Despite all the difficulties that the world is facing in health and economic terms, Management Innovation’s activities are proceeding with great intensity and enthusiasm towards next interesting objectives. We are selecting new investment opportunities that we believe are very interesting. We are supporting in the best way the startups and Innovative SMEs that are part of the MAIN investment portfolio.
In particular, there are new patents that Crypt Security is filing; a very interesting research project that Sidereus Space Dynamics has presented to the Campania Region, an ongoing crowdfunding reward for Galatea Bio Tech that is going very well.
On 18 September we held an Extraordinary MAIN’s Shareholders’ Meeting which approved a new capital increase that will end on 15th December, the appointment of a Board of Directors, with Dr. Pierluigi Sassi as Chairman, who already had the opportunity to introduce himself to all readers in issue 36 of this Newsletter, and the introduction of a very high profile Scientific Council.
The capital increase, which starts from a company evaluation of € 4M, aims to collect a total of € 250,000.00 between nominal shares and premiums. It is open to all current members and all those who wish to share this extraordinary adventure. The ticket for the minimum investment is € 1000.00. To become part of the company’s Investment Committee, it is necessary to hold a share of at least 1% of the capital and therefore the required payment is €40,000.00. Most of the capital is already substantially reserved by some highly valued professionals who have shown interest in joining the Investment Committee. The capital increase will end on 15th December. Since MAIN is an Innovative SME which, moreover, is part of the financial companies aimed at investments in Startups and Innovative SMEs, investments in MAIN enjoy a 50% tax deduction.
I invite all readers to participate in our little-big adventure!