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Canton Schwyz supports the local blockchain ecosystem
Canton Schwyz supports the local blockchain ecosystem
Blockchain

Canton Schwyz supports the local blockchain ecosystem

By Michele Porta - 28 Aug 2019

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Blockchain Propulsion, a Swiss-based global acceleration program that helps startups and companies develop blockchain-based businesses, has announced a strategic partnership with Canton Schwyz, a canton in central Switzerland, aimed at supporting the local blockchain ecosystem.

Blockchain Propulsion will offer potential new projects expertise and professional support by creating a vibrant local blockchain community.

Comprised of an international team of experienced blockchain entrepreneurs, Blockchain Propulsion offers expertise in business model design, token economics, legal and regulatory compliance, blockchain development, marketing, security, investor awareness, resource tokenisation and STO launchpad.

The Blockchain Propulsion program is aimed at helping blockchain startups raise capital through a variety of methods, including STO and venture capital.

Stefan Deiss, founder and CEO of Blockchain Propulsion, said:

“I’m delighted that the significant traction we have experienced continues to gain momentum with the opening of our new Propulsion Hub in Pfäffikon (SZ) – the economic center of Canton Schwyz with the lowest tax burden for corporations and private individuals, and well-known for hosting FinTech companies, hedge funds, private equity funds, asset management firms, and family offices. As an integral part of our collaboration with the Office for Economy Canton Schwyz, we have signed a partnership agreement with the local workspace provider Wunderraum, offering flexible and affordable workspaces with modern infrastructure for our blockchain projects”.

Mathias Ulrich, Deputy Director of the Office for Economic Affairs of the Canton of Schwyz, stated:

“The Canton Schwyz stands to gain tremendously from an influx of ambitious and innovative blockchain projects. Our close collaboration with BLOCKCHAIN PROPULSION will undoubtedly strengthen the top credentials of Canton Schwyz as a business-friendly location and fertile ground for blockchain innovation. This is the start of an exciting period of building our local blockchain ecosystem and enabling our community to participate in this new industry”.

Elisabeth Hirtl, co-founder and general manager of Wunderraum, commented:

“It’s great news that BLOCKCHAIN PROPULSION has selected Wunderraum as strategic partner for the provision of modern and fully serviced workspaces for its blockchain projects. We not only offer flexible coworking spaces, private offices, meeting rooms, and event space, but an ideal environment for startups to connect with like-minded entrepreneurs”.

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