We have received and are publishing the following joint press release from Italian Tech Alliance e InnovUp:
Italian Tech Alliance, the Italian association of venture capital, investors in innovation and innovative Italian startups and SMEs and InnovUp, the non-profit association that brings together and represents the Italian innovation supply chain – Startups, Scaleups, innovative SMEs, Innovation Centers, Enablers and Corporates – congratulate Agostino Scornajenchi for the appointment as CEO of Snam, and thank him for the work done in the eighteen months at the helm of CDP Venture Capital.
The Associations hope that the choice of his successor will be made promptly, in the spirit of continuity and valorizing professionals with proven experience in the sector, so as to guarantee stability and strategic vision to a sector that is crucial for the growth of the Italian economy.
“Italian Tech Alliance thanks Agostino Scornajenchi and wishes him the best, comments Francesco Cerruti, General Manager of Italian Tech Alliance, The expectation at this point is that decisions will be made shortly on the appointment of the new CEO of CDP Venture Capital, in order to ensure continuity with the work done in recent years, and above all that the choice of the new CEO is oriented towards a figure who already knows the sector and its peculiarities. This aspect is particularly important considering how the changeover is actually taking place halfway through a crucial mandate for the institution and for the entire innovation ecosystem, whose central role for the development of the country is unanimously recognized. What must be avoided first and foremost is the recurrence of the factual block of activities that we witnessed in the months preceding the appointment of Scornajenchi. We also believe that the medium-term objective is to align with the best practices of entities similar to CDP Venture Capital in other European countries, in which the management remains unchanged for several years, in a dynamic that naturally allows the creation of greater harmony with the timing of the market”.
“On behalf of the InnovUp Board and the entire Association, I would like to express sincere thanks to the outgoing CEO Agostino Scornajenchi for the work carried out since September 2023 at the helm of CDP Venture Capital” says Chiara Petrioli, President of InnovUp. “His commitment, together with that of the Board of Directors, has contributed significantly to the strengthening of the Italian venture capital market, which has reached investments equal to 1,9 billion euros, consolidating a path of growth and credibility. However, the road to competing at an international level is still long. In this moment of transition, it is essential that the new leadership be identified in the name of continuity and competence. The Italian innovation ecosystem today needs solidity, vision and timeliness more than ever. We hope that the new leadership will enhance what has been built, also thanks to a deep knowledge of the entrepreneurial fabric that CDP Venture Capital has helped to support and develop. InnovUp confirms its full availability for dialogue and collaboration with the future governance, in the belief that a shared approach, based on trust and competence, can further strengthen the role of venture capital as a strategic lever for the country's competitiveness. Together we can continue to grow a dynamic, inclusive innovation chain capable of generating value for the national economy.”
The two Associations will continue to ensure maximum collaboration with CDP Venture Capital, with the common goal of contributing in the years to come to the acceleration of the development of innovative Italian companies, thus contributing in a tangible way to the growth of the Italian economy.
Italian Tech Alliance – formerly VC Hub Italia – is the Italian association of venture capital, innovation investors (business angels, family offices and corporates) and innovative Italian startups and SMEs. It was founded in 2019 by the managers of the main venture capital funds active in Italy and today has over 60 investor members, over 140 of the main Italian startups and innovative companies and 26 supporting members. The investors of the Italian Tech Alliance manage assets for approximately 1,3 billion euros and have invested in over 250 Italian startups with high growth potential and strong technological content. One of the objectives of the association is to ensure that innovative companies can make a significant contribution to the growth of our country, also through greater awareness of the Italian public opinion on the issues of innovation and development.
Italian Tech Alliance Press Office
Albanesi PR – Communication Advisory
Marco Albanese | +39 329 3987262 | marco@albanesipr.com
InnovUp – Italian Innovation & Start Up Ecosystem
www.innovup.net
InnovUp is the non-profit and impartial association that since 2012 represents and unites the Italian innovation supply chain: Startups, Scaleups, innovative SMEs, Innovation Centers, incubators, accelerators, science and technology parks, startup studios/venture builders, crowdfunding platforms, professional firms, consulting firms and corporates. InnovUp works to strengthen and promote the ecosystem of Italian innovative entrepreneurship through 3 main areas of activity: Advocacy (working groups, position papers, parliamentary hearings and ministerial discussions to promote legislation favorable to the development of innovative companies), Networking (category tables, association chats, events, matching and roadshows to connect the players in the sector), Knowledge (observatories, reports, surveys, webinars, newsletters and academies to increase knowledge of the ecosystem, in the national and international context). InnovUp is the Italian contact for IASP (International Association of Science Parks and Areas of Innovation), ESN (European Startup Network), EBN (European Business and Innovation Center Network), EBAN (European Business Angels Network), AFS (Allied for Startups), EuroCrowd and ESNA (European Startup Nations Alliance).
InnovUp
Communications Manager Grazia Nappi – Grazia.Nappi@innovup.net
Press Office – Image Building – InnovUp@imagebuilding.it
