UNUnited Nations Economic Commission for Europe

Press Release

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ADDRESSING THE CHALLENGES OF FINANCING INNOVATIVE ENTERPRISES

Meeting of Experts on Financing for Innovative Development
Geneva, 3-4 May 2007

Geneva, 1 May 2007 -- How can innovative enterprises finance their future growth? How to facilitate the flow of venture capital and other funds to innovative business? What role can the public sector play in improving the access to finance for innovative enterprises? How national development banks and other public financial institutions can foster innovation? These are some of the issues that will be addressed and discussed at the Meeting of Experts on Financing for Innovative Development on 3-4 May in Geneva.

This Meeting of Experts is organized in cooperation with the UN Department of Economic and Social Affairs (DESA) and is part of the Programme of Work of the UNECE Committee on Economic Cooperation and Integration. The meeting will provide a forum to facilitate the identification of good practices leading to policy recommendations concerning the financing of innovative enterprises. These outcomes will be broadly disseminated in the UNECE region, providing the basis for future capacity-building and technical assistance activities in response to demands by member States.

Public sector experts with responsibilities in the area of enterprise financing, representatives from a large number of business angels and venture capital associations as well as from multilateral financial institutions and development banks will participate in this meeting.

What: Meeting of Experts on Financing for Innovative Development

Where: Palais des Nations, Geneva, Salle V

When: 3-4 May, 10 a.m.-6 p.m.

For further information, please contact:

José Palacín
UNECE Economic Cooperation and Integration Division
Palais des Nations, Office 449
CH-1211 Geneva 10, Switzerland

Phone: +41 (0)22 917 1643
Fax: +41 (0)22 917 0178
E-mail: [email protected]

Website: http://www.unece.org/ceci/fid.html

Ref: ECE/ECID/07/P02