Government replenishes the New Sabatini with 1.7 billion euros
28/01/2025
The New Sabatini is a government incentive that provides subsidized loans to small and medium-sized enterprises (SMEs) for the purchase of new machinery, equipment, and software. The incentive was first introduced in 2014 and has been very popular with SMEs, with over 100,000 loans approved to date.
In the 2023 budget, the government announced that it would replenish the New Sabatini with 1.7 billion euros. This will allow the incentive to continue to provide support to SMEs for the purchase of new equipment.
The replenishment of the New Sabatini is good news for SMEs, as it will help them to invest in new equipment and improve their productivity. The incentive is also expected to boost economic growth, as it will lead to increased investment in the manufacturing sector.
The New Sabatini is a valuable incentive for SMEs, and the government’s decision to replenish it is a positive step. The incentive will help SMEs to invest in new equipment, improve their productivity, and boost economic growth.
Key features of the New Sabatini
- The New Sabatini provides subsidized loans to SMEs for the purchase of new machinery, equipment, and software.
- The loans are available for a maximum of 10 years, with interest rates starting at 0%.
- The amount of the loan can be up to 100% of the cost of the equipment.
- The incentive is available to SMEs with annual revenues of up to 5 million euros.
How to apply for the New Sabatini
SMEs can apply for the New Sabatini through their bank or financial institution. The application process is relatively simple, and the decision on whether to approve the loan is usually made within a few weeks.
Additional information
For more information on the New Sabatini, please visit the website of the Ministry of Economic Development.
Contact
If you have any questions about the New Sabatini, please contact the Ministry of Economic Development at:
- Tel: +39 06 47051
- Email: info@mise.gov.it
Nuova Sabatini, rifinanziamento per 1,7 miliardi euro
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