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Fineco Impact Challenge ready to start

105k euros for the Italian most sustainable startups.


Up for grabs 105 thousand euros. Registration open from February 24th and winners will be announced on April 19th for the Fineco Impact Challenge, the new startup challenge promoted by the Fineco Ambassador Club, the excellent team of the bank's network of advisors which is one of the leading fintechs in Europe.

The initiative is part of Fineco's sustainability strategy, highlighting the Ambassadors Club's concrete commitment to support technological projects that can generate a positive impact both on the plan social and environmental. The challenge for the title of Project with a high sustainability impact will see the collaboration with LifeGate, for more than 20 years an absolute reference point in Italy on the sustainability, and LifeGate Way, an open innovation hub that connects the largest ecosystem of Italian sustainable native startups with the leader of innovation.

From Friday 24 February they can apply all startups that meet the following requirements: born at least one year ago, with tax headquarters in Italy, with a product or service already on the market and a minimum annual turnover of 50 thousand euro. Subsequently, a specific assessment is planned together with the LifeGate Way Deal Flow team during which the best Italian tech startups will exhibit their projects, discussing topics as solutions to climate change, social and cultural inclusion, training, digital divide and protection of the territories.

The innovation of the competing projects will be measured by Fineco and its Club Ambassador on the three key dimensions of sustainability: People, Planet and Profit. On April 19 during the ceremony will be awarded by Fineco a total prize pool of 105 thousand euros, divided between grants (75 thousand euros) and a series of support services for startups provided by LifeGate (30 thousand euros).

Spread values in terms of sustainability

"The goal of the Fineco Club Ambassador is to spread the values and principles in terms of sustainability on to which our group is founded, and initiatives such as the Fineco Impact Challenge go exactly into this management" says Mauro Albanese, deputy general manager and commercial director PFA & Private Banking by Fineco. "Promoting projects in the field of sustainability and developing culture of entrepreneurship in a context of continuous innovation, recalls the commitment of our consultants and, at the same time, creates a strong connection with the community in which we operate every day". Fineco has chosen Lifegate as a technical partner in this new path to guarantee method, competence and compliance with regulations in carrying out the entire Fineco Impact Challenge.

"We are proud to have been chosen by Fineco to support them, through our over twenty years of expertise in field of sustainability, in the process of selecting startups that will demonstrate their ability to exploit the better technology and innovation as fundamental assets at the service of human beings to be able to building an increasingly sustainable future, starting from the daily life of our actions, in full respect of our three principles of sustainability (People, Planet, Profit)" explains Enea Roveda, CEO of LifeGate.

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