SIMEST reopens loan applications

Do you have an expansion project abroad but don't know how to implement it? 

The 3 June reopen the door SIMEST, which last year allowed exporting companies to obtain grants up to €320,000 and subsidized loans up to €480,000. The grants cover expenses for:

· Capitalisation
· Participation to Exhibitions International
· Opening branches abroad
Temporary Exports Manager
· Ecommerce
· Studies of Feasibility
· Programs of Technical assistance abroad

Have you already seized the opportunity in the previous call? 

Funds are limited and until exhaustion. It is important to leave immediately, not wait until the last moment and rely on those who have known the world of business internationalization for years.

 The funds will be assigned to ICE, the Italian foreign trade agency, for the implementation of the plan.  

– 605 million euros total (2021-2024)

– 151,4 million euros per year

– 32 million annually for the creation of promotional initiatives on foreign markets 

– 30 million annually for Italian trade fairs of international significance

– 20 millions per year for startups, micro, small, medium enterprises in the form of vouchers, even non-repayable

– 20 million annually for SME e-commerce

– 15 millions per year for large-scale distribution to increase market shares in priority countries for Made in Italy

– 10 million annually for training and education on the opportunities of foreign markets

– 10 million annually for strategic promotional campaigns in the agri-food sector

– 8 million per year for the productions of excellence

– 4 million annually to attract foreign investment

– 2,4 million per year for micro and SMEs to participate in European and international tenders

ATTENTION! However, companies that want to seize this opportunity must be careful. The danger number one in this type of situation is that many consulting firms will offer their services to be able to "get on the bandwagon" without having the real experience in business internationalization.

Octagona, with more than 50 professionals who operate in over 40 countries, supports successful companies that, like yours, want badly discover new markets and profit from them. If you are really interested in developing your business abroad, and in building a quality export project then this is the opportunity you cannot miss.

Click below, fill out the form and we will contact you to listen to your idea and study the best solution together.