The Intersection Between Capacity Building and Finance
New ventures do not have access to the same financial resources as larger firms, for the presence of the so-called “funding gap”. Such a barrier can be particularly pronounced for university startups, given their knowledge- and technology-based nature. To address this market failure, universities (often in collaboration with public and/or private partners) have started to activate programs to support their startups. By presenting a set of best practices and case studies, the chapter describes three main areas of intervention in the area of capacity building for accessing finance: (i) raising awareness and competences to access external finance (i.e. training activities and commercialization bootcamps), (ii) supporting the validation and maturation of university technologies (i.e. proof-of-concept programmes and university accelerator programmes) and (iii) enhancing interactions and building partnership with investors (i.e. matchmaking events with investors, networks of different types of investors, formalized partnerships between universities and financial investors, and university seed funds).
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