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Incentives & Grants

Piemonte encourages and facilitates the arrival of new investments thanks to a rich financial support system.
The subsidy system in Piemonte focuses both on the start-up of new initiatives, and the development of existing companies. The subsidies, which can take the form of soft loans, non-repayable grants or free-of-charge guarantees, support companies according to the European regulation on state aid and can vary according to the type of beneficiary, the kind of investment and the nature of expenses.

Piemonte is the first Italian region to have created a dedicated financial tool for attracting and financing foreign companies willing to locate in Piemonte: the so-called Regional Investment Contract.

RP ERDF is one of the the main supports for Regione Piemonte's goals: to maintain and develop existing industrial companies, widen their investments on regional territory, attract new global players.

Incentives and grants designed to sustain local and external enterprises are a lot and they may change frequently. The following regional measures should always be checked with Regione Piemonte and Finpiemonte spa offices.

REGIONAL INVESTMENT CONTRACT – REGIONAL LAW N. 34/2004

Goals: the measure aims to encourage the arrival and development of foreign direct investment in Piemonte fostering the creation of new production plants, service centres, industrial research and experimental development projects.

Beneficiaries: big companies with a foreign shareholder or controlling shareholding

Advantages: free grants

Eligible initiatives: grants are given for new research and development projects and for new establishments in disadvantaged areas, both providing at least 15 new job opportunities.

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ACQUISITION OF CLOSING PLANTS - REGIONAL LAW 34/04

Goals: to foster acquisition of companies in crisis, closing or closed plants, maintaining at least 40% of employed workforce

Beneficiaries: SMEs and large companies

Advantages: non-repayable grants to foster material investments and workforce acquisition

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ENERGY EFFICIENCY AND RENEWABLE ENERGY IN ENTERPRISES - RP ERDF 21/27

Goals: to promote investments aimed at improving energy efficiency and using energy renewable sources in enterprises

Beneficiaries: large companies and SMEs

Advantages: soft loans, to cover up to 100% of eligible costs, and non-repayable grants

Eligible initiatives
Action II.2i.2 Energy efficiency in companies envisages 5 lines of action:
a) high efficiency cogeneration plants
b) rationalization of production cycles and efficient use of energy;
c) energy efficiency measures for company buildings;
d) installation of building automation systems connected to efficiency measures;
e) development of innovative processes aimed at saving energy, including the possible engineering of new efficient production lines

Action II.2.ii.2 Promotion of the use of renewable energy envisages 5 lines of action:
a) high-efficiency cogeneration plants, fueled by renewable sources;
b) installation of renewable source systems for the production of electricity through the exploitation of hydraulic and solar-photovoltaic energy;
c) installation of renewable source systems for the production of thermal energy through the exploitation of energy from geothermal, solar thermal or biomass;
d) production of green hydrogen from renewable electricity;
e) accumulation/storage systems for medium and small-sized energy produced.

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HUMAN RESOURCES: HIGH LEVEL TRAINING AND RESEARCH APPRENTICESHIP

Goals: funding is provided to education and training programmes which target youths and adults aged between 18 and 29 years old in order to obtain: Bachelor and Master Degree, First and Second Level Academic Diploma, Master of First and Second Level Education and Higher Education in Art, Music and Dance, PhD and Academic Diploma of Research Training, and research activities.

Beneficiaries: Universities, University Consortium that can award degrees, Higher Education Establishments in arts, music and dance recognized by the Ministry of Education, Universities and Research (MIUR)

Advantages: education and training programmes paid by Regione Piemonte

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