Italian Government Allocates €500 Million for Development Contracts in Green and Digital Technologies
Rome, Italy – December 30, 2024
The Italian government has approved a €500 million fund for development contracts in green and digital technologies, aiming to boost innovation and economic recovery.
Details of the Funding
The funding will be divided into two categories:
- Green Technologies: €300 million for projects related to renewable energy, energy efficiency, and sustainable mobility.
- Digital Technologies: €200 million for projects involving artificial intelligence, cybersecurity, and cloud computing.
Eligibility Criteria
To be eligible for funding, projects must meet the following criteria:
- Align with the government’s strategic priorities in green and digital transformation.
- Have a significant economic and technological impact.
- Involve a partnership between businesses and research institutions.
Application Process
Applications for development contracts will be open from January 15, 2025, to March 15, 2025. Businesses and consortia can submit proposals through the Ministry of Economic Development’s online platform.
Selection Process
Projects will be evaluated based on the following factors:
- Innovation and technological significance
- Economic and social impact
- Feasibility and implementation plan
- Partnership quality and collaboration
Benefits for Businesses
Development contracts offer several benefits for businesses, including:
- Financial support to fund research and development activities.
- Access to expertise and infrastructure from partner research institutions.
- Government endorsement and credibility.
- Opportunities for commercialization and growth.
Impact on the Economy
The funding is expected to drive innovation, create high-value jobs, and enhance Italy’s competitiveness in green and digital industries. It is estimated to support up to 1,000 projects, directly benefiting small and medium-sized enterprises (SMEs) and startups.
Government Statement
Minister of Economic Development, Giancarlo Giorgetti, said: “This investment is a strategic step toward building a more sustainable and technologically advanced economy. By supporting businesses in the development of green and digital solutions, we aim to create new opportunities for growth and employment.”
Call to Action
The Italian government encourages businesses and research institutions to collaborate and submit innovative project proposals that will contribute to the country’s green and digital transformation.
Imprese: 500 milioni per Contratti di sviluppo in tecnologie green e digitali
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