Extra-EU E-commerce, new possibilities with Export Pact funding

June 24, 2020 / Calls for proposals, funding and incentives

E-commerce Outside the EU: New Opportunities with Export Pact Financing

Un’interessantissima opportunità per tutte quelle aziende italiane che fino ad ora si sono limitate a vendere via Internet sul territorio italiano od europeo e non hanno mai osato avventurarsi oltre confine. Questa iniziativa, che fa parte del recente pacchetto di rilancio dell’export italiano denominato ”Patto per l’Export” è gestita da SACE SIMEST e definisce l’accesso ad un finanziamento a tasso ultra agevolato dello 0,078% a tutte le società di capitali (anche costituite in forma di “Rete Soggetto”).

To access the funding, companies must be established as corporations and must have filed at least two financial statements for two full fiscal years with the Business Register. The funding is granted for projects that, through the use of a Marketplace or the development of an in-house IT platform, are aimed at the distribution of goods and/or services produced in Italy or distributed under an Italian brand.

How it works

Financed at a subsidized rate for expenses related to solutions to be implemented in two possible ways:
A) Directly implement your IT platform aimed at e-commerce;
B) Use a market place aimed at e-commerce provided by third parties.

Both solutions must have a national top-level domain registered in the target country and must relate to goods and/or services produced in Italy or distributed under an Italian brand name.
Funding may cover up to 100% of the estimated expenses, up to a maximum of 12.5% of the average revenue reported in the last two approved and filed financial statements. Maximum funding amount: €300,000.00 for the development of a proprietary platform and €200,000.00 for the use of a third-party marketplace. Minimum funding amount: €25,000.00 in both cases.

Term of financing

4 years including 1 year of pre-amortization in which interest only is paid and 3 years of amortization for repayment of principal and interest; installments are semi-annual in arrears with constant principal.

How to submit a funding application

Under penalty of inadmissibility, the application for subsidized financing must:
- Focus on a single non-EU destination country for registering a country-code top-level domain.
− Regarding the development of new e-commerce solutions through the use of a marketplace or the creation/implementation of a proprietary IT platform; both must have a country-code top-level domain registered in a non-EU country.
To be carried out by the applicant using the application form available on the SIMEST Portal, which must be duly completed;
- To be digitally signed by the legal representative of the applicant company.
To be sent to SIMEST using the SIMEST Portal

Benefits

– Finanziamento a tasso agevolato pari al 10% del tasso di riferimento UE
– Sviluppare il commercio digitale della tua impresa
– Possibilità di ottenere una prima erogazione per un importo pari al 50% del finanziamento
– Minori garanzie da prestare, anche in alternativa alla fideiussione bancaria, ad es. “cash collateral” costituito in pegno

Table of Contents

Come funziona il Piano per l’Export per e-commerce

The Export Plan to revive Made in Italy in the world has given rise to a series of economic revitalization initiatives for the purpose of:

- Incentivize companies, especially SMEs to implement targeted expansion plans through the support of specialized professionals
- Increase the competitiveness of the Italian system on the global market

This group of economic initiatives has been christened “Pact for Export” and its focal points are:

– comunicazione;
– promozione integrata;
– formazione/ informazione;
– e-commerce;
– sistema fieristico;
– finanza.

The total resources available for economic recovery initiatives amount to approximately 1.4 billion Euros, of which 82 million Euros are for integrated promotion and communication activities provided for by the “Cura Italia” Decree; of which 30 million are made available through a new call for Temporary Export Managers and Digital Export Managers by MAECI and Invitalia.

Cosa fare ora? Affidati all’esperienza di Octagona

From its origins, Octagona has been committed to anticipating change, which is why it has the right know-how to support you in accessing financing and defining your international business strategy. Furthermore, our network of professionals present directly in foreign markets creates fundamental added value for the execution of the most complex initiatives in international markets.

Durante gli ultimi anni Octagona ha supportato oltre 750 aziende italiane nell’ investire sull’estero, coordinando e gestendo Temporary Export Manager (TEM) e Digital Export Manager che si sono rivelati vincenti per sostenere l’accesso nei mercati esteri.

The optimal symbiosis for increasing profitability is the harmony between digital and offline actions, and the new Export Pact is a great opportunity for all those companies that in recent years did not have the tools or resources to export. Now they can have competent professionals available to support them and broaden their horizons, using the most advanced tools available, both online and offline.

Le risorse a disposizione possono aiutare la tua impresa a raggiungere nuovi clienti all’estero e dare nuove e vincenti opportunità alla tua azienda. Per ulteriori informazioni e se volete discutere delle opportunità offerte potete inviare un’email a [email protected] oppure tramite il form contatti del sito. Octagona è una realtà tra le più conosciute e rinomate nel settore dell’internazionalizzazione d’impresa. Attivi da oltre 18 anni, siamo presenti in più di 40 paesi nel mondo con risorse dirette e sedi estere di proprietà.