“Curti Costruzioni Meccaniche Spa” in Castel Bolognese is the “professional” prestige investor who puts the seal on the equity crowd funding operation organised by StarsUp for Nova Somor. The news had leaked on December 20th in Lugo di Romagna during the event “Financing innovation with banks and beyond” organised by the business accelerator LugoNextLab Srl, during which Alessandro Curti, patron of the group, expressed his appreciation for the project, emphasizing how mature businesses can and should play a role in boosting the birth and development of innovation resulting from Italian talent.

Previously Alessandro Di Maiuta, owner of Plast Project, had underwritten 95% of the capital provided. His skills as an entrepreneur in the field of irrigation and spraying will certainly give a major contribution to the development of Nova Somor. The completion of the 250 thousand euro equity crowd funding campaign which ended on December 31st, just 50 days after its launch, is a very good result. In addition there was also a decent “over funding”; i.e. a dozen people who failed to invest as they would have liked, which is a credit to the Project.

Carlo Piras, the person responsible for PR with investors in StarsUp, comments, “every day we learn more about the needs of users and we believe that with a few regulatory adjustments ECF could soon get up to speed thereby becoming a useful instrument of economic policy for the country . We think that large Italian companies are approaching this instrument with increasing interest and conviction, and this is very important because not only does it bring the provision of capital, but also managerial experience and relationship networks which are fundamental elements for new start-ups”.

Giordano Mancini of Nova Somor declared:

“We have planned since the beginning of our start-up to use the tool of equity crowd funding, as we consider it akin to our way of business thinking. Today we are happy to be able to communicate the positive closing of our operation with StarsUp, hoping it will serve as an example and an encouragement to using the ECF instrument by other Italian start-up companies”.