AssoNEXT
AssoNEXT is a Milan-based non-profit trade association representing over 100 Italian listed SMEs on Euronext Growth Milan and approximately 40 market professional firms, delivering institutional advocacy, regulatory training, technical committees, and networking events funded through membership fees.
- Company typePrivate
- Founded-
- HeadquartersMilan, Italy
- Headcount11–50
- GTM typeB2B
- OfferingServices
What AssoNEXT does
AssoNEXT — Associazione Italiana delle PMI Quotate is a private non-profit trade association founded in 2018 and headquartered in Milan (Viale Majno 17/A), serving as the reference body for Italian small and medium enterprises (PMI) listed on Euronext Growth Milan (EGM) and regulated markets. Its membership comprises over 100 listed SMEs as full voting members (Associati) and approximately 40 market professional firms — including investment banks, law firms, advisory firms, and financial institutions (Aderenti) — such as Intermonte, Grimaldi Alliance, Chiomenti, KPMG, Gianni & Origoni, and EnVent. The association delivers three core service pillars: (1) Rappresentanza — institutional advocacy before legislators, CONSOB, Borsa Italiana/Euronext, and European institutions via EuropeanIssuers membership; (2) Supporto — training programs (notably the 'Percorso Formativo per le PMI' in partnership with Academy Euronext), regulatory updates, and four technical committees covering ESG/Sustainability, Financial Communication, Regulation Comparison & Corporate Governance, and Buy Side & Investment Incentives; (3) Promozione — community-building through Magazine AssoNEXT, conferences, networking events, and the annual AssoNEXT Awards ceremony held at Palazzo Mezzanotte.
The business model is membership-fee-driven, with Associati and Aderenti joining through an application process approved by the Board of Directors. Specific fee tiers and amounts are not publicly disclosed; participation in training is free for one representative per member company, with additional representatives receiving a 20% discount on selected Academy Euronext catalogue courses. The association is governed by a 15-member Board of Directors (elected for the 2024-2026 term with Giovanni Natali as President), a Scientific Committee chaired by Prof. Mario Notari (Università Bocconi), and Technical Committees, and is audited by BDO. No proprietary technology platform or AI/ML capability is offered — services are delivered through a members-only portal (Area Riservata), in-person events, and direct institutional engagement.
AssoNEXT firmographics
Firmographics- Name
- AssoNEXT
- Legal name
- AssoNEXT – Associazione Italiana delle PMI Quotate
- Website
- https://assonext.it
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- AssoNEXT is a Milan-based non-profit trade association representing over 100 Italian listed SMEs on Euronext Growth Milan and approximately 40 market professional firms, delivering institutional advocacy, regulatory training, technical committees, and networking events funded through membership fees.
- Ownership category
- akta.pro rank
Where AssoNEXT is headquartered
LocationHeadquarters
- HQ city
- Milan
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
AssoNEXT business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Membership fees: AssoNEXT sustains its operations through membership contributions from listed SMEs (Associati) and market professionals (Aderenti). Member companies pay fees that fund the association's activities of representation, training, networking, and market development. Specific fee tiers or amounts are not publicly disclosed.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Free membership for one representative per member company |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
AssoNEXT product offering
Product offeringCore offering
AssoNEXT (Associazione Italiana delle PMI Quotate) is a Milan-based, non-profit trade association founded in 2018 that represents Italian small and medium-sized enterprises listed on Euronext Growth Milan. The association provides collective representation before regulators and market institutions, training and corporate-governance education, networking and promotional support, and dedicated services to its roughly 100 listed SME members and around 40 market professionals.
Product overview
AssoNEXT is a professional association for Italian Listed SMEs (PMI Quotate) operating on Euronext Growth Milan and regulated markets. The organization offers a unified portfolio of services including representation/advocacy, professional training programs (Percorso Formativo per le PMI in partnership with Academy Euronext), publishing (AssoNEXT Magazine), and event management. Technical support is provided through four specialized committees covering ESG/Sustainability, Financial Communication, Regulations & Corporate Governance, and Buy Side & Investment Incentives. The association also organizes the annual AssoNEXT Awards to recognize excellence among listed SMEs.
Differentiator
Problem solved
Functional benefit
Products and services
- Membership for Listed SMEs (PMI Quotate) Membership category reserved for small and medium-sized enterprises listed on Euronext Growth Milan, granting access to representation, training, networking and promotional services provided by AssoNEXT. The association has approximately 100 listed SME members.
- Membership for Market Professionals Membership category aimed at capital-markets professionals (advisors, legal/financial intermediaries, sponsors) that support listed SMEs. Approximately 40 professionals are members.
- Institutional Representation and Advocacy Collective representation of member listed SMEs before regulators, market institutions, Borsa Italiana/Euronext and other stakeholders on regulatory and market-structure matters.
- Training and Corporate Governance Education Educational programs and corporate-governance training delivered to listed SMEs and market professionals, including input from the association's Scientific Committee.
Quantifiable outcome
- Listed SMEs on EGM reported cumulative turnover exceeding €10 billion, with EBITDA margins of 10–30% and over 34,000 employees (as of September 2024).
- +1 more outcomes
Companies that use AssoNEXT
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
AssoNEXT technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AssoNEXT partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered minor and core.
- BDOminorAssoNEXT voluntarily submits its financial statements for audit. BDO serves as the statutory auditor for the association for the three-year period 2024-2026.
- AssonimecoreAssoNEXT and Assonime established a joint working group to develop shared guidelines on the content and methodology for sustainability reporting (ESG), supporting companies in the Euronext Growth Milan market in the reporting process and developing shared best practices.
- Academy EuronextcoreAssoNEXT formalised a partnership with Academy Euronext to provide training dedicated to member companies (Soci). The 'Percorso formativo per le PMI' (Training Pathway for SMEs) was created to deepen understanding of regulatory frameworks for capital markets and provide opportunities for peer-to-peer dialogue between members and EGM ecosystem professionals. Participation is free for one representative per member.
- EuropeanIssuerscoreAssoNEXT is a member of EuropeanIssuers, a pan-European organisation representing the interests of listed companies across Europe at EU institutions. This membership extends AssoNEXT's advocacy reach beyond Italy to the European regulatory level.
- Osservatorio PMI®minorAssoNEXT is a Partner of Osservatorio PMI®, a financial research centre dedicated to Euronext Growth Milan. The partnership supports research, market visibility, and data-driven insights for listed SMEs.
Scale indicators3 records
Recent moves3 records
Expansion highlights5 records
AssoNEXT competitors and assessment
Company assessmentDirect peers
- Assonime: Italian association of listed joint-stock companies, historically focused on mid- and large-cap issuers. Direct partner via the joint ESG working group; comparable in that both serve Italian listed corporates with advocacy, technical guidance and regulatory representation, but Assonime covers the full size spectrum whereas AssoNEXT is SME-only.
- Deutsches Aktieninstitut: German issuer association representing listed companies in Germany. Operates in a different market but the mandate (representation of listed companies, ESG/governance policy work) and member-funded association model overlap closely with AssoNEXT.
- EuropeanIssuers: Pan-European federation of national associations representing listed companies at EU institutions. AssoNEXT is itself a member, and the organisations share the same constituency (listed issuers) and remit (advocacy on EU capital-markets regulation). It is the most comparable peer because it is functionally the supranational layer of the same mission.
- Quoted Companies Alliance (QCA): UK independent membership body representing small and mid-cap quoted companies. Same business model (membership association for listed SMEs), same core services (corporate-governance guidance, regulatory advocacy, training) but operating in the UK market — closest geographic-functional analogue.
Broad incumbents
- Assogestioni: Italian association of asset-management, investment-management and private-equity operators. Different constituency (buy-side rather than issuers), but parallel Italian seat in capital-markets policy discussions and occasional co-issuance of market development initiatives with AssoNEXT.
- AFME (Association for Financial Markets in Europe): Pan-European trade association for global and European wholesale financial market participants (banks, brokers, investors). Wider remit and constituency, but also active on EU capital-markets regulation and Listing Act policy — a broader peer with overlapping advocacy agenda.
Others
- Borsa Italiana (Euronext Milan): Market operator of EGM and Euronext Milan. Not an association but the venue on which AssoNEXT's members list — comparable in scope (SME capital markets in Italy) although structurally different (for-profit market operator vs member-funded advocacy body).
Regional players
- MIDFINANCE: French professional association serving the financing of small and mid-cap companies. Same target audience (SMEs accessing capital markets) and same advocacy/training approach, but operating in France rather than Italy — useful cross-border comparator for AssoNEXT's niche.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
AssoNEXT social profiles
Digital presenceAssoNEXT compliance and trust
Trust signalCompliance2 records
AssoNEXT financial estimates
Financial estimateRevenue estimate
Valuation estimate
AssoNEXT leadership team
Management profileNumber of profiles
Profiles5 records
AssoNEXT funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AssoNEXT M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AssoNEXT
What does AssoNEXT do?
AssoNEXT (Associazione Italiana delle PMI Quotate) is a Milan-based, non-profit trade association founded in 2018 that represents Italian small and medium-sized enterprises listed on Euronext Growth Milan. The association provides collective representation before regulators and market institutions, training and corporate-governance education, networking and promotional support, and dedicated services to its roughly 100 listed SME members and around 40 market professionals.
Is AssoNEXT a public or private company?
AssoNEXT is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was AssoNEXT founded?
AssoNEXT was founded in -1. It employs 11 to 50 people.
Where is AssoNEXT based?
AssoNEXT is headquartered in Milan, Italy, in the Europe region.
How does AssoNEXT make money?
One revenue line is on record: membership fees.
Who are AssoNEXT's main competitors?
Direct peers on record are Assonime, Deutsches Aktieninstitut, EuropeanIssuers and Quoted Companies Alliance (QCA). Broad incumbents are Assogestioni and AFME (Association for Financial Markets in Europe). Borsa Italiana (Euronext Milan) is listed as an others. MIDFINANCE is listed as a regional player.
Does AssoNEXT have an API?
No public API is recorded for AssoNEXT.