SocialFare | Center for Social Innovation launches

PLANET FOUNDAMENTALS

–
the Italian call to accelerate social impact startups offering new solutions to the most urgent global challenges for the next future:

Urban Ecosystem for Common Good

Environment | Health | Education | Social Cohesion

100k€
seed
fund

4 mounth
social impact acceleration

Does your impact startup have a solution in response to the new global challenges?
Find out our acceleration program!

2023: Which global risks for our society?

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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:

Plan and design more sustainable urban environments
Promote health by reducing health inequality
Reduce educational inequality & gaps by reskilling and upskilling
Fight the Social Cohesion erosion

WHICH CHALLENGES FOR OUR STARTUPS?

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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:

ENVIRONMENT

Development of sustainable urban environments offering better liveability

For instance:

Housing,
micro-mobility and inclusive mobility;
reduction and control of atmospheric pollution;
inner urban area relationship,
recycling and circular economy among others.

HEALTH

New models and solutions to improve services, facilities and patient treatment, as well as health care.

For instance:

Telemedicine (remote medicine);
digital and advanced diagnostics;
patient focus (AI & Big Data, sensors and wearable devices),
paediatric health,
health of the elderly,
maternal health.

EDUCATION

Access to knowledge to fight cognitive, training and work gaps

For instance:

Building and strengthening new skills through reskilling and upskilling,
open access to training,
inclusive learning models,
active learning,
educating for entrepreneurship,
fighting early school leaving (drop-outs)

SOCIAL COHESION

Solutions to fight social cohesion erosion

For instance:

Actions to promote and foster the growth of human and relational capital;
solutions to favour stronger practice, production, self production,
consumer and sharing communities to promote social, territorial, cognitive and economic development;
proximity economy and so forth

WHO ARE WE LOOKING FOR?

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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

WHAT ARE WE OFFERING?

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Our acceleration program focuses on social impact startups:

4 Months of intense acceleration

A full-time online and offline program at Rinascimenti Sociali, Turin

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 advisor

Desk in the coworking area and meeting rooms

Access to events taking place in our offices in the centre of Turin

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 13 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

WHY APPLY?

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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.

READY TO INVEST IN YOUR IMPACT STARTUP!

SocialFare Seed, Social impact investor, Socialfare

SocialFare Seed invests up to € 100,000 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 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.

How we invest

SocialFare Seed

OUR PORTFOLIO | 1,7 M€ invested by SocialFare Seed

SocialFare Seed Investments

2022 Exits, successes

Aulab, accelerated and recipient of an investment in 2018, exit SocialFare Seed with Multiversity (CVC Capital Partners) , in September 2022

Unobravo accelerated and recipient of an investment in 2022, exit SocialFare Seed with Insight Partners in August 2022