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Torino Wireless
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PIEMONTE
Technological District
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To support the growth of R&D activities and accelerate enterprise creation and development processes, involving the most relevant players in the area. Torino Wireless develops an innovative concept of public/private integration oriented to:
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Foster the development of centres of excellence in R&D and higher education;
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Enterprise acceleration: create new start-ups and spin-offs; support the growth of innovative SMEs though multiple coordinated actions involving R&D, IPR, Finance;
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Promote financial support for enterprises, by stimulating private and public investments.
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Created in December 2002, Torino Wireless acts through the cooperation of:
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National and local authorities: Ministry of Research, Piedmont Region, Turin County Council, Turin City Council, Chamber of commerce;
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Enterprises: Alenia, Fiat, Motorola, STM, Telecom IT, Industrial association;
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Universities/Research institutions: Politechnic of Turin, University of Turin, research institute Mario Boella
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Financial institutions: San Paolo IMI, Unicredito.
The responsibility of coordination rests the Torino Wireless Foundation
Main strategic action lines and core projects:
Excellence in R&D: developed in partnership with the Mario Boella institute for applied ICT. Encompasses first class research facilities organized as a cluster of laboratories (photonics, radio-communication, EMC, Networking, e-security, sw applications), as well as facilities implemented in partnership with industrial players (Accent, STMicroelectronics, Fastweb, Sendia, Laben).
Enterprise acceleration: actions triggered by a continuous monitoring and involving:
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SMEs project: a whole range of services (IPR, Market Assessment, Commercial door opening, Training, Financial support to Prototypes) to best-of-breed SMEs.
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Start-up project: a set of initiatives and services: Business plan competition, management coaching, facility support, direct financing.
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Torino Wireless Network: Networking and collaboration among players.
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Managerial education for entrepreneurs support is developed in partnership with the Anderson School of Economy (UCLA), Global Access Program.
Intellectual Asset Management: Based on a team from the University of California patent office, Torino Wireless provides transversal services including: intellectual property protection, support and guide from the early stage of R&D planning to licensing activities, use of IPRs to reach new markets, new partners, new R&D opportunities.
District finance: actions are oriented to promote an ecosystem of smart money players, particularly in the Angel and early stages. Angel investment actions are developed through a dedicated fund (Piemontech) created on July 2004 and Seed VC (Alpinvestimenti ) is developed in partnership with the Ersel financial group.
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Target And Perspective
in the Mid-Long Term
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By 2010, Torino Wireless expects:
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To increase the impact of ICT in the regional GDP, from the current level 5% to 8-10%
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To create at least 50 stable innovative enterprises
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To increase the number of researchers engaged in ICT from 2,000 to 6,000
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To insert a wide number of Piedmont SMEs in the acceleration projects
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To attract Italian and international innovative enterprises into the Piedmont area
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To reach finance self sustainability
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Requests and Envisage
of Possible Investiments
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VC fund focused on international Joint-Ventures and on international companies that utilize Italy as a spring board towards Europe.
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Foreign investments in Italian VC (e.g. Alpinvestimenti).
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Leveraging the Italian districts as gateways for Europe. E.g. Torino Wireless as partner for foreign companies willing to locate in Europe.Torino Wireless can help selected companies in: Recruiting local management, finding competitive facilities, getting board-level intros into corporate partners, links to R&D centers, finding clever growth capital, access to EU grants.
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Collaboration in the activities of Torino Wireless Network.
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