The Italian Ministry of the Economic Development made operational the National Fund for the Innovation of € 40.9 million in order to ease the financing of innovative projects based on the industrial enhancement of intellectual property rights.
Small and medium sized companies will be able to see their IP projects financed up to an amount of € 1.5 M for a period of 12 months. This initiative has to be seen as part of the recent initiatives aimed at easing the access to the credit by start-ups which include also the upcoming entrance into force of equity crowdfunding regulations and providing special treatments for start-ups and their incubators.
We cannot ignore that the current Italian Government is trying to do its best to foster the growth of innovative start-ups and therefore Italy is becoming an attractive country for entrepreneurs. In this respect, if you want to know more about that, feel free to contact me, Giulio Coraggio.