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Pmi-Capital Market Observatory is born in Milan.

An initiative of Consob and Università Cattolica
31.10.2024
Press releases

To analyze the conditions of access to the capital market of Italian small and medium-sized enterprises and to verify their permanence requirements, making available a wide scientific production based on data, analysis and insights useful both to guide the strategic decisions of SMEs and to support them in their competitive choices.

This is the main goal of the new SME - Capital Market Observatory, which was born from the close collaboration between Consob and Cetif, the Research Center in Technologies, Innovation and Financial Services ofUniversità Cattolica .

The initiative will be officially presented on Monday, Nov. 4, at the meeting 'Can Italian SMEs compete without the capital market?' to be held in Milan from 2 to 4:30 p.m. in the Pio XI lecture hall ofUniversità Cattolica del Sacro Cuore .
The event will open with greetings from Elena Beccalli, rector of Cattolica, and Luca Filippa, Consob director general.

Specifically, the Observatory aims to investigate the factors that incentivize SMEs to embark on paths of competitive growth, innovation and financial development through bond and/or equity issues and investments in digital, environmental and social transition.

At the same time, it wants to analyze the contextual (regulatory, technological and social) and structural (governance and business models) elements that support and/or hinder the use of capital by SMEs. The Observatory, through its activities, intends as the university explains, on the one hand, to promote financial, sustainability and digital culture in Italian SMEs, and on the other hand, to offer concrete support to policy makers to understand the ongoing evolutions in the Italian industrial economy.