The Balearic Yacht Destination members had the pleasure of attending the 3rd edition of the Boat Show Investment Forum, conducted by the Institut d’Innovació Empresarial de les Illes Baleares (IDI) together with Keiretsu Forum, which took place in Astilleros de Majorca on Monday May 29th.
This event consists of an investment forum for entrepreneurs or start-ups (which have been running for less than two years) and companies in growth stages (running for over two years) in the nautical sector looking for private equity investment. This forum aims to bring value and visibility to nautical business projects, as well as to stimulate investment in the nautical sector.
The event began with two presentations, one by Gonzalo Tradacete, co-founder and director of Faraday Venture Partners, and the other by Julián Gallardo, promoter of new business at MONDRAGON Promotion Centre. Their presentations hinged on investments. Some of the topics covered were from guidelines for evaluating opportunities and managing a portfolio of business investments to examples of how to perform open innovation linked to R&D departments.
Of the nine projects which took part in the Forum, only 7 were eligible for the prize, as two were updating their presentations of last year. The overall value of these business projects amounts to an investment of 4.2 million euros. All the companies were related to the nautical sector, from nautical construction through technological platforms to the nautical industry.
This year, La Bella Verde, a company specializing in sustainable sailing, won the award. The project, presented by Martelen Bernhart, encompasses the construction and development of electric-solar boats, and the conversion of conventional boats to electric or hybrids, thus helping to preserve the marine environment.
When the votes had been counted, and the winning award had been presented to the victorious “La Bella Verde”, thus concluded the third Forum organized by the IDI, together with Keiretsu, one of the largest networks of private investors in the world.