Integrated interventions for the acquisition of companies in crisis and production plants closed or at risk of closure

November 14, 2023

FORM FACILITATION

Contribution/Repayable fund

REGIONS

Piedmont

SECTOR

Agri-food, Hotel, Other services, Crafts, Motor vehicles and other means of transport, Chemical and Pharmaceutical, 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

CLOSED

OPENING DATE

CLOSING DATE

September 5, 2022
June 30, 2023

NOTES

No additional notes
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Things

The measure, promoted by the Piedmont Region, intends to facilitate the acquisition of a company in crisis, a business branch or a plant, a production plant or a research center located in Piedmont, which are already closed or which, if they were not acquired, would close due to cessation of activity. Rental may also be facilitated, exclusively if aimed at subsequent acquisition, and the acquisitions of individual functional lots relating to the cases indicated above, possibly proposed by various beneficiary entrepreneurial entities. Companies that have formally started a collective dismissal procedure or extraordinary redundancy fund due to crisis, or an insolvency procedure (settlement with creditors, liquidation, bankruptcy/judicial liquidation, extraordinary administration) are considered "companies in crisis". In cases where the cessation of the business or activity is not due to a crisis situation as defined above, the intention to close - due to cessation of the business or enterprise - the company, plant, establishment or the research centre, must result from a formal deed.

Who is it aimed at?

Beneficiaries of the incentive are companies of any size. The beneficiaries must: – be registered in the Company Register or, in the case of foreign companies, in a similar register of the country of origin; – have the operational unit located in Piedmont at the time of disbursement of the contribution; – have a prevalent ATECO 2007 code included among those provided for in the announcement, or acquire activities with one of the codes included among those provided for in the announcement and, at the end of the investment, must maintain an activity code eligible under this incentive – not have violated the so-called “Deggendorf Commitment” – not to be “firms in difficulty” pursuant to art. 2, point 18 of Regulation (EU) no. 651/2014. Furthermore, to access the benefits relating to employment incentives, the beneficiaries must comply with the requirements set out in Legislative Decree 14 September 2015, n. 150, art. 31, containing "General principles for the use of incentives".

What does it predict

The measure consists in the provision of a non-repayable contribution. The contribution concerns the partial coverage of the eligible expenses incurred for the investment; a further contribution can be made in relation to the staff units hired. To be eligible, the intervention: – must involve an investment of an amount, in terms of expenses relating to the Investment part alone, of no less than 1.5 million euros; – must allow the minimum threshold of: at least 40% of the employment level present in the the company or part of the company in a situation of full-blown crisis, subject to acquisition or at least 40% of the employment level present in the plant, establishment, research center or part of the research center closed or about to be closed .

Objective – Purpose

Business crisis, Investment support

Form – Facilitation

Contribution/Repayable fund

Allowed Costs

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

Dimension

Large Enterprise, Medium Enterprise, Micro Enterprise, Small Enterprise

Activity sector

Agri-food, Hotel, Other services, Crafts, Motor vehicles and other means of transport, Chemical and Pharmaceutical, 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

Piedmont

Other features

Companies in crisis, closed plants, risk of closure, Piedmont

Managing entity

Finpiemonte SPA

Primary regulatory basis

Amendment of aid regimes SA.44367 (“Tender for access to the SME Fund) and SA.44396 (2016/X) (Tender "Integrated interventions for the acquisition of companies in crisis, production plants closed or at risk of closure” ) in order to comply with the new provisions on aid for regional purposes referred to in Reg. (EU) No. 651/2014 as amended by Reg. (EU) 1084/2017.

Implementation measure

Piedmont Region - LR n. 34/2004, LR n. 44/2000, LR n. 34/2008, Law no. 236/1993, Amendments and additions to the measure "Integrated interventions for the acquisition of companies in crisis, production plants closed or at risk of closure". Approval of new criteria.

Incentive allocation

5300000 €

Reference site

https://bandi.regione.piemonte.it/index.php/contributi-finanziamenti/interventi-integrati-lacquisition-aziende-crisi-impianti-prottici-chiusi-rischio-chisistenza-lr3404

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