Fondazione Social Venture Giordano Dell’Amore

A | Impact

a|impact – Avanzi Etica SICAF EUVECA SPA is an investment vehicle that supports the development and growth of innovative SMEs and start-ups whose mission is to generate a positive social, environmental, and cultural impact on the community.

It is a company that has been authorized by the Bank of Italy and is therefore subject to the joint supervision of the Bank of Italy and Consob. Avanzi raises capital from professional investors.

Avanzi invests in:

  • Start-ups with social purpose
  • Social enterprises and cooperatives
  • B-Corp
  • Srl, SpA and start-ups


Avanzi. Sostenibilità per azioni, the majority shareholder, is a leader in Italy in research, policy advice and consultancy on social, environmental, and cultural innovation. It counts among its customers large companies, NGOs and non-profit organizations, local and national governments, foundations of banking and business origin, and the European Commission.

Etica Sgr, the asset management company of the Banca Etica Group. Started in 2000, it is currently the only Italian asset management company that sets up and manages exclusively sustainable and responsible mutual funds with the aim of representing the values of ethical finance in the financial markets.


Together with Banca Etica, Fondazione Social Venture Giordano Dell’Amore invested €500,000 in equity in Avanzi Impact.


To date, a|impact has made 2 investments in: Casa dello Studente and Healthy Aging Research Group.
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