Things
The program agreement signed on 4 January 2018 between the Ministry of Economic Development, the Puglia Region, the National Agency for Investment Attraction and Business Development Spa – Invitalia, the duration of which was extended until 3 January 2024, is aimed at relaunching entrepreneurial activities, safeguarding employment levels, supporting investment and entrepreneurial development programs in the territory of highly specialized municipalities in the «Textile – Clothing – Footwear» sector of the Puglia Region as identified pursuant to the legislative decree 30 December 2005, n. 273 converted with amendments by law 23 February 2006 n. 51, article 37, limited to the municipalities falling within the area of the integrated territorial project called “PIT n. 9 Salento-Leccese Territory”.
Who is it aimed at?
Companies already established in the form of joint-stock companies can apply for the relief; The cooperative companies referred to in the art. can also apply for relief. 2511 and following of the civil code and the consortium companies referred to in the art. 2615-ter of the civil code. Business networks are also permitted, consisting of a minimum of 3 and a maximum of 6 companies, through the use of the network contract instrument referred to in Article 3, paragraph 4-ter, of the Legislative Decree of 10 February 2009, n. 5, converted, with amendments, by law 9 April 2009, n. 33, and subsequent amendments and additions.
What does it predict
The incentive promotes the creation of one or more entrepreneurial initiatives in the territory of the municipalities falling within the area of the integrated territorial project called “PIT n. 9 Salento-Leccese Territory”, aimed at strengthening the local production fabric and attracting new investments. In particular, entrepreneurial initiatives must: a. provide for the implementation of productive investment programs and/or investment programs for environmental protection, possibly completed by projects for organizational innovation and/or process innovation, research and/or experimental development projects and by projects for staff training; b. provide for the implementation of employment programs aimed at increasing the number of employees in the production unit covered by the investment programme. The benefits are granted in the form of the contribution towards installations, any direct contribution to expenditure and subsidized financing, under the conditions and within the limits of the maximum aid intensities envisaged by Regulation (EU) no. 651/2014 (“GBER Regulation”). The subsidized financing that can be granted cannot be less than 20% of the eligible investments. The contribution towards the plant account and any direct contribution to the expenditure are determined in relation to the amount of the subsidized loan, within the limits of the maximum aid intensities envisaged by the GBER Regulation. The sum of the subsidized loan, the plant contribution and the direct expense contribution can cover up to 75 percent of the total eligible expenses.
