Tech Ranch® and the Italian Trade Agency have partnered to launch an Italian Global Startup Program. Entrepreneurs from Italy will spend three months in Tech Ranch’s accelerator program developing their innovative startup companies for growth in the U.S. market.
The Italian Global Startup Program was initiated by the Italian Trade Agency and the Italian Ministry for Economic Development to train and promote Italian startups abroad. Entrepreneurs were selected based on their development of innovations in products or services with potential for growth abroad, specifically in the following areas: ICT, robotics, MedTech and circular economy.
“The Global Startup Program is a very innovative project and aims to prepare more than 100 selected startups to face challenges and opportunities all over the world,” said Antonietta Baccanari, Italian Trade Commissioner. “We believe that Austin, with its entrepreneurial ecosystem, will offer to our startups all they need to reach their goals!”
The Italian Trade Agency, ITA, is the governmental agency that supports the business development of Italian companies abroad and promotes the attraction of foreign investment in Italy. With a motivated and modern organization and a widespread network of overseas offices, ITA provides information, assistance, consulting, promotion, and training to Italian small and medium sized businesses.
The Italian Global Startup Program consists of an integrated course in both Italy and the U.S. The program began in Italy with specialized classroom training that provided skills to sustain fast and lasting growth in international markets. The entrepreneurs will arrive in Austin on July 11 for a 3-month training program provided by Tech Ranch. Tech Ranch® will help the entrepreneurs discover the potential for their startups in the U.S. market, develop a strategy, and connect with potential customers, mentors, investors, and partners.
“We are thrilled to welcome the entrepreneurs from Italy” said Kevin Koym, CEO and founder of Tech Ranch. “These startups represent the best of Italian innovation. The technology that they offer can revolutionize solutions to problems faced not only in Italy but also the U.S. and the world.”
Tech Ranch® is a venture accelerator comprised of a global ecosystem of entrepreneurs, businesses, investors, and community leaders. Based in Austin, TX, Tech Ranch® provides the social capital, personal development, professional knowledge, and communal support necessary for entrepreneurs around the world to create companies that positively impact their local communities and solve pervasive global social challenges.
Tech Ranch® will host a launch event to introduce the public to the entrepreneurs engaged in the program. The event will be July 23, 2019 from 6 to 9 p.m. at the Plaza Conference Room, 111 Congress Avenue, Austin, TX 78704. There will be brief presentations by each of the startups followed by a networking reception.