Iag, Italian angels for growth, is the main Italian based group of angel investors. The group is very active and invested in several startups based in Italy and abroad focusing on very innovative challenges in diffrent fields: from Information technology to cleantech and even biotechnology and medical devices.
Area Science Park is one of the main Italian technology and scientific parks, is based in the city of Trieste and it includes high tech labs, particle accelerator, and a startup incubator called Innovation factory.
The two organizations announced an agreement that will accelerate the relationship between the startups of the Innovation factory incubator, at the moment there are about 30 of them, and the ability of Iag to spot the most interesting potential investments.
This agreement is important because sees the evolution of a strong relationship between investors and organization that are supporting startup to born and to evolve, a type of relationship that is already in place on other private based incubators as happen between Annapurna and TheNetValue, M31 and Fondamenta or H-Farm and Atlante Ventures to give some examples.
Furthermore Area Science Park is developing programs to support innovation in other Italian regions such as Basilicata where is already operative an incubator based in the city of Potenza and Calabria where the program is just started, next will be Sardinia where Area Scence Park is developing a new program. This means that the collaboration with Iag is not limited to the Trieste based incubator but is a nationwide program that can be further foster the creation of innovative companies around the Country.