Incentives

An incentive is a key: a tiny object with astonishing power to change a situation
All incentives

Development contracts

MD 9 December 2014
Development Contracts provide incentives toward major investments in the industrial (including business that process and sell agricultural products), tourism and of environmental protection, including R&D and innovation.
Development contracts

Beneficiaries

Italian and foreign large, medium and small enterprises

Incentives

The incentive includes the following financial benefits (also delivered in combination):
subsidised financing / interest-rate subsidy / non-repayable grant towards facilities / non-repayable grant toward expenses

Amount

The amount depends on the type of project (investment or research; development or innovation), on the location of the initiative, and on the size of the company. The incentives are different for projects with environmental aims

Conditions

The total minimum investment required is €20 million, exclusive of infrastructure expenses. For businesses that process and sell agricultural products, this is reduced to €7.5 million

The investment program shall conclude within a maximum period of 48 months from the approval date of the request for financing

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Info

Applications for grants can be made according to the procedures and through forms downloaded from the Invitalia website.

Info http://www.invitalia.it/site/new/home/cosa-facciamo/sosteniamo-grandi-investimenti/contratto-di-sviluppo.html

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