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The intervention of the Fund for Sustainable Growth (FCS) defined with the decree of 1 December 2021 of the Minister of Economic Development in agreement with the Minister of Economy and Finance provides for the granting of financial incentives to support research and development projects and innovation for the ecological and circular transition in support of the aims of the Italian Green New Deal. The measure is intended to support the projects of companies admitted to subsidized financing Revolving Fund for business support and investments in research (FRI), and provides for the granting of contributions to support industrial research activities, experimental development and, for SMEs, of industrialization of research and development results.
Who is it aimed at?
Companies of any size carrying out industrial, agro-industrial, artisan, industrial services and research center activities, presenting projects individually or jointly.
What does it predict
The intervention supports projects consistent with the areas of intervention of the Italian Green New Deal, with particular regard to the objectives of: - decarbonisation of the economy - circular economy - reduction of the use of plastic and replacement of plastic with alternative materials - urban regeneration - sustainable tourism - adaptation and mitigation of risks in the area resulting from climate change Industrial research and experimental development activities must be aimed at the creation of new products, processes or services or at the significant improvement of existing products, processes or services. Industrialization investments, permitted exclusively for SMEs, must have a high content of innovation and sustainability, and be aimed at diversifying the production of a plant through additional new products or at radically transforming the overall production process of an existing plant. They can be admitted separately or together with an industrial research and experimental development project as part of an integrated program presented to obtain benefits, under the conditions established by the decree. Furthermore, eligible projects must: - be carried out within one or more local units located in the national territory - include eligible expenses and costs of no less than 3 million and no more than 40 million euros - have a duration of no less than 12 months and not exceeding 36 months - be started after the submission of the application for benefits. Companies access the benefits according to two distinct procedures: - at the counter, for programs amounting to no less than 3 million and no more than 10 million euros, with a maximum of three participating companies - negotiation, for programs of amounts exceeding 10 million and not exceeding 40 million euros, with a maximum of five participating companies.
