Over 100 Startup candidates for the “Italy Travel Tech Accelerator” call, roadshows in 5 major Italian cities and a strong enthusiasm for the measure proposed by the Ministry of Tourism in collaboration with Broxlab.
With 130 Startup candidates the project by Broxlab and the Ministry of Tourism, “Italy Travel Tech Accelerator”, put in place to support young innovative business ideas in the tourism sector, ended on 31 March. The roadshow that characterized the promotion period of the call was also a success and stopped off in Bari, Naples, Cosenza, Rome and Potenza. In each of these stages, the guidelines of the tender were illustrated by the Ministry of Tourism and Broxlab and several Startups presented their pitch. The acceleration program, lasting five months, not only provides for supporting five startups with an investment in risk capital of up to 100,000 euros, to which a non-repayable grant, provided by the Ministry of Tourism, of 25,000 euro and which can be raised to 200,000 euro in the case of projects that have highlighted a high impact potential for the tourism ecosystem in Italy, but will make various services available to them, such as: support in validating the proposed solution; support for the launch of the product – service on the market; the definition of the development path, also through the identification of industrial and financial partners. The selection day is set for next April 18th.
“We are proud of how our acceleration project for innovative tourism startups, Italy Travel Tech Accelerator, is going. The response from the Italian business community has been incredible. This shows how much our country is full of talent and innovative ideas for the tourism sector”, declares Francesco Perone, President of Broxlab. “We are convinced – continues Perone – that our acceleration program can make a difference for the future of Italian tourism, supporting and enhancing the innovative ideas of young entrepreneurs. Thanks to the collaboration with the Ministry of Tourism, we will be able to offer our winners an investment in venture capital up to €100,000, to which a non-repayable grant may be added, issued by the Ministry of Tourism, equal to €25,000 and which can be raised to €200,000 in the case of projects that have shown a high impact potential for the ecosystem of tourism in Italy”. “Our goal – concludes the President of Broxlab – is to help innovative tourism startups grow in Italy, offering them the resources and experience necessary to develop and become competitive on the market. We are convinced that our commitment, combined with enthusiasm and creativity of our participants, can lead to great results for Italian tourism in the near future”.
Broxlab is an Incubator and Accelerator of Ideas and Companies which has its legal and operational headquarters in Basilicata, in Potenza, and with operational bases in Rome, Emilia-Romagna and Milan. In recent years Broxlab has been committed to transforming innovative ideas in the tourism sector into successful companies and businesses thanks to market trend analysis, providing services to guide teams in achieving growth objectives both in the short term – launch on market- than in consolidation and acceleration. The technological solutions offered by the work team have improved the experience of the stakeholders in the tourism sector, both in improving the operations and management of the activities of tour operators and in usability by the user where new methods and technologies, such as Artificial Intelligence and Big Data. The activities carried out by the Broxlab team for innovative Startups and aspiring entrepreneurs take the form of consultancy services with high added value aimed at defining and developing the business idea, at increasing entrepreneurial awareness, at supporting the eventual definition of the corporate governance, monitoring and assistance in researching and applying for subsidized and ordinary loans, creating networking with other companies, matching with commercial, technical or financial partners, communication and marketing services and finally mentoring and coaching in progress . The consultancy services are provided in two ways: the Physical Incubation – which provides for the settlement at the Hub-Coworking of Potenza, owned by the Company – approximately 1,000 square meters equipped with co living spaces, offices, event rooms, meeting rooms, etc. .- and Virtual Incubation – taking advantage of the support of the Aida platform owned by Broxlab – a cloud platform that allows the sharing of team support activities.