{"id":144326,"date":"2025-02-03T09:26:17","date_gmt":"2025-02-03T08:26:17","guid":{"rendered":"https:\/\/www.startupbusiness.it\/davide-turco-new-president-of-italian-tech-alliance\/144326\/"},"modified":"2025-02-03T09:32:26","modified_gmt":"2025-02-03T08:32:26","slug":"davide-turco-new-president-of-italian-tech-alliance","status":"publish","type":"post","link":"https:\/\/www.startupbusiness.it\/en\/davide-turco-new-president-of-italian-tech-alliance\/144326\/","title":{"rendered":"Davide Turco new president of Italian Tech Alliance"},"content":{"rendered":"\n

Davide Turco, managing director of SGR Indaco Venture Partners, is the new president of the Italian Tech Alliance, <\/strong>taking over from Giuseppe Donvito of P101, who took office in January 2023<\/a>. The announcement of the appointment comes from the General Assembly of the association that brings together start-ups, scaleups and venture capitalists, which formalised the appointment at its meeting on Friday 31 January 2025. <\/p>\n\n

Turco holds a degree in Business Economics from Bocconi University and in 2016 co-founded Indaco Venture Partners SGR, which he has led as CEO since its inception. He previously held the role of head of venture capital within the Intesa Sanpaolo group, where since 2007 he promoted the start-up of venture capital activities through the launch of several funds, and before that he worked in private equity, initially in Sige Investimenti and Mediocredito Lombardo and later as senior investment manager in Intesa Sanpaolo. He has managed several successful exits in both private equity and venture capital and is a member of the Singularity University Alumni Group in Silicon Valley. <\/p>\n\n

The shareholders’ meeting also resolved that Chiara Castelli co-founder and partner of Moonstone Venture Capital, Gianluca D’Agostino co-founder and managing partner of The Techshop, Diyala D’Aveni head of investments & venture building of Vento, the venture building programme of Exor Ventures, and Lucia Faccio partner of Sofinnova Partners, would join the board of directors representing investors.<\/strong> <\/p>\n\n

Carlo Tassi president of Italian Angel for Growth representing the business angel clubs and, for entrepreneurs, Lorenzo Danese founder and CEO of TimeFlow, Letizia Goretti CEO of Alia Therapeutics, Daniele Panfilo co-founder and CEO of Aindo, Lidia Pieri co-founder and CEO of Sibylla Biotech and Fabio Ugolini co-founder and CEO of TrueScreen <\/strong>will also join the Board. Alessio Beverina of Panakes Partners, confirmed in the role of Secretary General, and former chairmen Fausto Boni of 360 Capital, Gianluca Dettori of Primo Ventures and Giuseppe Donvito<\/strong> will also remain observers on the Board of Directors. <\/p>\n\n

“I am delighted that the end of my term of office coincides with the completion of the path that has led, also thanks to the work done in recent years by the Italian Tech Alliance together with the institutions and other players in the sector, to the approval of regulations that will further consolidate the Italian ecosystem of innovation and reduce the gap with other European countries,” outgoing president Giuseppe Donvito commented in a note. <\/strong>I am thinking in particular of the increase in tax benefits from 50% to 65%, which makes investing in start-ups more attractive, and of the greater involvement of institutional investors, with the rule that sees pension funds required to allocate a portion of their qualified investments in VC in order to benefit from the current tax incentives. There is undoubtedly still a long way to go, but the positive signs of the last few years tell us that we are undoubtedly on the right track’. <\/p>\n\n

“The challenges of this assignment will be mainly oriented towards institutional issues, for example by ensuring that the Annual Market and Competition Act 2024 is fully implemented, speeding up its timing and clarifying how it will be applied. At the European level, we will try to make our contribution to the challenge of implementing the Draghi Plan in practice, starting with the creation of a valid corporate structure in the 27 EU countries,’ says the newly appointed president, Davide Turco (pictured) <\/strong> – We will also work to achieve greater and more effective incentives for investment in start-ups and innovative companies and for the investment of such companies in research projects through tax credit interventions. We will also continue to stimulate more investment into venture capital funds through greater involvement of institutional investors. Finally, we aim to consolidate our collaboration with the other Italian and European associations active in this field, with the aim of being able to influence policy and capital raising’. <\/p>\n","protected":false},"excerpt":{"rendered":"

Indaco Venture Partners CEO takes over from Giuseppe Donvito of P101, new board members also appointed<\/p>\n","protected":false},"author":125,"featured_media":144322,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2373],"tags":[1356,1462,1137,1136,1145],"companies":[1612],"journalist":[1518],"class_list":["post-144326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ecosystem","tag-appointment","tag-association","tag-italy-en","tag-startup-en-2","tag-venture-capital-en-2","companies-italian-tech-alliance-en","journalist-editorial-staff-en"],"featured_sizes_urls":{"thumbnail":{"src":"https:\/\/www.startupbusiness.it\/wp-content\/uploads\/2025\/02\/ITA_DavideTurco_Presidente.webp","width":150,"height":150,"crop":false,"srcset":false,"alt":"nomina 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