The State as Catalyst: How SETT's Venture Capital Fund Is Reshaping Spain's Audiovisual Industry The upcoming San Sebastián Festival will be abuzz with discussions about SETT, the Spanish sovereign venture capital fund that has been making waves in the industry.
At its core, SETT represents a significant shift in how public investment is conceived – not as a handout, but as a catalyst for growth, employment, innovation, and talent.
SETT's director general, Javier Ponce, describes the fund as a "public catalyst" that attracts private investment and improves access to finance for projects related to films, television, animation, and multimedia content.