During this visit, agreements on the first four InvestEU projects in Italy were signed. The projects concern water sustainability and wastewater treatment in the Lombardy Region, as well as support to small and medium-sized businesses in the northeast of Italy for their investments in innovation, sustainability, and the cultural and creative activities. InvestEU will also boost the circular economy and decarbonisation by supporting a fund investing in related projects. Finally, InvestEU will support the investments of innovative small and medium-sized businesses to support their green and digital transition. In addition, the Commission signed a guarantee agreement with Cassa Depositi e Prestiti Equity, making this the first such agreement signed under InvestEU with a national promotional bank to support investments, with more agreements to follow.