Startup Genome: from California to develop Turin's ecosystem

May 26, 2021
The U.S. organization will collaborate with Intesa Sanpaolo Innovation Center and Compagnia di San Paolo to harness the innovative potential of our city.

Startup Genome is a California-based research and policy advisory organization that works closely with governments, public and private institutions to help them successfully direct their efforts to support the development and advancement of startup ecosystems. It operates in 40 countries on all continents of the planet with over 100 clients and is responsible for compiling the Global Startup Ecosystem Report, the world's most comprehensive and widely read research on startups.

The objective of Compagnia di San Paolo, Intesa Sanpaolo Innovation Center and Startup Genome is to support the rapidly growing startup ecosystem in Turin. In our city, in fact, a network of initiatives and realities supporting the development of new business ideas is developing and strengthening, attracting interest and talent from all over Italy and the world. As a result of this collaboration, the next edition of the Startup Genome report will include among the cases analyzed the most important and promising realities of Turin.

To reinforce the value of this initiative Marc Penzel, founder and president of Startup Genome, commented: "Turin's startup ecosystem has incredible potential to create sustained economic growth, both locally and nationally. We are proud to build on the important work already done and help accelerate Turin's journey and global exposure as a fast-growing technology hub."

In fact, thanks to this partnership the degree of exposure of local startups will be able to increase by offering a showcase of national and international prominence to projects from the Turin area, which will also bring significant benefits in terms of opportunities that can be generated for young companies in our area. Maurizio Montagnese, President of Intesa Sanpaolo Innovation Center said: "The collaboration with an international operator such as Startup Genome represents another important step towards the recognition of Turin as a central hub for innovation. We expect that the application of a common standard for specific KPIs will help the entire community to further contribute to our commitment to the growth of the local ecosystem."

"Our Foundation's mission is to make Turin an international hub for innovators", concluded Francesco Profumo, President of Compagnia di San Paolo. "This new partnership with Startup Genome is key to positioning Torino on the global map of startup ecosystems, in line with our ambition to attract new investment, excellent human capital and entrepreneurial initiatives that can settle and thrive in our region."

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Luca Coppolella
Head of Content

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