Sesame Summit 2026 – application open

Regulating AI Startups @ #SummitAFS

Last week, Allied For Startups (AFS) held their first annual #summitAFS open to the public, giving an insider view into the work that they do to as a pillar in the startup eco-system across five continents: bridging the gap between start-ups and governments by bringing all the relevant voices into one room.

Sat in Brussels alongside representatives from the European Parliament and European Commission alike at the Microsoft Center in Brussels, the event opened the conversation to players from the startup ecosystem across Europe. It was a space where founders and government-level leadership in the startup space could gather to exchange ideas and input on how the European Commission can better support startups in Europe.

This is the founding focus of AFS. With a presence in North and South America, Europe, and Africa, their mission is to serve as a platform that enriches and deepens the support system for startups on a Governmental level. From a keynote talk from the European Commission’s Rudy Aernoudt, it is clear that Europe realizes the deeper value of startups in an economy. As Tobias Henz, a panelist at the event, entrepreneur and Mckinsey partner puts it:

“To the public sector, the aspect of continual job creation and community building around solutions cannot be replaced. To the private sector, the agility and ideation available to startups is a breeding ground for priceless innovation that cannot be overlooked.  However, neither new jobs nor new ideas can flourish from an economy’s startup sector if the environment for these startups is not favorable”

The aim of AFS is to promote a dialogue which advocates for the right conditions needed in the startup eco-system and environment.

The hottest topics at the summit were split across two panel discussions. The conversation included questions like how do we maintain an environement that fosters innovation and supports startups, while in the face of funding pools drying up and a growing list of regulations that can easily limit or hamper the development of startups in the Deeptech and AI community. The selection of panelists was well balanced, with a variety of perspectives in each case, representing the true concerns and interests of the parties actually involved, from founders to parliament.

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The first panel of the day

There was a collective agreement from that great companies cannot emerge from unstable environments. The topic of VC funding and finding availability came up, or rather: the lack thereof. While Europe’s strength in Intellectual Property rests, historically, in inventions and patents from the industrial revolution and onwards: its true that the USA has more funding to offer European startups, a reality that many EU startups are confronting in this post-covid investing climate.

Speculation says there is a greater aversion to risk from Europeans VC’s compared to American ones. Either way, the general consensus communicated by founders was that the most impressive funding options for European startups often don’t come from within Europe, but rather the USA, China, and even Japan. Caroline Louise Lilleor, founder of Sirène, a personal safety device that connects you to a community of Runners, shared how they only began receiving more serious funding once they partnered with a larger and more reputable organization. This was yet another example voiced on the day, illustrating the challenges in the European startup environment.

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Second panel of the day

The second panel talk of the day addressed AI Regulations and how they will impact the startup environment. The panel comprised of four speakers in total. Two speakers with deep insight into the current state of AI regulatory affairs in the USA: Frances Burwell, an advisory expert on the Atlantic Council and Zachary Long, founder of conductor.ai, shared their insigh and opinion on the stae of AI regulatory affairs in the USA. Kai Zenner, Head of Office and Digital Policy Advisor in the European Parliament and Martin Ulbrich, a policy maker also from the Commission, brought equally rich and deep knowledge into the drafting and parliamentary discussions on the Europe’s AI Act.

A common voiced concern on the topic was how discrepancies in such regulatory acts, along with the fact that they are not universal, could hamper international business for startups with the AI-based solutions, especially in the startup space. Failure to meet a long list of information security and data compliance requirements could easily make it difficult for startups to close bigger clients and thereby start not only adding value, but creating higher value business for themselves to go from startup to scaleup. This is a valid concern that AFS insists the Commission takes into consideration.

Various thought leaders in the room shared their insight and opinion, resulting in an afternoon rich with fruitful discussion and detailed explanations. You can catch AFS at their HealthTech congress in January next year.

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la fabrique a nuage la barbe a papa sans sucre qui revolutionne le snacking 1726502154
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The founders behind NUAGE, the sugar-free cotton candy rated Nutri-Score A, share their playbook for event strategy, budget, and pipeline ROI. If you’ve walked the aisles of a French food trade show recently, chances are you’ve seen — or tasted — a small cloud of the impossible: cotton candy with zero sugar and a Nutri-Score A. Behind it is Re.Snack, a startup founded in 2023 near Dijon by Vanessa and Florian, on a mission to reinvent confectionery. Their first product, NUAGE, is built on Sucr’A, a proprietary sugar substitute developed with AgroSup Dijon that uses plant fibres (isomalt and inulin) to recreate cotton candy’s signature melt-in-the-mouth texture — without sugar, allergens, colourants, or preservatives. The traction speaks for itself: revenue up from €200K to €7M in two years, distribution from 100 to 5,000 points of sale, more than 15,000 online orders, national TV exposure on M6 — and a reported acquisition offer from Lindt that the founders turned down. They’d rather build a brand than become a subcontractor. A sugar-free, fat-free popcorn is next. But what caught our attention is how they grew. For Re.Snack, trade shows aren’t a marketing expense — they’re the core of the sales machine, with a dedicated budget, pipeline targets, and hard ROI thresholds. So we sat down with the team and asked the five questions every founder should be able to answer about their event strategy. Sesamers: Let’s start with the basics. What role do events play in your sales motion — sourcing net-new pipeline, accelerating open deals, or closing? Re.Snack: Events are our number one growth channel. They generate new business, strengthen relationships with existing customers, and accelerate ongoing opportunities. In the food industry, people buy products, but they also buy the team behind them. Face-to-face interactions build trust much faster than emails or calls. That’s a big claim — number one channel. Does the budget reflect it? What share of your sales & marketing spend goes to events, and what target does it carry? Around 25% of our sales and marketing budget is dedicated to events. We consider them a strategic investment rather than a communication expense. Our objective is that every euro invested generates multiple times its value in qualified commercial opportunities over the following 12 months. Twelve months is a patient window. When you look across the whole portfolio of events, what does the blended pipeline ROI actually come out to? On average, we generate between 8x and 12x pipeline ROI across our major trade shows. Some flagship events, such as SIAL or ISM, can significantly outperform that because they concentrate the world’s key retail buyers in one place. Meetings are easy to count, revenue less so. Which events actually convert — not just into conversations, but into business? The events that convert best are those attended by decision-makers with active buying projects. For us, SIAL Paris, ISM, Snack Show, and major retail buying conventions consistently generate tangible business. Success isn’t measured by the number of meetings, but by the quality of follow-up and execution afterwards. Last one on the numbers: at what point do you decide an event has earned a bigger budget? What’s your threshold for scaling up? We increase investment once an event consistently delivers at least a 5x pipeline ROI and proves it can generate repeatable business over multiple editions. We look at long-term customer value rather than immediate sales, because retail cycles can take several months. Before we let you go — for the food founders reading this, what would be your top 5 events? My top five would be: What founders should take from this Beneath the answers sits a playbook any startup can copy, whatever the industry. Events have a job description. Re.Snack doesn’t attend trade shows to “be visible” — events source new business, deepen existing relationships, and accelerate open deals. If you can’t name the job an event does in your sales motion, you have travel expenses, not a strategy. The budget is an envelope with a target attached. A quarter of sales & marketing spend, set deliberately and measured against a pipeline expectation over 12 months. No target, no budget. ROI is measured blended, on a realistic clock. Individual events fluctuate; the portfolio number — 8–12x pipeline-to-cost in Re.Snack’s case — is what tells you whether the channel works. And the attribution window matches the sales cycle: judging a trade show by orders signed on the show floor would kill investments that pay off two quarters later. Conversion beats meetings, and follow-up is where ROI is made. The filter is decision-makers with active buying projects — not badge scans. The event budget implicitly includes the week after the show, not just the days of it. Budget growth follows proven return. A 5x floor, plus repeatability across multiple editions, before a single extra euro flows. One great year doesn’t unlock more spend; a pattern does. Run this way, events stop being a cost centre with nice catering — and become a growth channel with receipts. Company background via nuage.resnack.fr, France 3 Bourgogne-Franche-Comté, and Traces Écrites News.

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Events 1 week ago

This week I read about a hackathon claiming 6,000 attendees over a single weekend. The venues hosting it can’t accommodate more than 1,000 people. Nobody in the comments asked how the math worked. That gap between the claim and the room is what this article is about. For most event organizers, event metrics are marketing, not measurement. Once you understand how attendance numbers are built, why ROI stays a black box, and why matchmaking is often bad on purpose, you’ll read every post-event press release differently. Here’s a decoder. The vocabulary nobody explains to you The event industry has precise definitions. It just doesn’t advertise them. UFI, the global association of the exhibition industry, publishes calculation standards and auditing rules for all of them. Independent bodies like ABC audit against them. Here’s the short version. Visitor. One human being who came to the event. If I attend all three days, I’m one visitor. Visit. One entry through the doors. My three days now count as three visits. UFI accepts both figures in its audits, defines visits as visitors plus repeat visits, and requires the term used to be clearly indicated on the audit certificate. Guess which number ends up on the homepage. Attendee / participant. No standard definition. These are the marketing words. They can mean visitors, visits, registrants, exhibitor staff, speakers, press, students or the organizer’s own team, in any combination. When you read “50,000 participants,” you’re reading a number with no agreed method behind it. Registrant. Someone who signed up. Free registration events love this one, because no-show rates of 30 to 50 percent are common and registrations cost nothing to inflate. Exhibitor. Elastic too. UFI distinguishes direct exhibitors, who contract with the organizer, from co-exhibitors, who are part of a shared stand (think country pavilions). Both count. Daily exhibitor. A company present for a single day, typical in startup zones and rotating programs. A startup using a shared booth on day 2 only counts as one exhibitor, exactly like the anchor brand that paid for 400 sqm across the full show. Pavilion / delegation. A block of space booked by one entity, usually a national export agency, a region or a corporate, then filled with smaller companies. One contract, one invoice, 25 logos. Pavilions are how organizers cluster small booths into themed areas, and how “1,200 exhibitors” can describe wildly different realities. Net vs. gross exhibition space. Net is the square meters actually rented. Gross includes aisles, catering areas and that giant entrance arch. As a rule of thumb: net space is 50% of gross space at an average show.  The prosumer padding One more layer on the attendance side. Many events count audiences that are professional on paper only. Student groups bused in for the afternoon. Employees of a corporate partner who run one workshop on day 3. Startup founders’ plus-ones. Locals with a discounted badge. I’m not saying these people have no place at events. Some of the best energy on a show floor comes from them. But if you’re an exhibitor paying for access to buyers, a headline number that mixes procurement directors with second-year students is not relevant. Ask for the audience breakdown by profile. If the organizer can’t produce one, that tells you something too. The ROI black box Here’s the uncomfortable part: almost nobody wants to know if an event actually performs. CEIR, the research arm of the U.S. industry association IAEE, paused its exhibitor spend research for years and only resumed it in late 2025. Its 2026 Marketing Spend Decision Report finds that management evaluates exhibition ROI mainly on lead volume and post-show closed deals, and documents a gap between what practitioners track and what leadership actually cares about. The industry’s reference dataset on exhibitor spending had not been refreshed since 2017. Read that again: the largest B2B marketing channel went eight years without updated benchmarks. The exhibitor side confirms the fog. Vendelux’s 2026 B2B Events Survey of 120+ marketing and events leaders found that 86 percent can’t accurately attribute ROI to events, and 98 percent struggle to justify event spend to leadership. Yet 80 percent are maintaining or growing their sponsorships anyway.  Organizers benefit from this fog. Some only release their data points after the event is over, when your booking decision for next year is already locked in early-bird pricing. Others share nothing beyond the headline number. Try asking for the seniority breakdown of last edition’s visitors, or the ratio of buyers to service providers walking the aisles. I wrote before that founders systematically underestimate what events cost them, hence my 2:1 preparation rule. The other side of that equation is just as broken: they can’t estimate what events return, because the data to do so is withheld. The GDPR excuse When pushed, some organizers invoke GDPR as the reason they can’t share more. Let’s be precise. GDPR restricts sharing personal data: names, emails, badge scans tied to individuals. It says nothing about aggregated, anonymized statistics. “42 percent of our visitors have purchasing authority” contains zero personal data. An organizer who can’t tell you that either doesn’t know it or doesn’t want you to know it. Neither answer is reassuring. If startups are solving it, ask why organizers aren’t A whole category of companies now exists to answer a question organizers could answer themselves: was this event worth it? Full disclosure: at Sesamers we’re building mytradeshow.ai on this exact gap, so I have a horse in this race. Here are five others working the same seam: Sit with the logic for a second. 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