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The European Pirate Summit is a one-day conference that will take place next week in Cologne, Germany, on the 20th of September 2011.

Put together by German university students Maurice Kock, Till Ohrmann, Fabian Muecke and Waldemar Hein, the event will be carried out under the “Pirate’s Flag”.

The term, coined by Michael Arrington in his TechCrunch post in 2010, was an inspiration for the organisers, who thought that bringing together entrepreneurs under “one roof” would be something everyone could benefit from. The roof is more an abstract figure of speech here, as the weird and wonderful Odonien, the location of the Pirate Summit is an outdoor venue.

Eastern Europe is one of the major themes at the conference. “We think that people in Eastern Europe are very talented and should be given a chance to meet other entrepreneurs and especially Western venture capitalists, so that they could connect and do business together,” says Waldemar Hein, who originally comes from Uzbekistan, a former Soviet republic, but grew up in Germany. I did not test his Russian skills in exchange for the promise for him not testing my German.

Indeed, the opportunities for Eastern European startups to meet venture capitalists will abound, that is if only they (startups) can afford the tickets to attend the conference. The conference will bring together many VCs as speakers and participants, who are in charge of over three billion Euros of venture funds.

Representatives from Romania, Croatia, Poland and Kosovo are speaking at the event.

Visit The European Pirate Summit for more information.