INCENTIVES OFFERED BY CENTRAL GOVERNMENT
This is an agreement between one or more public bodies (regions, provinces or municipalities) to undertake major projects, including industrial ones, and to develop infrastructure. A contratto di programma is promoted by a ‘proponent entity’, which is responsible for the overall coherence of the technical and industrial project.
The total investment costs of an industrial project should not be less than EUR 40 million, excluding the cost of infrastructure. The investment programme proposed by the ‘proponent entity’ must not be less than EUR 25 million, whilst the investment programmes proposed by each beneficiary other than the proposer must not be less than EUR 1.5 million.
Investment programmes are eligible if they regard the economic activities listed in the following sections of the 2002 ISTAT classification:
The amount of benefits, compared to the eligible costs, is calculated as the Gross Grant Equivalent (‘GGE’).
for R&D programmes, are:
50 percent of GGE for industrial research costs
25 percent of GGE for experimental development costs. The benefits are increased by up to 10 percentage points for medium-sized companies and up to 20 percentage points for small companies.