Italy Social Economy

FORM FACILITATION

Mix of non-repayable contributions and subsidized financing

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, Fashion and Textiles, Motor vehicles and other means of transport, Chemicals and Pharmaceuticals, Electronics, Mechanics, Metallurgy, Furniture, Wood and Paper, Construction, Energy supply, Water and waste management, Commerce, ICT, Services transport, hospitality, catering, tourism, health, culture, other services, crafts, visual and performing arts and multimedia, Cinema, Dance, Book and Reading, Music, Theatre, Literature and publishing, Healthcare, Technology, Mechanics-Mechatronics and Automation, Textiles-clothing-fashion, Agriculture-agro-industry, Pleasure boating, Battery park

ALLOWED EXPENSE

INCENTIVE STATUS

ACTIVE

OPENING DATE

CLOSING DATE

October 13, 2022

NOTES

Until the end of the resources available

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Things

Italy Social Economy is the incentive of the Ministry of Companies and Made in Italy aimed at companies that carry out activities of social utility and of general interest. Management is entrusted to Invitalia.

Who is it aimed at?

social enterprises, established in any form, registered in the appropriate section of the business register
social cooperatives and their consortia, referred to in the law of 8 November 1991 n.381 and SS.MM.II
Cooperative companies having the qualification of non -profit organization (in compliance with the provisions of articles 101 paragraph 2 and 102 paragraph 2 of Legislative Decree 3 July 2017 and SS.MM.II)
Cultural and creative enterprises, established in the form of partnerships or capital, who operate or intend to operate in the economic sectors listed in Annex 1 of the Directorial Decree 8 August 2022

What does it predict

The concessions consist of:

Facilitated financing at the rate of 0.5% per year and lasting a maximum of 15 years, granted by the Ministry of Companies and Made in Italy, to be worth on resources of Cassa Depositi e Prestiti, which must necessarily be combined with a funding granted by a financier bank*. The set of funding indicated above guarantees a total coverage of up to 80% of the eligible expenses, of which 70% represented by the subsidized loan and the remaining 30% consisting of bank funding

Lost contribution of an amount between 5% and 20% of the total expenditure admitted to the facilities. For production investments, the amount of the contribution varies according to the size of the company and the location of the subsidized program; For projects that provide for the employment increase of workers with disabilities, the non -refundable contribution is always equal to 20%.

Find out the details

Objective – Purpose

Social inclusion, cultural and creative production, enhancement of cultural heritage, tourism

Form – Facilitation

Mix of non-repayable contributions and subsidized financing

Allowed Costs

Buildings and land, plants/machinery/equipment, raw materials, consumption and goods, services, patents and licenses, masonry, software, external services and consultancy

Subject type

Business, association between professionals, cooperatives/non -profit associations, consortium, foundation

Dimension

Not classifiable/classified

Activity sector

Regions

Special territorial scope

Not applicable

Managing entity

Ministry of Business and Made in Italy

Incentive allocation

223.000.000 €

Frequent questions - Italy Social Economy

What is the Italian Social Economy Call managed by Invitalia?

Italy Social Economy is an incentive of the Ministry of Companies and Made in Italy, managed by Invitalia, which supports company investments with high socio-cultural impact. Provision of € 223 million. www.management-advisor.eu supports analysis, design, sending, reporting and monitoring.

Who are the beneficiaries of the Italian Social Economy Call?

Social enterprises enrolled in the business register, social cooperatives and their consortia, non -profit organizations, and cultural/creative companies established in a corporate form can access. Requirements: seat in Italy, ordinary accounting, credit merit. www.management-advisor.eu helps to verify formal and substantial requirements.

What is the financial allocation and what expense covers?

The Fund amounts to € 223 million: € 200 million from the CDP rotary fund and € 23 million with a sustainable growth fund. Facilitative coverage of up to 80% of the admitted expenditure. The lost -end contribution varies between 5% and 20%, up to 20% fixed if workers with disabilities are involved. www.management-advisor.eu supports financial structuring.

What are the minimum and maximum values of the investment program?

The plan may include investments between € 100,000 and € 10 million, net VAT. The programs can be presented by one or more subjects (max 6) in joint form. www.management-advisor.eu supports the definition of the plan and partnership agreements.

What are the eligible expenses in the announcement?

Eligible: soil (max 10%), walls, infrastructures, machinery, plants, software, patents, licenses. In addition, up to 20% accessory expenses: raw materials, training, consultancy, certifications. www.management-advisor.eu supports the editorial staff of the budget and the categorization of expenses.

What kind of facilitation does Italy include social economy?

Successful financing at 0.5% per year per max 15 years (pre -amortization up to 4 years) + bank financing, 80% coverage. 5-20%lost contribution, according to Gber. www.management-advisor.eu calculates percentages and optimizes the facilitation mix.

How and when to submit the application?

Sending exclusively via PEC to ES.MPRESE@PEC.MIMIT.GOV.it, with modulist that can be downloaded on the Invitalia website. Prerequisite: bank resolution. www.management-advisor.eu helps in download, compilation and sending the documentation.

What are the methods of evaluation and the times of the investigation?

The evaluation is at the counter: the applications are examined in chronological order, within 30 days of the presentation. www.management-advisor.eu supports the documentary collection to accelerate evaluation times.

Can I present the project in a joint form?

Yes, up to 6 leader or partnership companies is possible. Each proponent must have minimum expenses of € 50,000. www.management-advisor.eu assists in defining the agreement and drafting of the joint project.

What objectives should the projects have financed?

The projects must pursue at least one between: occupation of disadvantaged workers, inclusion of vulnerable people, urban regeneration/sustainable tourism, environmental protection, cultural heritage and creativity. www.management-advisor.eu joins the definition of the socio-cultural impact.

What is the maximum duration of the subsidized loan?

Maximum duration 15 years, including a pre -amortization period up to 4 years. www.management-advisor.eu helps in calculating financial planning and cash flow.

Is it possible to have specialist support in the post-drug phase?

Invitalia offers free accompaniment for compilation and evaluation. www.management-advisor.eu offers continuous advice, from support to documentation to reporting and final monitoring.

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