It’s an innovation ecosystem initiative that brings together Italian leaders who invest, operate in manufacturing, and support startups’ growth.
Its purpose is to encourage and develop effective, sustainable innovative projects and enable the evolution of the manufacturing sector.
Remaining to the DEMO DAY
of equity investment, from 5% to 15%, for each startup. At the end of the program, the best startups can access a follow-on investment.
of acceleration that will touch on all the key aspects of the startup’s success. From the idea, to the strategy, to the product, to the market, we will build a scalable business together.
The startup will work alongside the companies, directly within production environments. They will leverage on assets and specific capabilities for the POC development.
This will foster the development, testing and improvement of the solution and establish a relationship with the production area.
Access a founders’ network, Subject Matter Expert, investors, and mentors coming from the business, digital, and manufacturing world.
We are looking for startups with innovative technologies and digital solutions which can be implemented in production areas and manufacturing processes, in order to meet real factory needs.
Are you unsure if your solution could be relevant for our accelerator?
Select technologies and application domains to discover some relevant use cases.
Distributed, decentralized transaction logs for tracking shared and irrefutable data between different parties
VR 3D computer graphics, platforms for augmented reality
Virtual simulator, models for digital manufacturing
Platforms leveraging computational capacity and cloud-based data systems
Internet-of-things: platforms that integrate smart sensors or other sensors. It includes software systems for the monitoring and maintenance of equipment and assets.
AI-based data collection, analysis, processing and solution creation
Encryption, hashing algorithms, and any systems that protect against cyber attacks
Digital solutions to support robots and factory machines
Activities to streamline and optimize maintenance, through failure prediction, intelligent planning, and remote assistance systems
Techniques and processes for the design of products and services
Systems for quality control and all activities aimed at improving the quality of products and services
Production techniques and the organization of activities along all operational processes
The evolution of the user experience through interaction with products and with the company, to discover the true wishes of customers
The network of all individuals, organizations, resources, activities and technology linked upstream and downstream.
In funding for digitization, innovation, competitiveness, and culture
The worker of the future, with a new DNA and new ways of interacting with the production process
in funding for digitization, innovation, competitiveness, and culture
Country in the world for export of manufactured products
Companies in the manufacturing sector
Value-added to the manufacturing sector from Italian producers
Venture capital deals in 2020
Growth of the manufacturing sector in 2021
The accelerator is an innovation ecosystem that brings together Italian leaders who invest, operate in manufacturing, and support startups’ growth. It exists to stimulate and grow effective, sustainable system initiatives.
Investor and Promoter
Gestore e Co-investitore
Corporate Partner & Investor
Corporate Partner & Investor
Corporate Partner & Investor
Corporate Partner & Investitore
Ecosystem Enabler
Ecosystem Enabler
Corporate Partner & Investor
Corporate Partner & Investor
Partner Tecnico
Corporate Partner & Investor
Head of Business Development - Fameccanica
Partner & CEO - Auxiell
CEO - Poggipolini
Group Technical Director - Scm Group
Industrial Strategic Planning - Comer Industries
CEO of - Hydraulics
Managing Director - Industrio
Research and Development Manager - Fameccanica
Innovation Scouting Specialist - SCM Group
Operations Director - Comer Industries
Industry 4.0 Specialist
R&D Senior Mechanical Engineer - Sens-in
Forward Factory’s startups can count on a large network of professionals who bring their experience to founders and their teams.
The selected startups embark on a challenging path lasting 6 months:
The startups will reinforce the business idea by building the foundations to create scalable solutions in the world of digital manufacturing. The program will involve 1:1 mentorship, vertical bootcamps on specific issues and individual support tailored to the needs of each startup.
In this phase, each startup will be involved in the creation of a POC (proof of concept) developed in collaboration with one of the manufacturing companies, which also serve as investors in the program, and with the Forward Factory team, to arrive at the demo day – not with the usual slides but with one use case that is ready for take-off.
1:1 Coaching, Mentorship, and Bootcamp with experts on vertical factory issues and with program specialists on key topics (product, marketing, sales)
Periodic meetings between the founders to share progress, best practices, and experiences
Work stations at the GELLIFY Phygital HUB for each startup, side-by-side with the other founders.
Meetings with corporate managers and visits to the corporate production sites
Daily work in dedicated spaces provided by the corporate to develop your own solutions and experience the factory
Design of a pilot (POC) guided within a manufacturing investor company.
165k of equity investment + subsequent follow-ons up to a maximum of €300 K
Final demo day with presentation of the solution and the results of the POC to a broader audience of investors and leading manufacturing companies in the sector.
Submit your application by December 31st 2023, to be among the startup selected for the third edition.
Launch event of Forward Factory’s third batch!
We are in the “Build to Scale” phase, characterized by training on the field with dedicated sessions featuring experts from the accelerator’s ecosystem.
Each startup will be matched with a company among the investor partners in order to identify a first pilot project (POC), based on the best fit between the application / technological scope of the startup and the business’ needs.
The factories open their doors to the startups! Founders and teams will work side by side with the businesses to develop the POC, in the factory environment and with the support of the accelerator’s experts.
Final event of Forward Factory’s third startup batch!
The startups will show the results of the program and the POC with the investor partner in front of a panel of international investors and potential companies. The best startups of the batch will have the possibility of a follow-on from Forward Factory.
The application will be reviewed by the Forward Factory team and we will evaluate all the relevant aspects for being successful during the program: Idea, Team, Project Status, Business Potential, …
Great! You have taken the first step! Now wait for feedback, if you access the next selection we will ask you for availability for some calls and to deepen some documents together with you (business plan).
Yes, that’s right, the startup must already have a working prototype or an MVP to work on during the development phase of the POC with companies
In order to receive the investment and access the program, your startup must be established in Italy. In case you haven’t formed it yet this could be the perfect opportunity! If you have a registered office abroad, it could be an opportunity to open your own office in Italy.
Yes of course, feel free to suggest forward factory to the startups you know!
Yes sure! Forward Factory’s investment is € 165k for an equity of 5% -15%.
No, it will not be necessary to be full time in Bologna for the acceleration period. However, you will be required to be present for some activities to do together. During the development of the POC some transfers to the production sites of the investor partners will be necessary
The official language of the program will be English. During the 1to1 meetings or other specific activities in the event in which the participants are all Italians, the language will be switched to Italian.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |