The first Edition of the Andorra Business Market is being celebrated this Friday in Andorra la Vella with a number of participants exceeding all expectations. Over 130 people, business owners, investors and entrepreneurs are taking part in various meetings, in an event organized by Andorra Business.

The inauguration was given by the Minister for Presidency, Economy and Enterprise for Andorra and president of Andorra Business, Jordi Gallardo, who presented the business opportunities in Andorra. Gallardo highlighted that “the goal of the event is to connect Andorra´s business ecosystem with investor networks, Business Angels, and national and international Venture capital, and we believe that all expectations have been fulfilled”.

The program will host round tables, conferences, investment rounds and networking sessions. All of which, open to investment models in embryonic, developmental or consolidated stages, as well as asset acquisition and business investments.

The director of Actua Business, Judit Hidalgo, explained that “we have succeeded in gathering the country´s investors in a forum with international contacts and brought Andorra closer to international investment groups to enhance the entrepreneurial, startups and business ecosystem, and attract talent and initiatives. In short, a firm intent on entrepreneurship and business development taking place in an inspiring format, boosting connections between investors and business people”.

The participants in the Andorra Business Market

Among the speakers, some of the standouts were the British Tom Horsey, regarded as one of the most active Business Angels in Europe and CEO of StartupLabs or Paloma Cabello, investor and consultant for technological companies with a vast experience in business, entrepreneurial and startup ecosystems, current president of HG Beyond, and the first European to be on the Global Investment Board of MIT.

The program also included the participation of Francisco de la Peña, promoter of the Investment Fund in series B Invertits with a large impact in Europe and Latin America; Fernando Rodríguez Alemany, CEO of 15K Angels, investment fund specializing in promoting entrepreneurial initiatives in an embryonic stage; Fernando Moroy, from the International network of Business Angels Keiretsu Forum, one of the largest networks of investors with head offices in the U.S.A and Europe.

All of whom took part in the round table “Keys to obtaining Venture Capital investment: challenges, obstacles and opportunities”. We can also highlight the presence of firms such as Cupido Capital with the participation of Nicolás Camp and Jorge Fields, or the director who was in charge of Américo Venture, Valentín García, among others.

Investment in family companies as well as the strategic financing aspect for business development or the push towards innovation were also covered in this event with the signatures of Àrea Financera, Della Capital and Puente Relevo.

In the International field we can highlight the presence of French investment platform Multipliers, the British Capital Partners, the European Foundation Finnova with headquarters in Brussels and promoter of the Startups Europe Awards and the European Investors Community StartupXplore among others.

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