What happens to Enea Tech of Tria?
New earthquake in Enea Tech, the body launched in 2020, endowed with 500 million, with the task of injecting liquidity into the national biotechnology supply chain and supporting technology transfer from universities to companies. However, everything is still at a standstill in the company, chaired by former minister Tria
The former Enea Tech, the biotech foundation of the Ministry of Enterprise and Made in Italy (Mimit), which became Enea Tech and Biomedical and is now ready to change its connotations again, is a quagmire that seems to have no end. A stagnation well represented by the institution's twitter account .
STEP BACK OR SIDE FOR THE ENEA TECH DG?
As Corriere della Sera reports, the current general manager Marco Baccanti takes a step back, a super manager who was executive director of a research park in the United Arab Emirates and also led the San Raffaele Biomedical Science Park in Milan. According to Wired , Bacchae will still remain on the board of directors, from which the name of whoever will succeed him will be drawn.
In the swamp, underlines the RSC newspaper, there has also ended up at least half a billion of funds supplied to the institution born in the midst of the pandemic, in 2020, with the second Conte government . The Foundation, established with the Relaunch Decree, cost more or less the same as the famous wheeled benches (for them we are talking about 460 million euros) and some malignant – it is clear from the Corsera – had the same utility although it had the purpose of promote investments and initiatives in the field of research and development and technology transfer in favor of companies operating on the national territory, with particular reference to innovative start-ups and innovative SMEs.
THE TRANSFORMATION UNDER DRAGONS
As envisaged by the Statute, the Foundation had to participate in and invest in innovative start-ups and SMEs, university spin-offs and research and development centres, promoting and supporting the processes of innovation and technology transfer of SMEs for the creation of highly technological content. For this purpose he would have had to manage the famous 500 million euros.
In 2020, they recall in Corriere , there was also talk of an endowment that could have exceeded one billion, which moreover was almost achieved when Minister Giancarlo Giorgetti – therefore Draghi was already in government – “attempted to move another 400 million from Invitalia, then went back due to substantial defects (in Invitalia there were already requests for funds that would have remained unfulfilled by blocking development contracts)”.
And it is precisely with the new executive that around the Mise they realize that for startups there is already the appropriate branch of CDP and many insiders had in fact pointed out that funds were being dispersed in a thousand streams and that the multiplication of public support in the sector only risked draining private funds. In fact, let's not forget that it was competing with venture companies which instead had to raise the money on the market and are subject to rules to which the Foundation is detached.
The Foundation thus changes its name to Enea Tech and Biomedical and detaches itself from Enea, formally becoming private although it is financed by public money. "The presidency – they recall from via Solferino – is called Giovanni Tria, former minister with Conte, who immediately said he was against the logic of the "ATM" for innovative companies". For this reason, the organization begins to support technological development. But everything essentially remains bogged down because the "resources, initially foreseen in the amount of 500 million euros, were never transferred to the foundation".
And now everything needs to be redone: the General Manager is leaving, in the meantime a new executive has taken office in Palazzo Chigi, the fourth since 2020 and it will be necessary to understand what the future will be for this private law foundation which however needs public funds to to survive.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/innovazione/che-cosa-succede-a-enea-tech-di-tria/ on Mon, 27 Mar 2023 09:10:09 +0000.