SIMEST subsidized financing: a new opportunity for businesses!

Capitalization of exporting SMEs Dedicated to Italian SMEs and Mid Caps, with at least two complete balance sheets and which have achieved exports equal to at least 20% of turnover in the last two years or 35% in the last year. Companies are asked to improve, after two years, their capitalization index and export share.

Participation in fairs and exhibitions Dedicated to all companies, individually or in aggregate, with at least a complete balance sheet. The application for subsidized financing must concern a single initiative in a single foreign country or in Italy for trade fairs or international promotional events. Expenses for exhibition area, logistical expenses, promotional expenses and expenses for consultancy related to participation in fairs/exhibitions in EU and non-EU countries whose start date is after the submission of the application are allowed.

Programs for entering EU and non-EU markets Dedicated to all companies, in single or aggregate form with at least two complete financial statements. Admitted expenses for the construction of an office, showroom, shop, warehouse or corner or after-sales assistance center in an EU and non-EU country and related promotional activities.

Temporary Export Manager Dedicated to all joint-stock companies with at least two complete balance sheets. Expenses allowed for the temporary inclusion of specialized professional figures in the company (Temporary Export Manager, Digital Marketing Manager) intended for the international development of the company (maximum 3 foreign countries). The financing can cover up to 100% of the budgeted expenses, up to a maximum of 15% of the average revenues resulting from the last two approved and filed financial statements.

E-Commerce Dedicated to all joint-stock companies with at least two complete balance sheets. Eligible expenses relating to solutions to be created according to two alternative methods: a) directly create an IT platform aimed at electronic commerce; b) use a marketplace aimed at electronic commerce provided by third parties. Both solutions must have a national top-level domain registered in the destination country and must concern goods and/or services produced in Italy or distributed under an Italian brand.

Feasibility studies Dedicated to all companies, in single or aggregate form with at least two financial statements relating to two complete financial years. Expenses for personnel (max 15%), travel and accommodation for the preparation of feasibility studies linked to productive or commercial investments in non-EU countries are allowed (they must concern a single initiative to be carried out in a single country). The financing can cover up to 100% of the amount of budgeted expenses, up to 15% of the average turnover of the last two years.

Training and technical assistance programs Dedicated to all companies, in single or aggregate form with at least two complete financial statements. Admitted expenses for personnel, travel, accommodation and consultancy, incurred for the start-up of a training program for operational personnel abroad. Maximum financeable amount €300,000.00 for intended technical assistancethe training of on-site staff following the realization of an investment by the company and €100,000 for after-sales technical assistance linked to a supply contract.

Further information is available at https://www.simest.it/finanziamenti-agevolati