Errol Damelin, founder and chief executive of short-term online lender Wonga, is the popular choice for Europe’s Entrepreneur of the Year. He won the top prize from the European Tech Tour Association at a recent gala awards ceremony in London and was named e-commerce and technology entrepreneur of 2011 by Ernst & Young.Read more

A proposal to build a national federation of interconnected computing clouds in France, funded in part by government in order to protect the country's sovereignty, data privacy and local jobs, is gaining favor. Some fear that the idea, which is in part a backlash against American companies like Google, will spread to other parts of the Continent, potentially undermining the promised benefits to Europeans of  cloud computing.Read more

Belfast's Lagan, which supplies software that improves delivery of public services, has become a world leader in its niche market, beating rivals like Oracle for contracts with American cities from San Francisco to Boston.   It is one of 30 companies that will pitch to more than 60 venture capitalists during the U.K.& Ireland Tech Tour April 27-28.Read more

U.S. skeptics said it couldn't be done but Natalya Kaspersky built a company inside Russia that today has annual revenues of $500 million and is ranked as one of the top five anti-virus companies worldwide. Now she is on to her next venture, InfoWatch, which is targeting another area of data security. Kaspersky is just one of the Russian serial entrepreneurs who presented their companies to global venture capitalists during a recent tech tour of Moscow, Tatarstan and Siberia. Click here to see the video and read the story.
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Despite the global economic slowdow E-conomic, a Danish software-as-a-service company, is forecasting annual growth of  up to 45% in 2009 as it continues to gain traction across Europe. E-conomic is just one of 25 start-ups that will present to 60 foreign venture capitalists during an August 25-27  tour of Denmark, a country  with strengths  in software for small and medium sized businesses, clean technology and mobile services.
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The European Tech Tour Association served up France’s best start-ups to 60 venture capitalists from the U.S. and Europe during a hectic 48 hour road trip. Click “read more” to see the video and read the story.Read more

Germany's Power Plus Communications, a smart metering company with  utility company clients across Europe and the Middle East, is one of 25 companies set to present at a Cleantech Summit in Switzerland June 17-19. Smart grid and energy efficiency companies like PPC are attracting venture capital investment as demand for cutting energy costs increases across the globe.
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AlertMe, a Cambridge, England -based company that helps consumers understand their electricity consumption and reduce it through a device and software, has raised 8 million pounds (€9.1 million) in venture capital in a B round.Read more