Facilitated Financing for Internationalization

SIMEST subsidised loans have been renewed to support investments in sustainability and digitalisation for greater competitiveness of companies and production chains in foreign markets.

The range of instruments has been updated and broadened: new instruments Digital and/or Ecological Transition and Certifications and Consulting have been added to the financing for opening offices abroad, for the development of e-commerce, for participation in international trade fairs, and for the hiring of a Temporary Manager.

In addition, for innovative, young, female or southern-based SMEs and for companies with sustainability requirements, it is possible to access a non-repayable co-financing rate of up to 10%.

Finally, advantageous conditions are foreseen for companies affected by energy price hikes or the recent flooding and for companies and supply chains with direct interests in the Western Balkans.

• From 09:00 a.m. on July 25, 2024, it will be possible to access the Portal for the compilation and submission of applications for funding related to both the new tool “Strengthening African Markets” and the new conditions dedicated to Africa of the tools “Market Placement,” “Certifications and Consulting,” “Fairs and Events,” “E-commerce,” and “Temporary Manager.”
• From 6 p.m. July 24 until 9 a.m. July 25, the Portal will be offline to allow it to be updated for the opening and no operations will be possible
• See here the operating procedures for accessing the Portal

Filling out the request

• For the purpose of filling out the application, it is necessary to (i) attach all the necessary Documentation as per the Circular, (ii) indicate the information of the legal representative, (iii) indicate the information of the beneficial owner of the requesting Enterprise, (iv) upload the contract for opening the dedicated current account, (v) Articles of Association of the enterprise. All documents must be digitally signed.
• In any case, the submission of the application does not imply the right to the deliberation/grant of the intervention, which remains subject to the completeness of the application, the existence of the access requirements, the successful completion of the SIMEST preliminary investigation and the actual availability of financial resources, as well as the positive deliberation by the Facilities Committee.