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Smart&Start Italy supports the creation and growth of innovative startups all over Italy. It has a total budget of around 200 million euro and funds projects costing up to 1.5 million euro
Smart&Start Italy funds the creation and growth of innovative startups that:
Smart&Start Italy offers:
Startups that have been established for less than one year can use the technical and management support services in the startup phase.
This measure can boost the entrepreneurship thanks to the support to the birth and the growth of the SMEs. An important factor for reaching this goal is the gap in the provision of finance. A negative factor is the poor weight SMEs have in the national context.
The national stakeholders must be sure about the financial gap in the market. The SMEs must face problems in borrowing and/or raising money. Moreover, in the target area there could be a good entrepreneurial and innovative activity. The things that must be avoided when launching this kind of measure is believing that this without collateral activities (e.g. mentorship) could improve the entrepreneurial spirit and activity in the country.