ERDF 21/27 - Start up: initial growth

Objective: Supporting the early growth phases of innovative and the approach to external investorsRecipients

Recipients: Innovative start up (less than 5 years), estsblished or establishing in the Region

Eligible initiatives: Business plans (and related investments) developed in the region that meet the following requirements:

• consistent with the Regional Smart Specialization Strategy
• carried out in the local branch (in Piemonte).
• developed through a spending plan of minimum 100,000 euros and max 18 months
• financed by current shareholders or new external investors

Incentive: Non repayble grant:

-50% of the investments, if the project in financed by founders
-70% of the investments, if the project is financed by new external investors