Home » The French model is to make tech startups grow: is ours?

The French model is to make tech startups grow: is ours?

by admin

These are days of great hope, of vaccinated people embracing, of masks that begin to lower at least when we are alone. These are days in which the first construction sites of the Recovery Plan are opening and ministers are competing to make their mark on the fact that “the economic recovery will be robust”. In short, Italy will once again be a great country that is growing and not a great country in irreversible decline as it seemed. But are we really doing enough? What does it mean to grow up today? What does it mean to be in the leading group of countries that innovate and create wealth by combining it with social justice? Let’s take France, which is nearby and looks like us. On June 7, Economy Minister Bruno le Maire said: We are a nation of startups and will soon be a nation of large tech companies. The occasion was the launch of a $ 6 billion plan to finance technology startups based in France and capable of becoming global companies by the end of 2022. The initiative is the consequence of a study a few months ago in which it is said that the sovereignty of a country passes from the ability to grow technological companies capable of ensuring prosperity. Six billion dollars in just over a year. To which are added 30 billion of venture capital for startups in general. The short-term goal is to have 25 unicorns by 2025, or 25 startups valued at more than a billion (here we are at zero). The day after the announcement of le Maire, the French Pasqal closed a round, led by the Defense Innovation Fund, raising 25 million euros to develop quantum computing in the offer of cloud services. Eni is also among the investors, through Eni Next.

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In short, I repeat: are we doing enough for the Italy of the future?

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