Apply Now: Recreation Lab XR – Venture Builder Program 2025 (Italy)

These projects can span multiple sectors, but they must serve as a conductor of new technologies.

Priority will be given to business ideas with a team consisting of at least 51% women.

Funding Information

• The program does not require equity and offers all 20 new ideas selected:
  • A grant of € 5.000,00 will be divided in two steps:
    • € 1.000,00 at the end of the first month of training and after verification of the path
    • € 4.000,00 at the end of 3 months always subject to prior verification of the route carried out
  • The free participation in the incubation program, with a total value of € 40.000,00, created by AlMaGi, Fifthingenium srls, MarshYellow, Convergo by Arcana srl, Università di Porto (Portugal) and Università Complutense Madrid (Spagna) includes diverse benefits:
    • The teams of the selected projects will be able to access for free the co-working spaces of AlMaGi Group, located in via Oberdan 22 a Bologna, to work in a team and develop their own entrepreneurial idea. These spaces are equipped with every technology necessary to accommodate the work team. L’access to co-working AlMaGi Group will have to be pre-booked.
    • A path to accompany the development of business ideas and the training of business and thematic skills necessary to set up a business. The program will involve the role of narrator, experts of the economicfinancial world, of business consulting, of social impact, of communication, of intellectual property, of financial instruments. Through frontal lessons and a series of one-to-one mentoring dedicated to each of the selected emergent ideas, the team will acquire key competencies
    • The creation of an enterprise and the creation of a professional network, essential to face the future challenges of the market. This program will allow the startup to develop the product/service idea.
    • assessment to identify points of strength and areas of improvement
    • a concluding event during which the work team will present a pitch deck of their entrepreneurial projects
  • Award awarded by AlMaGi Group: Among those who will be selected as part of the program, an entrepreneurial project will be selected at the end of the journey, once the startup is formed, will benefit from the advanced incubation program. The program includes workshops of training, networking, mentoring, consulting and one-to-one coaching, provided by professional experts.

Program Duration

• The program will have a duration spanning between 14 and 16 weeks and will run between June and September 2025 and will serve as the center of activity in co-working spaces.

Requirement of Participation

• The participation requirements must be possessed at the moment of submission of the application and can participate in the program by project teams and/or single individuals:
  • They have an innovative business idea in the field of immersive functional technologies to emulate an environment or a physical world (Extended, Virtual, Augmented, Mixed reality, Edge cloud computing, artificial intelligence per machine learning, blockchain and Metaverso) in any sector that wants to create a new enterprise.
• Each proponent may submit only one business idea.

Eligibility Criteria

• Looking for organization:
  • in Cloud Computing, Augmented Reality, Virtual Reality (VR), Blockchain, Metaverse, Extended Reality (XR)
  • located in Italy, Europe
  • not incorporated
  • idea stage
  • Pre-seed
  • have raised funding or not
  • currently raising funds
  • have revenue or not

For more information, visit AlMaGi Group.