Things
State guarantee fund to provide guarantees for financing for the protection, conservation and valorisation of tangible and intangible cultural heritage.
Who is it aimed at?
Private entities that pursue cultural purposes and public entities other than local authorities, including cultural and creative enterprises.
What does it predict
Granting of guarantees up to 80% of the loan with a maximum duration of 20 years and a maximum amount of €2,500,000.00. The annual cost is equal to 0.25% (or 0.35%) of the guaranteed amount and the preliminary investigation costs are open to €150.00. Admission takes place on the basis of an evaluation based on the last two approved financial statements/statements and/or the business plan of the investment and the calculation of scores representative of the riskiness of the operation.
