The Councilor for Economic Development of the Calabria Region, Rosario Varìpresented today, to the regional citadel in Catanzaro, together with Andrea Nuzzibusiness director of CDP, e Maurizio Coppolapresident of ABI Calabria, a new tool that will allow you to activate over 100 million new investments in the regional territory.
It is a fund, called Fri Calabria, established by the will of the regional government, led by President Roberto Occhiuto, with the signing of the Convention between the Calabria Region, Cassa Depositi e Prestiti (CDP) and Italian Banking Association (ABI).
The president Occhiuto shows that “the regional government is committed to concretely supporting the attraction of new production settlements in Calabria and the strengthening of regional companies. From my settlement we have allocated huge resources on innovation and digital transition to increase corporate competitiveness on Italian and international markets. With this new initiative that puts over 100 million euros in place we are sure to be able to consolidate the Calabrian entrepreneurial system and to relaunch more and more Economic growth in our territories convincible and tangible “.
The details of the agreement were illustrated by the commissioner Varì.
“With the measure we present today – declares Varn – the regional strategy, aimed at consolidating and attracting productive settlements in the area, is enriched with a new tool thanks to which companies will be able to invest in innovation and sustainability, becoming more competitive on the markets and creating employment”.
The measure is aimed at companies of all sizes, small medium and large, which intend to encourage the ecological and digital transition and create innovative activities in line with the challenges and areas identified by the regional intelligent specialization strategy. Through Fri Calabria, companies will be able to access a capital contribution, flanked by a subsidized loan and a market rate loan.
“Having made 100 the investment -explains the commissioner Varì -, 30% make it available, at a lost fund, the Calabria Region, 10% will be borne by the entrepreneur, the remaining 60% will be the subject of a funding for half -time on facilitated conditions -made available CDP -and for the other half at ordinary rate, with the intervention of credit institutions”.
Specifically, the initiative provides, for projects already in possession of a positive bank assessment, the concession to the companies of contributions directed as a lost fund allocated by the Region using up to 35 million of the resources of the PR Calabria 2021-27 and of the fund for development and cohesion 2021-27. To these funds are added the subsidized loans granted by CDP to the Fri on the Fri with an overall endowment of an additional 35 million, in support of loans, equal an amount and duration (up to 10 years), provided by the banking system at market conditions, for a total of 105 million. The amount of eligible investments per single project will be between 750 thousand and 25 million euros.
“This measure -also specifies the Regional Councilor for Economic Development -, created in collaboration with CDP and ABI, which I thank, offers greater opportunities to Calabrian companies, and those who want to settle in Calabria, to obtain, in addition to the lost fund, subsidized credit for investments in different manufacturing sectors, tourism and services, strategic for the growth of regional GDP”.
The publication of the regional announcement is expected by mid -July, while the submission of applications for access to the measure by companies will be possible from mid -September.
On the sites of the Region (www.regione.calabria.it), of CDP (www.cdp.it) and of ABI (www.abi.it) the credit institutions will be indicated that adhere to the initiative. Instead, through the computer platform of Fincalabra it will be possible to submit applications for admission to the facilities for investment projects.
“We are particularly proud to launch such an important initiative in Calabria as the rotary fund for businesses, an instrument-says Andrea Nuzzi, CDP business director-very effective to support the investment plans of local companies with long-term finance. The measure conceived in collaboration with the Region provides for the combination of public and private resources in view to achieving a significant number of small and medium-sized companies and generating a significant ‘effect’. This new intervention, Cassa Depositi e Prestiti confirms its support for the modernization of the entrepreneurial ecosystem of the territory and, consistently with the strategic plan 2025-2027, the intention of playing an increasingly important role in favor of the productive fabric of the South “.
For Maurizio Coppola, president of ABI Calabria “this convention renews and strengthens a strategic collaboration between banks, institutions and businesses. It is a concrete and relevant tool to support development projects and contribute to the relaunch of regional growth in a modern logic of public-private partnership. These measures-he adds-offer tangible advantages in terms of increasing the economic impact of the interventions and of greater selection and sustainability of the projects thanks to the projects thanks to the projects thanks to the projects thanks to the projects sharing of banks to risk. Furthermore, the use of a national tool represents a further step forward in a strategy of the Calabria region fully shared because it avoids the fragmentation of resources on different tools for each territory that risk creating confusion, duplications and operational difficulties, both for companies and for the banking sector “.