Date: 15-16th March 2019
Place: Carcavelos Campus of Nova School of Business and Economics
Lisbon, 13th March 2019 – Euronext and Nova School of Business and Economics (Nova SBE) are pleased to announce their partnership in bringing the TechShare campus to Portugal for the first time. Taking place on the 15th and 16th of March at Nova SBE, the TechShare programme will gather over 100 tech companies, including Cailabs, from 8 different countries. The top executives of these tech companies will work with Nova SBE professors in group workshops on business-related topics including internationalization strategy, leadership and culture, while life sciences companies will follow courses on the specificities of financing and growing with capital markets in their field. In addition, the participants will have dedicated interactive sessions with successful entrepreneurs listed on Euronext as well as the opportunity to attend a panel discussion on how to manage and optimise relationships with the financial community.
The companies participating in the programme represent the vibrancy and diversity of the tech ecosystem in Europe, and span a wide range of sectors including among others biotech, medtech, electronics, hardware, cleantech, software, digital services, e‐commerce, media and fintech. On average, participants generate annual revenues of €14 million, and employ c93 staff. They are also at an increasingly mature stage of growth as two‐thirds are venture capital‐backed having raised on average €17million in capital.
As explained by Isabel Ucha, CEO of Euronext Lisbon, “We are very pleased to welcome the second academic campus of the TechShare programme 2018-2019 with promising European companies to the leading business school here in Portugal. We are confident that it is the best choice to offer highly qualified classes to the hundred-plus companies that are part of the TechShare programme this year. These companies, selected for their innovative flair and strong performance, represent businesses active in TMT, life sciences and cleantech industries – and Euronext is undoubtedly the European venue of choice for them to expand and grow.”
On addressing the partnership with Euronext, Miguel Ferreira, Director of Nova Finance Knowledge Center of Nova SBE stated : “We are delighted to host TechShare at Nova SBE together with our partner Euronext. This event is a great opportunity for tech entrepreneurs to network and share their international growth ambitions, and consider capital markets as a way to finance their expansion in the years to come.”
“There is not enough information on how these markets function. With TechShare, I will be able to learn about these matters through the discussions by managers of listed companies or the input from investment banks, and thereby consider the stock exchange as a potential means of financing growth. Financial markets make it possible to finance growth very easily, in contrast to fund-raising, which is a much longer process”, explains Jean-François Morizur, CEO of Cailabs.
Launched in September 2015, TechShare is the only European programme dedicated to non-listed tech companies. With annual cohorts of fast‐growing European tech companies, the programme is an educational network designed to help these high‐potential businesses understand the role of capital markets and how they can help them reach the next stage of their growth. This year, Euronext welcomed companies from outside its domestic markets, with participants from Germany, Italy, Spain and Switzerland. This decision follows the opening of new representative offices in these countries and demonstrates the potential and dynamism of European companies in the tech sector. The number of companies participating has also increased significantly with 135 companies this year compared with 30 companies in 2015, representing a four‐fold increase in only three years. The 2018-2019 class has a large diversity across Europe: 14 come from Belgium, 39 from France, 23 from Germany, 11 from Italy, 18 from the Netherlands, 9 from Portugal, 9 from Spain, and 12 from Switzerland.
Euronext is the leading pan-European exchange in the Eurozone, covering Belgium, France, Ireland, The Netherlands, Portugal and the UK. With 1,300 listed issuers worth €3.4 trillion in market capitalisation as of end December 2018, Euronext is an unmatched blue chip franchise that has 24 issuers in the Morningstar® Eurozone 50 Index℠ and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, Euronext also operates Euronext GrowthTM and Euronext AccessTM, simplifying access to listing for SMEs.
About Nova SBE
Nova SBE is the leading Portuguese school in the areas of Economics, Finance and Management via its Bachelor’s, Master’s, Ph.D., MBA and Executive Education programs. It is on the list of the 30 best business schools in Europe with about 3,000 students from more than 70 different countries, and its programmes are recognised by the Financial Times. Member of the CEMS since December 2007, it is also a member of the restricted group of Triple Crown world schools, being the only Portuguese school classified by Eduniversal as “Universal Business School” with five Eduniversal Palms. It was the first Portuguese business school to acquire international accreditations and recognition of world renown in higher education. The international vision of Nova SBE is also reflected in the adoption of English as the main teaching language. The current Dean is Prof. Dr. Daniel Traça (PhD, Columbia University), also a former student of the school (BSc Economics ’85).
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