From the Nasdaq MarketSite Studio, Stefano Caselli, Dean of SDA Bocconi School of Management, Bocconi University, Malan, Italy, and Gianmaria Feleppa, CEO/Founder of UCapital, are with New to The Street’s TV Host Jan King. Stefano Caselli, the Dean of SDA Bocconi School of Management and Full Professor of Banking and Finance at the Department of Finance at Bocconi University talks about his participation at an international business conference in New York City. The European economy needs a bridge to promote growth, jobs, and market penetration into the US market. Stefano explains that many EU small and medium-sized businesses (SMBs) have great products and some worldwide exposure. Still, they must grow beyond privately held, family-owned entities to expand into more significant global operations. Of the Fortune 500 listed companies, the EU only has a fraction. Stefano explains the importance of investors making capital injections so that many SMBs can expand into the US. He said that the EU has done great in providing business incentives in the renewable energy sectors and feels that the EU needs more economic bridges to assist other sectors in growing its markets. If investors can see a robust IRR (internal rate of returns) on capital investments, Stefano believes investors will step up capital infusions, assisting SMB with innovations, growth, and new markets. A financial bridge mechanism between the US and the EU can greatly benefit both economies by increasing GDPs. The on-screen QR code is available during the show to download more info or visit SDA Bocconi School of Management – https://www.sdabocconi.it/en/home.
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