Ready, SETT, Go: SETT Execs Drill Down on the Spanish Sovereign Venture Capital Fund That Will Drive Industry Conversation at San Sebastián

SETT director general Javier Ponce and its audiovisual director María Coronado deliver a practical guide to Spain’s governmental investment drive now powering up companies in Spain

One of the major industry narratives at this year’s San Sebastián Festival, running Sept. 18-26, will be the presentation of SETT, the venture capital fund of Spain’s Ministry for Digital Transformation.SETT director general Javier Ponce and its audiovisual director María Coronado deliver a practical guide to Spain’s governmental investment drive powering up companies in Spain: What it’s doing, why, and where it could go in the future. The companies it s investing in – with more to be revealed – are likely to be among the most dynamic in Spain.What, explained very briefly, are the objectives of SETT’s Spain Audiovisual Hub strategy?Javier Ponce: SETT is a public investment entity that manages investments in strategic, transformative sectors, including the audiovisual industry. It serves as a public catalyst for growth, employment, innovation and talent—all core elements of the audiovisual sector. SETT has managed the Spain Audiovisual Hub Fund, an instrument established under Spain’s Recovery Plan and financed through the European Union’s Next Generation funds.Through the Spain Audiovisual Hub Plan, SETT provides financing and equity or quasi-equity…

Original source: https://variety.com/v/tv/