European Commission - Internal Market, Industry, Entrepreneurship and SMEs

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Promotion of investment agreements for growth

Title of measure
Full title in national language:
Promozione degli accordi di investimento per la crescita
Duration:
2016 to 2018
Policy objectives Plus
5.2. Science-, technology parks and incubators
5.3. Innovation awareness-raising
Presentation of the measure:

This measure relates with a new regional law approved in 2014 “Promotion of investment in Emilia-Romagna” that aims to promote new greenfield or expansion investment in the region, in order to reduce the levels of unemployment accumulated after the crisis.
One of the main instruments is the promotion of agreements with investors able to generate employment and possibly, high quality employment and innovative investment.
The call requires to present the description of the investment plan, even if material investment of large firms cannot be supported by the Region. Together with such plan, the company must present specific R&D projects, training and employment projects, investment for energy efficiency and environment. All the projects, after the evaluation process, will be approved with a single agreement between the Region and the company.
Typologies of investment:

  • Investment generating over 150 employees;
  • Investment generating at least 50 employees, unless 40% of them with University degree and operating in high tech sectors;
  • Investment in new private industrial research centers with more than 20 researchers;
  • Re-structuring of industrial plants increasing existing employment by 10%.

Beneficiaries: firms.
 

Budget, source and type of funding
Year2016-2018
National public funds
Regional public funds 25000000
EU Structural Funds
Private funds
Other
Form of funding provided
Grants
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:

Too early to assess.

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

Too early to assess.

Would you recommend this measure as an example of regional good practice to policy-makers from other regions ?:
No