E&M

2022/2

Alberto Dell’Acqua

Start-up Finance: Promoting and Sustaining Innovation

To finance start-ups, to meet financial needs and the need for less dilution of the founding shareholders, various instruments are currently available. In particular, beyond simply raising equity through private placement, it is possible to make use of alternatives such as participatory or convertible financial instruments, semi-equity instruments and stock market listing. This evolution in the tools for financing innovation and in the consolidation of valuation methodologies for startups can therefore represent a new and important pillar for the future development of the Italian ecosystem of innovation.

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