EuroNext subsidiary EnterNext will launch TechShare, a new project designed to aid fast growing tech companies in Europe. TechShare is a pan-European course created by EnterNext to familiarize SMEs with capital markets and prep them to take their companies to market. EnterNext is a stepping stone sub dedicated to promoting SMEs.
EuroNext is a pan-European securities exchange based in Amsterdam. EuroNext merged with NYSE Group back in 2007.
Eric Forest, Chairman and CEO at EnterNext, said of the project;
“With TechShare, EnterNext aims to provide long-term assistance to tomorrow’s economic champions, starting well before listing. Education, proximity and close collaboration with target companies are our watchwords. Europe has a rich fabric of innovative companies and a pool of international investors prepared to support growth. We are convinced that financial markets have a role to play in company growth and our aim is to make Euronext a European benchmark for technology stocks. We are also very proud to have rallied so many truly outstanding partners and mentors to this project and we thank them for their participation.”
TechShare is designed to help leaders of tech companies better understand the role of financial markets and how they work. The entire project was created to assist entrepreneurs and make them better able to judge the opportunity of listing in tandem with their specific business projects. TechShare is described as a “bold European project designed especially for fast-growing companies”.
EnterNext is said to be “acutely aware of tech stocks’ market potential”. In 2014 EnterNext launched three initiatives targeting SMEs. TechShar is the 3rd of these.
TechShare covers all Euronext countries, combining a pan-European and local approach. The inaugural class of SMEs consists of 30 tech businesses—15 French, 5 Belgian, 5 Dutch and 5 Portuguese. Their representatives will meet at on-site sessions, with technical workshops and one-on-one coaching organized by partners in their country of origin. Participants are businesses active in digital technology, life sciences and eco-industries that are considered potential listing companies in the coming years.