The Journey of SAAS and Promoest Digital Trade: Safeguarding Valuable Assets for a More Sustainable Startup Ecosystem. Pioneering Twin Transition Investments: The Exclusive Club Driving the Future of Green and Digital Transformation. Channeling New Capital into High-Potential Projects and Curating Impactful Opportunities for Growth
Protecting Precious
Assets
Twin Transition Investor Club intends to bring together private investors and institutions with Selected Start-ups in order to assure these Start-ups that their work, their commitment, their investments and their developed assets will not be wasted.
The challenge of is to ensure that all Selected Projects receive support to continue their development and that Start Uppers do not lose their investments and efforts.
To this end, SAAS will continue to lobby national and international institutions, banks, investors and other appropriate bodies in favour of the Selected projects and Club members.
Insurance policies and other similar guarantee funds shall be discussed with institutions, in order to protect Start Uppers
Channelling new
investments
The Twin Transition Investors Club organises monthly presentations and updates on the development of the selected projects with investors, in person or virtually, for the Members of all its seats. Start-Uppers of the selected projects are Members of the Club. The first four seats of the Club are: Milano, Genova, Lugano and Riyad.
Selection of Projects
Projects will be selected in a transparent manner on the basis of requirements set out in specific evaluation protocols developed by Codema Global Rating. Areas of Evaluations for the Selection of Projects, included in the protocols, are:
Environment
Social Matters
Pursuant to EU ESRS VSME criteria (voluntary sustainability standards under EU Directive CSRD)
A rating is given in the Evaluation Report, for each equirement, for each evaluation area and overall.
Selected Projects may decide, after the Selection, to apply accredited certification bodies for a formal Evaluation Certificate on the grounds of an audit.
A sustainable Start-ups scenario
If we really want to achieve concrete transitions towards a more sustainable economy, we also need to improve certain key aspects.
When Start-ups develop or experiment with tools that have remarkable social and environmental impacts, they deserve to be supported.
Leaving them without financial support after they have developed valuable assets, sometimes for years, is in itself contrary to a sustainable approach to economic development, which aims to avoid wasting resources.
A circularity should also be implemented in the Start-ups scenario, in an environment where more advanced projects support or help other less advanced projects.