Cresco partners with Watt factory

Cresco proudly announces its strategic partnership with Watt Factory, a new community of entrepreneurs and creatives focused on Smart Cities & Climate Change.

Watt Factory

Watt Factory is opening its Ghent based co-working space, which will be a lively new community of entrepreneurs and creatives focused on Smart Cities & Climate Change. It will be the hub for improving city living enabled by technology.

It aims to be a “Best of Class” accelerator with start-ups brought together from different Smart City domains. The first batch of start-ups will be in Smart Mobility, Smart Education & Smart Building.

Watt Factory combines the expertise and enthusiasm of five experienced entrepreneurs motivated by sustainability and innovation.

The Flemish Agency for Innovation and Entrepreneurship (Vlaio), Ghent University, Vlerick Business School & the City of Ghent will take an active role in this project. To support the Smart City Community, Watt Factory relies on preferred business partners Cresco and EY. They will share expertise, insights and network to help scale the activities of the start-ups.

Partnership rationale

David Dessers, managing partner at Cresco, explains why the firm has entered into this structural partnership: “At Cresco, we are passionate about entrepreneurship and contributing to entrepreneurial growth. We are very excited to partner with Watt Factory, with its specific focus on bringing together innovative entrepreneurs focused on the improvement of modern city life using best of class technology. Pieter Capiau, partner at Cresco, adds: “We firmly believe that Watt Factory will create a vibrant new hub. We are very eager to help and coach the ecosystem players with all necessary knowhow, insights and network to exponentially scale their activities.”

Yonca Braeckman, Managing Director of Watt Factory, stresses the importance of this partnership: “We’re proud to announce our strategic partnership with Cresco. We’re convinced the start-ups in our acceleration programme will benefit enormously from the insights and expertise of this leading law firm. Their experience in start-up deal making is unparalleled in Belgium. We look forward growing Watt Factory and its entrepreneurs together.”