4 Months of intense acceleration
A full-time online and offline program at Rinascimenti Sociali, Turin
SocialFare | Center for Social Innovation launches
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the Italian call to accelerate social impact startups offering new solutions to the most urgent global challenges for the next future:
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The World Economic Forum published the 18th edition of the Global Risks Report: more than 1,000 national leaders and experts from a range of global industries and sectors were interviewed to identify the most urgent risks for 2023.
Key risks and challenges point to the importance of urban ecosystems with more inclusive, attractive and education-oriented cities.
Specifically to:
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We select startups capable of developing new products, services and models aimed to respond effectively to the new fundamental challenges on which the future of our society and the planet depends:
Development of sustainable urban environments offering better liveability
For instance:
New models and solutions to improve services, facilities and patient treatment, as well as health care.
For instance:
Access to knowledge to fight cognitive, training and work gaps
For instance:
Solutions to fight social cohesion erosion
For instance:
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We are looking for teams willing and able to grow along us, triggering scalable systemic change while generating a new economy.
We accelerate impact startups with these characteristics:
Development stage
We are looking for early stage startups with a tested prototype or a market product
Not in target:
business ideas
scaleups (revenue >2M€ / year)
Legal form
We accept applications both from established companies (innovative startups, SIAVS, S.r.l.), and from companies still in the constitution phase
Social Innovation
We select startups with an intentional, additional, measurable social impact
that stand out for the offer of a highly innovative product / service
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Our acceleration program focuses on social impact startups:
A full-time online and offline program at Rinascimenti Sociali, Turin
in exchange for an equity percentage up to 15%
Design, business planning, investment readiness and social impact assessment experts
Access to our prestigious network of impact investors, mentors and advisor
Access to events taking place in our offices in the centre of Turin
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Our multidisciplinary team blends lean startup, design thinking and systemic design benefiting from the experience built up in the past 13 editions of the
FOUNDAMENTA program, working in close contact with startups, fostering their growth, helping them to attract investments
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SocialFare is the first Center for Social Innovation in Italy, founded in Turin in 2013. We are an incubator certified by the Italian Ministry of Economical Development.
Since 2016 we have dealt with the launch and implementation of 15 acceleration programmes accompanying 100 social impact start-ups which have meant funding for €40 M to date.
90% of the start-ups that received SocialFare Seed from 2017 to date successfully received further funding after our investment.
Thanks to our multidisciplinary team’s expertise and to the prestigious network of mentors, advisors and impact investors we are able to offer a unique expert advice programme and equity investment for the generation of impact entrepreneurs.
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€ (15% 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 of at the beginning of the program.
2022 Exits, successes
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Main steps of this edition of PLANET FOUNDAMENTALS timeline:
30 April 2023
May 2023
June 2023
Sept 2023 / Jan 2024
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You have time up to 30th of April 2023: