On February 5th 1997, due to its acquired status and international weight, the "Biella Master" established the foundation "Biella Master delle Fibre Nobili", aimed at integrating the undergraduate course of study inside "Cittą degli Studi" (Biella). Chairman is Mr. Luciano Barbera; other members of the Board are:
| Luca
Alvigini - Vice President |
Federico
Gabbi |
Giada
Allocca |
Leonardo
Rogna |
| Alfredo
Botto Poala |
Luisa
Selva |
| Federico
Buratti |
Luca
Trevisan |
| Cecilia
Cerra |
Marinella
Uberti - Treasurer |
| Pier
Francesco Corcione |
Pier
Carlo Zedda |
| Alberto
Frignani |

The Chairman Luciano Barbera
Mr. Giovanni Schiapparelli is the students' Tutor during their training and he is also the Technical Coordinator of the Foundation.
Every year the announcement of the "Biella Master" admission test is sent to Italian Universities while advertisements are run in the most important national newspapers, to reach other possible candidates.
After a very vigorous selection, a restricted number of graduates are admitted to the preliminary course, lasting three weeks. It is a sort of "full immersion" during which the students will meet entrepreneurs and managers of the firms supporting the "Biella Master', and undergo tests in preparation for the final interview that will decide their admission to the Master.