Investment fund backed by state lender Cassa Depositi e Prestiti (CDP) to promote startups investing in Artificial Intelligence (AI), including generative AI. Use of direct and indirect investments to promote the development of all players in the innovation chain.
Name in original language
Corporate Venture Capital Fund for AI start-ups to develop solutions for the public sector
Initiative overview
The initiative has the following objectives:Implementing the National AI Strategy 2021, Goal n. 5: Develop AI-driven policies and services in the public sector by boosting public sector innovation.Expand both direct and indirect investments, overseeing existing funds while encouraging the emergence of new funds to support startups at all stages of their growth cycle.Develop the community by bringing together companies, investors and startups for exchange of ideas and pursue new opportunities.Foster the evolution of the Venture Capital system by working in synergy with national agencies and institutions that support startups and by creating a network with key players at the international level.Foster the growth of the Italian market by attracting new national and international investors to the Venture Capital asset class by promoting a new culture of Venture Capital and entrepreneurship in Italy.
Name of responsible organisation (in English)
Ministry of Enterprises and Made in Italy