Englishman Neil Smith is behind the rebirth of a distinctive and iconic Czech scooter from the 1950s and 1960s – the Čezeta. It’s distinctive shape and nose resulted in it being nicknamed ‘the pig’ but it was a major success with tens of thousands sold. The new version is electric and the project has just benefitted from the biggest Czech crowdfunding ever with capital raised for marketing and further production in just 10 days. Driving force and project owner, Mr Smith, first of all described how it was love at first sight when he spotted the first
Dlouhá cesta or Long Journey is the title of a new book by the Czech UK-based author Petr Horáček. The talented illustrator has published dozens of children’s books in Britain, wining a number of awards around the world, but Dlouhá cesta is his first title written in Czech for Czech children. Radio Prague went to the book launch.
The shared economy is already making waves in the Czech Republic, as continued demonstrations in the Czech capital about the Uber taxi platform, due again to take place on Wednesday, prove. But the bark is in some sense bigger than the bite it has taken out of the traditional economy or made elbow room for on its own merits.
The sharing economy is one of those vogue terms that can perhaps best be explained by some of the concepts which have been made possible by the Internet, digital applications, and credit cards. Crowd funding is one. Others are flat and house renting applications such as Airbnb or Booking, or perhaps one of the most famous of all, the car renting and delivery service, Uber. But they have often clashed with tradition sectors of the economy, like hotels and taxi firms, and authorities are looking on and wondering whether to regulate.
Since its modest beginnings several years ago, crowdsourcing has become a popular financing tool among Czechs. Hundreds of mainly artistic and cultural projects have been backed through Czech crowdsourcing sites, and compared to other central European nations, the Czech Republic has become a leader in community funding. However, the overall amount raised is still relatively small as most bigger-scale projects tend to use global platforms.
Ernst & Young expects economy to grow by 2.2 percent in 2013; Czech Post gives up cigarettes; a Czech video game developer gets 36 million in backing through crowd funding; Czech Lego plant sees rise in profits; and a court rules that a 16-year-old will be allowed to go into business for himself – two years before the legal age.