Reinforcing Med Microfinance Network System for Start-ups

Italy Regional Measures – Puglia – PIA medie Imprese

pia medie imprese (MEDIUM ENTERPRISES)
ObjectiveThe measure is intended for medium-sized enterprises, which can make investments in local units located/to be located in the territory of the Puglia Region and concerning:
a. The creation of new production units;
b. The expansion of existing production units;
c. The diversification of the production of an existing plant to obtain products never previously manufactured;
d. A fundamental change in the overall production process of an existing production unit.  
TargetA medium-sized company as defined in Annex I of Regulation (EU) 651/2014 of the Commission of 17 June 2014, in ordinary accounting regime, which at the date of submission of the application has already approved at least two financial statements.a non-active medium-sized enterprise controlled by a medium-sized enterprise that has approved at least two financial statements at the date of submission of the application.other small and medium-sized enterprises, under ordinary accounting regime, in adhesion to the proposing medium-sized enterprise which assumes responsibility for the sole purpose of technical and industrial coherence; in this hypothesis, at least 2/3 of the SMEs participating in the integrated project must be active and have approved at least two financial statements on the date of presentation of the access request. Furthermore, any non-active adhering SME must be owned for at least 50% by another active SME that has already approved at least two financial statements on the date of submission of the access request.
Business initiatives admittedInvestments relating to the manufacturing activities sector referred to in section “C” of the “ATECO 2007 Classification of Economic Activities” are eligible, with the exception of the groups and classes referred to in section “C”. Investments relating to the following services referred to in the “ATECO 2007 Classification of Economic Activities” are also eligible: “52”, “58”, “59”, “61”, “62”, “63” limited to the sub-categories “63.11. 20”, “63.11.30”, “63.12.00” and “63.91.00”, “71.2”, “72”, “82” limited to the class “82.20.00 call center activities”, as well as the sub-categories:”38.22.00 Treatment and disposal of hazardous waste” limited to asbestos waste.”38.31.10 Demolition of carcasses”;”38.31.20 Shipbreaking yards”;”38.32.10 Recovery and preparation for recycling of waste and scrap metal”;”38.32.20 Recovery and preparation for recycling of plastic material for the production of plastic raw materials, synthetic resins”;”38.32.30 Recovery and preparation for recycling of urban and industrial solid waste and biomass”.
This Code is only admissible for the recycling of industrial waste and biomass”.
Business initiatives not admitted Groups and classes referred to in section “C” relating to the excluded sectors indicated below:
✓ 12.0 “Tobacco industry”;   
✓ 19 “Manufacture of coke and products deriving from petroleum refining” with the exception of 19.20.40 “Manufacture of emulsions of bitumen, tar and binders for road use”;   
✓ 20.6 “Manufacture of synthetic and artificial fibers”;
✓ 24.1 “Iron and steel industry”;
✓ 24.2 “Manufacture of pipes, ducts, hollow sections and related accessories in steel (excluding those in cast steel)”;
✓ 30.11.02 “Shipyards for metallic and non-metallic constructions (excluding seats for ships)”;
✓ 33.15 “Repair and maintenance of ships and boats (excluding engines),” limited to the “routine repair and maintenance of ships”.
Max funding amountApplications for access must concern integrated projects with a total amount of expenses and eligible costs between.     
1 million euros and 40 million euros
Eligible Expenses and facilitationsBy integrated project we mean the set of investment programs of each company; each investment program concerns an entrepreneurial initiative aimed at the production of goods and/or services for the realization of which investments in tangible assets are envisaged, which: in the case of a program proposed by the medium-sized company (both proposing and adhering), they must be compulsorily integrated with investments in research and development or they must provide for the industrialization of results deriving from research activities previously carried out and documentable through specific certification by an organization research or deriving from the exploitation of a patent. Furthermore, the program can be integrated with investments in technological innovation of processes and organisation.for any small member companies, they must necessarily be integrated with investments in research and development and/or with investments in technological innovation of processes and organization.they may also include investments for the acquisition of services. The amount of investments in Tangible Assets cannot in any case be less than 20% of the total eligible investments per company.

Intensity of benefits
  Items of ExpenditureActive Materials (% of non-refundable grant) The subsidies cannot exceed 10 million euros for the Medium enterprises and 5 million euros for small enterprises
preliminary feasibility studies within the limit of 1.5% of the total amount of eligible expenses and expenses for planning and construction supervision within the limit of 6% of the expenses for masonry and similar works35% MEDIUM ENTERPRISES 45% SMALL ENTERPRISES
purchase of company land and its development within the limit of 5% of the amount of the investment in tangible assets20% MEDIUM-SIZED ENTERPRISES (in the case of requesting bonuses, which can be combined with each other, referred to in letters a), b), c), d), f) of paragraph 3 of article 11 of the Notice, up to a maximum of 35%) 25% SMALL ENTERPRISES (in the case of requesting bonuses, which can be combined with each other, referred to in letters a), b), c), d), f) of paragraph 3 of article 11 of the Notice, up to a maximum of 45%))
  masonry and similar works20% MEDIUM-SIZED ENTERPRISES (in the case of requesting bonuses, which can be combined with each other, referred to in letters a), b), c), d), f) of paragraph 3 of article 11 of the Notice, up to a maximum of 35%)) 25% SMALL ENTERPRISES (in the case of requesting bonuses, which can be combined with each other, referred to in letters a), b), c), d), f) of paragraph 3 of article 11 of the Notice, up to a maximum of 45% %))
  masonry and similar works referring to properties declared unusable or uninhabitable and in fact not used30% MEDIUM-SIZED ENTERPRISES (in the case of requesting bonuses, which can be combined with each other, referred to in letters a), b), c), d), e), f) of paragraph 3 of article 11 of the Notice, up to a maximum of 35%) 35% SMALL ENTERPRISES (in the case of requesting bonuses, which can be combined with each other, referred to in letters a), b), c), d), e), f) of paragraph 3 of article 11 of the Notice, up to a maximum of 45%)
purchase of machinery, plants and various equipment, brand new, including those necessary for the representation activity, computer programs commensurate with production needs and management of the company.35% MEDIUM ENTERPRISES 45% SMALL ENTERPRISES
purchase of patents, licences, know-how and non-patented technical knowledge, new product technologies and production processes, for the part in which they are used for the activity carried out in the production unit involved in the program35% MEDIUM ENTERPRISES 45% SMALL ENTERPRISES
  Items of ExpenditureR&D Facilitations (% of non-refundable grant) The concessions, including any increase, for investments in research and development may not exceed, regardless of the amount of the eligible investment, the following amounts:
i. Euro 10 million (medium) and Euro 5 million (small) for industrial research activities;
ii. Euro 7.5 million (medium) and Euro 3.5 million (small) for experimental development activities;
iii. Euro 1 million (medium) and Euro 0.5 million (small) for technical feasibility studies; iv. Euro 4 million (medium) and Euro 2 million (small) for i patents.
  Industrial research60% MEDIUM-SIZED ENTERPRISES (under specific conditions, provided for in the Notice, the increase of 15% up to a maximum of 75% is permitted) 70% SMALL ENTERPRISES (under specific conditions, provided for in the Notice, the increase of 15% is permitted % up to a maximum of 80%)
  Experimental Development35% MEDIUM ENTERPRISES 45% SMALL ENTERPRISES (under specific conditions, set out in the Notice, the 15% increase is permitted)
In the context of Industrial Research and Experimental Development, investments relating to technical feasibility studies are also eligible50% MEDIUM AND SMALL ENTERPRISES
  Items of ExpenditureTechnological, process and organizational innovation Facilitations (% of non-refundable grant) Aid for technological, process and organizational innovation of SMEs cannot exceed 1 million euros per company and 7.5 million per integrated project. The limit of aid to expenses for the provision of highly qualified personnel is equal to 1 million euros per integrated project
innovation advisory services;innovation consultancy and support services;services for process and organization innovation;provision of highly qualified personnel by a research organization.50% FOR SMALL AND MEDIUM ENTERPRISES
  Items of ExpenditureConsulting services Facilitations (% of non-refundable grant) Regardless of the amount of the eligible investment, the subsidies for investments for the acquisition of services cannot exceed the following amounts:300 thousand euros for medium-sized enterprises 200 thousand euros for small enterprises and 2 million euros for an integrated project for the acquisition of consultancy services for business innovation and to improve the competitive positioning of local production systems; 100,000 euros per company for participation in trade fairs and 2 million euros for an integrated project. These thresholds are increased by 20% for companies that associate in the form of a business network and for companies that have obtained the legality rating.
EMAS certification from scratchISO 14001 certification from scratchECOLABEL certification from scratchfeasibility studies aimed at evaluating the economic advantages of the company deriving from the adoption of solutionseco-efficient technologiesSA8000 certification from scratchInternationalization programsInternational Marketing ProgramsE-BusinessParticipation in the fair

45% FOR SMALL AND MEDIUM ENTERPRISES (50% in the case of legality rating and/or membership in the business network)
Managing BodyPuglia Sviluppo 
Deadline for submissionThere are no deadlines as the measure is over the counter and funding can be requested until the available resources are exhausted.
Modality for submissionOne-stop shop
SubmissionApplications can be submitted exclusively online, through the web platform:  http://www.sistema.puglia.it/SistemaPuglia/piamedieimprese  
To submit the application it is necessary to have a SPID identity, a digital signature and a certified mail address (PEC). The application consists of the entrepreneurial project to be completed online and the documentation to be attached, according to the forms on the site.
Evaluation processApplications are evaluated in chronological order.
Further Infohttp://www.sistema.puglia.it/SistemaPuglia/piamedieimprese 
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