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door from Lombardy - Business Development, growth in size and transfer of business - to stop from 03 / 2009 Lombardy

Financial Instrument of the Lombardy Region to support entrepreneurial activities geared towards innovation, technology transfer and developing competitive domestically and internationally.
The advantages are in micro, small and medium-sized businesses with headquarters in Lombardy and working in the manufacturing sector falling within the classifications ISTAT ATECO 2007 letter C.
investment projects eligible for financial assistance must be between a minimum of € 150,000 and a maximum of € 1,500,000.
The concessions are granted in the following forms of alternative techniques;
• Co-financing in the medium-term loan granted by the bank settled with the use of own funds and FRIMA;
• equity loan: financing from the bank settled with the use of own funds and FRIMO.
The financial facilitations with regard a part of eligible expenditure, which varies depending on the chosen course of action. For all three lines, the share of financial support are borne by the fund increases in the case is chosen technical form of the loan participation.
The annual nominal rate of interest applied to the resources of the fund is fixed at 0.5%. The annual nominal rate of interest charged on bank resources is defined in the contractual relationship between manager and banking institutions.

are defined as follows lines of action:
• Business development based on processes of modernization and expansion of production;
• Growth in size through acquisition of business pursued unrelated third parties;
• Relocation achieved through acquisitions of new business by corporations established by individuals.

"Business Development" supports investment projects for business development based on the modernization and expansion of production.
are eligible, excluding VAT, the following types of costs:
• Masonry works, drainage works, plant and similar expense up to 30% of total permissible
• Machinery, plant and equipment specific - brand new - needed to achieve the objectives productive
• Integrated management systems (software & hardware, up to 10% of total eligible);
• Acquisition of trademarks , patents and manufacturing licenses.

"Growth in size": Supports the company pursued growth in size through the acquisition of another company's capital, economically and financially sound, that is not already connected to it, with the direct purchase of shares or shares to an extent to allow control for the purposes of art. 2359 of cc.
Eligible expenditure in this case is the purchase price of the share.

"transfer of undertaking" support the transfer of the business property of economically and financially sound, through acquisitions of new companies (New-Co) established by individuals (family members or managers of the company or external) with the purpose of acquiring the company and with the aim to promote:
• The generational transition and the maintenance of viable enterprises in the market and competitive
• The transformation of firms engaged in predominantly family business management.
Eligible expenditure is the purchase price of all units or shares representing the entire share capital of the transfer object, excluding shares / securities held by any institutional investors and may not exceed 5 times the capital subscribed and paid in the new company (New-Co).

Applications may be submitted by March 2, 2009, subject to availability of resources. To date, the instrument is still operating.