Research Result :: Smart systems raise interest from European private investors
(02/12/2013) The FP7 project COWIN successfully turns EU research projects into attractive business opportunities that support the growth and launch of start-up companies. On October 10, the inaugural COWIN Investment event assembled 70+ innovation stakeholders representing research, industry, entrepreneurs, and public and private funders active in smart systems.
10 companies that benefitted from COWIN’s support in the definition and implementation of their growth strategy presented their strategic positioning and development plan to 15 pan-European private investors, all members of COWIN’s network. These 15 venture capitalists represent more than 3B€ in managed funds. More than 80 one-on-one meetings took place during the event’s networking session.
The 10 selected companies represent the potential of innovative smart systems technologies. The companies’ activities cover various application fields including Mobile, Industrial, Environmental, Medical Devices, Diagnostics and Security. Based on the exploitation of EU research projects results, each company has developed a unique value proposition and an attractive competitive positioning. They all benefit from COWIN support and although most of them are early stage companies, they are all generating sales and setting-up strategic partnerships to support their growth.