This content was updated on 12/10/2021
The economic recovery of Italian companies must be supported, and the state chooses to do so by emphasizing technological innovation, digitalization and environmental sustainability.
Made in Italy can really make a difference in the international market, especially if supported by the many measures allocated by the state and dedicated entities.
Let’s discover them together.
Transition 4.0 plan: incentives that encourage business innovation
With the May 26 signing, Minister Patuanelli approves the Transition 4.0 Plan decree to foster Made in Italy and support Italian businesses.
The Transition 4.0 Plan provides financial resources to be distributed in projects aimed at innovating local businesses by focusing on digitization, training and green investments. The implementation of the decree involves the approval of measures already provided for in the 2020 Budget Law, such as:
- The tax credit for investment in capital goods, tangible and intangible: for companies that intend to initiate a digital transformation of existing production processes;
- The research and development, innovation and design tax credit: particularly attractive for those who want to increase their competitiveness with a view to the circular economy and environmental sustainability;
- The Training 4.0 tax credit: for those who want to enhance staff knowledge on Industry 4.0 and digital transformation.
Why encourage corporate digitization?
Covid-19 has turned the country’s economy upside down, but it has also brought out the deficits of our enterprises.
Those who have been unable to work because they have smart working-enabled solutions must now run for cover and implement tools and software capable of monitoring, analyzing and working remotely.
In addition, those who really want to increase their competitiveness need to implement internet of things solutions; elements that automate the passage of information from machines to personnel and enable streamlined work activities and procedures.
SME digitization voucher: the intervention of the Chambers of Commerce
The coming months will be marked by a series of calls for proposals aimed at promoting the digitization of Italian small and medium-sized enterprises.
For example, i4.0 digital vouchers are attracting the attention of many businesses.
What is it all about? Of digital vouchers made available to Italian businesses by PIDs – Digital Enterprise Points – to support the purchase of consulting services, training and 4.0 technologies. It is up to the territorial Chambers of Commerce to publish the notices and issue the vouchers; they detail the amounts available and the deadlines. The notices espouse the intent of the Industry/Transition 4.0 plan, so they can only be taken advantage of by businesses that choose to implement technology and digital solutions.
Who is eligible for digital vouchers?
SMEs and MPMIs (Micro Small and Medium Enterprises) residing in the state of Italy; either individually or in groups, because they are aggregated as participants in a joint project.
Call for i4.0 digital vouchers: some useful details
In order to make it easier for businesses to access the grants allocated through Digital 4.0 vouchers, we list below those that are active and soon to expire:
- CCIAA Trapani: deadline 15/10/2021
- CCIAA Benevento: deadline 15/10/2021
- CCIAA Avellino: deadline 15/10/2021
- CCIAA Ravenna: deadline 25/10/2021
- CCIAA Foggia: deadline 30/10/2021
- CCIAA Crotone: deadline 10/11/2021
- CCIAA Cuneo: deadline 15/11/2021
- CCIAA Treviso-Belluno: deadline 30/11/2021
Italian entrepreneurs interested in digital vouchers should remain alert and periodically consult the notices issued by the relevant Chamber of Commerce.
Environmental sustainability: earmarked grants that reward business efforts
Businesses that want to boost their business in an environmentally friendly way can take advantage of grants put out to tender to: finance the implementation of an ISO 50001 Energy Management System, achieve environmental certifications-such as EPD and Carbon Footprint-or to support investments for energy management activities (e.g., energy diagnostics), including consulting activities.
In this regard, the following calls are active:
- Aosta Valley region: until a date to be determined
- Emilia-Romagna Region (Fono Energia): deadline 15/11/2021
- Lombardy Region(SME energy efficiency call 2021): differentiated deadline by line of intervention
- Umbria Region (Notice “Energy”): deadline 30/11/2021
- Marche Region(Energy efficiency and renewables call): until date to be determined
- Lombardy Region: deadline March 31, 2022 (exhaustion of resources for the provinces of: Bergamo, Como, Cremona, Lecco, Lodi, Milan, Monza Brianza, Pavia and Varese).
It is still possible to apply for the provinces of Brescia, Mantua and Sondrio;
It is good to remember that those who choose to increase the volume of their business by following sustainable paths will surely benefit from the approval of stakeholders and consumers.
Business innovation, digitalization, environmental sustainability?
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