Nuove Imprese a Tasso Zero
"Nuove Imprese a Tasso Zero" is the incentive for young people and women who want to become entrepreneurs. The concessions are valid throughout Italy and provide for a mix of zero-interest financing and grants for business projects with costs of up to 3 million euros, which can cover up to 90% of total eligible expenses.
It is aimed at micro and small businesses made up mostly of young people between 18 and 35 years old or women of all ages, throughout the national territory.
Companies established within the previous 5 years having a shareholding structure made up of at least 51% of young people under 35 and women of all ages are eligible.
Individuals can also apply for a loan, with the commitment to set up the company after.
Businesses can apply for funding to implement new initiatives or expand, diversify or transform existing businesses. Coverage of eligible expenses can be up to 90% to be repaid over 10 years.
No guarantees are required in the event of loans of less than 250 thousand euros; instead, the guarantee is envisaged for loans exceeding 250 thousand euros.
There are two lines of financing with different spending programs and aid schemes, depending on whether the companies have been established for no more than 3 years or for at least 3 and no more than 5 years.
Applications will open on 19th May 2021.
