4 Months of intense acceleration
A full-time online and offline program at Rinascimenti Sociali, Turin
PLANET FOUNDAMENTALS
The Call closed on 05.05.2024
If your impact startup is ready to accelerate and grow with us stay tuned and follow us to be updated on the future opportunities!
–
Contact our Acceleration Team!
foundamenta@socialfare.org
–
SocialFare open call to accelerate social impact startups offering innovative solutions to the most urgent global challenges for the next future:
125k €
seed
investment
4 months
social impact acceleration
.
Impact Startups via Good Technologies
Education | Health | Environment | Culture | Consumption
2024: WHAT GLOBAL RISKS FOR OUR SOCIETY?
_
The World Economic Forum has published the 19th 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 pressing risks facing the world in 2024.
The context outlined by the report provides a clear map of the challenges we are facing:
- climate changes
- growing technological complexity – with the possible implications of artificial intelligence –
- geopolitical issues
- demographic bifurcation
- social and economic inequalities
In this scenario where the ability to adapt and innovate is and will be crucial, startups are uniquely positioned to act as agents of change, offering agile and innovative solutions to address these challenges through projects, products and services.
Which challenges for our startups?
We select startups that can develop new products, services, and models to effectively tackle fundamental challenges crucial to the future of our society and planet
Education
Solutions capable of overcoming the barriers that currently do not guarantee equal access to education as a means of development, growth and emancipation.
Health
Solutions to improve your chances of staying healthy considering the challenges that have emerged in the field of global health.
Environment
Solutions to fight climate change, enabling actions such as the conservation of biodiversity and the responsible use of resources.
Culture
Solutions for the cultural growth of communities, in terms of participation, democracy, innovation, economic, decision-making and political inclusion.
Consumption
Product and service solutions to improve the consumption footprint in terms of responsibility of individuals, communities and industries.
.
Whom are we looking for?
We are looking for teams willing and able to grow with us, triggering scalable systemic change while generating new economic models and solutions.
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 idea
scale-up (revenue >3M€ / year)
Legal entity
We accept applications both from established companies (innovative startups, SIAVS, S.r.l.), and from companies still in their 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
What do we offer?
Our acceleration program focuses on social impact startups:
Up to 125K€ in seed investment
in exchange for an equity percentage up to 15%
A dedicated acceleration team
Product/Service 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 advisor
Desk in the coworking area and meeting rooms
Access to events taking place in our offices in the center of Turin
Social Impact Acceleration
Our multidisciplinary team blends lean startup, design thinking and human centered approach benefiting from the experience built up in the past 15 editions of our Planet Foundamentals program. We are 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 milestones
Why apply?
Since 2016 we have dealt with the launch and implementation of 17 acceleration programmes accompanying 110 social impact startups which have raised funding for €43 M.
More than 84% of the startups invested by SocialFare Seed since 2017 to-date have successfully completed a capital raising following our investments.
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 consultancy and equity investment for the next generation of impact entrepreneurship.
READY TO INVEST IN YOUR IMPACT STARTUP!
SocialFare Seed invests up to € 125,000 in each social impact startup accelerated by SocialFare
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 125K€ 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.
OUR PORTFOLIO | 1,9 M€ INVESTED BY SOCIALFARE SEED
OUR PARTNERS
Invitalia, the National Agency for Inward Investment, is 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.
NHOA 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
PROGRAM AND SELECTION TIMELINE
.
Main steps of this edition of PLANET FOUNDAMENTALS current edition:
#1
05.05.2024
CALL
DEADLINE
#2
27.06.2024
SELECTION
DAY
#3
29.09.2024
ACCELERATION
PROGRAM
#4
30.01.2025
INVESTOR
DAY
CALL CLOSED
.
Follow us on Linkedin for info and update.