Venture Kick supports almost 100 start-up projects in 2024

According to a press release, the start-up promoter Venture Kick is accelerating its own growth as well as that of the financed start-ups. In 2024, 97 new start-up projects from Swiss universities received seed capital from Venture Kick. This number is set to increase to 200 new start-ups per year by 2027, the press release continues. By 2033, the aim is for investors to invest CHF 50 billion in a portfolio of 3,000 start-ups. The aim is to create around 100,000 jobs.

"The main reason for Venture Kick's growth is the increasing demand from highly qualified researchers who want to bring their innovations out of their labs and solve real problems of our generation," Beat Schillig and Jordi Montserrat, co-directors of Venture Kick based in the startup space in Schlieren, are quoted as saying.

According to this balance sheet, Venture Kick was able to finance one of three applicant projects in the first years from 2007 to 2012. 68 percent of the companies founded during this period still exist today, have received an average of 33 million Swiss francs from investors and employ an average of 44 people each, according to the press release. By the end of the year, the number of financed start-ups had increased to 1121. They were selected from 7800 applicant projects.

According to Venture Kick, the number of applications has grown by more than 10 percent per year. Today, 80 applicants a month apply for start-up capital. In addition to 150,000 Swiss francs in start-up capital from Venture Kick, the winners can also receive 850,000 Swiss francs from the Kickfund and 150,000 Swiss francs from Innobooster. ce/gba