SocialFare, the first Center for Social Innovation in Italy, is promoting two new calls to select the teams that will access the spring 2020 acceleration programs.

  • Design Your Impact #3 for projects to be developed as business opportunities with impact
  • FOUNDAMENTA#9 for social impact startups ready to grow and to attract investment

Deadline applications: 06 January 2020 | socialfare.org/acceleraconnoi  

While joining SocialFare, the teams selected in the summer to participate in the Design Your Impact # 2 and FOUNDAMENTA # 8 programs, the nominations for the next round are already open, respectively the editions # 3 and # 9 of acceleration paths of social impact entrepreneurship.

On Monday, September 23, they were welcomed into Rinascimenti Sociali – the great headquarters in the heart of Turin where SocialFare works, hosts and connects actors and initiatives from the world of Social Innovation: Biova Beer, Functionable, Barot, Aichi, Edafe and Egacomp teams began their first day of acceleration. The Design Your Impact teams, coming from Puglia, Sicily, Abruzzo and Piedmont, will be involved in a 10-day accompanying path that will end in November with an Opportunity Day, while FOUNDAMENTA startups will continue with intensive acceleration up to 23 January 2020, the date on which they will be presented to investors during the Social Impact Investor Day.

To take part in the next edition it is possible to apply until 6 January 2020.

 

Design Your Impact # 3 is an acceleration program aimed at informal teams, associations, cooperatives, social enterprises with a project idea to be developed in the form of an innovative and impacting business opportunity.

FOUNDAMENTA # 9 is an intensive acceleration program for startups constituted / constituted with a tested prototype or product on the market or companies that stand out for offering a highly innovative product / service.

Both programs are reserved for projects aimed at generating a positive impact on the communities where they interact. Each program makes use of the expertise of a specific team of SocialFare and its network of excellent professionals.

 

Call DESIGN YOUR IMPACT #3

https://socialfare.org/designyourimpact

Acceleration of Social Impact projects

5 thematic and practical modules (10 full-time days) in the period September / November 2019 in Turin
Dedicated Acceleration Team
Opportunity Day with the possibility of comparison with our network of professionals
Cash Wallet & Follow on* for the best teams
Free Desk in Social Renaissance, hub and network dedicated to social innovation in the heart of Turin

(*) On the occasion of the Opportunity Day that will close the program, an expert commission may decide to assign a budget (cash wallet) of up to € 2 thousand to some teams for the implementation of agreed actions, as well as to offer the best projects the possibility to directly access the FOUNDAMENTA # 10 Selection Day. In this case, a follow-on period is planned to help the teams in preparing their pitch for the Selection Day.

 

Call FOUNDAMENTA#9

https://socialfare.org/foundamenta

Acceleration for Social Impact Startups

4 months of full-time residential acceleration
Seed funds up to € 100K cash for each selected company / startup in exchange for equity up to 15% (of which up to 35%, depending on the investment, to be paid to SocialFare for acceleration services)
Dedicated Acceleration Team, mentor and advisor of excellence
Social Impact Acceleration approach developed by SocialFare
Access to 50+ social impact investor network
Free Desk in Social Renaissance, hub and network dedicated to social innovation in the heart of Turin
The program concludes with the Social Impact Investor Day and the opportunity to present itself in front of a prestigious panel of private entities, business angels, private investors and family offices, including the impact investors of the SocialFare Seed vehicle: Compagnia di San Paolo, Fondazione CRC , Finde SpA and the Magnetto Foundation.

 

OUR SYSTEMIC ACCELERATION MODEL

Our proposal, innovative and unique in Italy, is born thanks to the expertise gained by the SocialFare teams – together with the network of excellent professionals who work with us – on multiple levels.

The SocialFare Startup Acceleration Team boasts 8 business acceleration programs, with 50 startups selected from over 840 applications received through the FOUNDAMENTA calls. 4 million euros in funding raised by accelerated startups, with results growing in the last year with financing rounds closed in particular by Synapta, Epicura and Wher (press release here: www.socialfare.org/rassegnastampa).

Design Your Impact Design Your Impact is a knowledge acceleration path designed and tested by SocialFare from 2017 – with the first experiments on the territories of Turin and Cuneo – in order to share and systemize the skills acquired by including in the acceleration proposal a wider range of subjects engaged in innovative planning with a social impact: not just startups and companies ready to scale-up, but also business idea and project realities at a different stage in the path of creating a business with social impact.