TIM#WCAP crowdfunding is here TIM#WCAP crowdfunding is here

TIM#WCAP crowdfunding is here

Support innovative digital projects

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 Crowdfunding is a form of collective financing and the new way to fund-raise to develop ideas and projects thanks to the support of the network and virtual communities.

In 2013 alone, crowdfunding allowed for approximately 5 billion euros to be raised worldwide, of which one billion in Europe; these figures increase year after year thanks to the dissemination of collective financing in different areas.

TIM#WCAP in short: the figures

Below are the main figures for 2009-2014:

  • More than 7,000 business ideas collected from 2009 to date
  • 220  start-ups incubated and accelerated from 2009 to date
  • More than 4.5M€ disbursed from 2009 to date to the 220 start-ups
  • 1M€ in 2014 alone, to accelerate the 40 start-ups selected this year
  • 1M€ additional funds available each year to support start-ups in their first entrance onto the market with the Albo Veloce and Basket dell'Innovazione tools
  • Approximately 45M€ in funding collected by the start-up TIM#WCAP of greatest success
  • More than 3,500 m2 divided up between the four accelerators of Milan, Bologna, Rome and Catania
  • More than 330 events organised throughout Italy to spread the culture of innovation

From 2009 to 2013:

  • it has assessed more than 6,000 business ideas
  • it has financed 109 start-ups
  • 36 pre-incubated start-ups, 19 incubated and financed, 15 accelerated
  • more than 2.5 million euros disbursed as grants to 109 business projects
  • 15 of the start-ups have collected approximately 40 million euros from national and international investors

In 2014, in the 3,000 m2 of accelerators in Milan, Bologna, Rome and Catania, there are 40 start-ups ready to receive a grant to develop innovative ideas.

The crowdfunding platform is here

An on-line crowdfunding platform has recently also been activated: TIM #WCAP Crowdfunding, created to support innovative ideas and projects in a digital scope.

The platform has been created to satisfy the growing demand for collective financing and adds an important part to the tools already used by Working Capital TIM#WCAP (accelerators, quick roll, innovation basket and TIM Ventures seed fund), in support of the creation of a competitive Italian digital market.

The aim? To attract and support the best WCap incubated ideas, the best creative ideas and talents on the internet, digital, mobile and green areas.

TIM #WCAP Crowdfunding also comes within one of the platforms already present in Italy with an advantageous position.  In actual fact, differently to other organisers, Telecom Italia will not take any commission on transactions. The only costs are those applied by Paypal, which grants particularly favourable special conditions thanks to the agreement stipulated with Telecom Italia.

Platform characteristics

It is a reward-based platform: users make a donation to a project and, in exchange, receive a material or symbolic recompense or a prize. Only projects achieving the established thresholds can benefit from the funds raised through the platform, in an “all or nothing” approach.

What are you waiting for? Support, share innovate!