SIMEST. Is a Financial Institution controlled by the Italian Ministry for Economic Development, participated by leading Italian Banks and Confindustria – the General Confederation of Italian Industry
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Is a Financial Institution controlled by the Italian Ministry for Economic Development, participated by leading Italian Banks and Confindustria – the General Confederation of Italian Industry
SIMEST provides financial instruments and services to support Italian companies on foreign markets
Export of capital goods
Interest rate subsidy and stabilization for export credits
Beneficial-rate loans for programmes for the inclusion on foreign markets
Improving and safeguarding SMEs equity solidity
Financing of the capitalization of exporting SMEs
Search of business opportunities
Business scouting and match making activities
Feasibility studies or technical assistance programmes in non EU countries tied to Italian investment abroad
Financing with subsidiazed interest rate
Investing in foreign companies
Technical Assistance and training programmes
Subsidised financing of technical
SIMEST participation up to max 49% of the foreign company equity, for a duration of 8 years max.
The acquisition of equity shares by SIMEST can be related either to new or already existing companies.
SIMESTEquity participation in extra EU companies
Equity shareholding in extra EU companies
Support available for financing Italian share
SIMEST + VCF
Maximum share of 49% of the total equity of the local company.
SIMEST + FVC share, in any case, will not be higher than the total share held by the other Italian partners.
max. 8 years, in any case within the terms established for SIMEST participation
No guarantee is required for the buy-back of the VCF share.
For the VCF share a remuneration is due equal to the European Bank rate + 0,50 spread.
Up to 49%
Interest rate support for financing Italian share
Duration of financing
The programme must be developed in the period running as from the date on which the application is presented. It must be completed 2 years after the loan agreement is drawn up. The loan will be repaid over the next 5 years.
These periods may be reduced upon request by the business
Fixed for the duration of the financing and equal to 15% of the reference rate. In any case, this rate must be no less than 0.50% annually
Financing aiming to stimulate, improve and safeguard the solidity of the equity of SMEs
that have recorded average export sales for the last three years accounting for at least 20% of the total, and which, at the time of supply, are constituted in the form of an SpA
The loan may not exceed € 500,000.00 and 25% of the capital stock of the applicant business. The loan will be supplied in accordance with the application of the Community ‘de minimis’ Regulation
Stage of financing
To allow Italian exporting firms to offer foreign buyers/contractors medium and long-term deferred payment on terms that are in line with those granted by competitors in other OECD countries (Supplier credits,Buyer credits)
Machinery and plant installations, studies, services in all countries
Up to a maximum of 85% of the value of the export contract (at least 15% in cash).
The amount of financing eligible for support is up to 100% of the value of the goods and services of Italian origin
1. Exploratory phase and project definition
Subsidised financing of the feasibility study