Deep Tech Nation Switzerland promotes cutting-edge Swiss technologies together with Venture Kick
Venture Kick has set itself the goal of supporting 3,000 science-based start-ups that create 100,000 jobs by 2033. To achieve this goal, the foundation is expanding its partner network. Venture Kick is pleased to welcome the Deep Tech Nation Switzerland Foundation as a new partner.
The Deep Tech Nation Switzerland Foundation is committed to sustainably improving the framework conditions for Swiss start-ups, scale-ups and investors in the deep tech sector, thereby strengthening Switzerland's innovation and competitiveness in the long term. The foundation's goal is to mobilize around CHF 5 billion annually for Swiss deep tech start-ups over the next ten years. This corresponds to a doubling of the current investment volume. This should indirectly create up to 100,000 jobs and strengthen Switzerland's position as a leading nation for deeptech.
Venture Kick is an initiative of the non-profit Kick Foundation, which was launched by a private consortium. The Deep Tech Nation Switzerland Foundation will join the consortium and the supporting partners. These include Gebert Rüf Stiftung, Ernst Göhner Stiftung, Fondation ALCEA, Lichtsteiner Foundation, Hauser-Stiftung, André Hoffmann, Hansjörg Wyss, Martin Haefner, Fondation Pro Techno, ESA BIC Switzerland and Swisscom.
"Venture Kick does an impressive job of supporting young companies from idea to market maturity," says Joanne Sieber. She is CEO of the Deep Tech Nation Switzerland Foundation. "We are delighted to support this important accelerator because our missions - promoting Swiss innovation and creating sustainable high-tech jobs - complement each other perfectly."
Strong partners for global Swiss start-ups
"The participation and commitment of the Deep Tech Nation Switzerland Foundation strengthens the common goal of our partnership consortium," explained Pascale Vonmont, President of the Venture Kick Strategy Board. "With Venture Kick, we are creating the conditions to globalize promising business ideas and contribute to the development of Switzerland. We are delighted to welcome the Deep Tech Nation Switzerland Foundation as an important supporter."
Over the past 17 years, Venture Kick has supported more than 1,100 startups that have raised over CHF 9 billion from investors and created more than 15,000 jobs. Venture Kick is considered a reference model for early-stage funding, characterized by the outstanding market success of its alumni who take on global challenges. Venture Kick contributed to this by creating credibility and visibility as well as providing access to a broad network of investors and industry partners. For the next decade, the team behind Venture Kick plans to further expand its successful model.
"The main reason for Venture Kick's growth is the increasing demand from highly qualified researchers who want to bring their innovations out of their labs and solve real problems of our generation," explain Beat Schillig and Jordi Montserrat, Co-Managing Directors of Venture Kick. "We used to fund one project out of three applications - now it's just one out of ten. In order to support more promising start-ups from Swiss universities, Venture Kick needs more partners."
Source: innosuisse.venturelab.ch
