FREQUENTLY ASKED QUESTIONS
This program is an initiative of CDP Venture Capital and is part of the CDP National Accelerators Network. It is promoted by Zest, Nova Capital, Ariston, COIMA, and MassChallenge Switzerland.
MassChallenge is managing the application process for HabiSmart.
- You should click on this link and create an account;
- Go to My Companies on the left tab;
- Create a new startup;
- Click Apply Now to the HabiSmart programme;
- Proceed with the application form.
All early-stage startups operating in one of the key sectors of interest in PropTech. It is possible to apply even with just an idea and/or if your company has not yet been established, provided that you commit to establishing a company in Italy if selected in order to benefit from the investment and program activities.
Foreign startups or teams can apply and must meet at least one of the following criteria: 1. At least one Italian founder in the share capital 2. The company is established in Italy 3. Willingness to establish an Italian subsidiary.
Yes, we will invest in 8-10 startups that reach the final phase of the program. An initial investment of at least 115,000 euros will be made immediately after the Selection Day, which opens the Validation phase. HabiSmart will acquire up to 10% of the share capital based on the startup's stage of development.
Subsequently, HabiSmart may make an additional investment of up to 300,000 euros in the program startups, bringing the total potential investment to over 415,000 euros.
A group of experts will review your application, and the Zest team will contact you for feedback and a follow-up call. Selected startups will then be invited to participate in one of the bootcamps held in Milan between September 9th and October 1st, 2024, where they will have the opportunity to present their solutions and personally meet all the promoters and partners of HabiSmart. Startups selected for the bootcamps will begin the Discovery phase.
Contact MassChallenge Switzerland per email: switzerland@masschallenge.org
The program activities are organized to engage teams for approximately 6-8 hours per week. Most activities will be available both in-person and remotely.
Absolutely. Our involvement can be even more critical at this stage, accelerating the business development of your startup. During the programme, you will have the opportunity to get in touch and explore commercial or industrial opportunities with the programme's corporate partners.
Yes, the startups invited to attend the Selection Day will receive the contractual terms (term sheet and, subsequently, investment agreement) which govern the terms and conditions of their participation in the Programme, the subscription of which is a prerequisite for accessing the acceleration programme and be qualified as a participating startup. Before the Selection Day, signing the contracts or the essential elements of the same is a requirement to participate in the event.
The following will be evaluated: the fit with the program's verticals of interest, the innovation and originality of the idea or approach, the vision and skills of the team, the potential and size of the target market, the ability to present the company and clarity of exposition, the traction achieved, and growth strategies.
The program includes meetings (both one-to-one and one-to-many) between selected startups and program partners to create an opportunity for discussion about innovation needs and the solutions proposed by the startups.
