(Finance) – In support of female entrepreneurshipand the Ministry of Economic Development refinanced with 200 million euros the subsidy measures for ON companies (Beyond New Businesses at zero interest rates), to support the creation of small and medium-sized enterprises and self-employed businesses, and Smart & Startto support innovative startups and SMEs, allocating for each line of intervention 100 million euros.
This completes the framework of interventions provided by the minister Giancarlo Giorgetti as part of the National Recovery and Resilience Plan, which allocated a total amount of 400 million euros.
With the circular published today on Put provides that, using these resources, applications for the facilities provided by the ON and Smart & Start companies can be presented. It will also be possible to finance the projects already presented from 1 February 2020 which comply with the requirements indicated by the PNRR.
For the measures ON and Smart & Start companies concessions are provided with interest-free loans and non-repayable grants.
With regard to the Women’s Business Fund, on 19 May at 10 am, it will also be open online counter for the submission of incentive applications relating to new companies or established less than 12 months.