This facility gives your nascent business the opportunity to finance up to 90% of the expenses incurred with a non-repayable contribution of up to 25% sme marketing grant. Your company can access two distinct lines of financing , with different spending programs and aid schemes depending on whether it has been established for no more than 3 years; or for at least 3 and no more than 5 years.
The differences between the two loans can be reduced to three points:
- available investments ( from 1.5 to 3 million );
- the share of non -repayable contributions ( from 15% to 20% );
- the admitted expense items that differ on the basis of the operation that the company has to carry out.
The incentive supports the birth and growth of businesses and non-profit initiatives in the tourism-cultural sector. Thanks to this measure you can jointly obtain:
- a subsidized interest-free loan, up to 40% of the admitted expenditure;
- a non-repayable grant of up to 40%.
In both cases, if a young entrepreneur or a young entrepreneur, in possession of the legality rating, you can request up to 45% of a grant. If, instead, you want to be a non-profit or nonprofit , you can get a grant of up to 80% of expenditure that you incurred.
The concessions to open a new business in the form of a startup, If your intention is to open an innovative business, know that you have many different financing opportunities available, in addition to those already mentioned above.
You can obtain different non -repayable loan formulas thanks to Smart and Start and Smart Money. Having said that, let’s analyze in the next paragraphs which concessions are designed specifically to finance startups.