From March 24, applications for non-repayable contributions start. In the focus of this very important initiative there are young people and women.
It will be ad Invitalia that applications will have to be submitted. Young people and women are historically excluded in Italy from the business world and the business world, but with this tool things can change.
In fact, the world of Italian entrepreneurship it is a world of men and one that sees a truly reduced young team. This in addition to being a form of discrimination against young people and women is also an impoverishment for the country because the new generation and the whole female world are completely excluded from an important contribution they could make.
150 million of new funds
Hence the profound purpose of the new incentives for young people and women from the Mise. It was the budget law of 2022 that reloaded the named instrument by as much as 150 million euros “Over new zero-interest businesses”.
This tool is very important in government plans because it aims to try and fill that gap which imprisons young people and women in absurd subjection is wrong. The focus of this important measure is double. In fact this lost fund points both to the creation of new businesses but also to the strengthening of existing ones. The point, however, is that these companies are predominantly or completely characterized by a female presence or by a young presence up to 35 years.
Lost Fund of Value
We are talking about a non-repayable loan with a truly significant impact, but precisely, the condition is that the companies that benefit from it are actually young companies and female companies. The sectors can be many, from manufacturing, to tourism, to commerce, to services. But let’s see what these important grants cover. It is not only investments in machinery and production chains that are covered by these funds, but they are also a whole series of training programs and mentoring which can be useful for appropriating skills precious.
A mix of interventions
But the most interesting thing about this measure is that it is a mix of non-repayable contributions but also of highly subsidized and interest-free loans. These loans will have a maximum duration of ten years. As regards companies established for a maximum of 36 months, the subsidy is equal to 20% of the costs incurred. As for the companies set up by no more than 60 months, the discount will be equal to 15%.
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