Managed by 3 partners (Fabrizio Capobianco – Funambol, Matteo D’Aste – BAIA and myself), the idea is to offer a physical (and mental!) space in the heart of Silicon Valley to Italian startups with high growth potential.
We decided to host it within the Plug & Play tech center, one of the most established incubators in the valley with over 200 startups from multiple countries. They provide the physical space and visibility with investors, we provide hands-on services such as mentoring, regular business plan reviews and an opening to our personal networks to maximize the startup chances of success.
Today the GYM is a project under the umbrella of the Mind the Bridge foundation.
The first startups hosted in our offices in Redwood City are The Reliables and Eris 4, both finalists of the 08/09 business plan competition.
We are evaluating possible candidates on a regular basis but the bar to be invited is pretty high.
Here’s a post and video from Fabrizio’s blog (Silicon Valley Italia, in Italian).