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 has published the 17th edition of the Global Risks Report: over 1,000 national leaders and experts from various sectors of the global economy were interviewed to identify the most urgent risks to be addressed in 2022.
3 key risks and challenges emerge from the report:
→ failure of climate change actions
→ erosion of social cohesion
→ digital inequality
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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:
Solutions for adaptation and mitigation of climate change, protection and conservation of ecosystems, protection of populations exposed to climate risk, recycling of resources, fighting waste and acceleration towards a zero-emission economy.
Solutions to counter the risk of erosion of social cohesion, understood as the protection and growth of human and relational capital; solutions that favor the strengthening of communities of practice, production, consumption and sharing in favor of cognitive, social, territorial and economic development.
Solutions for equitable and responsible access to digital networks and technologies, aimed at reducing obstacles and gaps in the development of skills, in the unbalanced distribution of financial resources, in interactions with the public system, in social and cultural inclusion, in access to tangible and intangible resources.
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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.
From 2016 to today we have launched and implemented 13 ‘FOUNDAMENTA’ acceleration programs through which we have accompanied 86 social impact startupswhich, overall, have collected over € 19M of funding by now.
Thanks to the expertise of our multidisciplinary team and a prestigious network of mentors, advisors and impact investors, we offer a unique program of expert advice and equity investment for the generation of impact entrepreneurship.
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.
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Main steps of this edition of PLANET FOUNDAMENTALS timeline:
24 July 2022
September 2022
September 2022
Dec 2022 / March 2023
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You have time up to 24th of July 2022: