We finance programs and activities that have a significant impact on the competitiveness of the country's production system
The operations are implemented thanks to specific tenders approved by the Ministry of Economic Development – MiSE:
CDP Resources: 905 million euros, for subsidised loans
Financing quota: Up to 90% of the total loan is granted by CDP at a subsidised rate and, the remaining part is granted by the bank at the market rate.
The subsidised loan can be requested for an amount between 50% and 70% of the eligible expenses.
Rate: The subsidised rate applied to the quota of the loan granted by the CDP is equal to 0.20% of the reference rate in force at the date that the loan is granted, this is set based on rates established by the European Commission and published on the website. The subsidised rate cannot be lower than the nominal 0.80% per annum. The rate applied to the bank loan is agreed with the beneficiary entity, taking the trend in market rates into account.
Duration: The loan may have a duration of between 4 and 11 years, including a pre-amortisation period of a maximum of 3 years, running from the date that the loan is granted. The duration of the amortisation period of loan cannot exceed 8 years.
Applications for the subsidy must be submitted through the website of the managing subject appointed by the Ministry of Economic Development (MiSE), subject to obtaining a creditworthiness certificate issued by one of the financing banks adhering to the subsidy scheme (see list in the "Related documents” section)
The call for submitting applications for incentives will be opened again starting from 26 November 2019. The arrangement of the applications can be carried out by the proponents, through the IT platform of the Managing Authority starting from 10.00 on October 10, 2019.
Applications for concessions for the FRI funding of large R&D projects, referred to in the ministerial decree of 2 August 2019, were suspended on 9 March 2020 at 10.00 am, as all funding had been allocated.
For further information:
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We offer subsidised loans, together with the banking system, to support companies and investments in research