Editorial: A look ahead to the GGV Summit

Global Government Venturing is gathering international leaders in California next week to discuss the current and future state of government venture capital.

With a total of more than 200 new and existing funds in the news here on Global Government Venturing, next week’s GGV Summit in Sonoma, California will have no shortage of topics for discussion.

GGV has invited government venturing leaders from around the world, from the US to Finland, to take part in a workshop aiming to understand how governments can support entrepreneurs in starting businesses and taking them to a global marketplace, how to stimulate a local venture capital ecosystem – a question posed in the past year alone by countries as diverse as Vietnam and the United Arab Emirates – and how to retain talent instead of losing it to hotspots such as Silicon Valley.

The discussion, organised expressly alongside the Global Corporate Venturing & Innovation Summit, will also aim to link government and corporate venturers to help forge relationships between these two vital parts of the ecosystem.

Leaders will be invited to talk through how to best approach corporations that may not have a regional office and how even a startup leaving for Silicon Valley may lead to a prosperous local future.

Shapeways, a spinout of conglomerate Philips, for example, relocated to the US when it obtained funding from Union Square Ventures and other US-based firms, but then chose its former home, Eindhoven in the Netherlands, as the site for its European offices.

The workshop will be co-hosted by James Mawson, editor-in-chief, and Thierry Heles, editor of Global Government Venturing. Keep an eye out for our next editorial, in a fortnight’s time, when we will offer a full review of the summit.

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