The mission of the Bankinter Innovation Foundation is to promote the creation of sustainable wealth in Spain and Portugal through innovation and entrepreneurship. To achieve this goal, the Foundation is implementing the following programmes:
One of the main features of the Bankinter Innovation Foundation is the composition of its board of trustees. This is formed by 21 world experts in innovation from the business world, the public sector and academia.
Bankinter Foundation board of trustees |
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Name |
Surname |
Nationality |
Jose Mª |
Fernández-Sousa |
Spain |
John |
de Zulueta |
Spain |
Rafael |
Mateu de Ros |
Spain |
Angel |
Cabrera |
Spain |
Antonio |
Damasio |
Portugal |
Dongmin |
Cheng |
China |
Charles |
Bolden |
United States |
Emilio |
Méndez |
Spain |
Carlos |
Mira |
Spain |
Mª Dolores |
Dancausa |
Spain |
Gloria |
Ortiz |
Spain |
Pedro |
Guerrero |
Spain |
Philip |
Lader |
United States |
Richard |
Kivel |
United States |
Robert |
Metzke |
Germany |
Eden |
Shochat |
Israel |
Jens |
Schulte-Bockum |
Germany |
Soumitra |
Dutta |
India |
Tan Chi |
Nam |
Singapore |
Stephen |
Trachtenberg |
United States |
Wilfried |
Vanhonacker |
Belgium |
Wilfried |
Vanhonacker |
Belgium |
The Future Trends Forum (FTF) this is the only multidisciplinary and international think tank focused on innovation. Comprising 664 experts, the FTF anticipates and detects innovation trends, analysing their impact on society and future business models. It has been recognised for the ninth year running as the best think tank specialised in science and technology in Spain and ranks 31st in the University of Pennsylvania's Global Go To Think Tank index.
Among the new additions in 2020, the following experts stand out: Mark Post, CSO at Mosa Meat, Renée A. Vassilos, agricultural economist, Ethan Zuckerman, Director of the Institute for Digital Public Infrastructure at the University of Massachusetts Amherst, and Tricia Wang, co-founder of Sudden Compass.
During 2020, the FTF team demonstrated astonishing flexibility and speed in designing and delivering a new virtual FTF experience in response to the pandemic. The results of the first FTF in this new format were very positive with a perceived quality of 4.4/5 by the experts. Future Trends Forum analysed the trends in innovation that it believes will have the greatest influence in the near future. They are as follows:
Food of the future
How will we feed ourselves in a few years, when they are 10 billion of us? Will there be a change in food as radical as the ones we are seeing in communications, the way we work or the way we interact?
Will we consume eggs without chickens, milk without cows, tomatoes without a garden?
The experts of the Future Trends Forum answer these questions, from how to achieve the UN Sustainable Development Goals to what role epigenetics plays in food, through the most interesting innovations of Foodtech, such as cellular agriculture and the necessary leadership in the sector.
Trust and digital society
In the new digital age, there is an erosion of trust in all areas of business and society. How to create trust? How to maintain it? How to increase it? Even more difficult, how to regain it if we have lost it?
The report with the conclusions of this analysis will be published in the first quarter of 2021.
Other very topical issues have been discussed through a series of webinars with experts from the Future Trends Forum.
Neuroscience
Driven by new technologies, information about the brain is growing at an unprecedented rate. Neuroscience is mapping the connections within the brain, observing behaviours, simulations, or revisiting mental models. The Future Trends Forum has detected the main areas of work in neuroscience and debated how neuroscience will help us to know ourselves better, improve our intellectual capacities, heal diseases or the possibility of connecting our brain with machines.
https://www.fundacionbankinter.org/en/ftf/tendencias/neuroscienceInnovation and COVID
The Foundation has asked its experts about the most relevant aspects to consider in order to understand and combat the crisis caused by COVID-19 and, in turn, the opportunities that will arise.
In the report Innovation: the opportunity in times of Covid-19, you can find the results of the survey on the most relevant aspects of the impact of the COVID-19 crisis and a series of conclusions that are also drawn as recommendations to deal with this crisis in the best possible way.
Artificial intelligence
Artificial intelligence has been analysed from various angles: technological development and the capacities and impacts it will have on our lives in the next ten years. Experts have identified the challenges and opportunities posed by this trend for society and above all for our businesses.
https://www.fundacionbankinter.org/en/ftf/tendencias/aiIn 2020, work continued to update the content of past trends analysed by the Future Trends Forum to observe how they have developed and whether the challenges identified have materialised. As of today, the trends 'The future of money', 'Internet of things', 'Cloud Computing', 'Disruptive cities', 'Longevity' and 'Digital Health' have been updated.
In total, 20 online events were held on various trends, involving 20,903 people around the world, compared to 925 in 2019.
In 2020, the FTF Spanish Council was created, a group made up of people related to innovation, entrepreneurship and new technologies, which will advise the forum on the issues of greatest impact for Spain.
The Startups programme supports entrepreneurs as one of the main levers for boosting innovation in Spain. A joint investment programme is being developed between Bankinter Venture Capital and the Bankinter Innovation Foundation, called the Venture Capital Programme. This programme focuses on identifying and investing in highpotential startups with the Bank's funds, through Bankinter Venture Capital.
The 'Venture Capital Programme' invests in startups with a presence in the countries where Bankinter operates, irrespective of the sector (with the exception of biotechnology), and providing they have a scalable business model and a technological base. Initially, a ticket between 50 and 250 thousand euros is invested in the first phases (seed) in companies with valuations of up to €4mn, always co-investing with other players in the ecosystem. As requirements for investment, the startup must have launched its product to the market (or at least a Minimum Viable Product or MVP) and begin to have some metrics. Due to the investment model used, it is possible to continue investing in successive rounds of the company without a maximum stipulated per company
Since its creation in 2013, the programme has invested in 41 startups, adding three new companies to the portfolio in 2020 such as Kokoro Kids, a pioneering mobile app in the Edtech field for children, whose objective is to promote the development of cognitive and emotional skills among children from 2 to 6 years.
The programme had analysed 3,287 projects by 2020, with an investment rate of 1.25%. In 2020, 464 projects were assessed, with an investment rate of 0.65%.
The programme also organises 'Coffee with entrepreneurs' to foster entrepreneurship, where leading figures in the Spanish entrepreneurial ecosystem share their experience and the challenges they have faced.
In 2020, as a result of the pandemic, the Foundation organised all open editions for the first time. The events were organised through an online tool in webinar format.
Six meetings of this nature were held, with the participation of: Ramón Blanco, CEO and co-founder of Bewater Funds, co-founder and director of Indexa Capital; David Conde, CEO and co-founder of Coinscrap; Philippe Gelis, CEO and co-founder of Kantox; Pablo Viguera, CEO and founder of Belvo; Jaime Rodríguez de Santiago, General Manager for Spain at FREE NOW; Gerard Olivé, Co-Founder & CoCEO of Antai Venture Builder.
The Programme also created the Startup Observatory in 2020: This initiative offers transparency and visibility of the state of investment in Spain in almost real time, through an interactive tool. In addition, quarterly and annual reports are prepared to present its progress and main trends. During 2020, there were 13,204 visits to the Observatory.
Akademia is a programme focused on communicating innovation experience to Spanish university students. With a face-toface programme that, before the pandemic, consisted of nine sessions, led by a leading expert in their sector, the objective is to help students understand the opportunities of the future and put into practice the knowledge acquired, regardless of the discipline they study.
In the 2019-2020 academic year, the Akademia programme was run at nine Spanish universities. Santiago de Compostela, Deusto, Salamanca, Pompeu Fabra, Barcelona, Carlos III, Pontificia de Comillas, Politécnica de Valencia and Loyola Andalucía. The course was attended by 146 students and it had a recommendation rate of 99%, two percentage points higher than in the previous year.
Students also worked in teams to create innovative projects to compete for an incubation scholarship on the Bridge for Billions entrepreneurship platform. In 2019- 2020, the programme's students presented their innovation projects and the winner was HALIA, from the Politécnica de Valencia.
One of the main features valued by Akademia students is the personal contact with the programme's experts, which include more than 60 professionals, FTF members, managers of CRE100DO companies, entrepreneurs, investors and professors, all involved in innovation
Due to the pandemic, the activities scheduled during the 2019-2020 edition transitioned to virtual format. The adaptability of both the students and the experts who are part of the Akademia programme made it possible to complete the course successfully.
Given current uncertainty, a digital native programme has been designed for the new 2020-2021 edition, where students from the nine universities choose the schedule that best suits their needs. The Akademia programme is thus able to connect students from different universities, who interact with innovation experts through eight sessions, 100% online.
Cre100DO is a foundation that promotes business excellence by grouping outstanding companies in the Spanish middle market in order to stimulate their growth and cooperation, boosting growth in the Spanish economy and generating a positive impact on society.
CRE100DO was created in 2014 as a country programme promoted by the Bankinter Innovation Foundation, ICEX and the Círculo de Empresarios. In 2019, after the success of the first five years, it was established as a foundation.
In its journey to enhance the excellence of companies, CRE100DO promotes the values and capabilities that make this possible by incorporating the best management practices, stimulating the adoption of new technologies, promoting collaboration between companies and promoting social and environmental responsibility. Its companies are a role model for smaller enterprises.
Currently, CRE100DO is a community of 118 companies, with a turnover of €16.5bn (equivalent to 1.3% of GDP). They generate 85,000 direct jobs and more than half a million indirect jobs; they are global, since 52% of their turnover comes from abroad; and they have grown 10% in the last three years, three times the national average.
The CRE100DO Foundation appointed a board of trustees in 2019, chaired by Carlos Mira and made up of representatives from founding and collaborating institutions, in addition to CEOs of companies taking part in the programme.
In 2020, CRE100DO had more than 118 participating companies, and the following joined the programme during the year: Adolfo Domínguez (Orense), Ale-Hop (Alicante), Babaria (Valencia), Grenergy (Madrid), Logifashion (Guadalajara), Quesos El Pastor (Zamora), Satec (Asturias), SPB (Valencia), Truck & Wheel (Navarre), Zendal (Pontevedra).
In 2020, CRE100DO has carried out a total of 43 activities with investee companies:
CRE100DO Foundation estimates that, in 2020, 873 senior executives from participating companies took part in these activities.
In 2020, the impact of communication at the Bankinter Innovation Foundation increased in terms of quantity and intensity. The number of followers on social media grew by more than 25% to 34,849, and visits to the website grew more than 2.5 times. More than 30 press appearances have reached a potential audience of more than 9 million.
The Bankinter Innovation Foundation has shown not only resilience, but also antifragility, by emerging stronger from the pandemic crisis, multiplying activities, events, repercussions and relevance.
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