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Home»Fintech»Intesa Sanpaolo welcomes 21 startups to accelerator programme
Fintech

Intesa Sanpaolo welcomes 21 startups to accelerator programme

September 26, 2022No Comments4 Mins Read
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A brand new Intesa Sanpaolo ELITE Lounge is kicking off, welcoming 21 Italian start-ups to the monetary acceleration programmes for extremely modern firms supported by Intesa Sanpaolo.

The initiative is a part of the broader partnership between Italy’s main banking group and ELITE, the ecosystem launched by Borsa Italiana in 2012 and now a part of the Euronext Group, which helps small and medium-sized enterprises to develop and entry non-public and public capital markets.

Within the 4 years because the first lounge, the Group led by Carlo Messina has supported on this course of greater than 300 firms from throughout Italy and working in each sector, together with 60 start-ups.

A lot of the start-ups chosen for this new class come from UP2Stars, the programme launched in 2022 by Intesa Sanpaolo in collaboration with Intesa Sanpaolo Innovation Middle devoted to the expansion, acceleration and networking of modern start-ups. Many start-ups working within the following sectors utilized for the 4 choice calls: Digital and Trade 4.0, Bioeconomy with give attention to Agri Tech and Meals Tech, Medtech and Healthcare and Aerospace.

Innovation and sustainability would be the major themes of the coaching course for start-ups from eight areas of Italy and hailing from varied industrial sectors of excellence of the Italian financial system. The 21 protagonists of the brand new lounge can have the possibility to achieve entry to built-in companies and a community of worldwide professionals and traders for ease of entry to capital markets. The companies may also be supplied with instruments to deal with the present delicate financial surroundings, with a view to the sources of the NRRP.

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Transversal studying modules will give attention to acceleration processes consistent with the areas of intervention of Motore Italia, the strategic programme run by Intesa Sanpaolo to re-launch small and medium enterprises and with the greater than €410 billion to be made accessible by the Intesa Sanpaolo Group from now to 2026, of which €120 billion supposed for SMEs. Key points may also embody sustainability within the social, environmental and governance domains, with the goal of demonstrating how the right implementation of ESG practices is beneficial for guaranteeing long-term development in addition to enhancing attractiveness to the monetary neighborhood.

Anna Roscio, Government Director Gross sales & Advertising and marketing SMEs Intesa Sanpaolo: “The launch of this ELITE Lounge, devoted solely to start-ups, is a testomony to our full confidence in modern firms and entrepreneurial initiative, even at a essential time. The course will allow the 21 contributors to consolidate expertise in finance and governance, increasing alternatives for development when it comes to measurement, administration and competitors – decisive components for all the enterprise neighborhood. This initiative additionally marks the top of the cycle that started this yr for the primary time with Up2Stars, Intesa Sanpaolo’s programme devoted to the event of 40 start-ups chosen from numerous purposes, selling the acceleration of those firms in collaboration with our associate Gellify and facilitating conferences with traders at two Demo Days.”

Marta Testi, CEO, ELITE: “The brand new lounge, the results of the partnership between Intesa Sanpaolo and ELITE, is devoted to a bunch of Italian start-ups and helps the monetary acceleration of modern firms that can develop into extra aggressive at nationwide and worldwide degree because of a community of worldwide professionals and traders and a coaching programme devoted to increasing sustainable development alternatives. Since ELITE’s inception in 2012, innovation has all the time been one of many development drivers we’ve recognized as strategic for firms, and initiatives resembling this deepen the method of interchange between conventional firms and start-ups. In truth, we think about many innovation initiatives and new enterprise relationships will take form from conversations within the classroom.”

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