The Italians join AFS in advocating for increased support for innovative companies across Europe

June 3, 2024
The Italians join AFS in advocating for increased support for innovative companies across Europe

Italian Tech Alliance and InnovUp, key representatives of Italy’s innovative entrepreneurial ecosystem, are calling for enhanced support for innovative companies across Europe in light of the upcoming EU Elections.

“We are excited to support the Allied for Startups manifesto as a means to promote policies in favour of innovative businesses in Europe.” – says Giorgio Ciron, Director of InnovUp.

The organisation is advocating for enhanced digital skills, enabling Europe to meet labour market demands and support the sustainable growth and competitiveness of startups. “To ensure sustainable growth of startups and improve Europe’s competitiveness in the labor market, it is essential to invest in strengthening digital skills. We need to create new and updated training programs at all educational levels, valuing talents – attracting foreign ones and preventing brain drain – and supporting the presence of women in the tech sector” adds Mr Ciron.

Italian Tech Alliance, on the other hand, promotes the recognition of a European startup/scaleup status, which would foster a dynamic entrepreneurial environment across the European Union. “This harmonisation would relieve entrepreneurs of unnecessary administrative burdens, allowing them to focus their energies on promoting their business activities” says Francesco Cerruti, Director General of Italian Tech Alliance.

Together, we are championing a Europe that nurtures entrepreneurship and offers robust support for smaller, innovative enterprises. 

For further information, explore the links below:

🔗 Innovation Nation

🔗 Money.it

🔗 La Repubblica

🔗 Full press release (🇮🇹)

Italian Tech Alliance – formerly VC Hub Italia – is the Italian association of venture capital, innovation investors (business angels, family offices, and corporates), and Italian innovative startups and SMEs. It was founded in 2019 by the managers of the main venture capital funds active in Italy and today counts over 60 investor members, over 140 of the main Italian startups and innovative companies, and 26 supporting members. Italian Tech Alliance investors manage assets worth around 1.3 billion euros and have invested in over 250 high-growth potential and highly technological Italian startups. One of the association’s goals is to ensure that innovative companies can significantly contribute to the growth of our country, also by raising public awareness in Italy on innovation and development issues. italiantechalliance.com

InnovUp – Italian Innovation & Startup Ecosystem is a non-profit and impartial association that represents and unites the Italian innovation supply chain: startups, scaleups, innovative SMEs, innovation centers, incubators, accelerators, science and technology parks, startup studios/venture builders, crowdfunding platforms, professional firms, consulting firms, and corporates. InnovUp works to strengthen and promote the Italian innovative entrepreneurship ecosystem through three main activity areas: Advocacy (working groups, position papers, parliamentary hearings, and ministerial interactions to promote favorable legislation for the development of innovative businesses), Networking (category tables, associative chats, events, matching, and roadshows to connect sector players), and Knowledge (observatories, reports, surveys, webinars, newsletters, and academy to grow the ecosystem’s knowledge, both nationally and internationally). InnovUp is the Italian representative of Wainova (World Alliance of Innovations), IASP (International Association of Science Parks and Areas of Innovation), ESN (European Startup Network), EBN (European Business and Innovation Centre Network), and EBAN (European Business Angels Network). innovup.net