One piece of data above all confirms the need for Italy to give a strong push to the digitalization process: the Desi index (Digital economy and society index) places the country in fourth-last place in Europe.
With the Next Generation EU (NGEU), Europe has put funds on the table that will allow EU countries to give a decisive boost to innovation and digitalisation, ecological transition and social inclusion.
How can Italian companies access these funds? What are the most advantageous lines of financing ? What are the programs to know so that the PNRR really represents an opportunity for companies ?
In this article, we will provide a numerical overview of the figures involving Italy and companies, with a focus on Tech Companies.
Next Generation EU and PNRR: Italy first beneficiary
Looking at the overall scenario, the figures made available by Europe exceed 1,824.4 billion euros: the 750.00 billion euros of the Next Generation EU are added to the 1,074.4 billion euros of the Multiannual Financial Framework.
The 750.00 billion euros of Next Generation EU are divided into two:
312.5 are non-repayable
360.00 are in the form of loans
These funds will be directed, 30% to fight climate change, 50 % to modernization through:
Research and Innovation (Horizon Europe)
Fair climate and digital transitions (Just Transition Fund and Digital Europe Programme)
Preparedness, recovery and resilience (Recovery and Resilience Facility, rescEU and EU4Health)
Italy is the first beneficiary together with Spain: of the 312.5 billion euros in non-repayable grants from Next Generation EU, 68.98 billion euros in non-repayable grants (equal to 22% ) have been recognised to the Bel Paese, to which 122.6 billion euros in the form of grants are added .
Therefore, Italy today has a total of 191.5 billion available fo r the georgia whatsapp number Data 5 MillionRecovery and Resilience Facility (RRF) alone, which it intends to distribute along three axes of intervention:
25% to digital transition
37% to ecological transition
40% in the South
But, in detail, how have the funds been allocated and, consequently, how can they support businesses?
The National Business and Resilience Plan
The RRF asks each EU Member State to present the National Recovery and Resilience Plan (PNRR) which is divided into 6 missions. For each of these, Italy has decided to allocate a sum. Here is a summary:
Digitalization, innovation, competitiveness, culture and tourism: 40.29 billion euros
Green revolution and ecological transition: 59.46 billion euros
Infrastructure for sustainable mobility: 25.40 billion euros
Education and research: 30.88 billion euros
Inclusion and cohesion: 19.85 billion euros
Health: 15.63 billion euros
