Piedmont Region – Capital consolidation and growth of innovative startups 2024

August 27, 2024

FORM FACILITATION

Contribution/Repayable fund

REGIONS

Piedmont

SECTOR

Agri-food, Hotel, Other services, Crafts, Motor vehicles and other means of transport, Chemical and Pharmaceutical, Commerce, Culture, Construction, Electronics, Energy supply, Water and waste management, ICT, Mechanics, Metallurgy, Furniture, Wood and Paper, Fashion and Textiles, Catering, Health, Transport services, Tourism

ALLOWED EXPENSE

300000 €

INCENTIVE STATUS

CLOSED

OPENING DATE

CLOSING DATE

July 15, 2024
July 17, 2024

NOTES

Call currently suspended due to exhaustion of financial resources.
Share fact sheet

Things

The call supports the implementation of investment and entrepreneurial development programs by innovative startups that are in a phase of consolidation or growth. The tender therefore intends to support the consolidation of the innovative startup which, through a capital strengthening operation, aims to implement a development project for its business. The measure operates in particular by integrating, with a non-repayable contribution of the same amount ("pari passu" method), the capital strengthening operations of innovative start-ups carried out by external investors and any additional subjects. In this sense, start-ups must be able to independently find, as part of a capital strengthening operation functional to the implementation of the business plan covered by the facilitation, resources at least equal to the requested contribution and, in any case, not less than €150,000, 00. External capital investments can be made by corporate companies of any type and size (large companies or SMEs) or specialized investors (e.g. venture capital funds). Operations started from the date of publication of the provision approving this measurement sheet (23/12/2023) are eligible. The duration of the project (business plan) can be a maximum of two years. 

Who is it aimed at?

The call is aimed at innovative startups (micro and small businesses). 

What does it predict

The benefit consists in the provision of a non-repayable contribution equal to 50% of the eligible expenditure. 

Objective – Purpose

Start up/Business development

Form – Facilitation

Contribution/Repayable fund

Minimum Allowable Expenditure

300000 €

Maximum Allowable Expenditure

10000000 €

Allowed Costs

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

Minimum concession that can be granted

150000 €

Maximum grantable benefit

500000 €
Subject type
Enterprise - Innovative SU/SME

Dimension

Microenterprise, Small Business

Activity sector

Agri-food, Hotel, Other services, Crafts, Motor vehicles and other means of transport, Chemical and Pharmaceutical, Commerce, Culture, Construction, Electronics, Energy supply, Water and waste management, ICT, Mechanics, Metallurgy, Furniture, Wood and Paper, Fashion and Textiles, Catering, Health, Transport services, Tourism

ATECO

All economic sectors eligible to receive aid

Regions

Piedmont

Managing entity

Piedmont region

Primary regulatory basis

ERDF PR 2021/2027. RSO1.1. Action I.1i.2 ''Support for innovative start-ups and research spin-offs''. RSO1.3. Action I.1iii.1. ''Support for the competitiveness and sustainable transition of the regional production system''. Approval of measurement sheets ''Support for the initial growth of innovative start-ups'' and ''Capital consolidation and growth of innovative start-ups''

Implementation measure

ERDF PR 2021/2027. RSO1.1. Action I.1i.2 ''Support for innovative start-ups and research spin-offs''. RSO1.3. Action I.1iii.1. ''Support for the competitiveness and sustainable transition of the regional production system''. Approval of measurement sheets ''Support for the initial growth of innovative start-ups'' and ''Capital consolidation and growth of innovative start-ups''

Incentive allocation

5000000 €

Reference site

https://bandi.regione.piemonte.it/contributi-finanziamenti/consolidamento-patrimoniale-growth-start-up-innovative

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