Development contracts – Tourism activity development programmes

January 22, 2024

FORM FACILITATION

Contribution/Refundable Fund, Loan/Repayable Advance

REGIONS

Abruzzo, Basilicata, Calabria, Campania, Emilia-Romagna, Friuli-Venezia Giulia, Lazio, Liguria, Lombardy, Marche, Molise, Piedmont, Puglia, Sardinia, Sicily, Tuscany, Trentino-Alto Adige/Südtirol, Umbria, Valle d'Aosta /Vallée d'Aoste, Veneto

SECTOR

Agriculture, forestry and fishing, Agri-food, Hotel, Other services, Crafts, Motor vehicles and other means of transport, Chemicals and Pharmaceuticals, Commerce, Culture, Construction, Electronics, Energy supply, Water and waste management, ICT, Mechanics, Metallurgy, Furniture, Wood and Paper, Fashion and Textiles, Catering, Health, Transport Services, Tourism

ALLOWED EXPENSE

--

INCENTIVE STATUS

ACTIVE

OPENING DATE

CLOSING DATE

December 4, 2023
--

NOTES

The closure will take place when resources run out.

Things

Facilitative instrument with a negotiating component aimed at the creation, on the initiative of one or more companies, the maximum total number of which cannot exceed five, of tourism development programs referred to in Article 7 of the Ministerial Decree of 9 December 2014 and subsequent amendments. .ii.. As part of the aforementioned development programs, the instrument can also finance infrastructural works within the limits set by the implementation legislation. The minimum investment required is 20 million euros which is reduced to 7.5 million euros if these programs include interventions to be carried out in the internal areas of the country or the recovery and redevelopment of abandoned building structures. The tourist activity development program must concern an entrepreneurial initiative aimed at developing the tourist offer through the strengthening and improvement of the quality of the accommodation offer and, possibly, of the supplementary activities, of the support services for the use of the tourist product and , for an amount not exceeding 20 percent of the total investments to be made, of the commercial activities, for the realization of which one or more investment projects are necessary, and, possibly, organizational innovation or process innovation projects, strictly connected and functional to a better use of the tourist product and the characterization of the reference territory. This development program, if carried out by multiple companies, must be carried out in neighboring municipalities or belonging to a single tourist district. 

Who is it aimed at?

Companies of any size that intend to make large investments in the tourism sector. The tourism activity development program can be implemented jointly, without prejudice to a total number of participating companies not exceeding five, also through the use of the network contract instrument. 

What does it predict

Granting of financial benefits in the following forms, also in combination with each other: • subsidized financing; • interest contribution; • plant contribution; • direct contribution to expenditure. The use of the various forms of facilitation and their combination are defined in the negotiation phase on the basis of the characteristics of the projects and the related areas of intervention. 

Objective – Purpose

Innovation and research, Investment support

Form – Facilitation

Contribution/Refundable Fund, Loan/Repayable Advance

Minimum Allowable Expenditure

--

Maximum Allowable Expenditure

--

Allowed Costs

Buildings and land, Plant/Machinery/Equipment, Services, patents and licenses

Minimum concession that can be granted

--

Maximum grantable benefit

--
Subject type
Enterprise, business network

Dimension

Large Business, Medium Business, Small Business

Activity sector

Agriculture, forestry and fishing, Agri-food, Hotel, Other services, Crafts, Motor vehicles and other means of transport, Chemicals and Pharmaceuticals, Commerce, Culture, Construction, Electronics, Energy supply, Water and waste management, ICT, Mechanics, Metallurgy, Furniture, Wood and Paper, Fashion and Textiles, Catering, Health, Transport Services, Tourism

ATECO

All economic sectors eligible to receive aid;

Regions

Abruzzo, Basilicata, Calabria, Campania, Emilia-Romagna, Friuli-Venezia Giulia, Lazio, Liguria, Lombardy, Marche, Molise, Piedmont, Puglia, Sardinia, Sicily, Tuscany, Trentino-Alto Adige/Südtirol, Umbria, Valle d'Aosta /Vallée d'Aoste, Veneto

Municipalities

--

Special territorial scope

--

Other features

large investments, development contracts, business support, tourism sector, accommodation offer.

Managing entity

Invitalia - National agency for attracting investments and business development SpA

Primary regulatory basis

Decree of the Minister of Economic Development 9 December 2014
Secondary regulatory basis
Ministerial Decree 14 September 2023 - Amendments to the implementation regulations of development contracts.

Implementation measure

Directorial decree 15 November 2023 - Development contracts. Closing and reopening of the deadlines for submitting grant applications.

References Official Journal

272 of 11/21/2023

Incentive allocation

0.1 €

Reference site

https://www.mimit.gov.it/it/normativa/decreti-direttoriali/decreto-direttoriale-15-novembre-2023-contratti-di-sviluppo-temporanea-chiesistenza-dei-termini-per-la-presentazione- of-applications-for-benefits

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