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                <p><img src="https://images.unsplash.com/photo-1531572753322-ad063cecc140?ixlib=rb-4.0.3&amp;ixid=M3wxMjA3fDB8MHxzZWFyY2h8M3x8cm9tZXxlbnwwfHwwfHx8MA%3D%3D&amp;w=1000&amp;q=80" alt="aerial photography of city">
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Italy has a strong tradition of entrepreneurship: from high-quality leather goods to aerospace, from apparel to med-tech, from agro-food to industrial automation. This entrepreneurial mindset might be a contributing factor in developing the startup scene, spurring increased activity and attracting startup stakeholders. While many startups exist in cities such as Turin, Bologna, Naples, and Rome, Milan is typically seen as a bigger ecosystem due to its commercial mentality and a significant number of VC funds. <br> <div class="read-more-target">
<br>The economy is largely export-driven, and the local startup ecosystem has still not managed to substantially contribute to the economy. Other challenges that the Italian startup ecosystems face are: building a more favorable regulatory environment to stimulate startups, improving tax policies, encouraging greater involvement of the private sector (SMEs in particular), establishing a stronger global outlook, and simplifying the bureaucratic process, which is currently among the heaviest burdens that startups have to face. <br>
<br>Italian public sector ecosystem developers are much less active than in other European nations, but some initiatives are changing that. In 2020, the Italian government sponsored an investment program aimed at the native startup ecosystem, creating a new venture arm: CDP Venture Capital. Additionally, the Ministry of Economic Development launched The Italian Startup Act, which reorients existing legislation to incentivize Italian startup formation with tools like tax breaks on early-stage investments and R&amp;D credits, as well as a startup visa to attract foreign talent. <br>
<br>Italy will need to implement reforms faster to stop founders from moving their headquarters elsewhere. On the other hand, it is encouraging to see that startup founders have a large and increasingly talented labor pool. Italy boasts an extensive network of high-quality universities (300,000 graduates per year), as well as science and technology parks. In addition, the country has proved its capacity to breed unicorns as seen in the case of Scalapay’s valuation of more than US$ 1 billion in 2022.<br>
<br>With Italy joining the unicorn club, we expect further acceleration of its ecosystem growth in the years to come.<br></p>

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![aerial photography of city](https://images.unsplash.com/photo-1531572753322-ad063cecc140?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxzZWFyY2h8M3x8cm9tZXxlbnwwfHwwfHx8MA%3D%3D&w=1000&q=80)
<br>
Italy has a strong tradition of entrepreneurship: from high-quality leather goods to aerospace, from apparel to med-tech, from agro-food to industrial automation. This entrepreneurial mindset might be a contributing factor in developing the startup scene, spurring increased activity and attracting startup stakeholders. While many startups exist in cities such as Turin, Bologna, Naples, and Rome, Milan is typically seen as a bigger ecosystem due to its commercial mentality and a significant number of VC funds. <br> ==read-more==
<br>The economy is largely export-driven, and the local startup ecosystem has still not managed to substantially contribute to the economy. Other challenges that the Italian startup ecosystems face are: building a more favorable regulatory environment to stimulate startups, improving tax policies, encouraging greater involvement of the private sector (SMEs in particular), establishing a stronger global outlook, and simplifying the bureaucratic process, which is currently among the heaviest burdens that startups have to face. <br>
<br>Italian public sector ecosystem developers are much less active than in other European nations, but some initiatives are changing that. In 2020, the Italian government sponsored an investment program aimed at the native startup ecosystem, creating a new venture arm: CDP Venture Capital. Additionally, the Ministry of Economic Development launched The Italian Startup Act, which reorients existing legislation to incentivize Italian startup formation with tools like tax breaks on early-stage investments and R&D credits, as well as a startup visa to attract foreign talent. <br>
<br>Italy will need to implement reforms faster to stop founders from moving their headquarters elsewhere. On the other hand, it is encouraging to see that startup founders have a large and increasingly talented labor pool. Italy boasts an extensive network of high-quality universities (300,000 graduates per year), as well as science and technology parks. In addition, the country has proved its capacity to breed unicorns as seen in the case of Scalapay’s valuation of more than US$ 1 billion in 2022.<br>
<br>With Italy joining the unicorn club, we expect further acceleration of its ecosystem growth in the years to come.<br>

Map of Accelerators in undefined | StartupBlink | See more information and additional rankings on the StartupBlink Global Ecosystem Map

Fondazione Filarete manages a 6000 m2 Business Accelerator Infrastructure strategically located in the southern part of Milan

Fondazione Filarete

They want to inspire and empower a new generation of creative and responsible food entrepreneurs, starting from their homeland: the Italian Food Valley

Future Food

Hubble is an acceleration program aimed at finding "great ideas" through periodic calls, financing them and supporting their growth

Hubble Acceleration Program - Batch #6

growITup was born in the frame of the long-lasting collaboration between Fondazione Cariplo and Microsoft, aimed at developing concrete initiatives for young people, thanks to the activation of specialized training courses and the construction of new job opportunities

growITup

Environment Park is an innovation accelerator for businesses looking to use eco-efficient solutions to expand their markets; a gatherer of ideas that will get businesses one step ahead and more competitive in the global economy

Environment Park

Open Accelerator is an international fast track acceleration program dedicated to projects in Life Sciences

Open Accelerator

Open2TheFuture is an open innovation initiative in partnership with Cariplo Factory

Open2TheFuture

Impact Hub is an international network of beautiful physical spaces where entrepreneurs, creative professionals can access resources, be inspired by the work of others, to have innovative ideas, develop useful relationships and identify market opportunities

Impact Hub Milan

Ecostar Hub is a virtual research enterprise advancing entrepreneurship and innovation in the field of marketing and economics of ecosystems and biodiversity by creating university-business links and opportunities among research institutes and companies across Europe

Ecostar Hub

Seed Lab is a venture fund program encouraging technology startups in Italy

SeedLab

INternet Cleantech ENablers Spark project (INCENSe) aims to foster innovation and high tech employment in the European Energy Sector through the provision of funding and top level acceleration services to support entrepreneurs in the creation of innovative market-oriented solutions able to make energy smarter, reliable and efficient

INCENSe Accelerator

One of the leading Hardware and IoT hubs in the world wth high-tech R&D capacity and highly-trained professionals

ProLogium

Pickupp

Tern

KKday

17LIVE

The News Lens

An inspiring ecosystem that is steadily due to its growing use of digital technologies, rapid urbanization and planned investments

Solargen

Wadaag Technologies

Zaad

Waafi App

A growing regional and global startup leader 

Oddle

Flash Coffee

Grain

ONE Championship

Glints

BandLab

A vibrant and strong startup hub attracting international recognition and investment

Autolab

Picap

Instaleap

Addi

Platzi

Frubana

Regus - Bogota, Tierra Firme Santa Barbara

Tierra Firme

Regus - Bogota, Calle 100, Capital Tower

Rappi

Habi

A leading regional startup hub owing its succes to the creative and innovative spirit of its people 

Contents First

Danggeun Market

Lezhin Entertainment

OP.GG

O-House

Buzzvil

Gwanghwamun

Spaces - Seoul, Autoway Tower

Regus - Seoul, Gangnam Posco Tower Yeoksam

Coupang

Samsung

Musinsa

Netmarble

LG Electronics

Kurly 

Woowa Brothers

Wemakeprice

An innovative city with a global startup ecosystem

SoftBank Robotics Holdings

Synspective

Ispace Technologies

Line

PayPay

freee

Shinagawa

Kanda Square

MidPoint Yokohama Kannai

Mercari

Rakuten

SmartNews

Paidy

Softbank

Playco

Sony

SmartHR

One of the fastest growing ecosystems in Australia 

Coyo

LuvaBerry

Good Harvest

Zitcha

Medicsen

Youi

The Boarding Office

Atmoph

Hacarus

MuiLab 

Baseconnect

Exawizards

On The Slope

Offisteria

Garden Lab

OpenOffice - Kyoto, Karasuma (Open Office)

The main city and economic hub of Colombia’s Pacific Coast in the Valle de Cauca region