Italian Parliament Debates Cultural Startup Law at ArtLab16

On September 30, 2016, during ArtLab16 organized by the Fondazione Fitzcarraldo in Mantua, a meeting with the Italian Chamber of Deputies' Culture Commission discussed a proposed law on cultural startups. The bill aims to promote youth entrepreneurship in the cultural sector and protect cultural heritage, but critics argue its narrow focus on innovative startups—limited to corporations with technological innovation—excludes essential associations and foundations. Key issues include the lack of a legal definition for cultural and creative industries, difficulties in copyright protection, and financing challenges due to intangible assets and weak financial skills. The European Council's 2015-2018 work plan for culture emphasizes tailored financial instruments like public-private funds, crowdfunding, and sponsorships. On June 30, 2016, the European Commission allocated €121 million under Creative Europe (2014-2020) for a guarantee fund for cultural and creative sectors, requiring financial intermediaries to apply. The article suggests creating a dedicated 'srl culturale' (cultural limited company) with specific regulations and incentives. The Culture Commission is praised for its democratic approach but the road ahead remains long.