Confidi: garanzie e finanziamenti per le imprese | CDP

Confidi ENG

CDP supports SMEs by facilitating the granting of Confidi guarantees

CDP grants guarantees to facilitate companies in accessing finance through Confidi, both medium and long term, for economic and production activities.

Imprese famiglia - innovazione crescita ENG

Who’s it for?

The beneficiary companies are identified in relation to specific initiatives promoted by CDP, in collaboration with the Regions and Ministries:

 

  • EuReCa Tourisn Fund: the fund resources are intended to support the strengthening of the tourism sector in Emilia-Romagna, by supporting the restructuring and modernisation of accommodation facilities in the region.
  • Mipaaft Fund – Olive Oil Supply Chain: the initiative aims to support the working capital needs of olive oil producers and related associations, helping them meet the financial needs related to raw material collection, processing and sales of the end product.
  • EuReCa Fund:the fund resources are intended to support the investments of SMEs in Emilia-Romagna. The aim of the initiative is to support the development of projects aimed at increasing the competitiveness and attractiveness of the production system, by innovating processes, products or services, also with a view to promoting sustainable development. The terms for applying for this fund expired in December 2018.

How does it work?

Using these indirect guarantee initiatives, CDP can use public and private resources (including from the European Community) to guarantee new portfolios of guarantees issued by Confidi. The Confidi are selected through open, transparent procedures. CDP's guarantee typically includes an 80% coverage quota and a cap for first losses which varies according to the characteristics of each specific initiative.

CDP transfers the full amount of the funding made available by the public administration to Confidi, who in turn, transfer this to the business.

This system makes it possible to activate important results in terms of financial leverage, enabling an efficient use of resources and effective blending of private and public, national and community funds.

How to apply

Companies intending to apply for support in accessing credit through this channel can contact the selected intermediaries, in relation to the specific activity of interest.

See the lists of participating banks on the individual funds’ web pages (EuReCa Tourism Fund, Mipaaft Fund - Olive oil supply chain, EuReCa Fund)

For further information:

  • Write to us using the form

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