Law 181/1989 – Redevelopment of the industrial crisis area of ​​Turin

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FORM FACILITATION

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

REGIONS

Piedmont

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 25, 2022
September 20, 2022

NOTES

No additional notes
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Things

As part of the Program Agreement signed on 7 December 2021 between the Ministry of Economic Development, ANPAL - National Agency for active labor policies, Piedmont Region, Municipality of Turin, ICE - Agency for promotion abroad and internalization of Italian companies, Invitalia - National Agency for attracting investments and business development Spa, aimed at implementing the industrial reconversion and redevelopment project of the complex industrial crisis area of ​​the local labor system of Turin, approved, pursuant to art. 27 of the legislative decree of 22 June 2012, n. 83, the intervention is aimed at: – the development of R&D and technology transfer activities; – the creation of an Automotive Hub and an Aerospace Hub; – support for productive investments with priority for the automotive and aerospace sectors; – the requalification of skills; – the training and re-employment of workers belonging to a specific reference area.

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 complex industrial crisis area of ​​the local labor system of Turin, 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. In the case of applications presented by business networks, the maintenance or increase in employment must be guaranteed by each company participating in the network. 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.

Objective – Purpose

Investment support, Business crisis

Form – Facilitation

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

Allowed Costs

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

Piedmont

Municipalities

Ala di Stura, Almese, Alpignano, Avigliana, Balangero, Balme, Beinasco, Borgaro Torinese, Borgone Susa, Brandizzo, Brozolo, Bruino, Brusasco, Bruzolo, Buttigliera Alta, Cafasse, Candiolo, Cantoira, Caprie, Casalborgone, Caselette, Caselle Torinese, Castagneto Po, Castagnole Piemonte, Castiglione Torinese, Cavagnolo, Ceres, Chialamberto, Chianocco, Chiusa di San Michele, Chivasso, Cinzano, Ciriè, Coassolo Torinese, Coazze, Collegno, Condove, Corio, Druento, Fiano, Gassino Torinese, Germagnano, Giaveno, Givoletto, Groscavallo, Grosso, Grugliasco, La Cassa, La Loggia, Lanzo Torinese, Lauriano, Leini, Lemie, Lombardore, Mathi, Mezzenile, Monastery of Lanzo, Moncalieri*, Montanaro, Monteu da Po, Nichelino, Nole, None, Orbassano, Pessinetto, Pianezza, Piobesi Torinese, Piossasco, Reano, Rivalba, Rivalta di Torino, Rivarossa, Rivoli, Robassomero, Rocca Canavese, Rosta, Rubiana, San Benigno Canavese, San Carlo Canavese, San Didero, San Francesco al Campo, San Gillio, San Gioiro di Susa, San Maurizio Canavese, San Mauro Torinese, San Raffaele Cimena, San Sebastiano da Po, Sangano, Sant'Ambrogio di Torino, Sant'Antonino di Susa, Sciolze, Settimo Torinese, Torino*, Trana, Traves, Usseglio, Vaie , Val della Torre, Valgioie, Vallo Torinese, Varisella, Vauda Canavese, Venaria Reale, Verolengo, Villanova Canavese, Villar Dora, Villar Focchiardo, Villarbasse, Vinovo, Viù, Volpiano, Volvera.

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
Directorial circular 16 June 2022, n. 237343

Implementation measure

Directorial circular 11 July 2022, n. 262365 - Aid for the complex industrial crisis area of ​​Turin

Incentive allocation

50000000 €

Reference site

https://www.mise.gov.it/index.php/it/incentivi/torino-area-di-crisi-industriale

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