Rest in the South

Grant Program Italy
Overview
Rest in the South is an Italian government incentive program managed by Invitalia that supports entrepreneurs and freelancers aged 18-55 in southern Italy and central Italy seismic areas through grants for new business creation. The program targets sectors including industry, crafts, agricultural processing, fishing, aquaculture, and business services across regions like Abruzzo, Basilicata, Calabria, Campania, Molise, Puglia, Sardinia, and Sicily.
About
Rest in the South (Italy) is the incentive that supports the birth and development of new businesses and freelancers in Abruzzo, Basilicata, Calabria, Campania, Molise, Puglia, Sardinia, Sicily and in the 116 municipalities located in the areas of the seismic crater of Central Italy.

The measure:

is aimed at those aged between 18 and 55 and companies operating in the sectors of industry, crafts, processing of agricultural products, fishing and aquaculture; provision of services to businesses and individuals; tourism.
covers up to 100% of expenses, with:
a maximum loan of 50,000 euros for each applicant, which can reach up to 200,000 euros in the case of companies consisting of four shareholders;
a maximum loan of 60,000 euros, only for companies exercised individually with a single proponent;
an additional non-repayable grant:
15,000 euros for sole proprietorships and professional activities carried out individually
up to a maximum of 40,000 euros for companies.
To submit your application immediately, click here.
Deadline of the call: until resources are exhausted.
Key Details
Type Grant Program
Location Italy
Investment $200,000
Funding Type
Grant Debt In kind
Stage
Grant

See incorrect or outdated information?

Similar Organizations