NYSE Euronext presents EnterNext in Portugal

Euronext visits Portugal.

NYSE Euronext (NYX) is presenting EnterNext, its new subsidiary dedicated to small and medium-sized enterprises (SMEs), to the Portuguese financial community.

The initiative’s origin and goals will be discussed, together with the challenges companies face in securing financing suited to their growth and international expansion strategies.

“As the newly-appointed head of EnterNext with responsibility for all of the activities and resources we make available to SMEs at European level, I am absolutely delighted at today’s opportunity to meet the Portuguese financial community. In the future, I hope that we will be able to take a thorough, wide-ranging look at company financing and simultaneously contribute to the success of this new initiative”, said Eric Forest, CEO of EnterNext.

“For SMEs, finding suitable financing is a huge challenge, not only at the present time but also for the future. EnterNext is being launched to help meet this challenge, and represents a rise in NYSE Euronext Group’s resources and greater involvement by the ecosystem. EnterNext’s goal is also to position the Stock Exchange as a source for alternative financing ”, added Luís Laginha de Sousa, CEO of NYSE Euronext Lisbon.

In a statement EnterNext said it was “dedicated to companies with market capitalisations under €1 billion and already covers over 750 SMEs listed on the NYSE Euronext regulated market and on NYSE Alternext. With a bold strategy and NYSE Euronext’s proven capacity to deliver, it has been designed to facilitate the financing requirements and development of European SMEs to enable them to do business regionally, nationally and internationally”.

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