Recently, bad economic news has been almost a daily occurrence out of the European Union, but there are occasional bright spots that miss the regular news cycle.  Poland seems to be one of them.

Poland is due to become an official member of the Euro Zone in January 2012 and is obliged, under the terms of the Treaty of Accession 2003, to replace its current currency, the Zloty, with the Euro, however, the country may adopt the Euro no earlier than 2019.  That’s probably good news for Polish start ups that seem to be able to find plenty of government …

The Embedded Systems Conference, especially the Silicon Valley edition, is an eclectic collection of cutting edge technology. This year, ESC-SV 2011 was no exception. Yes, there were the regular software, RTOS, component and design services companies, but there was also significant presence of distributors like DigiKey and element14 that were drawing a lot of attention.

On the periphery of the exhibition were the companies that lack the marketing resources of the major players and while most were satisfied by the amount of customer traffic, they were a little wistful about the lack of attention they were getting from the press. …

As a follow up to our interview of 12 Entrepreneurs founders Roman Tolic and Emmanuel Carraud, here is the video of their presentation to the European Commission this week.  they seem to have been quite well received.

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The 12 Entrepreneurs, an unusual movement made up of start-up leaders, government representatives and service providers from Europe and the US, launched officially recently at the PlugandPlay Center in Sunnyvale with the goal of developing a new model for funding and supporting startups.

Here is the interview:

Founders of the group, Roman Tolic of Austria- based Hercules Film Network, and Emmanuel Carraud of MagicSolver of the UK, formed the organization with the purpose of building bridges between the centers of innovation around the world, finance visionary projects and create jobs in the US and Europe.  While the initial group …