First start up growth announcement – ​​2024 – Piedmont Region

August 9, 2024

FORM FACILITATION

Contribution/Repayable fund

REGIONS

Piedmont

SECTOR

Agri-food, Other services, Motor vehicles and other means of transport, Chemicals and Pharmaceuticals, Construction, Electronics, Energy supply, Water and waste management, ICT, Mechanics, Metallurgy, Fashion and Textiles, Health

ALLOWED EXPENSE

0 €

INCENTIVE STATUS

ACTIVE

OPENING DATE

CLOSING DATE

October 10, 2024
February 28, 2025

NOTES

The closing date of the tender may be brought forward if available resources are exhausted.
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Things

The Call intends to support entrepreneurial development projects carried out by innovative start-ups with a high knowledge content, which are already present in Piedmont or which want to settle in the region and which are in the validation phase of the business project and initial growth. The benefit consists of a non-repayable contribution of between 50% and 70% of the eligible expenses. The projects must have a maximum duration of 18 months and may include (in this case with an increased contribution of 10% compared to the minimum threshold of 50%) a capital contribution from external investors. A contribution bonus (equal to 10%) is foreseen for start-ups that decide to settle in Piedmont for the first time. 

Who is it aimed at?

Innovative start-ups registered in the special section of the Business Register for no more than 30 months starting from 12/21/2023 

What does it predict

Non-repayable contribution between 50% and 70% of the eligible expenses relating to a business plan of an amount between 100,000 and 300,000 euros 

Objective – Purpose

Start up/Business development

Form – Facilitation

Contribution/Repayable fund

Maximum Allowable Expenditure

300000 €

Allowed Costs

Personnel costs, Raw materials, consumables and goods, Services, patents and licenses, Plant/Machinery/Equipment, Buildings and land, General expenses/other charges

Minimum concession that can be granted

75000 €

Maximum grantable benefit

210000 €
Subject type
Enterprise - Innovative SU/SME

Dimension

Microenterprise, Small Business

Activity sector

Agri-food, Other services, Motor vehicles and other means of transport, Chemicals and Pharmaceuticals, Construction, Electronics, Energy supply, Water and waste management, ICT, Mechanics, Metallurgy, Fashion and Textiles, Health

ATECO

All economic sectors eligible to receive aid

Regions

Piedmont

Managing entity

Piedmont region

Primary regulatory basis

ERDF PR 2021/2027. RSO1.1. Action I.1i.2 ''Support for innovative start-ups and research spin-offs''. RSO1.3. Action I.1iii.1. ''Support for the competitiveness and sustainable transition of the regional production system''. Approval of measurement sheets ''Support for the initial growth of innovative start-ups'' and ''Capital consolidation and growth of innovative start-ups''

Implementation measure

ERDF PR 2021/2027. RSO1.1. Action I.1i.2 ''Support for innovative start-ups and research spin-offs''. RSO1.3. Action I.1iii.1. ''Support for the competitiveness and sustainable transition of the regional production system''. Approval of measurement sheets ''Support for the initial growth of innovative start-ups'' and ''Capital consolidation and growth of innovative start-ups''

Incentive allocation

5000000 €

Reference site

https://bandi.regione.piemonte.it/contributi-finanziamenti/sostegno-alla-prima-growth-start-up-innovative

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