Bridges to Italy at the End of the Year Meeting of the Young Entrepreneurs of Confindustria.

The Young Entrepreneurs Group of Confindustria met on 12/20/2011 to discuss internationalization strategies for SME's.  Rosario Branda, Director of Confindustria Cosenza, cited a recent study that forecasts a longer-than -expected recession until mid-2012.  According to the study, in 2013 the global economy will start expanding again, thanks to a growth in demand from the emerging countries.

Paolo Filice, President of the Young Entrepreneurs Group, explained why he chose internationalization as the theme for the last meeting of the year.  He said that it is important to try to connect entrepreneurs interested in expanding abroad with supporting organizations and investors.

Giuseppe Gaglioti, President of the Chamber of Commerce, mentioned that many small companies are not ready to enter foreign markets given the increasing competition created by the world economy.

Domenico Quaglio, President of Bridges to Italy - Italia, introduced the objectives of the non-profit association, namely to connect Italian innovative companies with US Capital and managerial skills. Marco Iusi, coordinator of Bridges to Italy's CERVELLI IN MOVIMENTO AWARD, explained how the award was developed to help young Italian entrepreneurs in their globalization efforts while providing them the tools to stay in their home country.  The winner of the 2011 edition of the Award, Professor Marco Castriota, gave a testimonial about the experience of his startup which, thanks to the competition, went to Southern California and could present its energy savings innovation to the largest Angels investor organization in the United States.