Sardinia invests in the future: incentives for innovative projects, 81 million allocated for the relaunch of businesses
The Sardinia Region allocates 81 million euros for Investment Contracts, incentivizing strategic and innovative projects for the competitiveness of local businesses.
Sardinia invests in the future: incentives for innovative projects, 81 million allocated for the relaunch of businesses
The Sardinia Region launches an important initiative to support businesses: the guidelines for the Investment contracts, with an initial allocation of 81 million euros. The goal is promote strategic and innovative projects, promoting the competitiveness of local production systems through European and national funds.
Support for businesses through Investment Contracts. In the last meeting of the regional council on 25 January theCouncillor for Programming, Budget, Credit and Territorial Planning, Giuseppe Meloni, presented the resolution approving the Directives for the implementation of the Investment Contracts. For the initial phase, resources of 81 million euros have been allocated, which will be available in the coming months, as soon as the notice with the implementing provisions is published.
The Investment Contract is a negotiation incentive tool that helps companies in the implementation of strategic and innovative investment proposals with the aim of supporting the competitiveness of local production systems and existing or emerging supply chains. resources come from the European Regional Development Fund (ERDF) 2021-2027 and from National Plan of the Fund for the Just Transition (Just Transition Fund) Italy 2021-2027.
"With this intervention – declares the vice-president of the Sardinia Region Giuseppe Meloni – we intend to strengthen the growth and competitiveness of the Sardinian productive fabric. Our objectives perfectly match the European ones, allowing us to help small and medium-sized enterprises overcome difficulties, strengthen or strategically convert their business. We are working on the definition of the resolution relating to the Investment Plans for interventions under 3 million euros throughout the regional territory, in line with the guidelines approved by the Regional Council in November".
Among the questions that will be presented by companies “Intervention Proposals” will be considered a priority which fall within the areas of specialization envisaged by the regional Smart Specialization Strategy (S3) (aimed at identifying territorial excellence in terms of research and innovation and identifying their growth potential) and the Proposals for Intervention under Priority 8 “Deep tech, digital and biotechnologies” and 9 “Clean Technologies” of the Sardinia Regional Program of the ERDF 2021-2027 (Step strategic intervention sectors).
The investment proposal can range from 3 to 25 million throughout the region and from 1,5 to 25 million in Sulcis Iglesiente.
It will be possible to invest in a new production unit, the expansion of production capacity, the reconversion of the activity (diversification of the Ateco activity code), the restructuring of the production unit (fundamental change or significant improvement) and for the acquisition of a production unit in a crisis area (excluding bankruptcy procedures).
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