Economy

CDP Venture Capital leads a project for nautical and logistics SMEs

DP Venture Capital is the leader of a venture building project entirely dedicated to the digital transition of Italian SMEs operating in the nautical and logistics-port supply chains. Through the Boost Innovation Fund, CDP Venture Capital – in agreement with the Ministry of Business and Made in Italy – has supported the establishment of a special purpose company dedicated to the construction and launch of new business initiatives that will develop products or services for the digitalization and innovation of SMEs operating in the nautical and logistics-port supply chains. With an investment of 8.7 million, the goal of the “Venture Builder of the Nautical and Logistics-Port Supply Chain” project is to create 10 new companies over the next 3 years that will be the subject of subsequent equity investments by CDP Venture Capital’s Boost Innovation Fund for an amount of approximately 30 million, which will be able to generate an additionality effect on the market that will bring total investments to approximately 70 million. The new businesses generated will be able to help fill the process and technological gaps of SMEs that develop components and services in the shipbuilding, recreational boating, cruise and port logistics sectors.