ImMediaTe Welcomes New Associate Partners Onboard November 9, 2010
Two new associate partners – MEDIEN.NRW - Media Cluster of North Rhine-Westphalia and Zernike Meta Ventures - Ingegnum - have joined the ImMediaTe Consortium.
Letters of intent have been signed with two new associate partners to mobilise further resources for ImMediaTe, a project designed to improve the value of digital media and creative industries through innovative business models and services.
MEDIEN.NRW - Media Cluster of North Rhine-Westphalia is the regional development agency promoting the expansion, marketing and internationalisation of North Rhine - Westphalia media companies with a specific focus on digital media. Its main objectives are to foster long-term growth and innovation in the region’s thriving media business. North Rhine – Westphalia is Germany's main media location with over 65,000 media and communications-based companies providing employment to over 342,000 individuals. In 2007, sales generated in the media and communication industry totalled more than €118 billion.
Ingegnum is a venture capital fund designed to support start-ups in the Emilia-Romagna Region. The Ingegnum fund is managed by the Italian-Dutch joint venture META Group - Zernike Group. The fund, which finances innovative start-ups through the acquisition of temporary stock capital, can count on €7 million (5.3 from the Emilia- Romagna Region and 1.7 from the group).
The ImMediaTe Consortium is currently pursuing a coordinated strategy to promote all its activities and identify possible synergies and financial opportunities for SMEs with all public organizations, associations, companies and other type of stakeholders active in the creative industries.