Development Contracts: Challenges and Opportunities for SMEs and Law Firms

Development contracts have been lately established as one of the Italian industrial policy key instruments, due to their financial extension and ability to support complex investment programs. ItaliaOggi’s weekly magazine which deals with professionals and business, ItaliaOggiSette, has in deeply explored this instrument that, thanks also to PNRR, has been structured and well planned with thematic help desks regarding semiconductors, net-zero technologies, renewable energy and priority industrial supply chains.

“Development contracts finance industrial, agricultural, tourism and environmental protection projects” points out Giunio Tonucci of Tonucci & Partners in the weekly article. “The benefits and allowances that this instrument imply, provided by the Ministry of Business and Made in Italy, managed by Invitalia, include non-repayable grants, subsidized financing and interest rate subsidies.”

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