Italian Government Allocates 300 Million Euros for Sustainable Investments by SMEs in Southern Italy
Rome, January 21, 2025 – The Italian government has announced a new decree that will allocate 300 million euros to support sustainable investments made by small and medium-sized enterprises (SMEs) in Southern Italy. The decree was signed by Minister of Economic Development Giancarlo Urso.
The initiative is part of the government’s efforts to promote sustainable economic development and reduce regional disparities in Italy. Under the decree, SMEs that invest in projects that contribute to environmental sustainability, energy efficiency, or circular economy initiatives will be eligible for financial support.
To qualify for funding, projects must meet specific criteria, including:
- Demonstrating a clear environmental or social benefit
- Incorporating innovative technologies or sustainable practices
- Contributing to the creation of new jobs or the growth of existing businesses
The funding will be provided through a combination of grants, loans, and tax incentives. The specific allocation of funds will be determined based on the size and scope of each project.
“This decree represents a significant step towards unlocking the economic potential of Southern Italy,” said Minister Urso. “By supporting sustainable investments, we can attract new industries, create jobs, and improve the quality of life for our citizens.”
The decree is expected to have a positive impact on the competitiveness and sustainability of SMEs in Southern Italy. It is also expected to contribute to the government’s broader goal of reducing regional disparities and promoting economic growth throughout the country.
Eligible SMEs can apply for funding through the Ministry of Economic Development’s website. The application process will open on February 1, 2025.
Sud: Urso firma decreto, 300 milioni per gli investimenti sostenibili delle Pmi
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