Octagona Srl/Internationalization News/Reggio Emilia Chamber of Commerce internationalization call in favor of Reggio Emilia SMEs
Reggio Emilia Chamber of Commerce internationalization call in favor of Reggio Emilia SMEs

Reggio Emilia Chamber of Commerce internationalization call in favor of Reggio Emilia SMEs

In summary
  • The Chamber of Commerce of Reggio Emilia has allocated 500,000 euros to finance internationalization services for micro, small and medium-sized enterprises in the province.
  • The contribution is fully funded up to 14,000 euros, with an additional bonus of 250 euros linked to the legality rating.
  • Applications are accepted from 10:00 on March 14, 2023 until 16:00 on July 27, 2023.
  • The minimum allowable investment is 3,000 euros, with expenses considered net of VAT, other taxes, fees and rights.
  • TEM, DEM and EXIM Managers are eligible for funding, virtual B2B matchmaking and participation in virtual or in-person trade shows with certified international qualifications.
Index

The Reggio Emilia Chamber of Commerce has opened a new call for micro, small and medium-sized enterprises with registered office and/or operating unit in the province of Reggio Emilia, in order to finance the acquisition of services that promote the start-up and development of international trade, including through the use of digital technologies.

The announcement includes a allocation of 500,000 euros and the Facilities are non-repayable up to a maximum of 14,000 euros, with an additional 250 euro bonus related to the legality rating. Applications may be submitted From 10:00 a.m. on March 14, 2023 by 4:00 p.m. on July 27, 2023.

To whom the internationalization call is addressed Chamber of Commerce Reggio Emilia

Businesses eligible for the facilities are those with registered offices and/or business units in the province of Reggio Emilia and with eligible expenses net of VAT and other taxes, fees and duties. Eligible expenses include consultancy services and/or provision of services related to one or more areas of business in support of international trade, membership fees for the various services of digital platforms for business meetings, and the creation of exhibition space for in-person or virtual fairs.

Eligible expenses and expected facilitation

Facilities will be awarded for the following areas of activity:

  1. Internal skills development through The use in the enterprise of TEM; DEM and EXIM Manager (maximum contribution 14,000.00 euros);
  2. Implementation of “virtual matchmaking”, or the development of individual or collective paths of virtual B2B business meetings between international buyers and domestic operators, also in preparation for possible future incoming and outgoing activities (maximum contribution 6,000.00 euros);
  3. Virtual trade show participations (maximum contribution 6,000.00 euros) and, where possible, the Participation in attendance at international trade fairs organized abroad (maximum contribution 8,000.00 euros) or in Italy (maximum contribution 6,000.00 euros) provided they have certified international qualification.

The minimum investment deemed eligible for subsidy May not be less than 3,000 euros.

Conclusions on the Call for SMEs for internationalization - Reggio Emilia Chamber of Commerce

The announcement represents An important opportunity for businesses in the province of Reggio Emilia who want to invest in international trade and develop new markets through the adoption of digital technologies. The use of TEM, DEM and EXIM Manager can help companies improve their export and import management capabilities, while participation in international trade shows, virtual or in-person, can enable companies to present their products and services to a global audience, meet new customers and create new business opportunities.

Contact Octagona by clicking the button below and find out how to apply: we can offer operational support to help you expand your business in international markets.

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Octagona Srl/Internationalization News/Reggio Emilia Chamber of Commerce internationalization call in favor of Reggio Emilia SMEs

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Frequently Asked Questions

What is the value of the internationalization call for the Chamber of Commerce of Reggio Emilia and what contribution can be obtained?

The call for applications allocates a total of 500,000 euros and grants subsidies of up to a maximum of 14,000 euros per company. An additional bonus of 250 euros linked to the legality rating is also provided. The actual contribution depends on the chosen field of activity, each with its own maximum ceiling.

Who can apply for the Chamber of Commerce of Reggio Emilia’s internationalization call?

Micro, small and medium-sized enterprises with a registered office and/or operational unit in the province of Reggio Emilia may apply. They must also incur eligible expenses, calculated net of VAT and other taxes, fees and charges. The goal is to finance services for starting and developing international trade, including through digital technologies.

What are the deadlines for submitting the application for the Chamber of Commerce of Reggio Emilia’s export tender?

Applications can be submitted from 10:00 on March 14, 2023, until 16:00 on July 27, 2023. Therefore, anyone wishing to access the grant must submit their application within this timeframe, preparing in advance the documentation on the eligible expenses and the services they intend to purchase.

Which expenses are eligible under the call for applications for the internationalization of SMEs in Reggio Emilia and with what maximum limits?

Three areas are eligible: the inclusion in the company of TEM, DEM or EXIM Managers (up to 14,000 euros), the virtual B2B matchmaking with international buyers (up to 6,000 euros) and trade shows. The virtual trade shows cost 6,000 euros, those abroad cost 8,000 euros and those in Italy cost 6,000 euros.

What is the minimum investment required to access the contribution from the Chamber of Commerce of Reggio Emilia for internationalization?

The minimum eligible investment is 3,000 euros. Expenses are considered net of VAT and other taxes, fees and rights. A project with a lower amount cannot access the incentive, so it is advisable to check in advance that the service quote exceeds this threshold.

Which international trade fairs are eligible for funding under the Reggio Emilia Chamber of Commerce tender?

Virtual fairs are eligible for funding, with a maximum contribution of 6,000 euros, and, where possible, participation in person at international fairs. The maximum is 8,000 euros for fairs organized abroad and 6,000 euros for those in Italy, provided they have a certified international qualification.

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