MAD - Management Advisor srl

Fund to support the excellence of Italian gastronomy and agri-food

What you need to know

MASAF wants to promote and support companies of excellence in the catering and pastry sectors and enhance the Italian agri-food and food and wine heritage, providing for the granting of contributions for investments in professional machinery and other durable capital goods, as well as encouraging hiring with apprenticeship contracts for young graduates in food and wine and hotel hospitality services under the age of 30.

Eligible Subjects

Beneficiaries of the intervention are companies operating in the sectors identified by the ATECO codes:

  • 56.10.11 "catering with administration", for which it is also required, for the purposes of accessing the benefit, alternatively the possession of
    one of the following two requirements:
    • to have been duly established and registered as active in the Companies Register for at least 10 years;
    • alternatively, having purchased, in the twelve months preceding the date of publication of the decree in question (i.e. in the time period between 30 August 2021 and 30 August 2022) certified DOP, PGI, SQNPI, SQNZ products and organic products for at least 25% of the total food products purchased in the same period.
  • 56.10.30 "Ice cream and pastry shops" and 10.71.20 "Production of fresh pastries", in relation to which possession of at least one of the two is required
    following requirements:
    • to have been duly established and registered as active in the Companies Register for at least 10 years;
    • alternatively, having purchased in the same period as above (30.08.2021 – 30.08.2022), DOP, IGP, SQNPI certified products and organic products for at least 5% of the total food products purchased in the same period.

Lines of intervention

Line 1: financed with 56 million euros for the purchase of professional machinery and other assets instrumental to the company's activity, as long as they are brand new.

Line 2 : financed with 20 million euros, is aimed at encouraging general turnover in the target sectors through the entry of young apprentices. In this case the benefits are intended for companies that hire young graduates in food and wine and hotel hospitality services under the age of 30 with apprenticeship contracts.

Eligible expenses Line 1

Eligible are expenses relating to the purchase of new, organic and functional professional machinery and instrumental goods for the business activity, purchased at normal market conditions from third parties who have no relationship with the company, INCURRED AFTER THE SENDING OF THE REQUEST.

The following expenses are not allowed:

  • purchase of components, spare parts or parts of machinery, systems and equipment that do not satisfy the requirement of functional autonomy;
  • land and buildings, including masonry works of any kind, including water, electrical, alarm, heating and cooling systems;
  • registered vehicles;
  • used or regenerated goods;
  • utilities of any kind, including the supply of electricity, gas, etc.;
  • taxes;
  • social contributions and charges of any kind;
  • food stamps;
  • legal and notary costs;
  • consultancy of any kind;
  • not directly aimed at the company's activity.

Line 1 discount

Under the "de minimis" regime. The Fund provides for the granting of a non-repayable contribution of a maximum of 30,000 euros per individual company and in any case not exceeding 70% of the total eligible expenses, both for the purchase of machinery and equipment and in relation to the gross salary to be paid to young apprentices.

Eligible expenses Line 2

Under the "de minimis" regime. Awaiting the implementing decree.

Line 2 discount
Awaiting the implementing decree.

Presentation
Starting from March 1st until April 30th 2024. Applications will be evaluated following the chronological order of arrival.

Photo by Fabrizio Magoni on Unsplash

Who is it aimed at?

Small Enterprises, Medium Enterprises, Micro Enterprises, Large Enterprises, SMEs, MSMEs

Facilitation

Contribution/Repayable fund

expiration

May 13, 2024

Opening

March 12, 2024

Geographic area

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

Sector

Agri-food

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