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IN GREEN SHAPE – UK Friday 3 rd of October 2014 Case Study of a Small Business Idea.

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Presentation on theme: "IN GREEN SHAPE – UK Friday 3 rd of October 2014 Case Study of a Small Business Idea."— Presentation transcript:

1 IN GREEN SHAPE – UK Friday 3 rd of October 2014 Case Study of a Small Business Idea

2 ITALY FUNDING FOR BUSINESS START UP (1) FUNDINGS can be divided into 2 categories: Regional (Veneto Region) National (Italy)

3 ITALY FUNDING FOR BUSINESS START UP (2) REGIONAL FUNDING (VENETO) It is a financing program of the Veneto Region, involving different local players to create an operational network and support the life of women and young people throughout their career, from the business idea to its consolidation by providing free professional tools for training and knowledge. It is addressed to 1.Women and young people 2.New entrepreneurs 3.Students 4.Unemployed 5.Business led by young people or women HTTP://imprenditoriafemminilegiovanile.regione.veneto.it

4 ITALY FUNDING FOR BUSINESS START UP (3) SPECIFIC OBJECTIVES: Support to the business start up: research activity characteristics of business led by women and their needs, information, guidance, planning (courses and assistance during the business plan development) evaluation of the entrepreneurial attitudes (above all in case of unemployed people through specific tests) Education to self entrepreneurship in schools and universities of the region to disseminate the self entrepreneurship culture and introducing the labour market (explaining self employment as well)presentation of positive models through mentoring activities; Promotion of creativity, innovation and entrepreneurship through specific meetings and with experts Promotion of self employment for unemployed people (evaluation of their entrepreneurial skills, underlining their strenght and weakness in starting up their business) Support to new business to reduce the number of failure and to help them for a possible re-planning in the market (assistance, training)

5 ITALY FUNDING FOR BUSINESS START UP (4) TYPES OF FUNDINGS LOST IN A RELIEF FUND SIZE EQUAL TO 50% OF ACCOUNTED COSTS. Non-operating to the current date. BENEFITS IN THE FORM JOINT: FINANCING AND EASY grant: operational ROTATION FUND FOR WOMEN'S BUSINESS - LR 1/2000 ROTATION FUND FOR YOUNG ENTREPRENEURS - LR 57/1999 Loans for women entrepreneurs, the Ministry of Labour promotes new opportunities for all women with a business idea from Microcredit: restart from you.' Women interested in obtaining funding for the implementation of a new business idea have to check the web site microcreditodonna.eu fill out the inquiry form with their details. The staff, after receiving the request will contact them and follow them in all phases of information and lending. The site is operated by National Agency for Microcredit - Headquarters: Via Vittoria Colonna, 1-00193 Rome - email: info@microcreditodonna.it.

6 FOR WOMEN – LAW 01/2000 Regional Law n. 1/2000 Women Entrepreneurs The Regional Law 1/2000 provides a contribution to the capital and financing / leasing at a subsidized rate. Small and medium enterprises managed by women will be able to enjoy these opportunities Funding will be allocated for new investments. The budget is 3 million euro. Small and Medium Enterprises = Ltd, cooperatives, partnerships and capital. These companies should have legal headquarter in Veneto and have a predominantly female participation, either as owners, or as administrators (note: in this case, members must be at least two-thirds of women and the share capital must be at least 51% owned by women). activities allowed: primary Sector Agribusiness manufacturing craftsman tourism Commerce and services Other (the requirements must be satisfied by at least 6 months prior to application and for at least five years from the grant of subsidy) With this notice, you can: work on buildings (construction, renewal, upgrading extension) buy machinery and equipment buy software licenses and intangible assets. to carry out studies and consultations designs (provided by external and related to the investment project) The support consists in a contribution of 15% of the capital required and a bank loan at a subsidized rate for leasing 85% of the project cost. The system is a revolving fund with two equal shares of funding. The investment will be between 20,000 and 100,000 euros.

7 FOR YOUNG ENTREPRENEURS – LR 57/1999 The law n. 57/99 is intended to facilitate the establishment of new sole proprietorships, partnerships and cooperatives in the manufacturing, commercial and service sectors, company of people and capital with a prevailing participation of young people are also eligible. The company does not have to be made ​​ up of not more than one year or to be established prior to the date of submission of the application for admission to facilities provided by the regional law. Small and medium businesses who want access to these facilities must: be located in the Region of Veneto the holders of at least 60% of the members are people aged between 18 and 35 years old. The eligible activities include: The agri-food sector and agro-industrial. The manufacturing sector. The craft sector. The tourist sector The sector of trade and services and other activities. Eligible expenditure: Plant, machinery and equipment. Design and supervision of works (maximum 5% of total investment) Purchase of patent / trademark and license software. Purchase of software. Notary acts and the constitution of society. Market analysis and promotion. Consultations for the organization (non-continuous) Restructuring (including restoration) of property (max 20% of total investment) The facilities consist of: a capital contribution grant equal to 15% of the project cost a bank loan or lease at a subsidized rate to 85% of the cost of the project, implemented with the system of revolving fund. The investment will be between 20,000 and 100,000 Euros.

8 BEST PRACTICE - RETICA Retica is a counseling company that deals with human resources in company contexts and, in general, for profit and not for profit associations. In its development it has widened its services offering an organic support to enterprises, training centers, not for profit associations relating with: Advice and organization of training initiatives for companies, research and management of plans for public financing, provision of trainers, didactic materials and equipped rooms, equipped placed for outdoor training, co-planning of training, logistics and organizational support in activity management, residential training research in agro-food field, marketing planning and technical support to their realization, especially for small enterprises in agricultural and touristic sectors. http://retica.net/

9 Thanks for your attention FOR FURTHER INFO CONTACT Associazione NET Via Alfieri 9 35020 Roncaglia – Padova (Italy) Tel 00390498961994 Mail: info@associazionenet.it Web site: www.associazionenet.it


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