Invest in Emilia-Romagna | Emilia-Romagna region

Policies and incentives

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The Emilia-Romagna region, in coordination with EU economic policy and planning, supports the business landing of companies in its territory with a series of funds and incentives that draw on European, national and regional financial support.(Updated in April 2020)

EUROPEAN FUNDS

  • European funds along with national co-financing allocated in Emilia-Romagna about 2,500 million euro in the period 2014-2020.


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  • The regional government ranked first in Italy for the management of EU funds.

 

NATIONAL INCENTIVES

There are many other opportunities from national plans.
The Development Agreement and the Innovation Agreemen are aimed at financing large investments considered strategic for the regional economic system. The Agreements are generally managed in strict collaboration with the Ministry of Economic Development (MISE) and other actors, in particular Invitalia (national agency for economic development) and - in some cases - local bodies/stakeholders. Agreements submitted so far show a very relevant impact with 2,000 new jobs, over 80 innovative projects for supply and value chains, about one billion euros of investments (updated March 2020, the impact will be fully operational in 3-5 years).

  • The Development Contract supports large investments in the sectors of industry, tourism and environmental protection.
  • Amount of investment: >20 million euro (7.5 mln for investments related to processing of agricultural products)
  • Incentives (national and regional) depend on the type of project, location and the size and sector of the company.
  • Some examples submitted or under evaluation agreements: Lamborghini, Ynap, Kastamonu, Alcar, Alstom, Rovagnati, Beretta Salumi, etc. 
  • The Innovation Agreement (Ministerial Decree 24/5/2017, 5/3/2018, 2/8/2019) is a policy instrument based on negotiation among the parties that finances large R&D projects focusing on: ICT, nanotechnologies, Advanced Materials, Biotechnologies, Advanced Manufacturing, Aerospace, etc. The Agreements are managed by the national Ministry of Economic Development (MISE) and are co-financed by the Regional Government
  • Amount of investment: > 5 million and < 40 million euro
  • Duration: < 36 months

Financial incentives depend on the type/location of the investment and the size of the company. In Emilia-Romagna Region, the minimum contribution is 26% of the total eligible investment (23% Mise + 3% Region)

  • Subsized loan: 20% of the total amount of the eligible investments.

 

REGIONAL LAW FOR THE PROMOTION OF INVESTMENTS (14/2014)

  • The Regional Law for Promotion of Investments n.14/2014 provides financial support for large and innovative investments through the Agreement for the Settlement and Development of Enterprises.
  • The Agreement is signed by the Regional government, the investor (single company or grouping), local bodies and other stakeholders involved in the investment.
  • Type of actions that can be financed include: R&D projects, research facilities, environmental protection, training, employment of disadvantaged workers, investments and acquisition of services in SME.
  • Companies can access the Agreement through public calls periodically published by the Regional Government. Main access criteria refer to the employment impact.

 

The three calls for proposals of the Regional Law for the Promotion of Investments (2016, 2017 and 2019) show a strong impact on the socio-economic system:

  • 52 investment programs (proposed by 49 companies)
  • 2,029 new jobs (+159 jobs reintegrated with the first call)
  • 17 r&d centres open to third parties
  • 246 million euros of investments
  • 85 million euros of public grants
  • Among the selected companies, 12 are owned by foreign investors: AVL, Teko Telecom (JMA Wireless), Eon Reality, IBM, B.Braun, Lamborghini e Ducati (part of Volkswagen/Audi group), Qura, FEV Italia, Bellco, Isotta Fraschini, Borgwarner Systems Lugo

 

Results of the first call (2016): http://www.investinemiliaromagna.eu/en/news/2017/11/Agreements_for_Settlement.asp

Results of the second call on Industry 4.0 (2017): http://www.investinemiliaromagna.eu/en/news/2018/09/2nd_call_on_Industry.asp

Results 3rd Call (1st period)

(2019) http://www.investinemiliaromagna.eu/en/news/2019/06/innovative-investments-in-ER.asp

Results 3rd Call (2nd period)

(2019) http://www.investinemiliaromagna.eu/en/news/2020/03/3bando.asp

 

REGIONAL PROGRAMMES

Regional programmes (e.g. Productive Activities Programme, Programme for Research, Innovation and Technology) also provide direct support to companies committed to invest in Emilia-Romagna.

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  • The regional Smart Specialization Strategy (S3) aims at supporting research and innovation connecting the production and the knowledge systems and identifying the main priorities:

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Strumenti personali

Invest è realizzato da Ervet s.p.a su incarico della Regione Emilia-Romagna

Via Morgagni, 6 - 40122 Bologna tel. 051/6450411 - P.I. 00569890379 - fax 051/6450310 - e-mail: investinemiliaromagna@ervet.it - info@ervet.it