Supporting the growth and competitiveness of SMEs
“Grow in the South Fund” (Fondo Cresci al Sud)
The Grow in the South Fund acquires mainly minority equity investments in the risk capital of Small and Medium-sized Companies with registered office and operations in the 8 regions of Southern Italy: Abruzzo, Basilicata, Calabria, Campania, Molise, Apulia, Sardinia and Sicily.
The Fund was established by Italian Budget Law no. 160 of 27 December 2019 (art. 1, paragraphs 321-326) with an allocation of € 250 million from Italy's Development and Cohesion Fund “FCS 2014-2020” – Planning 2014-2020.
The management of the Fund is entrusted to INVITALIA.
All projects must be presented jointly by a French and an Italian company
The two Agencies will cooperate on investment promotion in their respective countries
The MIMIT decree of 23 January 2025 provides subsidies for the development and market introduction of operational products, solutions or applications
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