Milan startups: Trying to measure the maze
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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?
We registered our new company in six weeks. And it was indeed a bureaucratic maze of
documents, stamps, seals and agencies.
But we didn’t wait until next year.
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Sant'Ambrogio |
The number of new businesses has grown a bit, we learned, and
the business community and government seem to recognize the need to help
startups – in theory. But thus far it seems their answer is to form yet more
agencies that simply repeat the vast lists of requirements – then their salaried
employees quickly leave the meeting at its conclusion.
And like the rest of Milan, the building is beautiful, complete with a fine statue of Sant'Ambrogio, patron saint of commerce and
also of Milan.
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