IREN STARTUP AWARD - CALL FOR STARTUPS
IREN, a top player among Italian multi-utilities, is seeking startups and technology companies that aim to revolutionize the utilities sector for the third edition of its IREN Startup Award, powered by Intesa Sanpaolo Innovation Center through its international acceleration program, the Intesa Sanpaolo StartUp Initiative.
IREN has launched IREN UP, the new Corporate Venture Capital instrument that provides investments up to EUR 2 million for high potential technology initiatives. All startups applying for the competition will automatically enter the IREN UPdeal flow (to learn more, visit https://www.gruppoiren.it/iren-up).
The competition envisions two categories with two distinct programs:
SOLUTION SPACES ADDRESSED BY THIS CALL INCLUDE
AWARDS
INSTRUCTIONS TO APPLY
REGISTRATION DATA SECTION
USER FILES SECTION
Upload the requested files:
Interested entrepreneurs can apply no later than September 22nd, 2019. The program is free of charge; selected companies will need to cover their own travel and accommodation costs.
If you are already registered on www.startupinitiative.com, you can apply even more easily. Just send an email to startup@intesasanpaolo.com attaching the requested documents and indicating the category (SEED or GROWTH) for which you would like to apply.
APPLICATIONS WILL BE REVIEWED AND SCREENED BY THE ORGANIZERS ON THE BASIS OF SIX KEY DRIVERS
THE PROGRAM IS STRUCTURED AS FOLLOWS
Sep 22 – Deadline Call
Sep 28 – Communication of the results
Oct 1 – Confirmation of participation from admitted startups
Oct 7-8 – "The World Class" for technology Deployment, a Growth-Stage Entrepreneur Master Class. Admitted startups will receive two full days of investor alignment and business development tools delivered by the course developer, Bill Barber, California serial entrepreneur, business angel, current Head for Startup and Growth Acceleration programs at Intesa Sanpaolo Innovation Center. He will be supported by a Global tech M&A veteran. This phase is mandatory for the SEED category and optional (though highly recommended) for the GROWTH category.
Oct 14-25 – BOTH Categories – One-to-one: advisory sessions will be scheduled directly with Bill Barber from Oct 7 to Oct 10.
Oct 28 to Nov 18 – GROWTH Category – One-to-Iren & Intesa Sanpaolo Innovation Center. During this phase we are going to organize meetings for the startups with Iren & Intesa Sanpaolo Innovation Center in order to investigate the business plan assumptions, valuation and common fields of cooperation in order to find “early wins” in the deal flow process.
Nov 21 – BOTH Categories – Deal Line-Up: startups will pitch in front of a panel of experts, who will provide structured feedback and select the finalists that will move forward in the program.
Dec 3 – BOTH Categories – Arena Meeting and Demo Center: the startups selected at the Deal Line-Up will pitch their project in front of a targeted audience of IREN executives and selected VC investors who are looking for business and investment opportunities.
By applying you allow the organizers to film the program’s activities and use your image in promotional footage. For any further questions, feel free to contact us.