European Commission - Internal Market, Industry, Entrepreneurship and SMEs

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Growth Decree

Budget, source and type of funding
Year
National public funds
Regional public funds
EU Structural Funds
Private funds
Other
Form of funding provided
Grants
Subsidised loans (including interest allowances)
Policy learning
To what extent the measure can be considered as a success and worthy of policy learning?:
It is too early to judge the success of the measure (e.g results of first call for proposals still not known).
Evidence of outcomes based on evaluation and other evidence:

The so-called “Growth Decree” (“Decreto crescita”) introduces a new incentive at national level aimed at facilitating the digital transformation of the production processes of small and medium enterprises.
 

What are the most important “Do’s and Don’ts” that regional stakeholders should be aware of when launching a similar measure?:

The incentive is reserved for SMEs operating in the manufacturing sector or in that of direct services to manufacturing companies, in the tourism sector for companies engaged in the digitization of the use of cultural heritage.
It finances technology and digital transformation projects with a minimum amount of 50 thousand euros, aimed at implementing technologies 4.0 - such as advanced manufacturing solutions, additive manufacturing, augmented reality, simulation, horizontal and vertical integration, industrial internet, cloud, cybersecurity, big data and analytics - and technologies related to digital solutions in the supply chain.
The incentive will cover 50% of the allowed investments. The envisaged benefit consists of a non-repayable grant and a subsidized loan.

 

Would you recommend this measure as an example of regional good practice to policy-makers from other regions ?:
Yes