CDD - Development agreement
Purpose
The Development Contract promotes the implementation of large-scale investments proposed by a single company or several businesses (max. 5 companies).
Beneficiaries
Italian and foreign companies that have or intend to establish a permanent and operational headquarters in Italy.
Eligible programs
Industrial development projects;
Industrial Research and Experimental Development Projects, including those carried out jointly with public and private research organizations and bodies. anche congiuntamente ad Organismi ed Enti di Ricerca, pubblici e privati.
OUR EXPERTISE
Features
The total amount of investments covered by the development program cannot be less than €20 million. This amount may be reached and exceeded by a single company or by a cluster consisting of a maximum of five companies.
ELIGIBLE EXPENSES
For industrial development projects:
a) Design and Studies (only for SMEs and within the limit of 4% of the total investment);
b) Farmland and its improvements (up to 10% of the total investment);
c) Building works and similar works (up to a maximum of 40% for each investment project);
d) Specific company infrastructure;
e) Machinery, plant, and various equipment, brand new;
f) Computer programs, patents, licenses, commensurate with production and management needs (for large enterprises, these expenses are eligible only up to 50% of the total eligible investment).
For industrial research and experimental development projects:
a) Staff
b) Tools and equipment;
c) Consulting services;
d) General expenses (not exceeding 25% of the costs referred to in points a, b, and c above)
e) Materials
Minimum requirements for industrial development programs
The conclusion of the preliminary investigation with a positive outcome is subject to the Agency confirming that at least two of the following requirements are met:
positive impact on employment;
suitability of the program to establish/consolidate direct and extended supply chain systems
suitability of the program to strengthen the company's presence in foreign markets or attract foreign investment.
contribution to technological development
environmental impact of the investment
Provision of subsidies
The subsidies are paid in proportional installments, based on the progress of the work, up to a maximum of five. An advance payment of up to 40% of the total financial subsidy is provided.
Advance payment is granted against adequate guarantees or insurance policies, in the case of non-repayable grants, or mortgage guarantees, in the case of low-interest loans.
Program duration
The development program can be launched after the application has been submitted and must be completed within 36 months, extendable by a further 18 months, from the date on which the granting of the subsidies has been determined.
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