Targets
The goal is to support the creation, growth - and also the establishment of companies in Emilia-Romagna from abroad- of highly innovative startups that can approach new market niches through new products, services and production systems, able to meet the main global trends and create employment opportunities.
Foreign startups that intend to apply can contact the EmiliaRomagnaStartup network of incubators and business support operators for assistance in filling the application form.
An office is furthermore available in Bologna (at Le Serre di ASTER incubator) to facilitate their journey and their access to the regional network.
Beneficiaries
Type A. Early stage/start up, for initial investment and consulting directed to enterprises incorporated after 1st January 2014
Type B. Expansion, for startups incorporated after 1st April 2012
Budget
The overall budget of the call is 4,5 ml €.
Eligible expenses
For Type A:
- machinery, equipment, installations, hardware and software, strictly functional furniture;
- rent and lease of laboratories and scientific equipment (up to 20% of the costs);
- purchase of patents, licenses and/or software from external parties;
- incorporation expenses (max € 2.000);
- promotional expenses including participation in fairs and events (max € 25.000);
- external consultancies not related to ordinary administration.
For Type B:
- acquisition of seats for production, logistics and trading. Companies whose registered offices are outside the Emilia-Romagna Region are allowed to buy only production sites on the Emilia-Romagna regional territory (max 50% costs);
- machinery, equipment, installations, hardware and software, strictly functional furniture;
- rent and lease of laboratories and scientific equipment (up to 20% of the costs);
- purchase of patents, licenses and/or software from external parties;
- promotional expenses including participation in fairs and events (up to 10% of the costs);
- external consultancies not related to ordinary administration.
Minimum overall budget of the projects
High Tech companies |
Digital companies for CCI application, social innovation, innovation in services and high intensive knowledge services |
|
Type A. Early stage |
80,000 € |
50,000 € |
Type B. Expansion |
150,000 € |
80,000 € |
Financial equilibrium condition
To be admitted, firms must demonstrate the financial coverage of the project budget, according to the following scheme:
I = P + F,
where, I is the total request of contribution, P is the increase of capital (min. 15%), F are bank loans.
Regional grant
The Region will contribute by 60% to the expenses of the overall project budget.
Maximum grants
- Type A: 100,000 €
- Type B: 250,000 €
Duration of the projects
- Type A: 12 months
- Type B: 18 months
Evaluation criteria
- degree of innovation of the product/service;
- quality and sustainability of the business plan.
Deadlines
Applications may be submitted from 10th May (10am) to 30th November 2017 (5pm) online only, using the application that will be available on the Emilia-Romagna Region website.
Projects will be evaluated in 3 different blocks:
- 1st evaluation (15 sept 2017): project recieved from 10 May to 30th June
- 2nd evaluation (15 nov 2017): project recieved from 1st July to 30 September;
- 3rd evaluation (15 feb 2018): project recieved from 1 October to 30 November.
The call was approved by the Regional Council (regulation n. 451, April 2017).
Contacts
For further information you can contact:
infoporfesr@regione.emilia-romagna.it
info@emiliaromagnastartup.it
Source
http://regione.emilia-romagna.it/fesr/opportunita/2017/start-up-innovative-2017