October 2023
Industrial transition support fund
Non-refundable funds for companies choosing ecological transition
The Industrial Transition Support Fund aimed at promoting the adaptation of the Italian production system to European Union policies, aimed at combating climate change was inaugurated on 10th October. The initial allocation is that of €300 million euros, 50% of which is allocated to energy-intensive enterprises. Facilities are granted in the form of a non-repayable grant. The Fund’s operating procedures are regulated by the Ministerial Decree of 21st October, 2022, issued by the Minister of Economic Development in consultation with the Minister of Economy and Finance and the Minister of Ecological Transition.Who are the beneficiaries of the fund?
Facilities are granted to enterprises of any size that operate throughout Italy but that must meet the following requirements at the time of application:- Be duly incorporated, registered and “active” as a registered company;
- Operate mainly in the mining and manufacturing sectors (Sections B and C of ATECO 2007);
- Be in full exercise of rights and not in liquidation or bankruptcy proceedings;
- Not have been in financial difficulty as of 31st December, 2019;
- Not have received and or have been reimbursed with illegal or incompatible aid from the European Commission;
- Having repaid sums due as a result of the revocation of ministerial facilities;
- Compliance with national insurance obligations;
- Not be subject to exclusion status, as defined by Article 5, Paragraph 2 of Ministerial Decree of 21st October 2022.
Which investments are eligible?
The following investment programmes are eligible:- Improvement in energy efficiency or production process changes according to Articles 14 and 17 of the GBER;
- Ancillary expenses of 40% for facilities from the self-generation of energy from renewable sources, hydrogen and cogeneration, according to Article 41 of the GBER Regulations;
- The reduction of resource use through reuse, recycling or the recovery of raw materials and/or use of recycled raw materials or change in production processes according to the conditions stipulated in Articles 14 and 17 of the GBER.
Methods and deadlines for submitting applications
Enterprises may submit applications exclusively online, through the online procedure accessible in the special section “Fund for Supporting Industrial Transition” of the website of the National Agency for the Attraction of Investments and Business Development S.p.A. – Invitalia (www.invitalia.it), as of 12:00 on 10th October, 2023 until 12:00 on 12th December, 2023. A ranking evaluation procedure is to be applied in order to determine the order of admission to the preliminary evaluations based on the scores awarded to individual investment programmes. The deadlines and procedures for submitting applications, as set by a Director’s decree, are dated as 30th August, 2023. Companies may electronically submit a single application per production unit, regardless of the plurality of environmental objectives pursued by the investment programme, by accessing the available form prepared by Invitalia. Applications are subjected to preliminary evaluation according to the order achieved in the ranking list. Successfully evaluated applications will be eligible for grants up to the amount of available resources.Are you interested and would like to receive more information? Contact us using the form below