Bonus

Innovation, applications start for 730 million incentives

Applications from tomorrow to 18 February in eight sectors, from cars to tlc. MIM's Faq: no cumulation with state aid

by Carmine Fotina

(Adobe Stock)

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

While waiting for the Transition 5.0 plan to become operational, the date to be circled in red for companies is tomorrow 14 January.

The window for submitting applications for the new round of subsidies under the Innovation Agreements will open at 10am. A total of EUR 731 million is available and the online application window will close at 6pm on 18 February.

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This is one of the main industrial policy measures expected in 2026, aimed at providing incentives for research and development projects with a significant technological impact. In particular, EUR 530 million will go to projects in the areas of automotive and transport; advanced materials; robotics; semiconductors; EUR 161 million to the areas of quantum technologies, tlc networks and submarine cables; EUR 40 million to initiatives in the field of virtual and augmented reality. A share of 34% of the total endowment is reserved for projects carried out in the Mezzogiorno but, if it is not used up, it may come back into play for the other regions.

The audience and the questions

Eligible are companies of any size with at least two approved balance sheets at the time the application is submitted, including artisan companies; research centres and, limited to the quantum, tlc, cable and virtual and augmented reality areas, also service companies. Also eligible are partnerships in ordinary accounting, with data referring to the last two tax returns submitted. Projects may also be submitted jointly, including with research organisations, up to a maximum of five co-proponents.

The application for aid and the attached documentation must be prepared and submitted using only the procedure available on the website of the managing entity Mediocredito Centrale (https://fondocrescitasostenibile.mcc.it). In the event that the preliminary assessments are concluded with a positive outcome, the Innovation Agreement will be drawn up between the Ministry, the proposing entities and any public administrations, such as the Regions, that intend to co-finance the intervention.

Projects

The projects, concerning industrial research and experimental development activities, must provide for expenses and eligible costs of between EUR 5 and 40 million, have a duration of between 18 months and 36 months, and must be launched after the submission of the application. The subsidies are granted in the form of a direct contribution to expenditure and, on request, subsidised financing, within the limits of maximum aid intensities calculated on total eligible costs and expenditure and differentiated according to the size of the proposing entity: 45% for small enterprises, 35% for medium-sized enterprises and 25% for large enterprises. A 15% bonus is envisaged if at least one of three conditions concerning the presence of SMEs, full implementation of the project in the Mezzogiorno, and the role of research organisations is met.

The Faq

The latest Faq (frequently asked questions) published by the Ministry of Enterprise and Made in Italy, which is coordinating the instrument, contains several useful elements. The measure cannot be cumulated with other state aid, while with facilities that do not fall into this category, cumulation is allowed within the overall limit of the expenses and costs incurred.

An applicant may not be the lead partner of more than one project. Each company that is part of a corporate grouping may submit its own application and associated or affiliated companies may submit a joint project. The latter may be realised through collaborative contractual forms such as a temporary association of purpose or temporary grouping of enterprises. It is then clarified that the start date of the research project is defined as the date of the first legally binding commitment to order equipment or any other commitment that makes the investment irreversible, or the date on which in-house personnel start work, whichever comes first.

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