“Italia Venture II will serve to support and strengthen the dimensional growth of small and medium-sized southern enterprises. It is a very important objective that broadens the Invitalia group's offer portfolio to include this aspect as well". The new instrument “will allow southern companies to grow in size. It doesn't happen often considering the difficulties that businesses, especially in the South, have in accessing ordinary finance”. This was stated by Domenico Arcuri, CEO of Invitalia, interviewed by Tg1, announcing Italia Venture II - Fondo Imprese Sud, the new private equity instrument established by the 2018 Stability Law and managed by Invitalia Ventures, the asset management company controlled by Invitalia.
“The South – added the CEO of Invitalia – has been growing for three years as and more than the rest of the country. To continue to support this growth, first of all it is necessary that the many excellences that exist in the South - often ignored, sometimes unknown - can strengthen their dimension and their competitiveness. To do this you need access to the capital market. It is not always easy – concludes Arcuri – we need patient and promising investors like Invitalia has shown over time that it knows how to be”.
