4 Months of intense acceleration
A full-time online and offline program at Rinascimenti Sociali, Turin
.
Below you will find information about our last call and the acceleration program Planet Foundamentals
SocialFare | Center for Social Innovation launches
PLANET FOUNDAMENTALS
–
the Italian call to accelerate social impact startups offering new solutions to contemporary societal challenges, for a more sustainable future:
Relations | Knowledge | Environment
–
We want to work for the future of the human community aiming at a higher and more widespread standard of well-being for society and the planet.
Let’s imagine a 360-degree sustainability model, combining needs of a social, economic and environmental nature with the aim of overcoming inequalities and protecting the balance of the ecosystem.
WHY APPLY?
.
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 12 ‘FOUNDAMENTA’ acceleration programs through which we have accompanied 66 social impact startupswhich, overall, have collected over € 15M 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.
WHO WE ARE LOOKING FOR
–
We select startups with an intentional,
additional, measurable social impact offering innovative solutions to contemporary and societal challenges.
We are looking for teams willing and able to grow along us, triggering scalable systemic change while generating a new economy. SocialFare’s network & team are at the side of your impact business!
Startups
Existing/in progress startups
with a tested prototype or a market product
Businesses
Businesses that excel with a highly innovative model/product/service (Ltd., Cooperatives, Social Enterprises and other legal entities)
WHAT WE ARE OFFERING
–
SocialFare is Italy’s first Centre for Social Innovation and incubator recognized and certified by the Ministry of Economic development (MISE).
Our acceleration program focuses on social impact startups:
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 by SOCIALFARE
–
Our multidisciplinary team blends lean startup, design thinking and systemic design benefiting from the experience built up in the past 12 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
WHAT CHALLENGES FOR A SUSTAINABLE FUTURE?
–
We select startups with intentional social impact & innovative solutions to contemporary and emerging societal challenges:
Relations
Actions aiming at integration and inclusion, equity in the labor market, closing the gender gap, promoting equitable distribution of wealth, fighting social inequality, accessibility to prevention, diagnosis and treatment services, active aging
Knowledge
Actions aiming at protecting and enhancing the cultural, historical and artistic heritage, accessing to education and knowledge, reducing digital divide, promoting responsible and sustainable tourism.
Environment
Actions aiming at combating climate change, protection of the planet’s resources, water and soil, renewable energy, biodiversity, development of eco-sustainable production systems, promotion of responsible consumption practices, development of sustainable urban models
Sustainable Development Goals (SDGs)
–
The challenges relating to the areas of Relations, Knowledge and the Environment emerge clearly also among the priorities defined by the Sustainable Development Goals of the UN 2030 Agenda:
READY TO INVEST IN YOUR IMPACT STARTUP!
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.
OUR PORTFOLIO | 1,2 M€ invested by SocialFare Seed
PROGRAM AND SELECTION TIMELINE
–
Main steps of PLANET FOUNDAMENTALS timeline:
#1
10 January 2022
CALL DEADLINE
#2
January-February 2022
SHORTLISTING
#3
3 March 2022
SELECTION DAY
#4
4 April / 15 Sept 2022
ACCELERATION PROGRAM
PLANET FOUNDAMENTALS 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.
THE CALL CLOSED ON JANUARY, 10 – 2022
–
If your impact startup is ready to accelerate and grow with us stay tuned and follow us to be updated on the future opportunities!