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ACCES TO FINANCE FOR THE CULTURAL AND CREATIVE SMEs

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ACCES TO FINANCE FOR THE CULTURAL AND CREATIVE SMEs

ACCES TO FINANCEFOR THE CULTURAL AND CREATIVE SMEs

The conference aims to provide a wide scope of the key issues and

challenges related to access to finance (existing trends, next practices

and opportunities for cultural and creative industries (CCIs) at

European level. The targeted and expected audience of the conference

is mainly composed of two groups: on the one side, the SMEs and

entrepreneurs attending bizbarcelona (www.bizbarcelona.com); and

on the other side, regional, national and European policymakers

from the cultural and creative domains as well as from the industrial

policies.

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ACCES TO FINANCE FOR THE CULTURAL AND CREATIVE SMEs

What opportunities does Europe offer on Access to Finance for the cultural and creative SMEs?Moderator: Edgar Garcia Casellas, Director of the Business Development Area, ICEC -

Catalan Institute for the Cultural Companies

Welcome by Carsten Schierenbeck, Policy Officer

DG Entreprise and Innovation, European Commission

ECIA presentation by Rasmus Windstedt Tscherning, ECIA - European Creative Industries

Alliance chairman

Main conclusions of the ECIA paper ‘Key isues and challenges on Access to Finance’

and benchmarking on best cases on Access to Finance in Europe, by Thierry

Baujard, President of Media Deals & Member of ECIA WG Access to Finance

Guarantee Fund under the Creative Europe programme (2014 – 2020), managed by the

European Investment Fund (EIF), by Dorota Nigge, Policy Officer, DG Culture and Education,

European Commission

CI-Factor rasing awareness and capacity building actions in suport of the Guarantee Fund

/ case study based on Cuultur-Ondernemen experience, by Joost Heinsius, Manager

Knowledge & Innovation, Cultuur-Ondernemen

“The Cultuur-Ondernemen foundation supports and guides artists, creatives and cultural organisations

in putting their creative capital to optimum commercial use. ‘Cultuur-Ondernemen’ collects and shares

knowledge of the cultural sector and brings together artists, creatives, cultural institutions, companies

and social organisations.”

FAME Pan – EU fund for Creative Industries, by Michela Michili, Head of EU

programmes and International Initiatives Unit, FILAS

“Project FAME is a newly established cross-border European partnership bringing together four partners

with extensive expertise and experience in financing promising companies in the Creative Industries (CI)

sector.”

Audience Q&A

16:00-17:00

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ACCES TO FINANCE FOR THE CULTURAL AND CREATIVE SMEs

The future of crowdfunding in Europe for CCIs: from project to equity crowdfunding?Moderator: Ramon Saltor, CEO, The Crowd Angel

‘How to grow’ platform: connecting traditional and novel sources of financing, presentation,

by Marija Popovic, Head of European Project Department, European Design Center

“A platform designed to boost the growth of creative companies across Europe with a set of services

and tools.”

Liam Collins, Policy Advisor, NESTA

“NESTA – National Endowment for Science, Technology and the Arts, is an independent charity with a

mission to help people and organisations bring great ideas to life. We do this by providing investments and

grants and mobilising research, networks and skills. Nesta doesn’t work alone. We rely on the strength of

the partnerships we form with other innovators, community organisations, educators and investors too. ”

Benoit Vandevivere, ECN Member & Policy Advisor and CEO of Secured Assets

and AAA Group

“The ECN - European Crowdfunding Network promotes and supports the development of Crowdfunding

mechanisms as a viable funding source to European companies and investors.”

Carlos Silva, President & Chief Operating Officer, Seedrs

“Seedrs is an easily invest in startup businesses online. Or equity crowdfund your new business online.”

Ramon Saltor, CEO, The Crowd Angel

“The Crowd Angel is a specialised platform for online investing on selected investment ready startups that

also offers a monitoring of the process available for the investor. In one year since its launch, The Crowd

Angel has closed five transactions, for which has attracted € 1.2M and 60 investors have invested.”

Debate

Audience Q&A

17:00-18:00

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ACCES TO FINANCE FOR THE CULTURAL AND CREATIVE SMEs

Roundtable: What do European investors look for in the CCIs? Moderator: Jenny Tooth, Managing Director of Angel Capital Innovations and Chief

Executive of UK Business Angels Association

“Angel Capital Innovations is part of the Angel Capital Group, founded in 2009 to focus on the development

of business angel investing, incorporating London Business Angels which brings £10m investment

annually to around 18 businesses, as well as supporting major programmes in investment readiness

and investor capacity building. UK Business Angels Association is the trade body for angel investing in the

UK, representing over 8,000 angel and early stage investors.”

INTRODUCTION

Main conclusions of the survey Taking the Pulse of Investors, traditional and alternative

Finance Sources in Financing the CI, Jenny Tooth, Managing Director of Angel Capital

Innovations and Chief Executive of UK Business Angels Association (CI-FACTOR project)

ROUNDTABLE

Antoinette Godin, European Projects Officer of St’Art

“St’Art is an investment fund supporting development of creative economy in Belgium”

Jose María Pina, Entrepreneurship Director, Keiretsu Forum Barcelona

“Keiretsu Forum is a global angel investor network with over 1,000 members on 3 continents throughout

our 26 chapters. We are present in Spain since 2007 our members have invested in 32 companies more

than 8 M.€ . We link entrepreneurs with equity and resources in different markets; building additional

quality deal flow for our members.”

Anthony Clarke, MD of London Business Angels

“London Business Angels is one of the oldest, most respected and successful Business Angel Investment Networks in

the UK and indeed Europe. Since 1982 we have been connecting high growth small and medium sized enterprises with

investment through our network of experienced and discerning business angel investors.”

Núria Bosch Balada, Board of Directors member at Baring Private Equity Partners

“BPEP Spain was originally part of the multinational group Baring Private Equity International, which is

comprised of an extensive on-the-ground network of private equity specialists with a global presence and a

focus on their local markets, in addition to a wide array of experience in various markets throughout its history.”

Discussion and Audience Q&A

18:00-19:00

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ACCES TO FINANCE FOR THE CULTURAL AND CREATIVE SMEs

This initiative is financed under the Competitiveness and Innovation Framework Programme (CIP) which aims to encourage the compe-titiveness of European enterprises