ACCELERATOR INCUBATOR
OF FONDAZIONE GOLINELLI

Do we already have to be a company to apply or can we set up at a later date if we are selected?

The company setup is necessary to receive the investment and to sign the initial programme agreement. You can therefore also apply as a team without being formally a company, but you must set up the company immediately after winning the tender, i.e. by 12 April 2021.

How long does the Acceleration Programme last? 

The programme has a total duration of eight months; it includes an initial phase of intensive activities lasting three months (from 12 April 2021 to 1 July 2021), with two residential weeks to be attended in Bologna at the beginning of the programme, with the aim of accompanying the teams to introduce themselves to potential industrial partners. This first phase is followed by a period of a further five months of remote mentoring and follow-up (from 1 July to 16 December 2021), with the aim of accompanying the teams in their introduction to potential investors and when undertaking subsequent phases of growth and development.

How often do the intensive programme days occur in the first three months and how are they structured?

Attendance is daily, from Monday to Thursday. A standard day consists of a couple of hours of face-to-face classes in the morning and the rest of the time is taken up with one-to-one meetings with our mentors. We will also organise interventions of entrepreneurs, investors and innovators of international standing.

Does the whole team have to participate in the two residential weeks?

The presence of at least two team members is required, even if they are not always the same ones. At least one of the two members must have a role as CEO, CTO or COO in the start-up.

During the residential programme, what arrangements are made for accommodation?

During the initial two weeks in which your presence is requested, free accommodation is provided in Bologna in a partner structure for two team members from Monday to Thursday.

How many members must the team be made up of?

A team is made up of at least two members; there is no maximum limit.

How will resources be distributed in the Life Science & Digital Health Call for Innovation?

The resources will be distributed by G-Factor S.r.l. to each business project, as a gradual and progressive investment in equity, according to the means agreed with the selected teams, in three steps: a sum of 30,000 Euros in cash, at the start after the signing of the G-Factor Programme Agreement; a sum of 30,000 Euros in cash, after three months from the selection and the positive verification during the Demo Day of the progress of the work foreseen in the G-Force Programme Agreement; a sum of 30,000 euros in cash, after eight months from the start of the G-Force Programme, upon achieving the final milestones shared in the Programme Agreement and following the presentation of the business projects during the Investor Day.

How will resources be distributed in the FinTech & InsurTech Call for Innovation?

The resources will be distributed by CRIF S.p.a. to each business project, as a gradual and progressive investment in equity, according to the means agreed with the selected teams, in three steps: a sum of 30,000 Euros in cash, at the start after the signing of the G-Force Programme Agreement; a sum of 30,000 Euros in cash, after three months from the selection and positive verification during the Demo Day of the progress of the work foreseen in the G-Force Programme Agreement; a sum of 20,000 Euros in cash, after eight months from the start of the G-Force Programme, upon achieving the final milestones shared in the Programme Agreement and following the presentation of the business projects during the Investor Day.

How will resources be distributed in the AgriTech & FoodTech Call for Innovation?

The resources will be distributed by CRIF S.p.a. to each business project, as a gradual and progressive investment in equity, according to the means agreed with the selected teams, in three steps: a sum of 30,000 Euros in cash, at the start after the signing of the G-Force Programme Agreement; a sum of 30,000 Euros in cash, after three months from the selection and positive verification during the Demo Day of the progress of the work foreseen in the G-Force Programme Agreement; a sum of 20,000 Euros in cash, after eight months from the start of the G-Force Programme, upon achieving the final milestones shared in the Programme Agreement and following the presentation of the business projects during the Investor Day.

What expenses may be supported with the money provided if you are selected?

The selected start-up can use the resources for the purposes of the business project. In the FinTech & InsurTech and AgriTech & FoodTech Calls for Innovation, there will be a periodical accounting in order to verify that there are no expense items not strictly related to the business project.

Will the sum of money paid to the start-up have to be returned?

No, under no circumstances will a refund of the amount of money paid during the Acceleration Programme be requested. If the conditions of the Acceleration Programme are not met, the financing partners may decide to discontinue the proposed financing.

Can we use a different pitch deck model, or is it mandatory to use your template?

You can use your own model. The important thing is that it contains the information in our template.

I can’t view the application form on Gust correctly and/or I can't fill it in. What should I do?

To complete your application you need to use Google Chrome as your browser. Other browsers (Safari, Edge, Mozilla, etc...) may cause problems.

In what language should I complete my application on Gust?

If you are Italian you are required to fill in the application in Italian, but if you already have some material in English you can use it. Non-Italians may use English.

Is it compulsory to upload a video?

Yes, it’s compulsory. You don’t need a professional video, even a video made with a simple smartphone, in which you explain your project and present the team.

I have more than 50 publications. Do I have to attach them all?

You may attach a complete list of publications along with the five most relevant and/or most project-related publications for which you are applying.

We would like to apply, but in our team we are all over 40. What can we do?

To participate in the Call, at least one team member must be under 40. If you feel it is appropriate and you have an employee under 40 you would like to include in the team, you can apply as a team (and not as a start-up) by integrating the member under 40. If you are selected, you will need to include the under-40 member in the start-up in order to access the programme.

To participate in the Call, you must sign an intellectual property release, granting you “a non-exclusive, irrevocable, sub-transferable, worldwide, royalty-free license” to the content we upload to Gust. Why?

This disclaimer is necessary in order to use your data in the selection process. Any information you upload to Gust can only be used by G-Factor/CRIF within the I-Tech Innovation Programme 2021 for the Call you apply to. It cannot be used in any other way. Evaluators who participate in the selection process will all be bound by NDA with G-Factor/CRIF.

In the privacy statement, you ask for permission to give our contact details to third parties. Why?

It is not mandatory for you to accept this clause in order to apply. We ask to be able to transfer your data to third parties simply so that we can share it within our own network of partners and investors.

In which language will the intensive programme be delivered?

The programme will be mainly in Italian, except for mentorships and talks or with international guests, which will be in English.

Is there a reimbursement of expenses for the intensive programme?

No, no kind of reimbursement is foreseen.