Sisal GoBeyond competition aims to accelerate Italy’s brightest start-ups

Sisal SPA, the operating firm of Italy’s SuperEnalotto national lottery draw, has continued its funding of talent development projects for Italy’s new workforce through the hosting of its ‘GoBeyond’ competition. 

Entering its fifth year, Sisal’s innovation competition is co-hosted with investment fund CVC Capital Partners and aims to advance the development of Italian start-ups focused on social impact and enterprise.

Students and young entrepreneurs across Italy will be given the chance to put forward project ideas for the chance to win a €40,000 equity-free grant, in addition to expert guidance from Italy’s highest authorities of tech and innovation.   

The four previous GoBeyond competitions had received more than 600 applications from start-ups, awarding the eight winning ideas with prizes for a total value of +€300,000.

GoBeyond 2021 will see start-ups and entrepreneurs focus on the key areas of improving business sustainability and expanding digital adoption for all Italian communities and generations.

Launching the 2021 competition, Sisal has made a further pledge, as an Italian female-led start-ups will be guaranteed a ‘dedicated six month plan’ developed by business accelerator the Impact Hub Benefit Company ‘to speed up the entry of female start-ups into the market’.

Francesco Durante, CEO of Sisal, said: “Every year I look forward to the opening of applications for Gobeyond, as I firmly believe that support for young people and their ideas is fundamental for the economic and social progress of a country.

“I believe that companies like Sisal should be actively and continually committed to the progress of society… To build a more responsible future, we need to do more to encourage those who are developing innovative ideas to help society.”

Check Also

Allwyn boosts sustainability policies with net zero commitment

Allwyn, the UK-brand of European lottery operator SAZKA Group, has made a commitment to become …

Sisal splits Mooney payment services unit from main business

Sisal Group SPA, the operating firm of Italy’s SuperEnalotto lottery, will undertake an ‘organisational restructure’ …

DCMS summons inquiry of National Lottery competition process  

DCMS has launched an inquiry to evaluate and examine its handling of the ‘competition process’ …