Roundtable: Exploring the role of large corporations in developing the local ecosystem

					
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Roundtable discussing how large corporations, through specific support programs offered to start-ups (such as mentoring networks, financing, acquisitions, product development, etc.), contribute to innovation and the development of an entrepreneurship-based ecosystem.

The speakers shared their main motivations related to the provision of development support for newly-created and innovative companies, responding directly to questions posed by the audience.

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SPEAKERS:

  • Verónica Respaldiza López– IBM Ecosystem Development Manager
  • César Gallo Erena– Vice-President of the Repsol Foundation
  • Yolanda Pérez Sáez– Director of BStartup, the entrepreneurship arm at Banco Sabadell

QUESTIONS POSED BY FARADAY:

  • What are the main benefits that programs designed by your corporation can provide start-ups? Minute: 11:40
  • What objectives does your company pursue by launching these initiatives? Minute: 26:46
  • What are your greatest successes to date and what made you undertake these projects? Minute: 32:47
  • When does it make sense to establish these partnerships? What are your greatest failures to date and what were the corresponding initiatives? Minute: 32:47
  • What trends/technologies/areas of business do you want to foster within your corporations in the short and medium term? Minute: 44:08
  • What regulatory changes are you planning to implement in Spain to encourage entrepreneurship and innovation? Minute: 51:16
  • What are your 3 favourite Spanish start-ups (not part of your programs) and why? Minute: 55:35

QUESTIONS POSED BY ATTENDEES:

  • What happens when one of the start-ups you are invested in turns out to be a failure while it is still in the middle of the incubation or acceleration phase? Minute: 1:00:05
  • What is your opinion regarding education? Minute: 1:04:14
  • What are the most common causes for rejecting a project based on the projects you receive? Minute: 1:11:58