You want your region to provide venture capital to start up. But how?
Your region has an innovative potential largely unexploited. The quality of your Universities is extremely high in terms of patents and publications but the number of successful knowledge intensive spin off is low.
Employment in knowledge economy is largely dependent on new ventures (100% of new jobs depends from new companies) and especially knowledge intensive companies (1% of new companies creates 20% of new jobs).
Neither local banks nor national and international venture capital funds seems to be able to fill that financing gap at the seed phase.
But how can I introduce risk capital in my region? Find the answer with Ingenium. Ingenium is the regional Early Stage Fund specifically designed to introduce early stage venture capital in a regional context.
Ingenium Fund Overview
Ingenium is an early stage risk capital Fund typically built around a region of a few million inhabitants focused on:
- Seed but also considering start up phase;
- Companies with high value of intangibles;
- Knowledge intensive companies with high growth potential;
- Regional coherence of sector of activity.
Roberto Tonelli, co-founder of Biogenera: “Biogenera has received the expert and qualified support of META Group, first during the founding phase of the company through backup for the research of investors (Ventures Capitals and Business Angels), and second, after the founding of the company, during the start up and launch phase, with a particular reference to the organizational aspects of the company”
Is Ingenium right for my region?
Do I have the knowledge intensive companies deal flow?
Normally the presence of one or more good University, large companies and vibrant internationally minded economic sector is a good indicator.
Ingenium Fund can also act as an initiator of a process of knowledge intensive companies creation in more traditional regions focusing start ups from outside the region.
Do I have the resources?
At least 5 million € are needed, while 15 - 20 million € is the optimal size.
Resources are normally found both within ERDF regional budget for financial engineering and with private investors.
How does the Fund work?
The Fund invest in knowledge intensive companies with the objective of positive returns mobilizing in both public and private resources.
Ingenium operates over a period of 10 year but can also be seen as a rotating instrument that will gradually capitalize the region itself.