Amazon Business is an innovative purchasing solution that serves millions of customers worldwide, from small and medium-sized businesses to large global corporations, including schools, hospitals, non-profit organizations and government agencies. Its mission is to redefine business purchasing processes, offering significant cost and time savings, increasing productivity and providing insightful purchasing analytics.
With its international presence in key markets such as Germany, the United Kingdom, France, Italy, and Spain, Amazon Business offers solutions tailored to local needs while maintaining a global perspective, helping procurement managers achieve strategic goals and supporting the digital transformation efforts of millions of corporate clients in the world.
In line with its vision of promoting innovation and sustainable growth, the Innovative Companies Incubator of Politecnico di Torino (I3P) recently entered into a new strategic partnership with Amazon Business. This collaboration aims to revolutionize the expense management not only of I3P but also of incubated start-ups, optimizing their procurement processes and making them more efficient and sustainable.
The Amazon Business solutions for I3P start-ups
The integration with Amazon Business and the access to the Associated Accounts Program (AAP) offer every start-up incubated in I3P the opportunity to independently manage their business expenses, benefiting from a simple, intuitive and profitable system.
Amazon Business' AAP represents a breakthrough for incubated start-ups: it allows them to create an independent Amazon Business account, with separate billing on their IVA (VAT) number, thus ensuring full financial autonomy. But the benefits do not stop there: young companies have access to exclusive discounts on Business Prime and a competitively priced product catalog. This results in a significant reduction in operating costs and optimization of resources, allowing start-ups to purchase IT supplies, stationery, office equipment and other materials essential to their development, all without compromising quality.
One particularly innovative aspect is the line of credit offered by Amazon Business. This flexible financial instrument allows companies to defer payments on a monthly basis, greatly improving cash flow and liquidity management, critical elements in the early stages of a start-up's life.
The collaboration with Amazon Business has already led to a tangible improvement in the expense management of both I3P and some first incubated start-ups: it has drastically reduced the time and resources devoted to sourcing suppliers and materials, allowing start-ups to focus on what really matters: developing the idea and product and consolidating their position in the market.
A valuable opportunity for the innovation ecosystem
By providing young companies with the tools for effective financial management at an early stage, I3P further strengthens its role as a catalyst for innovation in the Italian entrepreneurial ecosystem.
This strategic collaboration between I3P and Amazon Business not only streamlines the day-to-day operations of start-ups, but also lays the foundation for sustainable and scalable growth, representing a model of collaboration between incubators and business services that could redefine the landscape of start-up support in Italy and beyond.
“We are delighted with this new partnership with Amazon Business, a collaboration that represents an important step in our strategy of innovation and support for start-ups,” commented Luca Toma, Business Consultant & Acceleration Program Project Manager at I3P. “Thanks to this synergy, I3P will be able to optimize the management of its internal processes and, at the same time, offer young incubated companies an effective tool to simplify procurement and accelerate their growth. This partnership reflects a shared commitment to innovative solutions capable of creating value and promoting the development of a cutting-edge entrepreneurial ecosystem.”
To make use of the agreement with Amazon Business, start-ups incubated and pre-incubated in I3P can request an access code from their tutor of reference, which must then be entered and activated on the dedicated website.