Terna's agreements with institutional partners in San Francisco aim to supercharge Italy's innovation ecosystem on a global scale, nurture pioneering Italian start-ups and small businesses, and open up direct pathways to the U.S. market. Giuseppina Di Foggia, Terna’s CEO and General Manager, and Sergio Strozzi, Consul General of Italy in San Francisco, signed a Letter of Intent, establishing their united commitment to empowering Italian start-ups seeking growth opportunities and local tech collaborations. At the same time, Massimiliano Garri, Executive Vice President for Innovation & Market Solutions at Terna, and Alberto Acito, Director of the Italian Innovation Centre at INNOVIT (Italian Innovation and Culture Hub), signed a Memorandum of Understanding, essentially defining a roadmap for achieving their common goal over the next three years. There will be joint initiatives to accelerate and bolster high-potential Italian companies in Terna’s network, helping them build relationships and unlock business opportunities. Terna and INNOVIT will also join forces to promote the open innovation initiatives they will each be launching. Terna can now leverage its strong presence in San Francisco to scout and back innovative Italian companies in California that wish to embark on energy transition projects, also taking the opportunity to evaluate potential experimental activities and investments.
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