The initiative will allow for the re-submission of applications to access the incentives provided by the FRI-Tur, the NRRP measure aimed at boosting access to credit for companies in the sector.
The resources made available for energy redevelopment, environmental sustainability and digital innovation measures total 1.4 billion euros, a figure that includes the investments already admitted to the first edition of the project.
Support even more tourism businesses through investment programmes in energy transition, environmental sustainability and digital innovation to make the sector more attractive and competitive both in Italy and abroad. With this objective in mind, the agreement between the Ministry of Tourism, Cassa Depositi e Prestiti (CDP) and the Italian Banking Association (ABI) is being renewed: from 1 to 31 July a second window will be open to submit new applications for access to the incentives provided by the FRI-Tur, the measure of the National Recovery and Resilience Plan aimed at facilitating access to credit and investment for SMEs in the sector.
The subsidies take the form of a capital contribution granted to the beneficiary companies by the Ministry of Tourism drawing from 180 million euros in NRRP resources. In addition to these are subsidised loans granted by CDP under the Revolving Fund to Support Business and Research Investment (FRI), for a total of up to 600 million euros, alongside loans of the same amount and duration (up to 15 years) granted by the banking sector at market conditions. The overall total amount of funds available - including investments already admitted during the first edition launched last year - is almost 1.4 billion euros
The incentives may be granted to hotels, open-air and agro-tourism establishments, enterprises in the recreational, fair and conference sector, including bathing establishments, spa complexes, marinas and theme parks.
The investment programmes must have eligible expenditures between 500 thousand and 10 million euros consistent with the EU DNSH (Do No Significant Harm) principle, i.e. not causing any significant harm to the environment. The measure also includes a 50% reserve for green investments and a 40% reserve for South Italy.
The reopening of the funding follows the changes introduced by the Ministry of Tourism in the Notice of last 7 May. Projects can be submitted starting on 1 July via the Invitalia website, which manages the incentive, accessible at this link.