The Veneto Regional ERDF Program 2021-2027 is launching an important initiative to stimulate entrepreneurship and innovation in the region. Action 1.3.5 of the program, with a budget allocation of 14 million euros, aims to support the creation of new business ventures, offering a unique opportunity for aspiring entrepreneurs and young companies in the region.
Who can benefit?
The call is addressed to two main categories of beneficiaries:
- Small and medium-sized enterprises (SMEs) registered in the Business Register for no more than three years from the date of application submission.
- Companies selected by qualified entities following a training and support program.
What does the call finance?
It funds projects that involve the start-up of new business activities. Eligible expenses cover a wide range of needs for new enterprises:
- Training and consulting for new entrepreneurs
- Innovation support services and technology transfer
- Investments in equipment and essential technologies for starting the business
- Feasibility studies and business plans
Forms of support
The assistance is provided through a combination of subsidized financing and non-repayable grants, covering a significant portion of eligible expenses. The amount of funding will vary depending on the type and size of the submitted project, thus offering flexibility to meet the diverse needs of start-ups.
Timelines and evaluation criteria
The call is expected to be published in October 2024.
Projects will be evaluated based on strict criteria including:
- Alignment with the call’s objectives
- Innovativeness
- Potential for sustainable growth
- Ability to create employment
- Quality of the business plan
It is important to emphasize that priority will be given to projects demonstrating a high degree of digitalization and environmental sustainability, thereby aligning with global trends toward a greener and more technologically advanced economy.
