But you have to admit that, e.g. YEurope is just a cut and paste from YCombinator: from the name, to the website (same Heysan rolling stuff!), the amount they offer, the percentage they take, the application form, etc.
Seriously, who would want to be funded by guys who just copy and can't create even their own ideas and thoughts? It may explain why european startups are just copying US startup concepts to adapt them to european markets...