Law 181/1989 – Redevelopment of the complex industrial crisis area Val Vibrata – Valle del Tronto – Piceno

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FORM FACILITATION

Risk capital, Loan/Repayable advance, Contribution/Repayable fund

REGIONS

Abruzzo, Marche

SECTOR

Agri-food, Fashion and Textiles, Chemistry and Pharmaceuticals, Metallurgy, Electronics, Mechanics, Motor vehicles and other means of transport, Furniture, Wood and Paper

ALLOWED EXPENSE

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INCENTIVE STATUS

CLOSED

OPENING DATE

CLOSING DATE

July 4, 2023
September 8, 2023

NOTES

The desk for submitting applications for relief will be opened on 4 July 2023 subject to registration of the Supplementary Deed to the Program Agreement with the Court of Auditors.

Things

As part of the industrial reconversion and redevelopment project of the complex industrial crisis area “Val Vibrata – Valle del Tronto – Piceno”, approved, pursuant to art. 27 of the legislative decree of 22 June 2012, n. 83, with Program Agreement signed on 28 July 2017 between the Ministry of Business and Made in Italy, National Agency for Active Work Policies - ANPAL, Ministry of Infrastructure and Transport, Ministry of the Environment and Protection of Land and Sea , Abruzzo Region, Marche Region, Province of Teramo, Province of Ascoli Piceno and National Agency for attracting investments and business development Spa – Invitalia, the incentive is aimed at relaunching entrepreneurial activities and safeguarding employment levels , to support investment and entrepreneurial development programs in the territory of the Municipalities belonging to the complex industrial crisis area "Val Vibrata - Valle del Tronto - Piceno". With the Supplementary Deed of 8 May 2023, currently being registered at the Court of Auditors, the duration of the Program Agreement is extended by 36 months until 28 July 2023.

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 industrial crisis area "Val Vibrata - Valle del Tronto - Piceno", 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. lead to the maintenance or increase of the employees of 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. In implementation of the provisions of article 7, paragraph 10, of the decree of 24 March 2022 and of point 7.16 of the circular of 16 June 2022, companies that intend to carry out entrepreneurial initiatives that are eco-sustainable can request the benefits pursuant to section 3.13 of the “Temporary framework for state aid measures to support the economy in the current COVID-19 emergency”, containing measures to support investments towards a sustainable recovery.

Objective – Purpose

Investment support, Business crisis

Form – Facilitation

Risk capital, Loan/Repayable advance, Contribution/Repayable fund

Minimum Allowable Expenditure

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Maximum Allowable Expenditure

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Allowed Costs

Personnel costs, Professional training, General expenses/other charges, Services, patents and licenses, Plant/Machinery/Equipment

Minimum concession that can be granted

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Maximum grantable benefit

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Subject type
Company, Cooperatives/Non-Profit Associations, Business Network, Consortium

Dimension

Large Business, Medium Business, Small Business

Activity sector

Agri-food, Fashion and Textiles, Chemistry and Pharmaceuticals, Metallurgy, Electronics, Mechanics, Motor vehicles and other means of transport, Furniture, Wood and Paper

ATECO

All economic sectors eligible to receive aid.

Regions

Abruzzo, Marche

Municipalities

Ancarano, Civitella del Tronto, Sant'Egidio alla Vibrata, Valle Castellana, Alba Adriatica, Colonnella, Controguerra, Corropoli, Nereto, Sant'Omero, Torano Nuovo, Tortoreto, Martinsicuro, Acquasanta Terme, Appignano del Tronto, Arquata del Tronto, Ascoli Piceno , Castel di Lama, Castignano, Castorano, Colli del Tronto, Folignano, Maltignano, Montegallo, Offida, Roccafluvione, Spinetoli, Venarotta, Comunanza, Force, Montalto delle Marche, Montedinove, Montemonaco, Palmiano, Rotella, Acquaviva Picena, Cossignano, Cupra Marittima , Grottammare, Massignano, Monsampolo del Tronto, Montefiore dell'Aso, Monteprandone, Ripatransone, San Benedetto del Tronto, Amandola, Montefalcone Appennino, Montefortino, Montelparo, Monte Rinaldo, Ortezzano, Santa Vittoria in Matenano, Smerillo.

Special territorial scope

Not applicable

Other features

Industry - Business support - Employment - Industrial crises

Managing entity

Invitalia - National agency for attracting investments and business development SpA

Primary regulatory basis

Ministerial Decree 24 March 2022 - Terms, methods and procedures for submitting applications for access to benefits in favor of investment programs aimed at the redevelopment of industrial crisis areas referred to in law no. 181/89
Secondary regulatory basis
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Implementation measure

Directorial Circular no. 1748 of 05/29/2023

References Official Journal

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Incentive allocation

16661687 €

Reference site

https://www.mimit.gov.it/it/incentivi/val-vibrata-valle-del-tronto-piceno-area-di-crisi-industriale-2023

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