SIX Swiss Exchange and Venturelab will be working together in future. According to a press release, the new partnership aims to provide Swiss companies with the right tools to make the best decisions for their financing activities on both private and public capital markets. The press release goes on to say that the collaboration will enable the best Swiss start-ups to go public on the Swiss stock exchange and raise growth capital.
“We are convinced that the distinct advantages of public markets can help many more SMEs grow stronger”, comments Valeria Ceccarelli, Head Primary Markets at SIX Swiss Exchange, in the press release. “This cooperation with Venturelab will help us spread awareness of the multiple benefits of being a publicly listed company”, she adds.
Stefan Steiner, Co-Managing Director of Venturelab, also takes the view that IPOs have always been “an important option for scale-ups”. Today, the majority of entrepreneurs lack the requisite knowledge of how an IPO actually works, while the “many misconceptions potentially limit growth opportunities for these organizations”.
As part of this collaboration, SIX Swiss Exchange will become a new Gold partner of the TOP 100 Swiss Startup Award. According to the press release, the TOP 100 partnership will offer exclusive training programs for high-potential IPO candidates that have demonstrated rapid growth. In so doing, the aim is to complete the value chain and grant access to capital for the most promising Swiss start-ups.