MATIMOP and Italian Banking Group Intesa Sanpaolo Sign Cooperation Agreement
Intesa Sanpaolo S.p.A (ISP), a leading Italian banking group, signed a cooperation agreement with MATIMOP this past October to promote joint industrial R&D activities and events that provide Israeli, Italian and European start-ups with access to corporate and institutional investors. The agreement was signed by Mr. Michel Hivert, MATIMOP’s Managing Director, and Mr. Walter Ambrogi, ISP’s Head of International, Corporate & Investment Banking, at a satellite event on “Italian Innovation in the Start-Up Nation” at the Tel Aviv DLD conference on October 24, 2012.
In the opening address of the event, Francesco Profumo, Italian Minister for Education, Universities and Research, said: “We believe that our bilateral relations are very much centered on science, technology and growth and we want to promote an even stronger bond between our countries on these aspects . . . Israel, the “startup nation”, is the perfect match for Italy and its industry.”
The agreement will help facilitate bilateral and multilateral industrial hi-tech R&D activities between the two organizations, as well as joint events in which start-ups from Israel and Italy/Europe will be able to meet with potential institutional and corporate investors, universities, incubators and other institutions in order to develop commercial, service and investment deals.
is a leading European bank that supports R&D and innovation, identifying and coaching promising start-ups, connecting them to potential investors – at key global events in important financial centers – in order to obtain support and make deals or to develop business or R&D in an open innovation framework.