Post – Looking for America , Part 1, By David Maraniss and Robert Samuels.

There is a campaign to deliver a bid for GEC 2019 – The Global Entrepreneurship Congress in Oslo, and maybe if the region wins this battle we should use this opportunity to sell the Norwegian/Scandinavian model and “the concept of WE”? I think both the world and especially America need to know there are alternative roads ahead. We are for sure not perfect here in Norway, but we have some best practices the rest of the world should be aware. And by the way, it was all “made in America”, that gives us all the decisive touch we need to keep up the optimism.

By Berg Moe, March 30, 2016. Serial Entrepreneur, Angel Investor, Chairman Norwegian Entrepreneurs Association Oslo, GEW organizer and TEDx speaker.

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9 reasons for doing business with Estonia

Personally, I love Estonia and have been there 27 times since 2003 and here are the main reasons why you also should consider taking the trip to Tallinn. 5576281192_fc8575f9c4_o

View from Oleviste. Photo by Tony Bowden

Estonia is one of the fastest growing economies in Europe over the last decade. Both sales and sourcing possibilities bring Norwegian companies here. There is a good access to EU markets, including 85 million inhabitants in the Baltic Sea Region. The business environment is competitive: highly educated workforce, advanced technologic environment, low taxes.

Nordic countries are the largest investors and trading partners for the Baltic region, Norway has made the fastest growth over the last years. Today, there are over 1000 companies with Norwegian capital and thousands of Norwegian companies with business partners in the Baltics.

Nordic countries are the largest investors and trading partners in the Baltic region, and Norway has made the fastest growth over the last years. Today, there are over 1000 companies with Norwegian capital and thousands of Norwegian companies with business partners in the Baltics.

Estonia is geographically and culturally close to Nordic countries. 75% of Norwegian businesses in the Baltics and Poland are satisfied/very happy with the results according to Deloitte study.

Europe is number 1 market for Norwegian green business globally, as this sector depends on public regulations. The Baltics have EU regulations in combination with extensive EU funding, which are the drivers for the development of the market.

IT cooperation has grown primarily with Estonia, who has focused Norway Grants on green IT – IT for energy, transport, and logistics, production and trade, e-health. These IT subsectors are critical for solving local challenges, as well have global growth potential according to a Ernst & Young study.

Today, Estonia is regarded as one of the most advanced e-governments in the world.

The use of technology and digital services is widespread in both the public and the private sector.

Estonia is the first country to offer e-Residency (a digital identity) to anyone interested in administering business online. e-Residents can digitally sign documents and contracts, verify the authenticity of signed documents, conduct e-banking and remote money transfers.

Estonia’s tax system is unique and the most competitive tax code in the OECD. First, it has a 20 percent tax rate on corporate income that is only applied to distributed profits. Second, it has a flat 20 percent tax on individual income that does not apply to personal dividend income. Third, its property tax applies only to the value of land rather than taxing the value of real estate or capital. Finally, it has a territorial tax system that exempts 100 percent of the foreign profits earned by domestic corporations from local taxation, with few restrictions. More at http://taxfoundation.org/article/2015-international-tax-competitiveness-index

Source: Entreprise Estonia and Innovation Norway.

Picture: Tony Bowden under the Creative Commons Attribution-ShareAlike 2.0 Generic (CC BY-SA 2.0)

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