Public Funding: July 2024 opportunities for Startups!

We continue with the third appointment of this monthly column, in which the Public Funding Department of Aiternalex intends to provide a series of subsidised and non-repayable finance instruments reserved for start-ups and aspiring entrepreneurs. 

In particular, we will firstly highlight measures that are close to expiry and for which it is still possible to apply at least one month from now.

Secondly, we will find measures without a deadline, but with a deadline when funds run out.

• Non-repayable financing to support the development of innovative start-ups – Emilia-Romagna Region

Expiring on 11 September, the grant provides for a non-repayable contribution of a maximum amount of EUR 150,000, equal to 40% of eligible expenditure.

Eligible companies are micro and small enterprises registered in the special section of the Company Register dedicated to innovative start-ups at the competent Chambers of Commerce in the Emilia-Romagna Region.

• Call for proposals Smart&Start VDA: non-repayable financing for the growth of new innovative start-ups that make productive use of research results – Valle d’Aosta Region

Expiring on 30 September, the grant provides for a non-repayable contribution of up to EUR 150,000, equal to 60% of the expenses for implementing the development plan.

Innovative start-ups and freelancers can benefit from it ‘as they are equated to SMEs as economic activity, and expressly identified as recipients of European funds’.

• Non-repayable financing for the support and growth of innovative startups – Piedmont Region.

Activated on July 15, and expiring on Dec. 17, the facility provides a non-repayable grant of between €150,000 and €500,000, depending on the capital strengthening operation deemed eligible.

Micro and small enterprises that qualify as innovative startups are eligible.

Calls for proposals expiring when funds are exhausted

• Bando Nuova Impresa 2024: Non-repayable financing for the start-up of new enterprises – Lombardy Region

Expiring while funds last, the grant provides for a maximum non-repayable contribution of EUR 10,000, with a minimum investment of EUR 3,000, and a maximum coverage of 50% of the project. 

Micro, small and medium-sized enterprises set up in Lombardy after 1 June 2023 and self-employed persons with individual VAT numbers are eligible.

• Bando Pre-Seed Plus: Non-repayable financing for the creation of innovative start-ups – Regione Lazio

Expiring when funds are exhausted, the grant provides for a minimum non-repayable contribution of EUR 10,000 and a maximum of EUR 30,000, increasable to EUR 60,000/100,000 if respectively more capital is contributed by third-party investors and research spin-offs.

Innovative start-ups set up no more than 24 months ago and with operational headquarters in Lazio, as well as aspiring entrepreneurs, are eligible.

• Women’s Enterprise Fund (FIF) – Low-interest financing and grant for women’s business start-ups – Region of Calabria

Activated on July 8, and expiring when funds are exhausted, the facility provides for a maximum total financing of 62,500 euros, divided into zero-interest financing in the maximum amount of 32,500 euros, and a non-repayable grant in the maximum amount of 30,000 euros.

Eligible beneficiaries are Women’s Enterprises established for less than 12 months, or yet to be established, which have in their corporate structure at least one person with the status of unemployed, unemployable, disabled or at risk of discrimination.

For information on all types of eligible interventions of the above-mentioned measures, and for assistance in compiling and submitting applications, please contact us!