This quote, taken from today's Sifted newsletter, is the reasoning behind Cantera Capital, the JV company that we have launched at Eoniq.fund, Startups.st and BAnCLUBS.
Local and regional ecosystems, outside of the main hubs, require proactive policies to incubate, accelerate, and finance (with a balance between private and public financing often required) startup ecosystems. With effort it can, and will happen, and solutions such as Cantera, that provides 360° support mechanisms for financing and acceleration in local ecosystems, are vital to improve the chances of that. In a great series of conversations with María José Bernal Torres this week, this is just what we discussed, not specifically related to tech transfer (although that issue popped up!) but with regard to the overall health of local and regional ecosystems.
Now let's do it!! 💪
Title from the newsletter:
Spinout valley of death
Quote regarding local ecosystems:
“PoC funding is most needed where local ecosystems are suboptimal, distance to major investment hubs is significant, commercialisation resources are limited and institutions have no existing proof of concept mechanisms,” Ana Avaliani, director of enterprise at the Royal Academy of Engineering, told me in an email.
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