Thanks to simest’s subsidized loans, it is really worth investing in international fairs and a cardboard stand is the right business card to impress!
After a year of stop due to the effects of Covid19, finally the international fairs are about to start again and the time has come to warm up the engines and prepare for the next exhibitions, in order to avoid being caught unprepared, right now that we can see the post-pandemic recovery. And, thanks to the SIMEST incentives, you can cover the costs for the realization of Nardi’s ecological cardboard stands. Let’s see how, point by point!
What are these benefits?
SIMEST will stipulate non-repayable or subsidized loans for participation in fairs and exhibitions. The project is part of the promotion of the internationalization process of Italian companies.
What is SIMEST?
SIMEST is a company of the Cassa depositi e prestiti Group that follows Italian companies throughout the expansion cycle abroad: since 1991 it has been a partner in the growth of companies that decide to expand abroad and precisely in this perspective supports participation in fairs, exhibitions, system missions and promotional events to promote Italian businesses on new international markets.
What expenses are included in the funding?
These are the eligible expenditures for funding:
- registration costs with related charges and mandatory fixed fees
- logistical expenses
- promotional expenses
- expenses for consultancy related to participation in the fair / exhibition.
- expenses per exhibition area
What are the benefits?
There are several, but obviously the most attractive thing is the possibility of obtaining a share of the non-repayable loan (there is, however, a limit of 800 thousand euros of total public facilities granted by SIMEST). In addition to this part there is the reimbursement of the remaining amount at a subsidized rate (equal to 10% of the EU reference rate). Thanks to these investments you can improve your visibility among buyers in the sector and strengthen your brand internationally, and promoting your products in new markets.
Who are the beneficiaries of the benefits?
Micro Enterprise, Large Enterprise, SME
When do you submit applications?
Applications can be sent from 3 June 2021 exclusively from the dedicated portal. The evaluation procedure will follow the chronological order until the available resources are exhausted, so it is advisable to prepare the necessary documentation in advance.