Debt & Grants in the software sector
Year 2021 , Debt & Grants
U.S. company that makes digital products and services which, thanks to sensors inside IoT accessories, footwear and clothing, capture biometric data from the human body to be used in sports and health care.
Why we intervened

The company asked for our support to build a flexible corporate structure that would allow the entry of new partners and to carry out a significant investment program in Italy in order to start the production of sensors and an IT infrastructure based on Artificial Intelligence systems.

How we intervened

- Identification, together with corporate representatives, of the company’s actual needs;
- Verification of eligibility requirements for the identified call;
- Collection of documentation and information necessary for project drafting and preparation of application forms (Smart & Start Call);
- Setting up of an ad hoc vehicle (Innovative Start-Up);
- Electronic submission of the application and support in the management of requirements after positive outcome notification.

The outcome

The company was registered in Italy as an Innovative Start-Up and funds were found through measures made available by Invitalia for more than 1 million Euro, a good portion of which is non-repayable.

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