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The region of Tuscany intends to activate the zero rate instrument for the investment of micro, small and medium-sized craft enterprises, industrial manufacturing, tourism, trade, culture and service sectors with the aim of supporting and to increase the investments in the Tuscany region in machinery, plant and intangible assets to accompany the reorganization and restructuring processes in line with the specialisation areas identified by the smart specialisation strategy of Tuscany (s3): ICT and photonics; intelligent factory; chemistry and nanotechnology. The final recipients of the fund are micro, small and medium-sized enterprises, including consortium companies, as well as freelancers having legal headquarters or production unit in the regional territory.
The fund supports innovative investment programs in intangible and/or intangible assets aimed at:
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 regional context.
The regional 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 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 in the area.