▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

SMBs get new funds for sustainability in manufacturing

Investimenti Sostenibili 4.0 plan aims to help SMBs in their own digitalization path, with a special focus on sustainability

Funding

The Investimenti Sostenibili 4.0 program - an aid scheme designed to help Italian manufacturing SMBs in starting innovative and sustainable projects - is about to launch. We're talking about a funding plan which, explains the MiSE, works in synergy with the Transition 4.0 plan but gives particular priority to initiatives combining digitalization with sustainability. Here, key concepts are circular economy and manufacturing sustainability. There are new funds for almost 678 million euros, 250 allocated to companies in the Center-North if the country and 428 to the Southern Regions.

The plan starts officially May 18, when Italian micro-, small- and medium-sized companies will be able to apply for incentives to be used in their innovative projects. A quarter of the available resources is specifically allocated to projects proposed by micro- and small enterprises.

"We support the technological modernization of Italian companies through investments in innovative projects aimed at improving the energy sustainability of manufacturing processes", explained Minister Giancarlo Giorgetti. The global supply chains hiccups of the pandemic years and then the Ukraire-Russia conflict, says Giorgetti, underlined how companies need to "accelerate their use of new technologies, to increase efficiency and energy saving". And to "guarantee the competitiveness and economic growth of the country ".

Proposed projects can get access to financial aids without very stringent requirements. All summed up, the main thing they must prove is to be actually innovative. Funds must be (mostly) used for the implementation of enabling technologies already covered by the Transizione 4.0 funding plan. Moreover, projects' goal has to be an effective innovation of the production processes. That is, says the Ministry, starting the production of products never manufactured before, radically changing the production process of an existing plant, assembling a new production line.

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Mutual of Omaha and Workday to Help Companies Enhance Employee Benefits…

Mutual of Omaha is excited to announce its relationship with Workday, Inc. to help employer-provided insurance customers improve their benefits programs…

Sei Labs Releases New “Giga” Roadmap That Will Bring 50x Improvement to…

Sei Labs, the main contributor to Sei, the fastest Layer 1 EVM blockchain, today announced its latest roadmap, dubbed “Giga”, charting its path to becoming…

Swoop Celebrates Triple Recognition in PM360’s 13th Annual Innovations…

PM360's 13th Annual Innovations Issue recognizes Swoop for its cutting-edge contributions to data-driven healthcare marketing. Honored with three prestigious…

Mastercard Finalizes Acquisition of Recorded Future

Mastercard (NYSE: MA) today completed its acquisition of Recorded Future. “As the world becomes more digitized, there's an increased focus on securing…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!