Milan, unveiled the Bicocca Pavilion, a new hub for innovation and research
A collaboration between the University of Milan-Bicocca, BiM and Cariplo Factory has resulted in a state-of-the-art space that promotes business, innovation and research. It will be ready by 2025
4' min read
Key points
4' min read
A place dedicated to innovation and the enhancement of research is born in Milan: the Bicocca Pavilion, a futuristic multifunctional space that will connect the excellence of the University of Milan-Bicocca with the business world. Realised by the University together with BiM - where Bicocca Incontra Milano, the great urban regeneration project in the heart of Bicocca, is located - Bicocca Pavilion promotes an ecosystem of innovation, based on public-private collaboration and aimed at developing ideas, projects, start-ups and new businesses that can have a positive impact on society.
In particular, with the support of Cariplo Factory, a unique structure has been designed to bring together the best expertise in both the social sciences and deep tech fields. This distinctive feature will enable the development of 'responsible innovation' projects that will originate from the connection between the business world - starting with those in BiM and in the Bicocca district -, the university world and civil society actors that will be involved through specific activities that will take place in the Pavilion Agora.
The venture building
.Open innovation projects and the creation of new high-growth-potential companies through venture building methodology will be developed within Bicocca Pavilion. What is it all about? Unlike traditional processes, where start-ups are born from the original idea of the founders who then seek feedback from the market, in venture building we start with a methodological and accurate analysis of the market and its trends. The business model is then set up, the most appropriate team is built and finally capital is raised. It is a less visionary but concrete and analytical approach that considerably increases the likelihood of success.
Starting from the reconnaissance and identification of a market need, the different types of actors involved in the Bicocca Pavilion ecosystem will have the opportunity to create from scratch a start-up to be launched on the market, activating and exploiting in a privileged way the unique assets of the University of Milan-Bicocca such as the competences in the field of applied and translational research, the patent portfolio, the instruments, the laboratories and the access to the community of talents (students, researchers, data analysts, etc.) that make it up.
The Pavillon
.The building will be located in the new green square of BiM - where Bicocca Incontra Milano, the large urban regeneration project in the heart of Bicocca, promoted by Aermont Capital, a pan-European asset management company with a focus on real estate, and Kervis Sgr, a company dedicated to the management of funds reserved for leading international institutional investors, together with Mtdm (Manifattura Tabacchi development management as project manager and placemaking). Huawei Technologies Italia srl, Istituto Auxologico Italiano, Thales Alenia Space, Viatris, TMC Italia SpA (The Member Company), DLL and Sertori have expressed their interest in the project. The building will be inaugurated in early 2025.
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