The most creative enormous organizations and new companies team up with the vision that development will advance the cutthroat situation of the previous and assist the last option with developing. In this unique situation, and to reinforce the pioneering environment, LLYC Venturing is dispatched, a corporate endeavor drive drove by LLYC (Llorente and Cuenca) pointed toward putting resources into new businesses with high development potential in the underlying stages. It will zero in on the critical business sectors where the consultancy is available (Europe and America).
LLYC Venturing plans to contribute up to € 5 million out of 20 startup projects over the course of the following four years, between € 50,000 and € 500,000 for every task. A minority level of its capital will be taken, looking to advance the joint endeavor at the hour of section of LLYC Venturing. The activities will be broke down by a group drove by Marcos Aubeso, Investment Director of LLYC Venturing, and supported by a speculation council comprised of Luisa García, CEO Europe; Alejandro Romero, CEO Americas; Adolfo Corujo, Chief Strategy and Innovation Officer; Marta Guisasola, CFO, and Francisco Sánchez Rivas, individual from the top managerial staff of LLYC SA. The supports come from the counseling firm LLYC (Llorente y Cuenca SA).
The organizations wherein LLYC Venturing needs to contribute will be centered around the accompanying areas: programming for computerized showcasing, man-made reasoning zeroed in on correspondence and promoting, blockchain firms that permit to change correspondence, IoT (Internet of Things) that further develop individual/machine correspondence and augmented reality organizations that assist with working on vivid encounters.
“We need to assist new businesses with developing. Moreover, being near them will permit us to reinforce our offer “, says José Antonio Llorente, Founding Partner and President of LLYC.
LLYC Venturing advances the serious situation of the firm later on. With this venture vehicle, the counseling firm builds up its obligation to development to meet the arrangements requested by customers. Its constitution is essential for the dispatch of the Deep Digital Business (DDB) offer, which in four years is assessed to represent half of the counseling association’s charging.