Young Transatlantic Innovation Leaders Initiative – Louis and Gediminas

We want to welcome Louis and Gediminas from the Young Transatlantic Innovation Leaders Initiative (YTILI)! They are on a two-way exchange from Europe for 15 days and will be working with the Business Incubator at the MBRC. YTILI develops and cultivates relationships among emerging European and American leaders and entrepreneurs. YTILI is an investment in the transatlantic partnership to strengthen prosperity and enhanced security on both sides of the Atlantic. Both Louis and Gediminas are cultivating start-up businesses and have interacted with numerous entrepreneurs during their stay in Utah.We want to welcome Louis and Gediminas from the Young Transatlantic Innovation Leaders Initiative (YTILI)! They are on a two-way exchange from Europe for 15 days and will be working with the Business Incubator at the MBRC. YTILI develops and cultivates relationships among emerging European and American leaders and entrepreneurs. YTILI is an investment in the transatlantic partnership to strengthen prosperity and enhanced security on both sides of the Atlantic. Both Louis and Gediminas are cultivating start-up businesses and have interacted with numerous entrepreneurs during their stay in Utah.

About Louis

Louis Alonso Silva Marquez, born in Venezuela, grew up in Cyprus and lived in the U.K. and Spain for 3 years in total. Graduated with a B.Sc. from the University of Cyprus and worked for various companies in the petrochemical and financial industry in Limassol, CY and Nicosia, CY. 

In August 2015, he founded Twosumm.co, a online platform where university students and professionals could easily find people to study with, anytime they needed. Within 3 months of their launch, they acquired 1000 active users from 56 different countries, 40% being from Egypt, and in total, 70% of their users being from developing countries. 

In July 2016, Twosumm became the first company to sign a Memorandum of Understanding with the University of a Cyprus while its CEO was still an active student of the university. In September 2016, Twosumm joined as the first mature team, the biggest accelerator of Cyprus, founded by the Bank of Cyprus, having the support of Deloitte, Leo Burnett, Lellos Demetriades(the biggest law firm in Cyprus) and MTN telecommunications. Twosumm also partnered with Hyperion Systems Engineering Ltd. for technological purposes. 

In March 2017, Twosumm’s co-founders Louis A. Silva Marquez and Tommy Daniel, pivoted to a new company after their experience with Twosumm, onto Studyfinder.co, which is an online marketplace for tutoring services, targeted to professionals mainly from developing countries. 

Louis A. Silva Marquez also serves as an Associate for the Incubator program IDEACy.net, an active member of Startup Cyprus and a mentor for the Center of Entrepreneurship of the University of Cyprus.

About Gediminas

I am from Vilnius, Lithuania and coming from software engineering background but for past 5 years I am closely related with startup ecosystem and startups themselves – working as technical advisor for a small venture capital fund back in Lithuania and been pivoting a number of spinoffs with one mobile apps environment project and also tried to jump on board for a couple of new startups but yet none lifted off.

But hopefully current project that I am here in Utah with – will be totally different story! Now we are building an Out-of-home advertising solution that will introduce best of digital world to the real world! We are live with first pivot test back in Lithuania currently having our OOH advertising screens running in taxi cabs across our capital and within upcoming months we will enter shopping malls and petrol stations. 

During the stay here I have met very interesting people and see opportunities in the market, so if our launch in Lithuania goes well – might be that in near future we will be visible in this area again.

By | 2017-08-25T09:17:46+00:00 June 19th, 2017|Business Incubator, YTILI|0 Comments

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