Artificial Intelligence, Blockchain and Internet of Things

April 5, 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

500000 €

INCENTIVE STATUS

CLOSED

OPENING DATE

CLOSING DATE

September 21, 2022
September 22, 2022

NOTES

Following the exhaustion of available resources, starting from 22 September 2022, the office for submitting grant applications will be closed.

Things

Fund established to pursue economic and industrial policy objectives, also connected to the areas of research, development and technological innovation, to increase the competitiveness and productivity of the country's entrepreneurial system through research and technological innovation projects linked to the 4.0 transition programme. Following the exhaustion of available resources, with directorial decree of 21 September 2022, starting from 22 September 2022, the closure of the office for the submission of subsidy applications is ordered.

Who is it aimed at?

Companies of any size, established in corporate form and which carry out industrial activities of production of goods and services, agro-industrial, artisan, transport, business services which carry out activities auxiliary to the previous ones, as well as research centers with legal personality.

What does it predict

The granting and provision of benefits (in the form of subsidized financing, contributions and participation in risk capital) in favor of research, development and innovation projects functional to the development of artificial intelligence, blockchain and internet of things technologies and applications . A share equal to 60% of the financed resources is reserved for research, development and innovation projects proposed by SMEs and business networks; A share equal to 34% of the financial resources is reserved for projects to be implemented in the territories of the Southern Regions.

Objective – Purpose

Innovation and research

Form – Facilitation

Contribution/Refundable Fund, Loan/Repayable Advance

Minimum Allowable Expenditure

500000 €

Maximum Allowable Expenditure

2000000 €

Allowed Costs

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

Minimum concession that can be granted

0 €

Maximum grantable benefit

1400000 €
Subject type
Public body, company, business network, university/research body

Dimension

Large Enterprise, Medium Enterprise, Micro Enterprise, Unclassifiable/classified, Small Enterprise

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

--

Managing entity

Infratel Italia SpA

Primary regulatory basis

Interministerial decree 6 December 2021 - Fund for interventions aimed at promoting the development of artificial intelligence, blockchain and internet of things technologies and applications
Secondary regulatory basis
--

Implementation measure

Directorial decree 24 June 2022 - Artificial intelligence, blockchain and internet of things fund

References Official Journal

25 of 01/31/2022

Incentive allocation

45000000 €

Reference site

https://www.mimit.gov.it/index.php/it/incentivi/fondo-per-interventi-volti-a-favorire-lo-sviluppo-delle-tecnologie-e-delle-applicazioni-di-intelligence- artificial-blockchain-and-internet-of-things#:~:text=The%20Fund%20for%20the%20development%20of%20technology

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