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CDP promotes the adoption of innovative production methods by Italian enterprises with a view to encouraging sustainable economic growth with a low impact on the environment
The Sustainable Growth Fund was established in 2012 as part of reforms to enterprise incentive programmes, which restructured the special Revolving Fund for Technological Innovation (FIT – Technological Innovation Fund).
The Sustainable Growth Fund is a measure managed by the Ministry of Economic Development, under which CDP grants subsidised loans to enterprises to promote investment in research and development that can boost the competitiveness of the country, in line with the objectives set by the Horizon 2020 programme.
Specifically, the fund focuses on the following funding priorities:
Today, CDP draws on its funding to support subsidised lending in the target areas of the Digital Agenda and Sustainable Industry, for which funding of €100 million and €350 million has been earmarked respectively.
The Digital Agenda programme aims to support major research and development projectswith the scope of leveraging the potential of ICT to promote innovation, cost savings, economic growth, job growth, and competitiveness, and which build on specific fundamental enabling technologies.
The Sustainable Industry programme is designed to support major research and development projects aimed at promoting sustainable growth, with a view to fostering a more efficiency, in terms of resource allocation, more competitive and greener economy, and which build on specific fundamental enabling technologies.