The (R)esisto Fund, grants for companies and self-employed workers

Here comes the support of the Region for the loss of turnover caused by Covid. The help of the Agency

The Region of Sardinia has approved the terms of access to the (R)esisto Fund, which provides direct grants to businesses and self-employed workers in Sardinia who have suffered a loss of turnover due to Covid-19. The Fund, established by Regional Law number 22 of 2020, provides support for three categories: micro, small and medium-sized enterprises; workers with a VAT number; large enterprises. The application for aid must be submitted from February 8 to February 22, 2021. The Agency of Cipnes, in Olbia, is available to entrepreneurs to provide support and information on technical and regulatory aspects of the Fund.

Micro, small and medium enterprises. The beneficiaries are micro, small and medium-sized enterprises, with at least one employee, which in the period between March 1, 2020 and June 30, 2020 have suffered a loss of at least 30% of turnover compared to the same period of the year 2019 and have maintained at least 40% of employees and staff in service compared to the same period of the year 2019 in terms of Annual Work Units (AWU). Grants will be awarded on the basis of the annual labor cost, as reflected in the 2020 Single Certification, for 30% of the annual labor cost in the case of micro enterprises, 20% in the case of small enterprises, and 15% in the case of medium-sized enterprises. In all cases the aid granted cannot exceed the amount of 500,000 euros per individual company.

Target sectors. Companies that may apply for subsidies must operate in the following production sectors: agri-food sector, craft, tourist and cultural industry; knowledge sector, technological innovation, mechatronics and artificial intelligence; traditional chemical industry sector and non-ferrous metallurgy; construction sector for the implementation of a plan for public infrastructure and maintenance as well as for energy, aesthetic and functional upgrading of public and private real estate, transport sector.

Self-employed workers and professionals. Eligible for grants are workers with VAT registration number resident in Sardinia and owners of companies without employees with operational headquarters in Sardinia. The subsidy corresponds to 30% of annual taxable income, and in any case does not exceed 30% of the maximum amount of the 1st income bracket.

Large tourism enterprises. Large enterprises operating in the tourism sector are entitled to the subsidies, for which the contribution is admitted up to 60% of the gross monthly salary of the beneficiary personnel or in force at the enterprise on March 11, 2020. The wage payment subsidy is granted for a period not to exceed twelve months from March 1, 2020 for employees who would otherwise have been laid off as a result of the suspension or reduction of business operations due to Covid-19 and provided that the benefiting personnel continue to perform work on a continuous basis throughout the period for which aid is granted. The aid is granted up to an amount of 1 million per individual company.



Sardinian companies focus on web and social for the post-Covid era

Istat survey on business behavior, in 2021 the use of digital technology will increase

The Istat Institute is periodically analyzing the impact of Covid-19 on the manufacturing system and is rapidly producing reports. The latest one covers a time period between October and November 2020, and provides very valuable insight regarding the 2021 outlook for companies. Cipnes consulted the dossiers and produced this analysis on the digital use of Sardinian companies compared to the national average. The behavior of Sardinian companies is substantially in line with the national one during the emergency. However, with respect to the projects for 2021, Sardinian entrepreneurs intend to focus on web and social media more decisively than their colleagues in the Peninsula. They will open a website 8% of them (against the Italian average of 45) and social channels 6% (against 4%). Let's see the report in detail.

Internet connection through fiber optic ultra-wideband. Already present before the emergency: 10,582 Sardinian companies equal to 45% (national average of 45.5%). Improved following the emergency: 632 companies equal to 2.7% (national average of 4%). Introduced following the emergency: 350 companies equal to 1.5% (national average 1.5%). Planned for next year: 2262 companies equal to 9.6% (national average 6.5%). Not planned: 8736 companies equal to 36% (national average 41%).

Company website. Already present before the emergency: 8662 companies in Sardinia equal to 36.8% (national average 40.1%). Improved following the emergency: 885 companies equal to 3.8% (national average 6.5%). Introduced following the emergency: 442 companies equal to 1.9% (national average 1.4%). Expected in the coming year: 1980 equal to 8.4% (national average 4.3)%. Not expected: 10597 companies equal to 45% (national average 46%).

Presence on social channels. Already present before the emergency: 5930 companies in Sardinia equal to 25.2% (national average 21.8%). Improved following the emergency: 2020 companies equal to 8.6% (national average 9.2%). Introduced as a result of the emergency: 735 companies equivalent to 3.1% (national average 3.3). Planned for next year: 1488 companies equivalent to 6.3% (national average 4.3%). Not planned: 12391 companies or 52.7% (national average 59.7%).

Infrastructure and hardware for remote work (cloud). Already present before the emergency: 1987 Sardinian companies equal to 8.4% (national average 9.6%). Improved following the emergency: 1124 companies equal to 4.8% (national average of 7.9%). Introduced following the emergency: 850 companies equal to 3.6% (national average 5.8). Expected in the coming year: 1363 companies equal to 5.8% (national average 3.4%). Not planned: 17241 companies equal to 73.3% (national average 71.6%).

Smartworking equipment. Already present before the emergency: 2101 companies in Sardinia equal to 8.9% (national average 10.1%). Improved following the emergency: 1350 companies equal to 5.7% (national average 7.1%). Introduced following the emergency: 889 companies equivalent to 3.8% (national average 6.2%). Expected in the coming year: 1497 companies equal to 6.4% (national average 4.6%). Not planned: 16728 companies, equal to 71.1% (national average 70%).

Direct sales through their own website (e-commerce). Already present before the emergency: 2408 Sardinian companies equal to 10.2% (national average of 9%). Improved following the emergency: 518 companies equal to 2.2% (national average of 2.5%). Introduced following the emergency: 302 companies equivalent to 1.3% (national average 1.4%). Expected in the coming year: 1475 companies equivalent to 6.3% (national average 4.2%). Not expected: 17862 companies or 75.9% (national average 81.2%).

Sales through direct communications (email, Facebook, Instagram). Already present before the emergency: 3744 companies in Sardinia equal to 16% (national average 15.4%). Improved following the emergency: 1304 companies equal to 5.5% (national average of 6%). Introduced following the emergency: 769 companies equal to 3.3% (national average 3%). Expected in the coming year: 1192 companies equal to 5.1% (national average 3%). Not planned: 15526 companies equal to 66% (national average 70.9%).

Sales through digital platforms (Amazon, Ebay). Already present before the emergency: 852 companies in Sardinia equal to 3.6% (national average 2.7%). Improved following the emergency: 175 companies equal to 0.7% (national average 1%). Introduced as a result of the emergency: 202 companies equivalent to 0.9% (national average 0.8%). Expected in the coming year: 562 companies equivalent to 2.4% (national average 2%). Not expected: 20774 companies equal to 88.3% (national average 91.9%).

Here is the link to the full ISTAT report:


New continuity for the Olbia-Civitavecchia line

The ministry has published the requirements to obtain the service starting April 1

The Ministry of Transport has published the notice with which it initiates the procedure for the new maritime territorial continuity on the Civitavecchia-Olbia route, previously extended until February 28. The notice is addressed to all "shipowners interested in the execution of the public service, both for people and goods, in the period between October 1 and May 31 of each year as a condition to operate also in the period between June 1 and September 30 of each year". Expressions of interest must be submitted by February 25.

The start of operations of the territorial continuity service - it is written in the notice - will take place on "April 1, 2021 for a duration of at least 24 months". The connection between Civitavecchia and Olbia "will have to be daily in the period between October 1 and May 31" and the "trip must be made at night".

The connections will have to be operated with "naval units, declared suitable to the service, of which the enterprise of navigation has based on valid legal title (property, charter or other contractual title) - it is always written in the notice of the ministry -. The naval units to employ for the development of the public service must be "of class "A" and type Tr (ro-ro) TP" with age not superior to 20 years". They will have to have a "passenger transport capacity expressed in fixed places not less than 600 persons, of which 400 in berth" and a "capacity trailers-auto transport minimum of 820 vehicles and 900 linear meters of lane for heavy vehicles".


Sardinian companies, 4% will not reopen in 2021

Percentage higher than the national average. Low recourse to smart working

To measure the negative effects of Covid on the Italian economy, Istat is continuously analyzing companies. In a well-documented report recently released, the statistics institute recorded the state of business activity of companies in November 2020 (closed, open, partially open), the use of smart working and, above all, the forecast for 2021 (growth or decline in turnover). It emerged that companies in Sardinia have a higher percentage of potential closures (4% against a national average of 1.7% at the end of 2020), have recorded a larger drop in turnover (4% against a national average of 1.9%) with a higher peak for those that also work in the tourism sector (-32% drop against - 29% nationally) and will also record a negative one until February 2021 (4.8% against 3.2%). On the smart working front, Sardinian companies are a little behind: 7.1% have resorted to it compared to 11.1% of the national average. As far as the request for financing is concerned, Sardinian companies have requested those with a public guarantee more significantly than the national average (42.3% against 37.7%). Below - reworked at Cipnes Gallura - are all the data from the ISTAT survey, useful for understanding the outlook for Sardinia's economy and labor market.

IMPACT OF COVID. State of the enterprise as of November 2020. Totally open: 15,447 Sardinian companies, equal to 65.6% (national average of 68.9%). Partially open: 5804, equal to 24.6% (national average of 23.9%). Closed but plans to reopen: 1314 companies, equal to 5.5% (national average of 5.4%). Closed and do not plan to reopen: 961 companies, or 4% (national average of 1.7%).

Percentage in turnover in June-October 2020 compared to June-October 2019. No turnover achieved: 933 Sardinian companies, equal to 4% (national average of 1.9%). Shrunk more than 50%: 3684 companies, or 15.7% (national average 13.65%). Reduced between 10 and 50%: 10912 companies, or 46.4% (national average of 46.45). Reduced by less than 10%: 1517 companies, equal to 6.5% (national average of 9.5%). Turnover was unchanged: 4631 companies, or 19.7% (national average of 19.9%). It increased less than 10%: 730 companies, or 3.1% (national average of 3.8%). Increased more than 10%: 1119 firms, or 4.8% (national average of 6%).

Reasons for the decline in turnover. For the drop in demand as a result of restrictions: 9826 companies in Sardinia, equal to 41.8% (national average of 41.4%). For the decline in domestic demand for goods or services (including tourism demand): 7698 companies, or 32.7% (national average of 29%). For the decline in demand from abroad for goods or services (including tourism demand): 2147 firms, or 9.1% (national average of 9.7%).

Projected change in turnover in December 2020-February 2021 compared to December 2019-February 2020. Will not be achieved turnover: 1121 Sardinian companies, or 4.8% (national average of 3.2%). Will decrease more than 50%: 3759 companies, or 16% (national average of 14.8%). Will decrease between 10% and 50%: 8569 firms, or 36.4% (national average of 39.4%). Will decrease less than 10%: 1499 firms, or 6.4% (national average of 6.3%). Will remain essentially unchanged: 3019 firms, or 12.8% (national average of 14.8%). Will increase by up to 10%: 204 firms, or 0.9% (national average of 1.4%). Will increase more than 10%: 284 firms, or 1.2% (national average of 0.9%).

STAFF MANAGEMENT MEASURES FROM JUNE 2020 TO NOVEMBER 2020. Smart working: 1661 companies in Sardinia, equal to 7.1% (national average of 11.1%). Reduction in hours: 4987 companies, equal to 21.2% (national average of 22.2%). Increase in hours: 580 companies, equivalent to 2.5% (national average of 1.7%). Use of redundancy fund: 9378 companies, equal to 39.9% (national average 41.1%). Compulsory vacations: 4703 companies, equal to 20% (national average 21%). Reduction in fixed-term staff (contracts not extended): 2616 companies, equal to 11.1% (national average of 7.4%). Reduction in permanent staff (layoffs): 350 companies, equal to 1.5% (national average of 1.3%). Postponement of planned recruitment: 4242 companies, equal to 18% (national average 12.5%). Recruitment of new personnel: 894 companies, equal to 3.8% (national average 4.2%). Additional staff training: 6210 companies, equal to 14.2% (national average 13.1%).

SMART WORKING EFFECTS. Labor productivity. Increase: 92 Sardinian companies, equal to 0.4% (national average of 1%). No effect: 1140 companies, equal to 4.9% (national average of 6.9%), Decrease: 429 companies, equal to 1.8% (national average of 3.2%). Operating Costs. Increase: 396 companies, or 1.7% (national average of 2.4%). No effect: 1072 companies, equal to 4.6% (national average of 7%). Decrease: 193 firms, or 0.8% (national average of 1.7%).

FINANCING. Use of liquid assets on the balance sheet (bank deposits): 6667 companies in Sardinia, equal to 28.3% (national average of 24.8%). Use of non-liquid assets (sale of real estate or capital goods): 405 companies, equal to 1.7% (national average of 1.4%). Use of available margins on credit lines: 4185 companies, or 17.8% (national average of 18%). Changes in payment terms with customers: 1825 companies, or 7.8% (national average of 8.3%). Changes in payment terms with suppliers: 4746 companies, equal to 20.2% (national average of 19.2%). Acquisition of new bank debt (including public guarantees): 9185 companies, equal to 39% (national average of 35.4%). Use of alternative instruments to bank debt (bonds): 409 companies, equal to 1.7% (national average of 1.2%). Capital increase by ownership: 463 companies, equal to 2% (national average of 2.9%). Capital increase by outside lenders: 150 companies, or 0.6% (national average of 0.1%). Firms applying for loans backed by government guarantees from June to November 2020: 9944 firms, or 42.3% (national average of 37.7%).

Here is the link to the full ISTAT report:

Staff training , the public contributions are coming

730 million from the new competences Fund are available to the enterprisesù

The "New Skills Fund" is operational, the tool designed to support with public funds companies that want to train their staff and adapt their organizational models to deal with the Covid-19 emergency. Established with the Relaunch Decree, it has an endowment of 730 million and its management is entrusted to ANPAL. The Support for Companies and Territorial Development division of Cipnes is available to entrepreneurs to provide information and help on the technical aspects to submit the application.

The ANPAL has published the notice for the acknowledgement of financial contributions in favor of all private employers who have stipulated, for changed organizational and productive needs of the company or to encourage paths of relocation of workers, collective agreements for the remodeling of working hours for paths of development of the skills of workers by December 31, 2020, signed at the corporate or territorial level by associations of employers and workers comparatively more representative at the national level, or by their trade union representatives operating in the company.

The training courses can be provided by accredited bodies (private entities, universities, secondary education institutes of the second degree, adult education centers, higher technical institutes, research centers accredited by the Ministry of Education) or organized independently by the company that has applied for the contribution (if provided for by the trade union agreement).

The application for recognition of contribution, referring to the share of salary and hourly contribution up to a maximum of 250 hours per worker and must be sent electronically to ANPAL. The procedure for evaluating applications is done according to the chronological criterion, taking into account the completeness of the documentation. The ANPAL, following any positive assessment, communicates the approval of training courses and provides the contribution through the mechanism of the contribution relief operated by the Inps and covers the cost of staff related to hours of attendance of the development of skills established by collective agreements. The validated training courses must necessarily be carried out within 90 days of approval of the application.

Hirings in Sardinia, in January drop of 27%.
The monthly report of Unioncamere on contracts expected by companies

Italian companies estimate to sign 346 thousand contracts in January, 25% less than budgeted for January 2020. Between January and March, new contracts will decline by 23% compared to the same quarter of 2020. This is the analysis of the monthly Bulletin Excelsior made by Unioncamere and Anpal agencies; the forecasts are based on interviews conducted in the first week of December on a sample of about 108 thousand companies with employees.

Forecasts for Sardinia are worse. Sardinian companies expect to activate 5800 contracts in January (almost 27% less than in January 2020) and 16,500 contracts between January and March (26.% less than in January-March 2020).

67% of the new contracts expected in Sardinia will be in services, 33% in industry. At the provincial level, companies in the old province of Sassari, within which there is Gallura, expect to activate 1500 contracts, almost 26% of the regional total. 36% of recruitment by companies in Sassari will involve skilled workers, just over 33% clerical and sales staff, and just over 21% managers, professionals and skilled technicians.

On a national level, the first signs of growth came from construction (+2.6% of contracts in January and +13.3% in the quarter) and IT and telecommunications services (+4.0% in the quarter). Technical profiles become the first professional category by demand (71 thousand contracts in January). Intellectual, scientific and highly specialized professions underwent a limited decrease (-12.4%) as well as specialized workers (-14.9%). Among the most sought-after figures are specialists in mathematical, computer, chemical, physical and natural sciences (9 thousand contracts to be stipulated in January, 52.6% more than last year). Many figures are linked to the digitalization of companies. For the recovery after the pandemic, profiles are needed that in Italy, however, are scarce: according to the analysis of Unioncamere, companies are difficult to find 43% of intellectual, scientific and highly specialized professions, 43.5% of technical professions and 43.6% of skilled workers.

In numerical terms, in January the most sought-after figures by companies were salespeople, cleaners and restaurant workers; those that are most difficult to find, due to a lack of figures on the market, are foundrymen and welders, shippers, sales representatives, insurers, blacksmiths and beauticians.


The old port of Olbia becomes completely touristic

Presented the project of the Port System Authority of the Sea of Sardinia

The inner harbour of Olbia - identified with the Brin pier, the old pier and the Bosazza dock - will become completely touristic, therefore open only to pleasure boats. The project for its realization - called Technical Functional Adjustment of the master plan - is carried out by the Port System Authority of the Sea of Sardinia (the former Port Authority), owner of the areas, and will involve an investment of over one million euros.

On December 22, 2020, the president of the Authority, Massimo Deiana, sent the notice of the Technical Adjustment to the municipality of Olbia for "the acquisition of the declaration of non-contradiction with the existing urban planning instruments and with the adopted Puc, preparatory to adoption by the Port Management Committee and for subsequent forwarding to the Higher Council of Public Works for the respective opinion of competence". Once the go-ahead is obtained, the works will start.

"The exigency to proceed to the extension of the nautical function from leisure, already present in the northern portion of the Brin Pier, also to the southern portion of the same and to the docks of the Old Pier is born from the will to remedy a situation that sees such areas used from 20 years for the seasonal and occasional mooring of pleasure boats - explains the Authority -. In the development strategy of the south quay of the Brin Pier and the eastern quay of the Molo Vecchio, also the former Mameli workshop building, now abandoned and in a bad state of preservation, will be used for port services related to pleasure boating".

For the southern quay of Molo Brin (305 meters long and 61 meters wide) and for the eastern quay of Molo Vecchio (73 meters wide and 130 meters long) it is foreseen the realization - similarly to the other quay of Molo Brin already used for the mooring of pleasure boats - of a wooden gangway equipped with all the necessary fittings to allow the mooring with the "pendino" system of pleasure boats (bollards, rings, dead bodies, catenary, mooring traps and pendulum) and the realization of all the technical systems (water and fire fighting, electrical and lighting) and of the related dispensers (service columns). It is also foreseen the realization of a system for the suction of the black waters of the boats that will be placed near the head of the pier Brin.

For the restoration of the building of the former Mameli Workshops, the demolition and the complete reconstruction of the plasters, both inside and outside, of the internal walls and of the floors, of all the plants, of the roofing (including the waterproofing), of the internal and external painting and of all the fixtures and windows.

The areas of the Bosazza dock, with a width of 26 meters and with side docks 66 meters long (the eastern one) and 58 meters long (the western one), will be destined to receive police patrol boats, small boats and recreational boats.

The Authority of the Port System of the Sea of Sardinia points out that - Waiting for the completion of the design process for the drafting of the new Master Plan of the port of Olbia - the current allocation of areas to commercial traffic is in contrast both with the planning of the City of Olbia (the Puc indicates those areas for recreational tourism), both with the development strategies of the port complex of Olbia that have promoted the transfer of all commercial traffic in the industrial port of Cocciani of Cipnes Gallura.

With the new project - explains the Authority - "not only does it eliminate the risk that a possible restoration of commercial traffic in this portion of the pier could lead to an increase in possible environmental loads, but it also contributes to the strategies of municipal development, interpreted by the Puc, to create a hinge of the portion of competence of the Authority with the city waterfront to which it is perfectly grafted.

The technical-functional adaptation of the Brin dock and the Old dock - the Authority always clarifies - can be considered fully compatible also with the strategies of the Port Development Plan, which is a "programming instrument that defines the ambit and the arrangement of the port, the areas destined to the different activities that take place inside it and the infrastructures at the service of the port activity and that plans the amplitudes of the water surfaces and the dispositions of docks and yards, taking into account the contingent necessities in the moment of the drawing up of the plan and those reasonably predictable in the future".

Geovillage bound to hotel and sports use

The transcription note of April 2000 to guarantee the future of the complex

The deadline is March 1, 2021 to submit the expression of interest for the assets of the Geovillage made in the areas sold in 2000 to the company "Sviluppo Olbia Spa", currently in bankruptcy, and for which the Cipnes Gallura has initiated the procedure for the subsequent re-assignment. These include a hotel, a clubhouse, two swimming pools, a sports hall, tennis courts and soccer pitches. The assets will be reassigned by the CIPNES to a new investor after a competitive selection procedure and are bound to be used for tourism, hotel and sports purposes.

The purpose of the Consortium is to ensure, in line with its institutional mission, a useful and solid business management not seasonal but continuous for the entire annual period with adequate quality standards of the settlement of Geovillage.

This is according to a transcription note registered at the Revenue Office on April 10, 2000, with which the purchaser undertakes to use the area of the Geovillage for the "realization of a receptive complex, a congress center and a sports center", and with which it is prescribed that "it is not permitted for the purchasing party to assign (even partially) or in any way substitute itself in the enjoyment of the property purchased, without the prior express written consent of the Consortium with which, in order to guarantee the industrial destination of the property and its technical and financial capacity, the incoming company shall establish new relations on the same basis, including economic, as those contained in this contract". Specifically, these are the assets subject to reacquisition by Cipnes.

Hotel. It consists of three floors, plus a basement for the garage. The second floor consists of a lobby, 19 rooms, restaurant, bar, conference center, playroom, stores and administrative offices. The second floor consists of 68 rooms. The third floor consists of 70 rooms. Altogether there are 157 rooms. There is a swimming pool and a bar at its service.

Club House. It consists of several floors. The basement, divided into two bodies, consists of warehouses, warehouse, dressing rooms. The ground floor consists of restaurant, fitness room, water-massage area, offices, porches, patios, wooden walkway. The second floor consists of 34 rooms.

Pool. The area consists of two swimming pools, one indoor, the other outdoor.

Sports hall, tennis courts and soccer fields. The assets consist of the sports hall, plus the annexed services, the tennis courts - some in earth, others in GreenSet - and the 8 a and 11 a soccer fields.

Expressions of interest for the Geovillage complex must be received by Cipnes Gallura by March 1, 2021 via pec at This email address is being protected from spambots. You need JavaScript enabled to view it..

Here all the documentation

Non-repayable subsidies for road hauliers

From the Region an aid for the decrease of the turnover in the connections with the Peninsula

The Regional Transport Department has approved a notice for the granting of non-repayable subsidies to Sardinian hauliers whose goods handling activities are developed in connections to and from Sardinia and who have recorded losses between March 1 and June 30 of 2020 compared to the same period in the previous three years. The measure intends to compensate the block of services imposed by the measures of containment of Covid and applications for aid may be submitted from January 18 to February 20. The Cipnes Gallura Agency, in whose production district logistics companies weigh 8%, the second highest share, is available to entrepreneurs to provide support and assistance.

Let's look at some of the requirements needed to apply for subsidies, based on Article 34 of Regional Law 22/2020. Companies must be duly established and registered in the register of companies; be enrolled in the national register of hauliers; have at least one operational headquarters in Sardinia and carry out activities in the connections to and from Sardinia; have produced revenues from sales or services in the three years preceding the year 2020; not have been recipients, in the three years preceding the submission of the application for subsidies, of measures of total revocation of subsidies granted by the Sardinia Region.

The subsidies will be related to the number of total empty boarded vehicles, exceeding the average of the previous three years for the same period of observation, for which the subsidy can be requested. The previous three-year period coincides with the three-year period 2017-2019; the observation period in which the imbalance occurred: four-month period March 1-June 30, 2020; the average rate recognized for empty boarded vehicles equal to 350 euros.

The facility may be requested under the "de minimis" provisions of the EU regulation or under the European Commission's temporary aid framework regime; the former is linked to the threshold for the three-year period of reference for a maximum amount of 100 thousand euros, the latter for a maximum threshold of 800 thousand euros, within the period of validity currently set at June 30, 2021.

For the purposes of the admissibility of the application, the proposing company must make use of the SIPES computer system of the Sardinia Region accessible at the following address , without prejudice to the possibility of forwarding the application by pec to the following addresses This email address is being protected from spambots. You need JavaScript enabled to view it. or This email address is being protected from spambots. You need JavaScript enabled to view it. only in the event of a proven inefficiency that makes it impossible to use the SIPES computer system.

Recovery Plan, 27 billion for companies

Planned investments for SMEs and digitalization

The Italian Plan for the recovery of the economy, called Next Generation Italy and to be implemented from 2021 to 2026, will have an endowment of 196.5 billion coming from the European Union in the form of loans and grants, according to the draft to be voted tonight in the Council of Ministers. For companies - under the heading of Digitization, innovation, competitiveness of the production system - will be allocated 26.7 billion, of which 19 billion for Transition 4.0, 4.2 billion for ultra-wideband and 5G, 3.3 billion for fast connections and 2 billion industrial policies of supply chain and internationalization.
For the business system, for which incentives are provided to facilitate the digital and green transition, the Plan provides to "stimulate the demand for private investment in capital goods to encourage both the digital transformation of enterprises and the necessary modernization of machinery and equipment with a view to production and energy efficiency" and "support innovative products and processes through a measure dedicated to research and development activities that lead to the adoption of new solutions for the sector or market of reference."

"The new project Transition 4.0 provides multi-year measures to facilitate the planning of investment strategies of companies - it is written in the draft of the Italian Plan - Introduces significant enhancements, both in terms of rates and ceilings of benefits, both in terms of simplification and acceleration of procedures for the provision of the tax advantage. The extension of eligible investments, which from 2021 include a wider range of intangible capital goods, should allow for greater involvement of small businesses".
The project is based on a tax credit articulated for expenses in capital goods (tangible and intangible 4.0), and for investments in research and development, as well as in innovation and development processes oriented to environmental sustainability and digital evolution.
Also in favor of small businesses, the plan provides for a wider pool of intangible capital goods eligible for subsidies and simplified and accelerated mechanisms for the compensation of benefits accrued for companies with annual turnover of less than 5 million euros. The possibility of immediate access to credit could encourage greater investment by SMEs.
Specific funding of 180 million euros is allocated to digital infrastructure for agro-food sectors in southern regions.