
Bpifrance and Invitalia announce a joint call for start-up development
All projects must be presented jointly by a French and an Italian company
Supporting the growth and competitiveness of SMEs
“Grow in the South Fund” (Fondo Cresci al Sud)
The Fund intervenes to support growth in size and competitiveness, also through acquisition and aggregation processes.
The main objectives of the Grow in the South Fund are:
The main characteristics of the target companies are:
Investments in newly established companies are also allowed, provided that they derive from the spin-off or aggregation of existing activities, without prejudice to the minimum threshold of revenues from sales and services for such activities spun off or the result of the combination of at least € 5 million.
Interventions in favour of companies that are in a state of crisis or subject to insolvency proceedings, or in the context of and in execution of recovery plans or debt restructuring agreements are excluded.
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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