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SIMEST - Digital and ecological transition of SMEs with an international vocation

A new call for proposals promoted by Simest is available, combining digital, internationalization and environmental/energy activities.

In order to participate, beneficiaries must have the following characteristics:
- be SMEs with registered offices in Italy that, at the time of application, have had the form of a corporation for at least two financial years;
- have deposited at least two balance sheets relating to two complete financial years (a financial year of 12 full months is considered complete) with the Companies' Register. The balance sheets must relate to the same applicant (identified by the tax code);
- must have a Foreign Turnover whose average of the last two years is at least 20% of the total company turnover, or at least 10% of the company turnover of the last deposited balance sheet;

The Intervention aims to support the implementation of:
- digital investments for a minimum quota equal to 50%
- investments aimed at promoting sustainability and competitiveness in international markets for the remaining 50%.

The maximum amount of the Intervention that the Applicant Company may request is equal to the lower of (i) € 300,000.00, and (ii) 25% of the average revenues resulting from the last two financial statements approved and filed by the Applicant Company.

The Applicant Company may request a non-repayable portion of the Co-financing:
(i) up to 40% of the Maximum Amount of the Intervention, if it has at least one operating office that has been active for at least 6 months with respect to the date of submission of the Application, in one of the following regions: Abruzzo, Basilicata, Calabria, Campania, Molise, Puglia, Sardinia and Sicily;
(ii) up to 25% of the maximum amount of the Intervention, if it has its operational headquarters in a region other than those indicated in point (i).

The eligible and fundable expenses are respectively:
1. Digital Transition expenses, which must represent at least 50% of the Eligible Expenses financed:
2. Sustainability and Internationalization expenses that must represent no more than 50% of the Eligible Expenses financed:

Financial level:
- Post acceptance of the contribution, 50% of the amount granted is disbursed, including the non-refundable amount
- At the end of the project, after 24 months, the balance of the amount spent is paid up to a maximum of the remaining 50%.

For more information visit the website.

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