In a recent interview with CzechCrunch, Thomas Archer Bata, the great-grandson of Tomáš Bata and CEO of Triple B, discussed his commitment to fostering innovation and entrepreneurship through strategic investments. Based in Canada, Thomas leads Triple B, a family investment fund that focuses on scalable opportunities where the fund can truly add value, particularly in areas aligned with innovation and responsible capitalism.
Triple B's investment strategy is characterized by its emphasis on scalability and long-term growth. The fund seeks out visionary entrepreneurs who bring energy, skill, and a commitment to creating positive impact. “For us, the most important aspect of business is the people behind it: Are they visionaries? Do they have the energy and skills?” Thomas emphasized. By focusing on sectors where Triple B has established expertise, such as consumer products, the fund aims to help entrepreneurs grow and succeed.
Thomas also highlighted the importance of investing in projects that embody responsible capitalism, noting that Triple B is not under pressure to deliver quick returns. This allows the fund to build meaningful, long-term partnerships with companies, helping them navigate challenges and achieve sustainable growth.
When discussing the business environment in the Czech Republic, Thomas identified several key challenges, including limited access to capital and the need to retain growing companies within the country. He emphasized the importance of increasing investments in technology and innovation to build a more advanced ecosystem. "The challenge is to get successful Czech entrepreneurs to invest more in technology companies and to keep these companies in the Czech Republic for the long term," he stated.
Through Triple B, Thomas Archer Bata aims to contribute to a future where innovation and responsible business practices drive local and global prosperity, inspired by successful models in countries like Switzerland.
Read the full interview on CzechCrunch here.