ITALY
In Italy, Invitalia is the National development agency that manages all the national incentives that favor the creation of new businesses and innovative startups. Together with the National Microcredit Agency, it supports initiatives aimed at promoting the development of micro-entrepreneurship and self-employment, as well as the fight against poverty and the financial inclusion of those social categories defined as “non-bankable”. These two bodies manage and promote a range of national and local measures dedicated to the creation, development and investment of enterprises, with a special attention to youth, southern territories and digital and sustainable businesses. Yes I Start up, combined with SELFIEmployment, has been recognized by the European Commission as an Italian good practice to help vulnerable groups to create new businesses. Yes I Start Up was replicated as a provincial measure, Yes I Start Up Calabria, which Italy is bringing as a good practice to be shown to the partners, as it deserves a relevant highlight.
| ITALY | |||||||||||||
| NAME | Nuovo SELFIEmployment | Resto al Sud | Smart&Start | Cultura Crea 2.0 | Oltre Nuove Imprese a Tasso Zero | Italia Economia Sociale | Fondo Impresa Femminile | Microcredito Imprenditoriale | YES I START UP CALABRIA | CLUSTER SICILIA | CONNESSIONI | FAINSICILIA | RIPRESA IN SICILIA |
| NATIONAL MEASURE | X | X | X | X | |||||||||
| LOCAL MEASURE | X | X | X | X | X | X | X | X | X | ||||
| FINANCED ACTIVITY | Creation and strengthening of existing businesses + investments | Creation and strengthening of existing businesses + investments | Strengthening of existing businesses | Strengthening of existing businesses | Creation and strengthening of existing businesses + investments | Creation and strengthening of existing businesses + training | Creation and strengthening of existing businesses + training | Creation and strengthening of existing businesses + investments | Creation and strengthening of existing businesses + investments | supports tangible and intangible investments for the benefit of the productive fabric of the individual districts, encouraging the development of specialization hubs and supporting business aggregation processes. | Facilitate the meeting between innovation supply and demand, stimulate the adoption of advanced technologies, with particular regard to micro-entrepreneurship, promote innovative entrepreneurship, create or develop generative innovation places, production and work places, which must bring the enterprise and the young creative, start-up, possible coworking and fab lab. aggregation processes. | Support the creation of new businesses, allow the emergence of a new generation of entrepreneurs, especially young people, encourage the birth of innovative start-ups, promote forms of self-employment. The maximum investment is set at €300,000 Next publication | Strengthen the competitiveness of the Sicilian entrepreneurial system and stimulate the repositioning of traditional sectors through the implementation of investments aimed at supporting growth and innovation, promoting processes of technology transfer and reconversion and redevelopment of production sites The budget is 36 million euros -16 million euros from FSC 2021/2027 -20 million euros from the POC 2014/2020 |
| TYPE OF FINANCING | Microcredit and small loans with zero interest rate | Non repayable grants and interest-free loans | A zero-interest loan is provided without any guarantee for 80% of eligible expenses. | A subsidized interest-free loan up to 40% of the admitted expenditure – a non-repayable grant up to 40% of the admitted expenditure | The concessions provide for a mix of zero-interest financing and non-repayable grants for business projects with costs of up to 3 million euros, which can cover up to 90% of total eligible expenses. | subsidized loan at a rate of 0.5% per annum and with a maximum duration of 15 years, granted by the Ministry of Economic Development, drawn from the resources of Cassa Depositi e Prestiti, which must necessarily be combined with a bank loan equal to 30% of the total loan granted by the lending bank identified among those accredited; | Microloan (repayment up to 2 years, zero interest rate) | Microloan | Microloan | non-repayable grant | Non-repayable contribution of eligible expenses, up to a maximum of 50%. | The spending program is facilitated to a maximum of 75% with: – a zero-interest loan – a non-refundable grant | |
| ACTIVATION | One-stop shop | One-stop shop | One-stop shop | One-stop shop | One-stop shop | one-stop shop | One-stop shop | One-stop shop | One stop shop | One stop shop | One stop shop | One stop shop | |
| FINANCEABLE AMOUNT | 5,000euros – 50,000euros | 50,000 euros | € 100,000.00 and € 1,500,000.00. | Create your business ● Spending programs up to 400,000 euros Develop your business ● Spending programs up to 500,000 euros Your non-profit enterprise ● Spending programs up to 400,000 euros | 1,5 million euros | 1,000 – 25,000 euros | 10,000 euros | 25,000 euros | The total eligible cost of the spending program must not be less than €200,000.00 and more than €1,800,000.00 | Spending programs of no less than 100,000 euros and no more than 800,000 euros are eligible The spending programs concern: – The creation of a new initiative; – The extension, development and improvement of an existing initiative; The spending program may have a sectoral focus, as long as it is consistent with Strategy S3. | – Property renovations (30% limit) – Purchase of plant, machinery, equipment – software, know-how – Specialist training (10% limit) – Design costs | Expenditure programs of no less than 500,000 euros and no more than 5 million euros are eligible for the implementation of business projects integrated with research and development projects, in support of the industrialization of research results, for new technologies or innovative solutions in processes, products/services and organization | |
| TYPE OF SOCIAL STRUCTURE | NEET, long-term unemployed, inactive women | Individuals aged between 18 and 55 (56 not completed) who: • Are resident in Abruzzo, Basilicata, Calabria, Campania, Molise, Puglia, Sardinia, Sicily, in the 116 Municipalities included in the seismic crater area of Central Italy | The requirements that qualify a company as an “innovative startup” are indicated in art. 25 of the D.L. 179/2012. | Businesses and non-profit initiatives in the tourism-cultural sector. The loans are active in the regions of Basilicata, Calabria, Campania, Puglia and Sicily. | Eligible companies must: have a social structure made up of at least 51% of young people under 35 and women of all ages. | social enterprises of which legislative decree D.Lgs. n. 112 of 03/07/2017 established in the form of a company; social cooperatives (Law no. 381 of 08/11/1991 and subsequent amendments) and related consortia; cooperative companies with the status of ONLUS (Legislative Decree No. 460 of 04/12/1997 and subsequent amendments and additions). | The consortia/consortium companies/cooperatives/business networks already established or newly established at the date of submission of the application, representing the productive district The consortium/consortium company/cooperative/enterprise network, of each district, must be participated for at least 30% by the enterprises adhering to the District Development Pact. | Small and medium enterprises, with experience and expertise in the management of places for innovation (accelerators, hubs, incubators, ….) The consortium/consortium company/cooperative/enterprise network, of each district, must be participated for at least 30% by the enterprises adhering to the District Development Pact. | Anyone who intends to start a new business and has not yet set up the business; – companies established for less than 36 months. | Small and medium enterprises a) individually (proposing company) b) with the adhesion of other small and medium-sized enterprises (proposing enterprise with adhering enterprises) – in this case the maximum number of adhering enterprises is 3 | |||
| TYPE OF SUPPORT | Financial support + accompaniment/training | Financial support | Financial support | Financial support | Financial support | Financial support + accompaniment/training | Financial support + accompaniment/training | Financial support | Financial support | Financial support | Financial support | ||
| FINANCED INITIATIVES OVER THE LAST 3 Y | 45 | 260 | none |
