Foundation
History
Fondazione Sviluppo e Crescita CRT, established in 2007 as an impact-oriented arm of the CRT Foundation, promotes the socio-economic development of Piedmont and Valle d’Aosta through impact investing. With a revolving fund, it supports long-term investments in the sectors of urban regeneration, innovation and start-ups, and economic and social development.
Since its establishment, the Foundation has invested around €179 million in projects that combine financial sustainability with the public good, working with public and private partners to promote inclusion and regional competitiveness.
Goals
€ 116.6 million
Urban and social regeneration
€ 32.2 million
Innovation and startups
€ 29.6 million
Economic and social development
€ 0.6 million
Other institutional initiatives
Fondazione Sviluppo e Crescita CRT
It focuses on the development and growth of the local Piedmont and Valle d’Aosta territory.
It invests long-term capital that combines financial returns with social impact, with a particular focus on sustainable and innovative development, offering financial models that create social value.
It plays a key role in creating initiatives related to megatrends with potential impact on the regional ecosystem, from the economy to less privileged citizens.
It transfers skills, develops new content and networks, increases the sustainability of projects and promotes technological and social innovation.
The key elements are the relationship with stakeholders, the assessment of the initial investment and during project development, social and economic sustainability, in the logic of impact first and the blending of profit and non-profit.
Documents
Other documents
Board of Directors
Chairman
Cristina Di Bari
Vice-Presidents
Franco Amato
Marco Casale
Board members
Luca Angelantoni
Enrico Maria Mussetto
Giuseppe Pezzetto
Annapaola Venezia
Board of Statutory Auditors
Chairman
Luca Poma
Standing auditors
Stefano Carpaneto
Gianluca Pantaleo
Alternate auditors
Umberto Bono
Martina Boggetto
Secretary-General
Massimo Bottin
What is impact investing?
- Social impact investments are made in companies, organisations and funds with the intention of generating both social and environmental impact with an economic return on investment and concretely supporting solutions to the most pressing challenges by addressing unmet social needs. The social sector needs models of innovation and entrepreneurship to find new solutions for the delivery of existing services and to develop new solutions of common interest.
- A hallmark of impact investing is the investor’s commitment to measure and report on social and environmental performance, which contributes to transparency. The aim is to harness private sector financial resources and expertise to promote (quasi-)market-based solutions to address social needs that are not met by either the state or the market. Impact investing successfully combines a number of key factors: capital, entrepreneurship, managerial and financial expertise, a focus on results, and partnerships between investors and entrepreneurs. The CRT Development and Growth Foundation invests through financial instruments and vehicles that effectively bring together the various aspects of impact investing, thereby increasing the social benefits for the people of Piedmont and the Aosta Valley.
- Impact investing successfully combines a number of key factors: capital, entrepreneurship, both management and financial expertise, a focus on results and partnership between investors and entrepreneurs.
- Fondazione Sviluppo e Crescita CRT invests through financial instruments that positively combine the different aspects of impact investing to increase social benefits for the people of Piedmont and Valle d’Aosta.
Key investments
Network
Fondazione Sviluppo e Crescita CRT is active within the main national and international philanthropic networks and works alongside key players in the social impact finance sector
