CDP Venture Capital Sgr's Industrial Plan for 2020-2022 aims to bolster Italy's entrepreneurial ecosystem through substantial investments in startups, particularly in response to the challenges posed by the Covid-19 pandemic.
Information on the Target
CDP Venture Capital Sgr – Fondo Nazionale Innovazione is poised at the forefront of fostering innovation within Italy's entrepreneurial landscape. Established with the intent to nurture small and medium-sized enterprises (SMEs), this initiative focuses on the importance of startups and innovative companies that drive Italy's economic growth. Under the leadership of Francesca Bria and the management of CEO Enrico Resmini, the fund's Industrial Plan for 2020-2022 emphasizes dedicated investment in Italy's creative entrepreneurial fabric.
The Industrial Plan not only identifies the need for comprehensive investment strategies but marks a commitment to leveraging the talents and innovations that startup ecosystems can bring to the national economy. As of February 2020, CDP Venture Capital has approved over 100 million euros in investments to support approximately 160 startups, particularly those grappling with the challenges posed by the Covid-19 pandemic.
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Industry Overview in Italy
Italy's startup ecosystem has witnessed significant developments in recent years, indicating a gradual but unmistakable shift toward innovation-driven growth. The country has taken various measures to support venture
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Transaction Size: $6M