Boosting foreign investment in research, development and innovation in Tuscany: this is the aim of the Region of Tuscany’s new EUR 10 million invitation to tender.
The aim is to stimulate the birth or development of their innovative activities in our region in various fields: from artificial intelligence to energy transition, from environmental sustainability to the research and development of new therapies or medical devices, and process and product innovation in various other sectors.
Targeted by the call are medium-large enterprises with foreign capital, i.e. companies in which the foreign investor owns at least 10% of the ordinary shares, in partnership with at least one local SME.
Tuscany is currently one of the most attractive medium-sized European regions for foreign investment, with almost 3,000 local units of multinational companies (6.2% of the national figure) and over 80,000 workers.
The resources come for the first time from EU structural funds of which the call is one of the 3 strategic measures. The projects to be presented at the call for proposals may have a value of between EUR 1.5 and 3 million and a duration of 12 months. The contribution paid out to those eligible for the call will be in the form of capital, with a range between 25 and 80% depending on the type of beneficiary.
Applications can be submitted from September 2024 on the Sviluppo Toscana portal until the available resources are exhausted.
