Presented the new operations of the 394 Fund, the instrument managed by SIMEST in agreement with the Ministry of Foreign Affairs to finance investments for the foreign growth of Italian companies. The fund will have an endowment of 4 billion euros, mainly dedicated to SMEs.
Through the 394 Fund managed by SIMEST, financing at subsidized rates of up to 0.464% (July 2023 rate) are available to companies, to which can be added a non-reimbursable co-financing share of up to 10%.
Companies will be able to apply for financing starting July 27 at 9 a.m. on the SIMEST Portal in the section on subsidized financing.
The new operation will be active through six different lines of concessional intervention:
Digital or Ecological Transition
Certifications and Consulting
Fairs and Events
For more information see https://www.simest.it/media/comunicati-stampa/simest-maeci-presentata-alla-farnesina-la-nuova-operativita-del-fondo-394-per-la-competitivita-internazionale-delle-imprese-italiane/