Applications now open for FoodForward – corporate accelerator in foodtech

Applications are open until July 29th 2018 for the new acceleration program dedicated to innovative projects and startups in the food and retail sector. The program is coordinated by Deloitte, in partnership with Amadori, Cereal Docks and Gruppo Finiper – industrial partners who will work with startups to develop new business of the future – and players in the innovation ecosystem such as Innogest, Digital Magics, Seeds & Chips and Federalimentare Giovani.

Foodforward in brief:

The call: open to Italian and foreign companies established or being set up to innovate in the field of food production and distribution. The innovative trends of reference are, among others: new foods, quality and traceability of food, healty lifestyle, circular economy, new delivery models, smart packaging and precision agriculture

Initial investment: access to €20k in cash contribution and €50k in services, directly invested by the Foodforward partners, in exchange for 6% of your equity

The acceleration program: 15 weeks between January and May 2019 of acceleration in Milan and includes an intense mix of: project development and consolidation, management training, discussion sessions with mentors and experts in the sector and networking with entrepreneurs, managers and investors from both the Deloitte network and the foodtech ecosystem.

The focus of the program will be to stimulate collaborations between corporate and startup in order to accelerate business through the synergies between innovative startups and industry.

Investments: the program ends with the presentation of the 7 startups to investors invited and selected by Deloitte and its partners. Project partners have already confirmed their willingness to make additional investments of up to 1 million euros.

How to participate: access to the application process and all information related to the acceleration program can be found on http://www.food-forward.it/en/ . Or write to [email protected] for further details

Last call for registration of high performing Bulgarian scaleups for the 4th edition of the ScaleIT annual event

ScaleIT is calling on Bulgarian startups to register for the 4th edition of its annual event that brings together South and South-East Europe’s most high performing startups with global investors and VC Funds. In the past 30 months, ScaleIT alumni raised over $140M in investment, more than 25% of the total capital raised in Italy in the corresponding period (Q4 2015 – Q1 2018).

Notable companies that successfully scaled up as a result of participating in ScaleIT events include: Motork, Bemyeye, Musement, Tok.tv, Shopfully, Cuebiq. Three of the selected startups in last year’s edition, Artemest and Soundreef and HelloHungry.com, closed new funding rounds or strategic M&A in less than 4 months after the event.

Eligible scaleups should register on www.scaleit.biz/apply, by Saturday, 30th June 2018.

Eligibility criteria:

  • achieved a turnover of at least €1 million in the past 12 months or at least 1 million monthly users (in the case of online B2C)
  • YoY growth of around 100%
  • at least 20% of total turnover generated abroad or have a clear and sustainable internationalization strategy

The winners will be shortlisted by 31st August and will go on to participate in the 2 day event, on 17th and 18th October 2018, in Milan, Italy. At the event, scaleups will pitch their business model to the public and have one-to-one meetings with international investors and VC Funds (Series A, B and C funding rounds ranging from €3 million to €30 million).

Photos by: www.gabrielezanon.com

Lorenzo Franchini, ScaleIT Founding Partner, commented: During the previous events, ScaleIT built a relationship of trust with more than 350 investors from Europe, the USA, Asia and Israel. This was possible because we presented them high quality companies”

VC Funds present in previous editions include Amadeus Capital, Ardian, Cisco Investments, DN Capital, Draper Esprit, EarlyBird, Eight RoadsHighland EuropeHoltzbrinck VenturesIdinvestIndex Ventures, Iris Capital, Nauta Capital, OmnesPartech Ventures.

This year’s event partners: Euronext, McKinsey, Orrick , Amazon Web Service, Salesforce, Silverpeak, Badenoch & Clark, Ludovici, Piccone & Partners, Endeavor, ABC Accelerator, Startups.watch, U-Start and  U.S. Consulate General Milan.

Photos by: www.gabrielezanon.com

About ScaleIT

ScaleIT is an event/platform that brings South and South-East Europe’s best scaleups with top VC Funds investing in those regions. Founded in 2015 by Lorenzo Franchini — an angel investor and entrepreneur in the venture capital sector.

 

For further information: www.scaleit.biz

Linkedin: www.linkedin.com/company/scaleit-showcase

Twitter: @ScaIeIT