Start ups: what they are and the Smart & Start program.
The term start-up will identify new businesses and the cradle of the basic processes that could give rise to a large company. Nell 'current economic system, these activities are the only engine that generates new jobs and this is why the countries should fund youth ideas that might be able to provide a robust and rapid development for the future of the country. Precisely for this purpose, it was born on Smart & Start program. Smart & start Funded by the Ministry of Economic Development, the Smart-start program, from February 16, 2015 supports the new innovative start-ups, funding projects that provide for an amount in spending programs between 100,000 and 1.5 million Euros for the purchase of goods investment.
Unlike the previous program, funding (250 million euro) will be extended throughout the national territory and for innovative start-ups consist of no more than four years and entered in the special register of the Registrar of Companies or people who want to start a business from scratch. The facilities also will be used also to cover, through a scratch, up to 80% rate in project funding of between 100,000 and 500,000 Euros of the subjects that have enabled business processes in less than 48 months of age and 20 % of funding, however, will be paid a grant to the programs implemented in Basilicata, Calabria, Campania, Apulia, Sardinia, Sicily and in the Aquilano crater area. It was introduced also a preferential way for applications that already provide a loan by a qualified investor for at least 30% of the project value. The expenses must be incurred only after the submission of the application and within the two years following the signing of the contract and questions to take advantage of these benefits will only be made directly online on the project website as of the date indicated in the ministerial circular of publication of the immediate conduct.