the swiss times
de_DE German
de_DE German en_GB English fr_FR French es_ES Spanish ar Arabic
the swiss times

UBS & Swisscom To Promote Tech

UBS & Swisscom To Promote Tech

Fr, Jun 7th 2024

UBS and Swisscom are propelling Switzerland’s deep tech innovation with the Deep Tech Nation Switzerland Foundation

KEYSTONE/Georgios Kefalas

UBS and Swisscom have founded the “Deep Tech Nation Switzerland Foundation” to support companies with cutting-edge technologies in Switzerland.

The foundation’s mission is to enhance conditions for Swiss start-ups, scale-ups, and investors in the deep tech sector, which focuses on impactful technologies solving significant social problems. There is a notable lack of necessary risk capital in this research-intensive sector. The goal is to mobilise CHF 50 billion over the next ten years, indirectly creating up to 100,000 new jobs in Switzerland.

Currently, Switzerland invests just under CHF 3 billion annually in companies in the growth phase. In contrast, Sweden invests at least CHF 5 billion per year, and Israel regularly invests more than CHF 10 billion annually.

Planned measures include creating “Venture Hub Switzerland” with internationally competitive financial and legal structures. Additionally, a “Unicorn Factory” will support young companies with high potential. An information platform on the Swiss innovation ecosystem is also planned to provide investors with a quick overview.

The Deep Tech Nation Switzerland Foundation, established in May 2024, is an independent non-profit foundation. Partners like Stadler Rail, SIX, Vaudoise Insurance, Rolex, Swiss Re, SICPA, and the University of Zurich have already joined.

UBS Switzerland CEO Sabine Keller-Busse and Swisscom CEO Christoph Aeschlimann presented the new foundation at the Swiss Economic Forum SEF on Thursday.

©Keystone/SDA

Verwandte Geschichten

In Kontakt bleiben

Erwähnenswert

Trial of Fatal 2022 Accident Begins in St. Gallen
Erwähnenswert
21 Mai 2024

Trial of Fatal 2022 Accident Begins in St. Gallen

“Do Not Fear Trade Dependency” – Federal Council
Erwähnenswert
23 Mai 2024

“Do Not Fear Trade Dependency” – Federal Council
the swiss times
Eine Produktion der UltraSwiss AG, 6340 Baar, Schweiz

Schnelle Links

Startseite Datenschutz GTC Kontakt Über uns
Copyright © 2024 UltraSwiss AG 2024 Alle Rechte vorbehalten