The Council of Ministers, led by the Minister of Business and Made in Italy, Adolfo Urso, has included in the Cohesion Legislative Decree: the ‘Mini development contracts’. Thanks to an initial financing of 300 million euros, this measure aims to stimulate medium-sized productive investments for amounts ranging between 5 and 20 million euros. All businesses, of any size, will be able to access the measure as long as investments are linked to the advanced technologies listed in the new EU STEP regulation.
The ‘Mini development contracts’ will initially be available exclusively in the Southern Regions, in order to promote the development of digital and ‘deep tech’ technologies and strengthen local production chains, supporting the transition towards a greener and digital economy. This tool joins existing measures that support investments exceeding 20 million euros (PNRR). THEThe focus will also be on green technologies and biotechnologies, including those related to critical medicines as defined in the EU list, and their components.
Minister Urso expressed optimism regarding the effectiveness of these contracts, underlining how they can represent a fundamental opportunity to relaunch the economy of the southern regions, attract new investments and promote technological innovation in the Italian industrial fabric.
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