Ciao a tutti,
We have been waiting for this week’s major announcement for the last 15 months, ever since the “Fondo Nazionale Innovazione” was initially announced by our government in March 2019. The €1 Billion investment program was finally unveiled, with the stated goal to close the venture capital gap with our European peers.
As an interesting, and somewhat unexpected, coincidence, this week we also saw Italian investors announcing investments abroad (spoiler: 🇺🇸, 🇪🇸) and exiting from investments abroad (spoiler: 🇬🇧).
Finally, I’m glad to announce that VC Hub Italia
, a think-tank focused on promoting and developing venture capital in Italy, has decided to support this newsletter - we are all working towards a common goal and I am happy to offer my contribution!