Innovation Booster Fashion & Lifestyle
Driving sustainable radical innovation funding winning ideas
About the program
The Innovation Booster (IB) is a funding instrument that creates thematic communities to foster science-based and sustainable radical innovation through open innovation. The IB program is
promoted and financed by Innosuisse, the Swiss Innovation Agency.
The initiatives focuses on generating radical innovation aimed at the creation of novel products, services or processes that solve a problem in a new way.
To achieve this goal, the program has a three-stage process including an industry workshop, an ideas challenge stage and a test, implement and learn stage.
The community will be able to submit proposals after April 22nd, 2024 on a dedicated open innovation platform that will be published soon.
Identifying challenges
The Innovation Booster program actively identifies and addresses open innovation challenges in the Fashion & Lifestyle sector. It analyzes emerging trends and needs, focusing on generating solutions that address real-world problems and foster industry advancement.
Promoting collaborations
This program is an open innovation program with a user-centric approach, bringing together a diversified mix of stakeholders, creating bridges among business, society and local communities.
Supporting innovation
Annually, the Innovation Booster program provides crucial funding and support to up to 10 selected winning ideas presented by an innovation team. Each team receives guidance and resources to transform their radical ideas into viable, market-ready solutions, propelling them towards success.
Challenge Stage
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from January to mid-March, onboarding of the first co-investors and partners by the Leading House, Dagorà Lifestyle Innovation Hub.
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from mid-March to mid-April, identification and formalization of challenges through a workshop managed by the Alliance Member, SIP-TI-LTCC followed by in-depth idea workshops.
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on April 22nd, during the Lifestyle Innovation Day at the LAC in Lugano, the challenges registered in the Innovation Booster will be presented and the call for ideas will be officially opened.
Idea Stage
- from mid-April to June, collection of applications by Innovation Teams, composed of at least one Swiss research institute or academy and one or more companies, investors or associations.
- from June to July, evaluation of the best ideas presented to the Innovation Booster jury.
Implementing Ideas
- from August to December, funding of up to 10 winning ideas for a total of 25,000 Swiss francs for each selected idea and team. Follow-through with the test, implement and learn phase.
- Throughout 2024:
Organizing various events and training courses to stimulate idea creation and enhance collaboration.
Continuous search for new partners and co-financiers to support the federal program.
Lugano is a city at the forefront of innovation: projects and programs like this, which contribute to accelerating innovation by creating broad networks of collaboration, strengthen and support the Municipality's development strategies." He also added: "This is a further confirmation of the good work of Dagorà and SIP LTCC, which comes a month before the inauguration of the new space in downtown Lugano and consolidates, bringing their activities to national attention. I therefore thank them for their determination in promoting innovation in the lifestyle sector in Ticino.
For a company like 7FAM, based in Ticino, which makes innovation its main growth driver, participating in IB is a unique opportunity to collaborate between research institutes and companies to develop new competitive advantages in the fashion sector. 7FAM is part of a Group where innovation is in its DNA and, as a Premium Denim Fashion Brand, we consider innovation one of the pillars for future growth both in terms of product and business processes. Being part of IB, collaborating and accessing competencies rooted in the economic and technological fabric of Ticino, is a source of enormous professional stimulation, aimed at finding innovative solutions to apply to our business.
Alpha Square Invest is an investment holding born in Ticino, but operating internationally, with an investment philosophy focused on clear values: technological innovation; growth of its investments not only in a speculative key; sustainability and a strong contribution to local and international communities." Castiglione specifies that "in the context of our investments in the lifestyle sector, we have acquired a significant stake in Gas Milano 1984 where, in addition to the financial contribution, we are providing fundamental managerial know-how and a strong impetus to product and process innovation. Therefore, joining the Innovation Booster Fashion and Lifestyle seems natural to us: with our skills, we can bring a privileged vision of the dynamics of the industry and a strong contribution in terms of technological innovation and sustainability.
Program contributors
We invite potential partners and co-financiers to join our innovation journey alongside the contributors already onboard.
Your involvement can propel groundbreaking ideas into reality, shaping the future of the Fashion & Lifestyle sector.
LEADING HOUSE
Dagorà Lifestyle Innovation Hub revolutionizes the interaction between companies, promoting innovation through a vibrant C-level Community that encourages the sharing of ideas across the industries of the Lifestyle sector. Dagorà is a collaborative space where brands, technology service providers, retailers, investors and manufacturers come together to create new business opportunities. Our mission is to stimulate creativity and provide entrepreneurs and C-level managers with the necessary knowledge to develop their companies. Among our main activities are events and workshops for networking, and a coworking space in the new Dagorà Lifestyle Innovation Hub Lugano (city centre). With activities throughout Switzerland Dagorà leads the future of corporate collaboration and innovation.
The Lifestyle Tech Competence Center, one of the three competence centers officially recognized by Switzerland Innovation Park Ticino and connected to the existing one in Zurich, is a Swiss association dedicated to supporting innovative companies engaged in research and development within the Lifestyle Tech sector. This includes areas such as FoodTech, FashionTech, BeautyTech, TravelTech, DesignTech, and Smart Living, among others. The Association's primary goal is to facilitate collaboration between academic institutes and companies, fostering the exchange of technology and knowledge.
The members of the Lifestyle Tech Competence Center Association include Accenture, Antares Vision Group, Assos of Switzerland, Bally, Barilla, BertO Salotti, Città di Lugano, Dagorà Lifestyle Innovation Hub, Guess, Hyphen Group, Lavazza, Loomish, Microsoft, Moresi.com, SUPSI, UBS, USI and VF Corporation.