Smart Money

Smart Money is an Italian grant program administered by MISE that provides non-repayable grants of up to €10,000 (covering 80% of eligible expenses) to help startups purchase services from authorized incubators, accelerators, and support entities. Applicants must submit a development project with a minimum 12-month activity plan to qualify for funding. The program offers two types of facilitation measures designed to support innovative startup projects and risk capital investments in Italy.

With this measure, the MISE provides two types of facilitation:

the first allocates non-repayable grants of up to 10,000 euros to start-ups – which covers up to 80% of eligible expenses – to purchase the services provided by the network of incubators, accelerators and other authorized entities.
To obtain it, start-ups must submit a development project that includes an activity plan to be implemented in at least 12 months.
The second – intended for innovative start-ups that will complete the aforementioned business plan – provides for a non-repayable grant equal to 100% of the investment in risk capital (within the overall limit of 30,000 euros) by authorized entities, qualified investors or business angels, to finance their development plans.
Deadline of the call: until resources are exhausted.
To find out more, read the full article on our website.
To submit your application, click here.