Review on Foundation for Technological Innovation (FIT) by Farhad Muradov
my review on FIT
Foundation for Technological Innovation was founded in 1994, the head office located in Lausanne. As the name implies, the activities of this fund are aimed at supporting innovative technologies.
At different stages of development since 2018, received support as well cleantech, life science, industry and digital.
Speaking about the activity, it is worth emphasizing that Foundation for Technological Innovation supported 47 start-ups to create a business, with the help of grants. Over 39 million Swiss francs have been allocated to support 191 innovative companies
One of the best examples of investing in a start-up is a company Mindmaze. For now this company value more than 1 billion Swiss Francs. Start-ups in which FIT invests mainly occupy leading positions in the rating of the best startups.
Pros
- Invest in start-ups
- All information about the projects shown on official website
Cons
- Nothing to add
