I think in the next years, today could be remembered as a defining moment of the Italian startup and venture capital movement. The past years have been hard, but promising and seeding the market has been fairly difficult. But it has changed now. It is clear to all of us that are deeply involved with the industry on the ground: the speed and scale of things happening right now is unprecedented.
MAKERS: a new industrial revolution was the best and biggest innovation event so far in Italy. WorldWideRome, was an awesome event. Chris Anderson, the godfather of the make movement and Internet guru for many of us is in Rome closed the event in a Q&A session with Luca Sofri.
At the event it was announced that Working Capital 2012 Edition, the entrepreneurship event of Telecom Italia will become an accelerator, focused on digital, with an investment capacity of 7,5 million euros. It’s the first corporate venture capital program, launched by a large Italian company to date. And will be 100% targeting Internet and mobile startups.
At the end of the event Alessandro Fusacchia, Chairman of RENA and recently working at the Minister of Economic Development partecipated to signify the strong interest that the current government is putting the the Maker movement. Something that could really impact on industries we excel such as fashion, design, creativity in general. And Internet of things. Something largely also invented (or well interpreted in any case) here in Italy, by a former colleague of mine at the Olivetti, friend and visionary of technology: Massimo Banzi, founder of Arduino.