Extraordinary intervention for the granting of subsidized loans for the liquidity needs of companies affected by the "Covid-19" epidemiological emergency and for the increase in energy costs

January 25, 2024

FORM FACILITATION

Contribution/Refundable Fund, Loan/Repayable Advance

REGIONS

Veneto

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

ALLOWED EXPENSE

--

INCENTIVE STATUS

CLOSED

OPENING DATE

CLOSING DATE

May 19, 2020
November 28, 2023

NOTES

The requests presented so far have achieved the potential full use of available resources. Access to submit new applications was suspended on Tuesday 28 November 2023.

Things

This is a subsidized loan for an amount between 5,000.00 and 50,000.00 Euros entirely at zero interest; duration between 12 and 72 months (max 24 of which pre-amortisation) to which is added a non-repayable contribution equal to 100% of the cost of financing (up to a maximum of €3,000.00).

Who is it aimed at?

SMEs can also submit a request for relief in associated form (cooperatives, consortia, network contracts, ATI), including Professionals, with operational headquarters or, in the case of Professionals, tax domicile, in the Veneto area.

What does it predict

SMEs that, at the date of submission of the application, meet the following requirements can benefit from the Fund's intervention: a) have suffered a liquidity crisis due to the Covid-19 epidemiological emergency as a result of the suspension or reduction of the activity; b) be duly registered in the business register established at the Chamber of Commerce, Industry, Crafts and Agriculture competent for the territory or in the register of artisan and active businesses as of 8 March 2020. For the purposes of identifying the date of registration, the date resulting from the chamber of commerce certificate will be valid; c) all companies meeting the requirements for access to the relief pursuant to DGR no. can also submit a refinancing application. 618/20 and following for refinancing of energy costs. Applications for relief can be submitted continuously, as the relief is "one-stop" (art. 5, Legislative Decree no. 123 of 1998). The application is submitted to the Manager through the affiliated Lenders.

Objective – Purpose

Liquidity support

Form – Facilitation

Contribution/Refundable Fund, Loan/Repayable Advance

Minimum Allowable Expenditure

--

Maximum Allowable Expenditure

--

Allowed Costs

Overheads/other charges

Minimum concession that can be granted

--

Maximum grantable benefit

--
Subject type
Enterprise, Enterprise - innovative SU/SME, Enterprise - predominantly female, Enterprise - predominantly young people

Dimension

Medium Enterprise, Microenterprise, 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

ATECO

All economic sectors eligible to receive aid;

Regions

Veneto

Municipalities

--

Special territorial scope

Internal areas, SEZ

Other features

--

Managing entity

Veneto Innovazione Spa

Primary regulatory basis

Extraordinary intervention for the granting of subsidized loans for the liquidity needs of companies affected by the "Covid-19" epidemiological emergency from the rotation funds for the granting of subsidized loans to SMEs in the trade, secondary, tertiary and craft sectors of which to the regional laws of 18 January 1999, n. 1, 9 February 2001, n. 5, 17 January 2002, n. 2 and 18 November 2005, n. 17.
Secondary regulatory basis
--

Implementation measure

Extraordinary intervention for the granting of subsidized loans for the liquidity needs of companies affected by the "Covid-19" epidemiological emergency from the rotation funds for the granting of subsidized loans to SMEs in the trade, secondary, tertiary and craft sectors of which to the regional laws of 18 January 1999, n. 1, 9 February 2001, n. 5, 17 January 2002, n. 2 and 18 November 2005, n. 17.

References Official Journal

29/05/2020

Incentive allocation

50000000 €

Reference site

https://intranet.regione.veneto.it/sites/segr.giunta/Shared%20Documents/bur_internet.aspx

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