Italy National Measures – Fondo Impresa Femminile

Fondo Impresa Femminile
Objective	The measure promotes and supports the initiation and strengthening of female entrepreneurship and the dissemination of the values of entrepreneurship and work among the female population.
Target	The following can benefit from the line “Incentives for the birth and development of female businesses”: – Female businesses established less than twelve months on the date of submission of the subsidy application; – Self-employed women in possession of a VAT number open for less than twelve months on the date of submission of the application for relief; – Natural persons who intend to set up a new female business. The following can benefit from the line “Incentives for the development and consolidation of female businesses”: – Female businesses established for at least twelve months on the date of submission of the subsidy application; – Self-employed women in possession of an open VAT number for at least twelve months on the date of submission of the application for relief. Female enterprise stands for: – the cooperative society and the partnership in which the number of female members represents at least 60% of the members of the shareholder structure; – A joint-stock company whose shares are owned by no less than two thirds of women and whose administrative bodies are made up of at least two thirds by women; – The sole proprietorship whose owner is a woman. Self-employed stands for: – The worker whose activity is included in the scope of article 1 of the law 22 May 2017, n. 81, including the free; – Professional registered with professional associations and the operator of one of the professions not organized in orders or colleges referred to in Article 1, paragraph 2, of the law of 14 January 2013, no. 4.
Business activities admitted	The concessions are granted for investment programs for the establishment and start-up of a new female business or for the development and consolidation of female businesses, in the following sectors: – Production of goods in the sectors of industry, crafts and processing of agricultural products; – Provision of services, in any sector; trade and tourism.
Max funded amount	For investment programs that provide for the establishment and start-up of a new female business, the eligible expenses cannot exceed € 250,000.00 net of VAT. For investment programs aimed at the development and consolidation of female businesses, eligible expenses cannot exceed € 400,000 net of VAT.
Eligible Expenses	The following investment expenses are eligible: tangible fixed assets;intangible assets,cloud services;employees. The following working capital expenses max 20% of the total expenses considered admissible are admissible, in the case of companies established for more than 36 months up to a limit of 25%: – Raw materials, ancillaries, consumables; – Ordinary services, strictly necessary for the performance of the company’s activities; – Use of third party assets, including rental costs, leasing fees; – Charges for the guarantee as specified in the relevant legislation.
Facilities	For the “Incentives for the birth and development of female businesses”, the concessions only take the form of a non-repayable grant for a maximum amount equal to: – 80% of eligible expenses and in any case up to € 50,000.00, for investment programs that provide for eligible expenses not exceeding € 100,000.00; – 50% of eligible expenses, for investment programs that provide for eligible expenses exceeding € 100,000.00 and up to € 250,000.00. For unemployed women who set up a sole proprietorship or self-employment activity, the maximum percentage of coverage of eligible expenses is raised to 90%, subject to the limit on the amount of the contribution of 50,000.00 euros. For the “Incentives for the development and consolidation of female businesses”, the concessions take the form of both a non-repayable grant and a subsidized loan and are broken down as follows: – For female businesses established no more than 36 months on the date of submission of the subsidy application, the subsidies are granted up to the coverage of 80% of eligible expenses, in equal measure in the form of a non-repayable contribution and in the form of subsidized financing; – For female businesses established for more than 36 months on the date of submission of the subsidy application, the subsidies are granted as in the previous point in relation to investment costs, while the working capital needs constituting eligible expenses are facilitated in the form of a contribution to the fund lost.
Further facilities	Technical and management assistance services are provided, up to the maximum amount of 5,000.00 euros per company, which can be used in part through services provided by the managing body, in part in the form of vouchers for the purchase of specialist services from third parties.
Managing Body	Invitalia
Deadline for submission	The terms and procedures for submitting applications will be indicated in a forthcoming ministerial provision.
Modality for submission	One stop shop. There are no calls, deadlines or rankings and funding can be requested until the available resources are exhausted.
Submission	Applications can be sent exclusively online, through the Invitalia web platform. 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 business project to be completed online and the documentation to be attached, according to the forms on the site.
Evaluation process	Applications are evaluated in chronological order of arrival within 60 days of the submission date.
Further Info	https://www.mise.gov.it/index.php/it/incentivi/impresa/fondo-a-sostegno-impresa-femminile