New publication within the European project CLIC!

We are pleased to announce that CEO Ivo Allegro and partner Aliona Lupu of Iniziativa, together with the team of the European CLIC project coordinated by Antonia Gravagnuolo, contributed to the chapter “Circular Financing Mechanisms for Adaptive Reuse of Cultural Heritage” in the book “Implementing the Circular Economy for Sustainable Development” published by Springer.

In the chapter, solutions are proposed sustainable finance for the adaptive reuse of cultural heritage. Through circular financing mechanisms, we explore new models to ensure the valorization of cultural heritage in a sustainable and inclusive way.

Find out more about the book here: https://link.springer.com/book/10.1007/978-3-031-67628-4

Read our contribution: https://link.springer.com/chapter/10.1007/978-3-031-67628-4_20

Latest Articles

HSL | Culture isn't just a public project. It's a business opportunity.

February 11, 2026

EIC Pathfinder Open Call 2026: €166 million for research and development of emerging technologies.

February 6, 2026

Europe's Rail: €6.1 million for sustainable, passenger-oriented rail transport

February 6, 2026

Public companies, sustainability and social impact: the contribution of Iniziativa at the comparison promoted by the Rotary Club of Naples

February 4, 2026

Success Cases

Sidereus Space Dynamics

Primo Venture and CDP Venture Capital enter the capital of Sidereus Space Dynamics with a seed round of 1,5 million. Iniziativa as financial Co-Advisor he accompanied the start-up in the operation.

Acquisition transaction: Venture Capital seed round
Sector: Aerospace
Deal: 1.500.000,00
Date: 2021

EINSTAIN

Engine INSTallation And INtegration

Program: HORIZON - Clean Sky2
Project cost: €1.472.500,00
Contribution: €1.060.900,00
Date: January 2016

NASUM

Innovative nanotech-based detection equipment in the area of homeland security

Program: Horizon - SME Instrument
Project cost: €70.000
Contribution: €50.000
Date: 2016

INTEN-T

Study for the creation of the integrated intermodal logistics system in Port of Taranto back area

Program: TEN – T
Project cost: €1.865.000,00
Contribution: €932.500,00
Date: October 2014

iGUESS-MED

Innovative Greenhouse Support System in the Mediterranean Region: efficient fertigation and pest management through IoT based climate control

Program: BEFORE
Project cost: €1.733.000,00
Contribution: €1.597.700,00
Date: April 2020

“NSS2023

Next Smart system in a marine environment

Contract: Innovation Agreement
Project cost: €6.431.394,25
Contribution to spending: €2.000.354,01
Date: September 2020

Management control

Design and support for the implementation of the management control system, the design of a KPI dashboard for monitoring company performance and the optimization of organizational processes

Sector: Production of pastry products
Turnover: €3.947.216
Date: 2019

Comesvil SpA

The private equity fund Auctus Capital Partners has acquired 65% of Comesvil, an Italian excellence in the railway sector, Iniziativa supported the sellers in the deal.

Acquisition operation: Entry into the capital by Auctus Capital Partners
Sector: Railway Construction
Deal: Undisclosed
Date: 2023

RECREATE

Recovery of aeronautical waste from the perspective of industry 4.0 and sustainability

Contract: Innovation Agreement
Project cost: €5.287.587,09
Contribution to spending: €2.908.522,09
Date: July 2022

AERONAUTICAL CONSTRUCTION TECNAM SPA

Innovate and expand the product range, in particular with the development and launch of the new P2020 aircraft; as well as expanding production capacity, with the construction of a new production site.

Contract: Development Contract
Project cost: €37.536.422,57
Non-refundable contribution: €13.638.819,00
Concessionary Financing: €4.417.290,00
Date: April 2024

Engineering SpA

Consultancy and support for economic-financial and procedural aspects in all phases of the procedure relating to a PPP initiative (pursuant to paragraph 15 art. 183 Legislative Decree 50/2016) relating to an intervention of "Implementation of the Physical and IT infrastructures for the management of the drug cycle, treatment aids and physical and information flows for the Ragusa ASP"

Sector: Hospital
Date: 2019

Business Process Reengineering

Business Process Reengineering intervention aimed at the upgrade and technological development of the company's IT assets; support in the design of the company performance monitoring system and in the optimization of organizational processes

Sector: Textile Company
Turnover: €36.081.512
Date: 2022

“NGR-25”

NEXT GREEN REVOLUTION

Contract: Innovation Agreement
Project cost: €9.140.577,74
Contribution to spending: €4.495.275,01
Date: November 2022

MISENO

Multipurpose Ital-GovSatCom application Services for Emerging user Needs and Objectives

Contract: Innovation Agreements for the Space Economy
Project cost: €8.987.370,13
Non-repayable contribution: €4.192.681,20
Date: June 2020

Technical assistance

Technical assistance to the Managing Authority, to the Single Managers for Implementation/Action Line Managers and to the Certification Authority for the implementation of the intervention plan financed with the resources of the Regional Development and Cohesion Fund Campania for the programming periods 2000-2006, 2007-2013, 2014-2020, 2021-2027

Sector: Territorial authorities - Technical assistance for FSC programming, monitoring and reporting
Date: 2014 - 2026
FSC resource allocation assigned to the Campania Region: €9.323.000.000

Icimendue 2025

Improvement of product quality and consequent reduction of waste due to defects, thanks to the installation of automatic and innovative printing control systems.

Contract: Sustainable Investments 4.0
Project cost: €2.867.514,37
Non-refundable contribution: €1.433.757,10
Date: January 2023

European Digital Innovation Hub

Heritage Smart Lab

Program: Digital Europe Program and MIMIT
Project cost: €5.137.101,14
Contribution: €2.568.550,58
Date: November 2022

Business Process Reengineering

Technical support in the analysis and optimization of processes with a view to upgrading the company information system and modernizing logistics activities

Sector: Soft drinks, mineral water and other bottled water industry
Turnover: €110.516.083
Date: 2020

ARACNE

Advocating the role of Silk Art and Cultural Heritage at National and European scales

Program: Horizon
Project cost: €2.999.634,50
Contribution: €2.999.634,50
Date: March 2023

Luc-Me

Large UAS Conversion – Mro Enhancement

Contract: Major R&D Projects
Project cost: €4.837.833,32
Non-refundable contribution: €2.994.688,75
Date: August 2021

RAILROAD TO 4.0

Efficiency of the production cycle by significantly reducing processing times thanks to the purchase of new railway vehicles equipped with innovative technology.

Project cost: €1.111.600,00
Non-refundable contribution: €555.800,00
Date: December 2022

ULISSE

Usability and recyclability of materials, processes and products for sustainable air transport

Contract: Innovation Agreement
Project cost: €4.815.538,75
Contribution to spending: €1.809.923,73
Date: June 2022

Business organization

Intervention to modernize and optimize the company's organizational and management structure, with consequent updating of the Organization Regulations and the Organization Implementation Regulations, aimed at making management more efficient

Sector: Computer programming activities
Turnover: €16.392.207
Date: 2022

Evolutionary upgrading of the models in the assortment

Contract: Innovation Agreement
Project cost: €6.164.816,25
Contribution to spending: €2.073.702,19
Date: July 2022

H3PS

High Power High Scalability Aircraft Hybrid Powertrain

Program: Horizon
Project cost: €4.000.000,00
Contribution: €4.000.000,00
Date: March 2018

Corporate training

Planning of the training intervention and provision of training, in support of ANCI CAMPANIA, on the issues of Public Private Partnership to the Municipalities of the Campania Region for the simplification of relations with the Public Administrations and the increase in investment opportunities and valorisation of the municipal heritage

Sector: Association of Local Authorities - capacity building
Date: 2021

SGAM SpA

Expansion of production capacity through technological adaptation and extraordinary maintenance interventions of the production plant located in the Municipality of Pratella (CE).

Contract: Development Contract
Project cost: €28.116.140,00
Non-refundable contribution: €7.431.980,00
Date: September 2016

PUBLICAPP

Revolutionize and enhance citizen engagement through a unique dedicated public platform compassing in general aviation and unmanned aircraft applications equipment in the area of homeland security

Program: Horizon - SME Instrument
Project cost: €70.000
Contribution: €50.000
Date: 2016

Sustainability reports

Support in the preparation of the corporate sustainability report and definition of the ESG strategy and indicators for monitoring sustainable variables

Sector: Textile company
Turnover: €36.081.512
Date: 2023

South Tyrol Health Authority

Technical assistance to the Grantor in the evaluation of a Project Financing proposal relating to an intervention for the "Supply of energy carriers (hot water, steam, electricity) for the San Maurizio hospital in Bolzano"

Sector: Healthcare company PPP
Date: 2021

€1.9 billion Production investments supported | €435 billion Investments in Research & Innovation subsidized | 200 active customers with hundreds of completed transactions | 100 Project Financing/PPP Operations Supported | €1.9 billion Production investments supported | €435 billion Investments in Research & Innovation subsidized | 200 active customers with hundreds of completed transactions | 100 Project Financing/PPP Operations Supported |