(Alliance News) - Leonardo Spa announced Tuesday that it has launched together with LVenture Group Spa the second edition of the Business Innovation Factory, the startup accelerator that, after the success of the first edition, has distinguished itself within the Italian innovation ecosystem as a center of excellence for the development of high-potential technology solutions.

Accelerating startups will also have the opportunity to demonstrate and validate the technology solution on Leonardo's specific use cases by designing and developing a Proof of Concept directly with Leonardo's business units.

The acceleration program for selected startups will last six months.

In 2023, startups are expected to propose innovative solutions in the areas of simulation and gamification and networking & cybersecurity.

Leonardo trades in the green by 3.9 percent at EUR4.96 per share, while LVenture is flat at EUR0.34 per share.

By Claudia Cavaliere, Alliance News reporter

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