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Over 500 million for major research and development projects
2019-09-25

Two decrees aimed at facilitating major R&D projects published in the Official Gazette: total budget of 519 million euro

Two decrees of the Ministry for Economic Development (MiSE) have been published, relaunching the funding interventions to support large research and development (R&D) projects with a total budget of €519 million. The interventions are summarized below.

LARGE RESEARCH AND DEVELOPMENT (R & D) PROJECTS

Re-opening of the help-desk for Large Research and Development Projects in the areas of the Digital Agenda and Sustainable Industry

The Decree refinances, throughout the entire national territory, funding interventions in favor of companies that invest in large research and development projects in the “Digital Agenda” and “Sustainable Industry” sectors.

The measure is financed with resources from:

  • FRI – The Revolving Fund for support for businesses and Investment: EUR 247 million for the granting of the subsidized financing;
  • FCS – The MiSE Sustainable Growth Fund: EUR 82 million for the granting of the contribution to expenditure.
Sectors affected
  • DIGITAL AGENDA
  • SUSTAINABLE INDUSTRY
Regulatory reference >> M.D. 02/08/2019, published in the Official Gazette, 20 September 2019, n. 221
MiSE reference >> See the official dedicated section of the MiSE
Special notes

A reserve of the above resources (an amount equal to 20%) is provided for interventions concerning the conversion of production processes in the circular economy.

NEW NOTICE “INTELLIGENT FACTORY, AGRIFOOD, LIFE SCIENCES and PERFORMANCE CALCULATION”

A new funding intervention in favor of research and development projects promoted in technology field

The Decree defines a new funding intervention in favor of research and development projects in the sectors implementing the National Strategy for Intelligent Specialization, which are the backbone of the country's production fabric.

The intervention - which has been allocated resources of 190 million euro - will be implemented according to a negotiated evaluation procedure for projects with eligible costs of between 5 and 40 million euro.

The funding can be granted in the form of a contribution to expenditure and subsidized financing, in accordance with the provisions of EU Regulation no. 651/2014.

Sectors affected
  • INTELLIGENT FACTORY (72 million euros allocated)
  • AGRIFOOD (42 Million euros allocated)
  • LIFE SCIENCES(52 million euros allocated)
  • HIGH PERFORMANCE CALCULATION (24 million euros allocated)
Regulatory reference >> M.D. 02/08/2019, published in the Official Gazette, 20 September 2019, n. 221
MiSE reference >> See the official dedicated section of the MiSE
Special notes 50 million euros of the total resources allocated are dedicated to the regions of Calabria, Campania, Puglia and Sicily. Resources are provided in the "High Performance Calculation" sector consistent with the National Strategy for Intelligent Specialization.

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