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Tenders and subsidized finance

With subsidized finance we mean all those interventions and tools promoted by the legislator at community, local, regional or national level and made available to companies with the aim of encouraging economic development and investment projects. In fact, the State, Regions, Chambers of Commerce and the European Union offer companies financing, concessions, contributions and other financial instruments at more advantageous conditions than those of the market to allow the growth of companies through the hiring of new personnel or the creation of new investments and projects, with the ultimate aim of encouraging the development of the national entrepreneurial fabric and increasing the competitiveness of existing businesses and the birth of new ones.

Depending on who establishes, regulates and provides the benefits, the subsidized finance instruments respond to a different regulatory framework. The main distinction in this regard concerns the establishment of competence and territoriality of reference:

  • In the event of measures envisaged at local level, the Chambers of Commerce will issue public tenders and provide tools to support businesses and it is therefore up to the Chamber of Commerce of the province in which the company is registered in the Business Register is the body to contact to obtain the benefits.

  • If the measure is taken at regional level, it is the regions that establish and grant the support methods to companies based in the region itself.
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  • At a national level, it is the Government, through the various ministries (in particular the Ministry of Economic Development) that regulates the assignment of the benefits to which can be accessed through national tenders.

  • Finally, if the measures are taken by the European Union, the beneficiaries are companies operating in one of the EU member states through community instruments and tenders. These calls for tenders may concern direct funds (managed directly by the European Commission) and indirect funds (coming from the European Commission but managed by the local authorities of the member countries).

    • Il paesaggio non ha linguaggio e la luce non ha grammatica, eppure milioni di libri cercano di raccontarli.

    Robert Macfarlane

    Adverum Srl is a consultancy company that has been working in favor of local businesses since 2006, encouraging their creation, development and achievement of corporate objectives. Particularly active in subsidized finance, it is able to make the most of the tenders made available by the European Economic Community, the State and the Lombardy Region. An activity that has allowed numerous local companies to be financed (at zero interest or non-repayable) and to become a safe point of reference in the area. This portal aims to provide entrepreneurial stimuli by looking at the needs of the territory, but keep the interest of economic operators alive and remain constantly updated on tenders useful to companies.

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