Cassa Depositi e Prestiti (CDP), the national institution to foster the development of the country, chose Milano as base for its new start-up accelerator.
The new Accelerator dedicated to fintech and insurtech boosts Milano innovative ecosystem and supports the most promising international companies looking to set up their business in Italy.
The program is a joint partnership of CDP Venture Capital Sgr - Fondo Nazionale Innovazione, Digital Magics, Startupbootcamp and Fintech District. Up to 50 start-ups with an initial budget of 1.65 million euros will be targeted by the program in a 3 years period, and a further 2 million euros are to be provided to support the operation later.
The selected start-ups will receive initial funding and benefit from a 13-week acceleration process supported by corporate mentors and investors.
Find out more here