The Lombardy Regional Government reaffirms its commitment to promoting entrepreneurship and self-employment through the additional funding allocated to the “Nuova Impresa” grant scheme, designed to support individuals wishing to start a new business and seeking financial assistance to bring their projects to fruition.

The additional funding forms part of the regional initiatives aimed at fostering local economic development by encouraging the establishment of new businesses and easing the challenges associated with the early stages of business operations, which are often characterised by significant investment requirements and greater exposure to financial risk.

Over the years, the scheme has attracted growing interest, highlighting the importance of public support measures for individuals seeking to turn a business idea into a tangible opportunity for employment and economic growth. The results achieved demonstrate the scheme’s contribution to the creation of new businesses and the implementation of investment projects across the Lombardy region.

The grant scheme, administered by Unioncamere Lombardia in cooperation with the Lombardy Regional Government, is aimed at newly established small and medium-sized enterprises (SMEs) and individuals seeking to embark on an entrepreneurial journey.

Certain forms of self-employment are also eligible, including professional activities and self-employed individuals operating under an individual VAT number, provided they meet the eligibility requirements established under the scheme.

The scheme provides non-repayable grants to cover a portion of eligible expenses incurred in setting up a business. To qualify for funding, applicants must meet specific investment requirements and comply with the conditions set out in the applicable implementing provisions.

Prospective applicants should therefore verify in advance that they meet the eligibility criteria, identify which expenses qualify for funding, and establish the procedural requirements for submitting a complete and compliant application.

The additional funding allocated to the scheme represents an opportunity for individuals planning to establish a new business or professional practice, offering financial support during the initial stages of their entrepreneurial journey.

In this context, careful investment planning and a preliminary assessment of the eligibility requirements can help applicants identify available funding opportunities and manage the administrative and legal aspects of setting up their business with greater confidence.

For further information on how to apply and the applicable terms and conditions, applicants are advised to consult the official documentation published by the Lombardy Regional Government and Unioncamere Lombardia, while checking for any updates to the scheme.

The Law firm remains available to provide any further information or clarification.