Urgent.News

What's breaking now, across thousands of outlets.

Business

The way is open for Ligurcapital funding of 10 million for businesses and start-ups

Startups, micro, small and medium-sized Ligurian businesses, from 22 September onwards, will be able to request equity and semi-equity interventions, worth between 100,000 and 500,000 euros.

Translated from Italian Read in Italian

The way is open for Ligurcapital funding of 10 million for businesses and start-ups

Ligurian startups, micro, small and medium-sized enterprises can apply for equity and semi-equity interventions from 22 September, with values ranging from 100,000 to 500,000 euros. This is made possible by the 10-million-euro Ligurcapital fund, presented in Genoa. The fund will invest with a minority stake, alongside a private co-investor committing between 40% and 60% of the investment.

Applications will be evaluated on a first-come, first-served basis until resources are exhausted, with decisions made by an independent investment committee. Ligurcapital has previously managed 22 million euros in resources over 10 years, generating an economic impact of 123 million euros.

Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at ilsole24ore.com →

More in Business

Vietnam urged to deepen FDI linkages with domestic businesses

Vietnam must look beyond the volume of foreign investment it attracts and focus on forging stronger links between foreign invested and domestic businesses enabling Vietnamese companies to raise localisation rates and move up global supply chains a conference has heard

More from Friday 18 September →