Milan startups: Trying to measure the maze

Chamber of Commerce panel On July 20, Mariella and I, owners of the new Chaoyang Creative Works PR and content agency in Milan, attended a meeting on business startups hosted by the Milan Chamber of Commerce. I understood little because it was in Italian, but you don’t need to speak the language to sit through two hours of Power Point presentations that contain a bewildering number of lists and requirements. The opening speaker noted that bureaucracy is one of the main barriers to startups and innovation in Italy – and that was immediately followed by presentations with a mind-numbing range of bureaucratic hurdles that must be cleared to start a new business and try to get a financing boost. One of the speakers told the sparse crowd of hopefuls that it takes six months to get a company registered, and it is even better to wait until next year. What does that do to the few young dreamers with a new idea in the audience? Are they still going to be on fire next year? ...