Funding for SIMEST internationalization: E-commerce

SIMEST offers a subsidized rate financing program, at a “de minimis” regime, to all joint-stock companies in single form or in the Entity Network that have filed at least two financial statements relating to two complete years with the Business Register, for the development of E-Commerce solutions in non-EU countries through the use of a Market Place or the creation of an IT platform developed in-house for the dissemination of goods and / or services produced in Italy or distributed under the Italian brand.
The loan can cover up to 100% of the budgeted expenses, up to a maximum of 15% of the average revenues resulting from the last two financial statements approved and filed.
The maximum amount that can be financed is € 450,000.00 for the construction of its own platform and € 300,000.00 for the use of a market place provided by third parties, while the minimum amount that can be financed is € 25,000.00 in in both cases.
The duration of the loan is 4 years, 1 of which is pre-amortization, in which only interest is paid and 3 years of amortization for the repayment of principal and interest; the installments are deferred half-yearly with constant capital.
Among the extraordinary measures there is the possibility of requesting exemption from guarantees for the whole of 2020, the possibility of obtaining up to 40% of the loan (within the limit of 100 thousand euros) as a grant, and the reimbursement of the remaining portion at a subsidized rate. equal to 10% of the EU reference rate.
More information is available in the dedicated section of the SIMEST portal