We present exemplary political work from all over Europe to you – submitted to the Innovation in Politics Awards and from other sources.
FABRIQ – THE SOCIAL ENTERPRISE INCUBATOR
(WINNER 2019) Startups are supported and encouraged to have a positive social and economic impact in Milan.
FabriQ is the first social innovation incubator of the City of Milan, located in the peripheral suburb of Quarto Oggiaro. It offers economic incentives and assistance services to companies wishing to start business projects with a high social impact; encourages the birth and development of projects that propose new solutions to current social issues; as well as providing support for existing solutions.
The objective of the service is to transform startups into new economic actors that can have real effects on the social fabric of the neighbourhood and the entire city. Since 2013, FabriQ has carried forward more than 60 startup and young companies, combining profitability and entrepreneurship with social and environmental sustainability. In particular, the municipality has contributed more than 373,000 Euros in grants for 21 projects/startups.