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Rcs and Digital Magics, the new Rcs Nest startup incubator is born

Rcs Mediagroup bets on young Italian talents by launching an incubator for new start-ups in the media sector with Digital Magics, which will be hosted in the headquarters of the publishing group in via Rizzoli.

Rcs and Digital Magics, the new Rcs Nest startup incubator is born

Rcs Mediagroup bets on young Italian talents by launching an incubator for new start-ups in the media sector with Digital Magics, which will be hosted in the headquarters of the publishing group in via Rizzoli. 

The new incubator, RCS Nest, will have as its purpose the selection, support and creation of entrepreneurial activities - between 15 and 20 by 2015 - to which the RCS group and Digital Magics will provide strategic, logistical, technological and marketing means and services , together with support in the field of business management. Among other things, it is envisaged that RCS may subsequently become the majority shareholder of companies judged to be promising and consistent with the group's business.

"As the name of the initiative itself says, our goal is to create a nest for young Italian talents where they can develop ideas on the publishing sector of the future", said CEO Pietro Scott Jovane who underlined how the model of "bringing you home something different from you to keep questioning and confronting yourself” is widespread abroad, much less in Italy.

The maximum ceiling that RCS has established to invest for the individual initiatives selected is 500.000 euros. The project envisages a total investment of 5-10 million which falls within the 160 million investment - mostly destined for digital technology - envisaged in the Development plan.

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