Milan is truly a GREAT place to build a startup, but most of the early-stage entrepreneurs we speak to are not aware of the local resources that are available to help them.
With applications for the Milan Founder Institute now open, we are excited to release the Milan Startup Ecosystem Canvas, which is currently in Draft v1 below! It was developed by the Milan Founder Institute and local leaders Maria Matloub and Peter Lazou.
This is just a DRAFT, and while we spent many hours on this research, more input is needed. Please leave your comments on this collaborative Google document to help us complete the list. There are definitely omissions on this current version.
Are you looking to build a startup in Milan? Then apply to the Milan Founder Institute today!
Text version included below, for ease of searching:
Startup Stages
There is no one right way to build a technology company, but for the sake of simplicity we have outlined a basic, common, sequential framework.
1. Idea Stage
This is where new entrepreneurs get inspired, learn best practices, develop skills, validate ideas, and begin to build their team and product.
A. Inspire
- Startup Media: Centralized local information, listings, and news. (i.e. startup blogs/ publications/ lists/ FB groups/ newsletters, Startup Digest)
- Inspirational Events: Open, inclusive, beginner startup events (i.e. Startup Weekend, idea fairs, and inspirational meetups)
- Data Science Milan
- Digital design days
- Fintech Up
- FWLAB Startup Meetup Milano
- Girls in Tech
- Health 2.0 Milan Chapter
- Lean Startup Machine Milan
- Milan Startup Week
- Milano Entrepreneurship and Innovation Meetup Group
- Milano Scala Group
- Milano Startup Scene
- Non-Technical Entrepreneurs Meetup Milano
- R-Ladies Milan
- Startup Weekend Milan
- StartupItalia! Open Summit
B. Educate
- Best Practices: Beginner knowledge-sharing events. (i.e. beginner events that serve to educate more than inspire, like 1 Million Cups, Startup Grind, Startup Founder 101, etc).
- AWS User Group Italy
- Branding & Brand Identity Italia
- DigitalOcean Milano
- Legal Tech Milano
- Log.ED Milano
- Machine Learning Milan
- Milan High Tech Meetup
- Milano Chatbots Meetup
- Milano Design Thinking Meetup
- Serverless Italy
- Startup Founder 101 Milan
- Startup Grind Milano
- yTech Milan: Hybris Technology Community
- Training & Feedback: Skill & Idea development. (Ex. bootcamps and comprehensive training programs, like Founder Institute, General Assembly, Lean Startup Machine, code camps, etc)
- Agile Brewery Milano
- Agile Reloaded Meetup
- AgileIoT
- Crafted Software
- Founder Institute
- Le Wagon
- Le Wagon Milan Coding Station Meetup
- Lean Startup Circle Milano
- Milan Startup: Idea to IPO
- Milano Apache Kafka Meetup by Confluent
- Milano Scrum/Agile User's Group
- ProductTank Milano
- Startupbootcamp Smart City & IoT Program
- TAG Innovation School
- The Happy Startup School Milan Meetup
- The Startup Training
C. Validate
- Team Formation: Resources for teaming up. (i.e. events or other resources that facilitate early-stage recruitment and cofounder matching)
- American Business Group
- Business e via Italy
- Business Networking Milan
- CoFoundersLab
- Endeavor Italy
- Founder2be
- FounderDating
- Hackers and Founders
- Milano International Business Networking
- Professional Women's Network Milan
- Startup Crash Test Milan
- StartupBlink Milano
- STEM 4 Health & AgTech Milano
- Tech Startup Milano
- Build First Product: Hackathons & resources to build. (i.e. hackathons and other builder-focused events and resources)
- 3DiTALY Milano
- Cashless Milano Hack
- Cognitive Hack
- DamA Space
- FabLab Milano
- Global Legal Hackathon
- H-ack by H-Farm
- Hacker News Milano
- Hacks/Hackers Milano
- Hash Code 2018
- Kotlin Night Milano 2018
- Makers Hub
- Milano Digital Week: Social Media Hackathon
- Opendot
- POLIFactory
- Poste Hack
- Space Apps Milano
- WeMake
2. Launch Stage
In this stage, entrepreneurs establish and formalize the company, develop the product, get feedback from customers, and prepare for the next step.
A. Start
- Establish: Law firms & banks for startups
- Banca Galileo
- Banca IFIS
- Banca Popolare di Milano
- Banca Progetto
- BonelliErede
- CBA studio legale e tributario
- CMS
- Dentons
- Extrabanca
- FPB Legal
- Intesa Sanpaolo
- Jones Day
- Latham & Watkins LLP
- LCA Law
- LEXIA Avvocati
- McDermott Will and Emery
- Nctm Studio Legale
- Orrick
- Osborne Clarke
- Paradigma Law
- Pirola Pennuto Zei & Associati
- Portolano Cavallo Studio Legale
- Santander Consumer Bank
- Simmons & Simmons
- UniCredit Banca
- Workspace: Co-working and flexible workspaces (note: “official” office space goes in 3.1.a. Infrastructure)
- BASE Milano
- Campus Coworking Milano
- Coffice Milano
- Copernico Milano
- Coworking Login
- Coworking Milano
- Coworking Milano Bicocca
- Donatello Coworking Milan
- Flexworking
- Idea Factory Milano
- Impact Hub Milano
- inCOWORK Milano
- LASCIA la SCIA Coworking
- Loft Coworking
- Qf
- Sarpi oTTo
- Spaces Milano
- Spazio Elabora
- StartMiUp
- Talent Garden
- YoRoom
B. Develop
- Formalize: Accounting, development and HR for early-stage startups.
- Prepare for Seed: Incubators and advanced mentorship. (i.e. advanced knowledge sharing, later stage events and resources for startup TEAMS, Startup Next, etc)
- Alimenta2Talent
- Breed Reply
- Digital Magics
- Edison Pulse
- ENEL Startup Program
- Euroimpresa
- FabriQ
- Impact Hub Milano Incubator
- Incubatore Tecnologico Bottega di Leonardo
- Innovits
- InnoVitsLab
- Intesa Sanpaolo Start Up Initiative
- Italian Brand Factory
- IULM Innovation Lab
- KeyCapital
- Make a Cube
- Polihub
- PTP Science Park
- RQ Incubator
- Sanipedia
- Speed MI Up Incubator
C. Launch
- Seed Accelerators: Seed funding mentor programs (Techstars-style programs that provide funding)
- Alimenta Accelerating Program
- Barcamper Acceleration Program
- BiovelocITA
- Boox
- DOCOMO Digital b-ventures
- ELITE
- Fashion Technology Accelerator
- Fondazione Filarete
- Future Food Ecosystem
- G2 Accelerator
- growITup
- iStarter
- Italian Brand Factory
- LuissEnlabs
- Make a Cube
- Nuvolab
- Officine Formative
- Open Accelerator Life Science by Z-Cube
- PTP Science Park
- Rancilio Cube
- Speed MI Up Accelerator
- TH2
- TIM WCap Accelerator
- UniCredit StartLab
- Wind Business Factor
- WithFounders
- Pitch & Demo: Show local startups for investment (i.e. demo days for companies seeking seed investment)
3. Growth Stage
Here, a startup proves their utility, receives recognition, and scales up. This usually requires funding, angels, VCs, and ways to connect them to startups.
A. Recognition
- Investor Networking: Connect professional investors with founders. (i.e. events or groups that facilitate connections with professional investors)
- Major Media: Mainstream local business press. (i.e. major local or regional publications that frequently champion local businesses)
B. Funding
- Angels / Micro-VCs: Seed-stage investors
- Andrea Di Camillo
- Cristiana Francia
- Domenico Laudonia
- Fabio Blandino
- Fabio Pezzotti
- Federico Colombara
- Giorgio Valaguzza
- Giuseppe Donvito
- Giuseppe Trettenero
- Ivan Marandola
- Jari Ognibeni
- Loris Lanzellotti
- Martino Bagini
- Massimiliano Magrini
- Matteo Girardi
- Nicola Junior Vitto
- Paola Bonomo
- Raffaele Mauro
- Roberto Bonanzinga
- Sal Matteis
- Stefano Molino
- Venture Capitalists: Series A and beyond
- 21 Partners
- 360 Capital Partners
- Alto Partners
- Ameventures
- Antares Private Equity
- ARDIAN
- Augens Capital
- CVC Capital Partners
- DeA Capital Alternative Funds
- H.I.G. Capital
- Innogest Capital
- MGH7 Venture Capital
- MTS Fund
- Oltre Venture
- Oxy Capital
- P101
- PAI Partners
- Panakes Partners
- Prana Ventures
- Principia SGR
- Private Equity Partners
- Quadrivio SGR
- RedSeed Ventures
- REinventures
- Star Capital
- Style Capital
- Synergo SGR
- TIM Ventures
- UniCredit EVO
- United Ventures
- Vertis SGR
- Wise SGR
- Xandas
C. Growth
- Infrastructure: Office space, HR, local business insurance. (i.e. office space/ HR/ insurance providers for capital-rich companies to grow and scale)
- Expansion: Growth accelerators/consultants. (i.e. programs and business consultants for capital-rich companies to grow and scale)
- Accenture
- Alvarez & Marsal
- Aon
- A.T. Kearney
- Avanade
- Bain & Company
- Boston Consulting Group
- BPI Group
- Capgemini
- Deloitte
- Egon Zehnder
- EY
- Everis
- Frost & Sullivan
- Gartner
- Grant Thornton
- Hill+Knowlton Strategies
- Infosys Consulting
- Kantar Millward Brown
- KPMG
- McKinsey & Company
- Mercer
- Oliver Wyman
- Protiviti
- PwC
- Ramboll
- Roland Berger
- SAP Consulting
- Simon Kucher & Partners
- Tata Consultancy Services
- Towers Watson
- Unisys Consulting
4. Success Stories
Successful homegrown companies that have raised significant institutional funding, employ a large workforce, or have achieved liquidity.
- AdEspresso
- AppsBuilder
- Bauzaar
- Beintoo
- Building Energy
- ChatSim
- Chili
- DFLabs
- Fannabee
- Foorban
- Genenta
- GoodBuyAuto
- Inventia
- iubenda
- MainStreaming
- Moneyfarm
- MotorK
- Prestiamoci
- PrivateGriffe
- ProntoPro
- Robonica
- SHAREWOOD
- Spotlime
- Tanaza
- Tannico
- ZEHUS
Supporters
To facilitate the steps, every ecosystem needs strong supporters.
1. Evangelists
Successful local founders who lead the ecosystem & frequently mentor newbies.
- Andrea Roberto Bifulco
- Andrea Romoli
- Andrey Golub
- Antonio Ghezzi
- Arianna Aondio
- Armando Biondi
- Carmelo Cennamo
- David Casalini
- Domenico Gravagno
- Emanuele Madini
- Emil Abirascid
- Fabio Azzolina
- Federico Sargenti
- Francesco Mantegazzini
- Gabriele Grecchi
- Gaia Costantino
- Giandomenico Sica
- Gianluca Maruzzella
- Giusy Stanziola
- Jacopo Bargellini
- Jessica Tibaldi
- Julien Chiavassa
- Maria Matloub
- Marnix Groet
- Paola Perini
- Patrick Oungre
- Peter Lazou
- Riccardo Pozzoli
- Roberto Verganti
- Stefano Mainetti
2. Government
Public organizations that facilitate local economic development (ex. Start with the chamber of commerce, “Invest in XXX”, “Economic Ministry of XXX” , “Innovation”, R&D, etc)
- AMCHAM Italy
- Camera di Commercio di Milano Monza Brianza Lodi
- Città Metropolitana di Milano: Infrastrutture e Innovazione
- Invest in Lombardy
- Invest in Milano
- Milano Smart City
3. Talent
Major local business or tech universities and employers that attract and retain local talent.
- Local Universities (universities with prominent technical or business programs)
- Local Employers (Major technical employers, like Microsoft or Google or large local companies, with large local offices, “major technology companies in XX”)
Learn more about the Startup Ecosystem Canvas here, and leave us your thoughts on the Milan Canvas on this collaborative Google document (This is just a DRAFT, and more input is needed!)