On April 9, 2024, CDP Venture Capital presented the 2024-2028 Business Plan. The business plan is the strategic roadmap pursued by CDP Venture Capital that aims to position Italy as a hub of innovation and technological development that promotes innovation through various funds and direct investments.
The Italian startup ecosystem is about to experience a significant transformation, thanks to CDP Venture Capital's recent announcement to invest €2.2 billion in 50-70 new venture capital funds focused mainly on the Seed and Series A stages.
This initiative represents a breakthrough for access to capital and underscores a crucial evolution in the financing landscape for innovative companies in our country.
For startups, the increase in available funds means greater ease in raising capital, which is essential for accelerating growth and fostering innovation. However, this scenario also presents new challenges and opportunities for angel investors, who are traditionally positioned in the early stages of a startup's life cycle.
Italian Angels for Growth (IAG), with an established presence in the sector and a long tradition of supporting startups, has already taken significant steps to adapt to these new dynamics.
The creation of Eden Ventures, the pre-seed investment arm of IAG, is a prime example of how our network is anticipating market changes, strategically positioning itself to fill the funding gap at this critical stage.
The CDP Venture Capital plan also offers an exciting prospect for the future for many IAG members. Historically, the transition from part-time investors to full-time fund managers has been a natural path for some of our most experienced members.
The current environment, enriched by new funds, could accelerate this transition, expanding opportunities for IAG angels to launch and manage their own venture capital funds. This would not only help further strengthen the Italian entrepreneurial fabric, but it also strengthens IAG's network, demonstrating the value of the experience accumulated within the association.
In conclusion, the new CDP Venture Capital plan is excellent news for the entire Italian entrepreneurial ecosystem. For us at IAG, it represents both a confirmation and a challenge: confirmation that we are moving in the right direction and the challenge to continue to innovate and adapt to maximize the impact of our work. With enthusiasm and commitment, we look forward to a future full of opportunities, ready to support the next generation of Italian entrepreneurs.