we receive e we publish the following press release issued by Intesa Sanpaolo.
Da Intesa Sanpaolo 10 billion euros for the Piedmont companies thanks to Your future is our business, the new program of the Banking Group that at a national level makes available 120 billion euros until 2026 to support the planning of SMEs and smaller companies, a vital system of Italian entrepreneurship and supply chains in the territories. The plan includes a series of interventions that are part of the Group's actions to support the achievement of the objectives set in the PNRR, for which a total of over 410 billion euros have been allocated, as announced by CEO Carlo Messina.
The program was presented on September 11 to Turin entrepreneurs in an event involving the Association of Small and Medium Enterprises in the presence of Brigitte Sardo, Vice President of Api Turin. In the meeting at the API headquarters in via Pianezza, the Association and the Bank shared the importance of encouraging new investments for the competitiveness of the territory, accelerating the dynamics of good performance of the production system and ensuring the immediate activation of sustainable and long-term strategies.
The three pillars of 'Your future is our business'
Your future is our business aims to accelerate the transformation processes necessary for industrial renewal, energy and digital transition of companies, facilitating access to the new PNRR measures and intervening on three priority areas:
Transition 5.0 and energy
The regulatory framework of the plan Transition 5.0 system provides about 13 billion di tax credits in the face of achieving energy efficiency goals. Together with its partners and Sace, Intesa Sanpaolo has created dedicated and subsidized financing solutions, consultancy for access to tax breaks and issuing of related certifications and training with the aim of integrating competitiveness and sustainability thanks to new investments for development, savings and energy production aimed at efficient consumption. Still on the energy front and with reference to the PNRR measure relating to incentives for Renewable Energy Communities, the leading Italian group provides dedicated solutions for shared energy also in the form of collective self-consumption, with specific and subsidized financing, as well as advisory models for the construction of new innovative systems aimed at energy saving.
Foreign development and new markets
The redefinition of the export geographies and the geopolitical situation are essential to accompany the strong propensity of companies to export the excellence of "Made in Italy". Intesa Sanpaolo combines financial solutions and the expertise of its specialized structures. Thanks to its deep-rooted and widespread international presence, the Group provides for the identification of the best product sectors and new potential markets - in particular Eastern Europe, India and the United Arab Emirates - in addition to offering specific training courses.
Digital progress and security
Chemical e skills digital They are strategic for competitiveness, but at the same time they are indispensable security systems for the protection of the customer, the company and growth. For companies looking at new businesses, the Bank has developed protection and financial tools, including the new Cyber Loan. Thanks to its partners and ESG Laboratories present throughout Italy, Intesa Sanpaolo involves companies in qualified digital training courses.
Focus on the agri-food sector: Agri Growth
Of particular relevance within the new programme is the agri-food sector which presents unique characteristics and requires specific support in the transition towards more innovative, profitable and sustainable models. Since 2021, Intesa Sanpaolo has dedicated a national network to Agribusiness capable of following the entire production chain up to transformation. A network with over 1.000 professionals serving 84 thousand companies, which has made it possible to support the sector with disbursements for approximately 9 billion euros and to support over 170 supply chains. Among the new features of the Your Future is Our Business program is Agri Growth, the line of financing with a duration of up to 30 years dedicated to the development of production that can be modulated on the production cycle of the relevant supply chain, which is added to the products for coverage against risks on raw materials and ad hoc solutions for energy efficiency and international growth.
Stefano Chaplains, regional director of Piedmont North, Valle d'Aosta and Sardinia of Intesa Sanpaolo, stated: “With this initiative, not only are we making available 10 billion euros reserved for Piedmont, but we are also accompanying companies in identifying the necessary investments, helping them to train and access Transition 5.0 by benefiting from important tax credits. The latter is a unique and highly anticipated opportunity, but requires speed and effectiveness in the presentation of projects. Intesa Sanpaolo has made the free Incent Now platform available and activated targeted support for interested companies. There are – concludes Cappellari – the conditions for a recovery in investments and also to further fuel the growth of the supply chain. Your future is our business is in fact an opportunity also for small businesses, in particular for those that we support through the 86 customer supply chains in Piedmont for a total of 4.400 supplier companies”.
Intesa Sanpaolo
Understanding St. Paul, with over 422 billion euros in loans and 1.350 billion euros in customer financial assets at the end of June 2024, is the largest banking group in Italy with a significant international presence. It is a European leader in wealth management, with a strong focus on digital and fintech. In the ESG field, by 2025, 115 billion euros of Impact disbursements are planned for the community and the green transition. The program for and in support of people in difficulty is 1,5 billion euros (2023-2027). The Bank's museum network, the Gallerie d'Italia, is an exhibition venue for the artistic heritage owned by the Bank and for cultural projects of recognized value.
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