Presented today in Milan by the President Anna Lambiase and by the CEO and General Manager Agostino Scornajenchi, the 2024-2028 Industrial Plan Of CDP Venture Capital: focus su AI & Cybersecurity, focus of investments on strategic macro-areas for growth of the Italian economy, support for the creation of value in the wallet e centrality of the fundraising from private investors, the main news.
CDP Venture Capital, the Business Plan
The Floor includes the goal of arriving at 8 billion euros of resources under managementand – of which 1 billion collected by third parties – to support the development of Italian innovation through investments in 7 classified areas as more strategic for the country and attracting private capital according to the principle of crowding-in, generating an effect of additionality and complementarity within the market.
One billion on AI
A billion will be focused on AI, with 120 millions of investments in technology transfer, 580 million to strengthen existing startups e 300 million which will go to mature companies ready to scale abroad and become future national champions.
They correspond to these strategic guidelines two pillars of intervention:
- Support for the Italian Venture Capital infrastructure through investments to support new businesses in the embryonic phase – so-called pre-seed and seed – and investments in Venture Capital funds to fuel the medium and long-term growth of the market and the skills to support innovation;
- Stimulate the growth and maturation of the ecosystem through direct investments specialized by sector, in the maturation phases – so-called early stage and late stage – to support the development projects of Italian startups in the most strategic fields and technologies for the country which have been identified in Artificial Intelligence & Cybersecurity, AgrifoodTech, SpaceTech, Healthcare & Lifescience, CleanTech, IndustryTech, InfraTech & Mobility.
The main news
The choice to focus investment activities on macro-sectors – explains the note – follows a criterion of greater verticality of CDP Venture Capital's activities, linked to the objective of catalyzing the greatest possible contribution in terms of specialization and skills and also of transparency and attractiveness of investments by third parties. The analysis of the sectors was performed by comparing the level of maturity of the ecosystem Venture Capital in each sector with its strategic relevance in line with national economic development objectives.
“The presence of an efficient financial ecosystem is necessary condition to attract capital, including in the world of innovation, to allow our companies to scale, guaranteeing competitiveness in key markets, generating social impact in terms of process sustainability and offering investors significant returns. The 2024-2028 Industrial Plan of CDP Venture Capital, with a target of raising private capital from national and foreign investors equal to 1 billion euros by 2028, intends to respond promptly to the needs of Venture Capital in our country, outlining objectives and strategic lines aimed at consolidating this market, from the initial stages of development up to accompanying the more mature companies in the listing process”, declares the President Anna Lambiase.
“The industry of tomorrow”
“The The plan we are presenting today is the result of extensive analytical worki of what the industry of tomorrow will be, of how production models and services will change thanks to the new enabling technologies that we are experimenting with today. Italian innovation has solid roots and numerous records in the scientific and technical fields, now it is time to return to playing a leading role in the international economy, recovering vision and competitiveness. CDP Venture Capital is ready to play an important role in accompanying this transition, by creating a system with large industrial groups and local economies, directing capital towards the most strategic sectors and contributing with the best skills on the market to the creation of national and international champions of new entrepreneurship. Venture Capital is an infrastructure serving the country, like the existing ones that transport energy, water and people. The Venture Capital it will widely transport capital for the benefit of businesses and the real economy of the country. It is a tool that, if well directed, is capable of releasing extraordinary power,” he declared Agostino Scornajenchi.
