Emilia-Romagna Region and Cassa depositi e prestiti SpA (CDP) have signed a agreement aimed at activating restructuring and/or modernization interventions on tourist facilities from Piacenza to Rimini for a total of 150 million euros. The two institutions communicate it.
The agreement establishes the “EuReCa Turismo” regional fund, the platform created to facilitate the disbursement of loans to businesses of the sector through the granting of guarantees by the Confidi system, thanks to a "counter-guarantee" from Cassa depositi e prestiti.
The operating model is based on combined use (blending) Of regional resources and CDP resources, with the aim of supporting the local economy by facilitating access to credit for companies operating in the region's tourism sector.
With this new intervention, investment by tourism businesses will benefit from a non-repayable contribution, at least 10-20% in relation to the type of beneficiary company. The contribution will be granted directly by the Region, through a measure soon to be activated, with the identification, by CDP, of the Confidi admitted to operate on the platform.
In order to benefit from the CDP counter-guarantee, the Confidi must send an expression of interest by 12.00 on 15 May 2019 on the basis of the selection procedure available on the Emilia-Romagna Region and CDP website, at cdp.it/FondoEuReCaTurismo. After the identification of the Confidi, the companies will be able to submit the application for subsidy to the Region, making use of the collaboration of selected intermediaries.
"With the EuReCa Tourism Fund, Cassa depositi e prestiti and the Region are strengthening their collaboration and, thanks to an innovative approach, they are supporting the investment projects of companies operating in the tourism sector of Emilia Romagna." said Nuncio Tartaglia, head of CDP Companies. “This initiative is consistent with the strategic lines of the CDP Group's 2019-2021 Business Plan, which aim to support businesses and investments in strategic sectors for the country's attractiveness and competitiveness, maximizing the positive impacts on communities and the territory ”.
The Emilia-Romagna Region, from its own point of view, believes that this agreement will have the effect of stimulate private investment, bringing a further qualification of the tourist offer, with a view to a continuous commitment to the growth of the sector.
