ERDF 2021-2027 – Two instruments to facilitate access to credit for businesses.
The instruments operate under Specific Objectives 1.3 “Strengthening sustainable growth, SME competitiveness and job creation in SMEs, including through productive investment,” with an allocation of 13.5 million and 2.1 “Promoting energy efficiency and reducing greenhouse gas emissions” with an allocation of 6 million.
The two instruments in question are:
- ERDF 2021-2027 – OS 1.3 and OS 2.1 – Artisan Guarantee Liguria. Support for access to credit.
- Opening date: 01 March 2024
- Closing date: 31 December 2026
- ERDF 2021-2027 – OS 1.3 and OS 2.1 – Cassa Commercio Liguria. Support for access to credit.
- Opening date: 01 March 2024
- Closing date: 31 December 2026
Who can access the Ligurian Handicraft Guarantee.
Micro, small and medium-sized artisan enterprises in single or associated form (cooperative or consortium form), registered in the register referred to in Regional Law No. 3/2003 or registered in the Register of Enterprises, provided that they obtain registration in the aforementioned register within 12 months from the date of submission of the application for the facility.
Beneficiaries must be active and carry out an economic activity listed in the ATECO 2007 classification among those listed as eligible in Annex 1 of the Regulations.
Who can access the Cassa Commercio Liguria
Micro, small and medium-sized commercial enterprises (in single or associated form) and food and accommodation services registered in the Register of Enterprises that engage in an economic activity listed in the ATECO 2007 classification among those listed as eligible in Annex 1 of the Regulations.
What the Cassa Commercio Liguria can be used for.
For interventions to support financial operations and energy efficiency improvement interventions. The facility supports the creditworthiness of enterprises through forms of guarantees and facilitating interventions aimed at enabling better conditions and greater propensity to invest.
How much can be claimed
The facility operates through a mix of four combined forms of facilitation : such as reinsurance (the issuance of reinsurance of exposures guaranteed by the Confidi collective guarantee consortia), guarantee fee subsidy, interest cost reduction grants, and non-repayable grants of up to 50 percent of the subsidized loan and up to a maximum amount of 30,000 euros for
- non-coastal Ligurian municipalities
- establishments in possession of the trademark “Botteghe storiche” “Liguria Gourmet” “Genova Gourmet Bartender” “Genova Gourmet Caffetteria” and of trademarks recognized by the Ligurian Chambers of Commerce or recognized and promoted by Regione Liguria
- businesses with at least twenty years of activity
- businesses that have been in operation for no more than one year (as of the date of submission of the application)
- young enterprises; sole proprietorships, companies or cooperative societies with owners who are under 35 years of age
- women’s enterprises; sole proprietorships, companies or societies
Loans of amounts between 10,000 and 500,000 euros can be applied for.
For reinsurance, the value of the reinsured guarantee is between 50 percent and 80 percent of the amount of the financial transaction up to a maximum of 250,000 euros. The rebate consists of an additional abatement of guarantee costs to the maximum extent of 3%. The subsidy for the reduction of interest costs determined on the amortization schedule of the loan or lease at the rate of 2%.
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