FAQ

Do I need a team to participate?

No, we will assess individuals so you do not need a team to apply and participate.

Can I apply if I already have a team?

Yes, but each one of you will have to apply individually and you will be assessed individually. This means that it might happen that one member of the team passes and the other doesn’t.

Do I need an idea to participate?

No, there will be several validated challenges to start from, you will have the chance to discuss them and brainstorm with all the other participants during the first weeks of the program. 

Can I apply if I already have an idea?

Yes, if you do have an idea on your mind and you think it could be interesting to share it do not hesitate to do that, but we can’t guarantee you that you will get to work on that.

Can I apply if I’m non-technical?

Yes, of course. We need diverse and heterogeneous participants, What we care most about is your motivation

I'm technical, and I don’t have any business experience in starting a company, can I still apply?

Yes, of course. We value different backgrounds and we will encourage participants to form balanced teams with all the skills needed.

Do I have to relocate to Turin if I’m selected to participate?

Yes, the program requires full time physical presence, so it would be convenient for you to be located in Turin for the duration of the program. If you need help in finding a place to stay, reach out to us and we will support you.

Can I do the program part-time?

No, the program requires full-time presence. We will of course have a very lean and flexible approach, but we need you to be 100% committed.

Will I be able to choose my own co-founders?

Yes, you will spend a lot of time meeting and getting to know the other participants in order to find your perfect match. The Vento Team will support you throughout the process and push you to keep in mind what are the soft and hard skills you need in your team.

Will I be able to choose on which challenge I will be working?

Yes, you will be able to choose your challenge. 

Who owns the IP of what is developed?

The participants will own the IP of what they have developed. Further details of how the IP is regulated will be provided in the contract you will sign upon acceptance into the program.

Do you offer office space?

Yes, you will be hosted in the offices of OGR Tech.

Are you going to pay participants for their time? How much?

Yes, we are going to pay you for the first three months of the program, in particular, you will receive a grant of about €1.200/month. More details will be provided upon acceptance into the program. 

What type of support can I expect from Vento?

We will guide you in each and every phase of the program, from deepening the challenge to the ideation of the best solution and the testing and implementation. We will provide you with mentoring and workshops, frameworks, and tools that will help you throughout the journey. After three months we will consider a pre-seed investment in your idea. Moreover, we will introduce you to our network of investors and we will be happy to keep on helping you as much as we can even after the program ends.

Do you invest in the startups created in Vento?

We consider a pre-seed investment of €80.000 for a fully diluted 10% equity stake in each team after three months from the beginning of the program. 

What will the challenges be about?

The challenges will be about exploring new trends or creating new markets in several industries and fields.

Can I apply if I do not have a degree?

Yes, we encourage you to apply even if you did not attend university, we will assess applicants based on their skills and motivation, regardless of their academic record.

Where can I find your Corporate Annual Report?

You can find it here.

What kind of startups do you invest in?

We are sector agnostic, so we invest in startups from any industry, as long as they're early stage and with at least one Italian founder in the team.

Do we have to be based in Italy?

No, startups can be based anywhere in the world, but they must have at least one Italian founder.

Can I apply if I do not have a degree?

Yes, we encourage you to apply even if you did not attend university, we will assess applicants based on their skills and motivation, regardless of their academic record.

Can I apply if I already have an idea?

Yes, if you do have an idea on your mind and you think it could be interesting to share it do not hesitate to do that, but we can’t guarantee you that you will get to work on that.

Can I apply if I’m non-technical?

Yes, of course. We need diverse and heterogeneous participants, What we care most about is your motivation

Do I need a team to participate?

No, we will assess individuals so you do not need a team to apply and participate.

I'm technical, and I don’t have any business experience in starting a company, can I still apply?

Yes, of course. We value different backgrounds and we will encourage participants to form balanced teams with all the skills needed.

Do I need an idea to participate?

No, there will be several validated challenges to start from, you will have the chance to discuss them and brainstorm with all the other participants during the first weeks of the program. 

Can I apply if I already have a team?

Yes, but each one of you will have to apply individually and you will be assessed individually. This means that it might happen that one member of the team passes and the other doesn’t.

Do I have to relocate to Turin if I’m selected to participate?

Yes, the program requires full time physical presence, so it would be convenient for you to be located in Turin for the duration of the program. If you need help in finding a place to stay, reach out to us and we will support you.

Can I do the program part-time?

No, the program requires full-time presence. We will of course have a very lean and flexible approach, but we need you to be 100% committed.

Will I be able to choose my own co-founders?

Yes, you will spend a lot of time meeting and getting to know the other participants in order to find your perfect match. The Vento Team will support you throughout the process and push you to keep in mind what are the soft and hard skills you need in your team.

Will I be able to choose on which challenge I will be working?

Yes, you will be able to choose your challenge. 

Who owns the IP of what is developed?

The participants will own the IP of what they have developed. Further details of how the IP is regulated will be provided in the contract you will sign upon acceptance into the program.

Do you offer office space?

Yes, you will be hosted in the offices of OGR Tech.

Are you going to pay participants for their time? How much?

Yes, we are going to pay you for the first three months of the program, in particular, you will receive a grant of about €1.200/month. More details will be provided upon acceptance into the program. 

What type of support can I expect from Vento?

We will guide you in each and every phase of the program, from deepening the challenge to the ideation of the best solution and the testing and implementation. We will provide you with mentoring and workshops, frameworks, and tools that will help you throughout the journey. After three months we will consider a pre-seed investment in your idea. Moreover, we will introduce you to our network of investors and we will be happy to keep on helping you as much as we can even after the program ends.

Do you invest in the startups created in Vento?

We consider a pre-seed investment of €80.000 for a fully diluted 10% equity stake in each team after three months from the beginning of the program. 

What will the challenges be about?

The challenges will be about exploring new trends or creating new markets in several industries and fields.

Where can I find your Corporate Annual Report?

You can find it here.

What can I expect to happen during the calls?

During the first and second calls with Vento Investments, you will be asked to provide an overview of your startup, introduce your team, and share information about your unit economics and fundraising round. The purpose of these calls is to get to know you and your startup better and to ask any additional questions that may arise after reviewing your pitch deck and LinkedIn profile.

Who should apply?

Startups that have a strong team, operate in a large market, have a strategy for monetization, and any form of validation, are encouraged to apply.

What kind of startups do you invest in?

We are sector agnostic, so we invest in startups from any industry, as long as they're early stage and with at least one Italian founder in the team.

What do I need to apply?

You need a pitch deck and LinkedIn profiles of the founders.

Do we have to be based in Italy?

No, startups can be based anywhere in the world, but they must have at least one Italian founder.

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