01/12/2023

Start-up Focoos AI is the overall winner of the Italian National Innovation Award 2023

I3P Startup

The young company, incubated in I3P and part of the ESA BIC Turin programme, won the ICT Award and the PNI 2023 cup. RarEarth, SpAIce and IAmGreen also won awards.

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At the end of 48 hours of presentations and pitches, the winners of the 21st edition of the PNI - Premio Nazionale per l'Innovazione (National Innovation Award), Italy's most important and widespread business plan competition, promoted by PNICube, the Italian Association of Universities, Academic Incubators and regional Start Cups, were announced on December 1st, 2023. The awards ceremony was organised this year in collaboration with the Lombardy Region and the Universities of Milan-Bicocca, Milan Polytechnic, Bocconi University and Milan State University, coordinated by the public-private ecosystem "MUSA" (Multilayered Urban Sustainability Action), with the support of PoliHub and the main partnership of the Iren Group, Nobento-iVision, Gilead and AlmavivA.

PNI is a national competition for the best innovative business projects, selected from the 16 regional competitions (Start Cups) involving 55 universities, incubators and research organisations in 17 regions of Italy. The winners were chosen from the 71 finalist start-ups by a Jury composed of representatives from the worlds of business, research and venture capital on the basis of criteria such as the value of the technological or knowledge content, technical feasibility and development potential, adequacy of the team's skills, and attractiveness to the market.

Top of the podium: Focoos AI

Winning the ICT Award - with its €25,000 cheque - and the overall victory in the National Innovation Award 2023 was the startup Focoos AI, incubated in I3P and part of the ESA BIC Turin programme, providing advanced software that automates the process of creating and training artificial vision networks optimised for any device. The innovative young company, from the Start Cup Piemonte Valle d'Aosta, had come fourth ex-aequo in the regional competition at the awards ceremony on November 9th in Turin and had thus gained access to the competition in the PNI.

The use of AI for machine vision applications on low-power devices such as satellites or drones poses considerable challenges for aerospace companies. Traditional AI models are often oversized, which means they require considerable computational resources and energy. Focoos AI provides state-of-the-art software that automatically designs and trains custom-optimised neural networks following customers' requirements for end-application, hardware and data specifications, avoiding reliance on expensive hardware, eliminating time-consuming manual tasks and minimising human error. "The technology significantly reduces power consumption," added CEO Antonio Tavera, "improves operational efficiency and enables real-time data processing on the devices themselves."

Michele Svidercoschi, Director of Communications and Institutional Relations of Almaviva, presented the award: "The recognition for the ICT category, among the many proposals of interest, rewards a project initiative that shows entrepreneurial vision, significant technological content, concreteness of objectives, attention to sustainability, and the positive impact of the solution. A project that expresses the characteristics of an innovative business culture, a vocation in which is reflected the essence of the mission of Almaviva, an Italian digital group, which supports the contribution of scientific research, and its transfer into the production fabric, as a valuable asset to fuel growth and the challenge on innovation in our country."

The special awards of PNI 2023

During the awards ceremony, numerous prizes and special mentions were also awarded to the most deserving innovative start-ups of the year, including many to projects incubated or supported by I3P:

  • Invitalia Special Award for the best start-ups in the 4 innovation sectors, won in the Cleantech & Energy category by RarEarth, by Focoos AI for the ICT category and by SpAIce for the Industrial category;

  • Green&Blue Climate Change Special Mention won by RarEarth as the best innovative and high-impact solution addressing climate change. The Prize - across all PNI categories - is awarded by Repubblica Green&Blue;

  • SearchOn We Make Future Special Award offers the selected start-ups, including Focoos AI, an exhibition space at the WMF 2024 fair in the Startup District and participation in the B2B meeting area with investors from 49 countries;

  • SearchOn AI For Future Special Award for the best start-up that applied AI for quality of life: Focoos AI wins an exhibition space at the AI Festival to be held in Milan in February 2024;

  • Encubator Special Mention awarded to RarEarth and IAmGreen provides direct access to the semifinal stage of the 2023 edition of Encubator, an acceleration programme promoted by the Milan Monza Brianza Lodi Chamber of Commerce, PoliHub and Politecnico di Milano aimed at technological projects in the field of sustainability and Climate Tech;

  • MUSA Special Prize 'Urban regeneration - City of tomorrow' of €15,000 awarded to IAmGreen for best responding to the main challenges related to urban and sustainable development of cities, improving quality of life and mobility, with the aim of making our urban spaces more sustainable, efficient, digitised and inclusive.

The Italian network of innovation

Giuseppe Scellato, President of I3P, commented: "We are very proud of the great success achieved by Focoos AI and the other Piedmontese companies that have won important awards. These results testify to our ability to develop highly innovative solutions, products and services. We congratulate all the entrepreneurs and thank all our institutional and private partners who work together to promote and develop the ecosystem of innovative entrepreneurship, especially the Piedmont Region."

"I am extremely proud," commented Professor Paola Paniccia, President of PNICube and Delegate for Business Development, Start-ups and Spin-offs for the University of Rome 'Tor Vergata', "of this 'two-day event' that recounted an Italy that innovates, that makes a difference, that can bring about the change we all urgently need. Once again, thanks to the enthusiasm and energy of our young talents, we saw the mission of PNICube come to fruition: to give light and shape to the best innovative start-up projects born from research within the universities and research organisations of the network that I have the privilege of leading."

"The 2023 edition of the PNI is a crucial moment to strengthen the collaboration between academia, the private sector and the community, promoting solutions that concretely improve people's lives," emphasised Giovanna Iannantuoni, President of Musa and newly elected President of CRUI. "Our collaboration with the Lombardy Region and PNICube in the National Innovation Award 2023 aims to reward excellence in research and innovation with a strong social impact. Participation reaffirms MUSA's commitment to a sustainable and inclusive future, emphasising the importance of technological innovation that is responsible and contributes to reducing inequalities and imbalances."


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