Through this new fund (the Mondragón Promotion Fund II), the business group will invest in different companies linked to the following sectors:
- Industrial
- Financial
- Knowledge and distribution
Three areas that make up the three pillars of the group, in which investments will be made through loans and participations. A step forward in favour of investment in innovation and business talent.
Startups play a crucial role in the business fabric for various reasons:
- Innovation: Startups usually introduce new products and services, promoting innovation and competition in the market.
- Job creation: They generate new jobs, contributing to the reduction of unemployment and economic growth.
- Adaptability: They tend to be more flexible and quick in decision-making, which allows them to adapt to changing market conditions.
- Diversification: They bring diversity to the business ecosystem, which can lead to more balanced and sustainable growth.
- Attracting investments: Startups attract venture capital and other investments, which can boost the local and national economy.
- Skills development: They encourage training and skills development among workers, improving the competitiveness of the labor market.
- Collaboration: They often collaborate with established companies, which can result in beneficial synergies for both parties.
- Sustainability: Many startups focus on sustainable and responsible solutions, contributing to a greener future.
Together, these benefits make startups a vital component of the business fabric, driving innovation, economic and social development.