Is your social impact startup ready to grow with us?
Accelerate with
FOUNDAMENTA#10
Impact Makers for the Future
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The call closed on 12 july 2020
4 Months of intense acceleration
A full-time on and offline program at Rinascimenti Sociali, Turin
WHAT WE ARE OFFERING
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SocialFare is Italy’s first Centre for Social Innovation and incubator recognized and certified by the Ministry of Economic development (MISE).
Our acceleration program FOUNDAMENTA focuses on social impact startups and businesses.
Up to 100K€ in seed funding
in exchange for an equity percentage up to 15%
A dedicated acceleration team
Design, business planning, investment readiness and social impact assessment experts
A network of 50+ mentors and investors
Access to our prestigious network of impact investors, mentors and advisors
Desk in the coworking area and meeting rooms
Access to events taking place in our offices in the centre of Turin
SOCIALFARE SOCIAL IMPACT ACCELERATION
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Our multidisciplinary team blends lean startup , design thinking and systemic design benefiting from the experience built up in the past 9 editions of the
FOUNDAMENTA program, working in close contact with startups, fostering their growth , helping them to attract investments.
Product Service Co-Design
Business modeling & Impact Assessment
Networking for Scalability
Investment readiness
PROGRAM STEPPING-STONES
IMPACT AREAS
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We select startups and businesses with intentional social impact & innovative solutions to contemporary and emerging societal challenges:
Sustainable Development Goals
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Our Impact Areas are inspired by the UN Sustainable Development Goals 2030 Agenda
READY TO INVEST IN YOUR IMPACT STARTUP!
SocialFare Seed invests up to € 500,000 a year in social impact startups accelerated by SocialFare
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SocialFare Seed is a private investment fund that supports startups and businesses accelerated by SocialFare.
If eligible, each startup /business can receive a seed fund of up to 100K€ 20% of which to be paid to SocialFare for acceleration services in exchange for a percentage of equity of up to 15%, according to the valuation of the company.
The investment is paid in cash at the beginning of at the beginning of the programme.
OUR PORTFOLIO | 790K€ invested by SocialFare Seed
PROGRAM AND SELECTION TIMELINE
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Main steps of FOUNDAMENTA#10 timeline:
#1
12 july 2020
CALL DEADLINE
#2
20-24 july 2020
SHORTLISTING
#3
10 september 2020
SELECTION DAY
#4
28 sept 2020 / 22 gen 2021
ACCELERATION PROGRAM
FOUNDAMENTA#10 | NEW PARTNERS ON BOARD
Invitalia, is the National Agency for Inward Investment, and SocialFare’s institutional partner: it advises our startups on available funding and measures and follows them in their applications for easy terms as well as pointing them to networking tools and opportunities for the growth of innovative businesses.
UBI Banca selects a startup among the ones that are part of each FOUNDAMENTA program and that are benefiting from a SocialFare Seed fund: the company must be non profit and must have a registered office in the bank’s ‘Macro Area Territoriale Nord Ovest ’ (Italy North Western Area). This startup will be offered a zero rate fund and a free (no fee) ‘UBI Comunità’ current account for three years.
Engie Eps, is SocialFare‘s technology partner for Environmental Sustainability: they work alongside our startups advising and mentoring them developing business solutions in sustainable energy, energy storage, green mobility or the like.