Iniziativa Newsletter | May 2026

Subsidized finance, industrial policy, and business growth: in our new newsletter, we explore some of the trends that are redefining investment and the competitiveness of Italian businesses.

Since the approval of the Next Geosolutions Development Contract, the fourth CdS approved by Iniziativa in 2026, from the discussion on industrial policy in Southern Italy promoted by IPE Business School to the new tools to support the technological and productive transition of SMEs.

The focus will also be on the new Sustainable Investments 4.0 call for proposals, the implementing decree for the 2026 Hyper-Depreciation Act, and growth opportunities related to innovation, research, and the digital transition.

A reading to understand how public instruments can become a concrete lever for industrial development, competitiveness, and long-term growth.

👉 The full newsletter is available in the post

Latest Articles

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July 10, 2026

28DIGITAL: Funding for the co-creation and development of digital startups

July 3, 2026

Innovative Health Iniziativa Call 13: Approximately €85 million to address immune-related diseases in older adults, reduce animal testing, and promote early-stage healthcare innovation.

July 3, 2026

JU Chips: New calls coming soon for the semiconductor, quantum technologies, and electronic systems sectors.

June 30, 2026

Success Cases

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

General Company of Mineral Waters SpA (formerly Acqua Lete SpA)

Between 2019 and 2023, the company invested in the construction of a production line for bottling 1.5-liter mineral water.

Contract: Credito Mezzogiorno - Article 1, paragraphs 98 to 108, of Law No. 208 of 28 December 2015, and subsequent amendments
Project cost: €6.101.000,00
Contribution: €1.525.000,00

Commune of Rimini

Technical assistance for operations supporting the economic-financial feasibility analysis and instrumental and ancillary activities inherent to the tender for the awarding of the New Municipal Swimming Pool

Date: 2025

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

Sustainability Report

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

Sector: Production of paper and cardboard
Turnover: €63.405.288
Date: 2022

MUNICIPALITY OF GIUGLIANO – SCHOOL BUILDINGS

Technical assistance to the Grantor in the evaluation of a Project Financing proposal presented pursuant to paragraph 15 of the art. 183 of Legislative Decree 50/2016 concerning the intervention of "realization of the modernization of sewage systems and management of monitoring and emergency services"

Sector: Facility Management PPP
Date: 2020

Sustainability Report

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

Sector: Production of Plastic Materials
Turnover: €69.978.904
Date: 2023

Sustainability reports

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

Sector: Knowledge & Technology Intensive Company
Date: 2024

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

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

Textile industry
Date: 2023

Management control

Support for the implementation of industrial accounting and management control

Sector: Flexible Packaging Production
Date: 2026

Technical assistance

Technical support activities to the CPT Regional Unit of Bolzano for the analysis of economic-financial and equity data and processing of economic, financial, management and ESG performance indicators of the complex of Local Public Enterprises (around 115 entities) with a focus on investee companies with direct participation from the Province (22 entities)

Sector: Investee Companies - performance analysis
Date: 2023
Value of turnover of the companies analyzed: From €3 million to €169 million

Cantu Next

“Construction of the new multifunctional arena of Cantù” through the procedure provided for in paragraph 304 art. 1 of the 2014 stability law – Technical assistance to the proposer with particular reference to the drafting activities of the Economic and Financial Plan.

Sector: Sports facilities
Date: 2020

SEA SpA Hilton – Sorrento Palace

Renovation of 19 accommodation facilities in order to improve the competitiveness of the luxury segment (4 and 5 stars) of the tourist offer system of the Sorrento peninsula, the main tourist destination in Campania.

Contract: Development Contract
Project cost: €47.899.483,80
Non-refundable contribution: €15.011.599,00
Concessionary Financing: €19.423.370,00
Date: April 2020

San Michele SRL Nursing Home

The company has acquired additional diagnostic equipment to expand the services offered.

Contract: ZES Credit - Article 16 of Legislative Decree 19.09.2023 n. 124
Project cost: €850.920,00
Contribution: €340.367,00

Pfe

Contract for the awarding of concessions for interventions and services aimed at containing ICA and reducing the environmental impact of the Cannizzaro Hospital in Catania.

Date: 2025

Business Process Reengineering

Sector: Textile Company
Turnover: €36.081.512
Date: 2022

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

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

“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

Mati Group and VIS Pesaro

Redevelopment, expansion, adaptation and improvement of the “Villa Fastiggi” sports centre in Pesaro and its functional and economic management

Date: 2019-2022/XNUMX/XNUMX

Metropolitan City of Rome Capital

Support in the development of school sports facilities through PPP projects. Key activities include drafting regulations, creating internal guidelines to manage the incoming initiatives, and providing technical and financial assistance in their evaluation, as well as training staff on PPP regulations.

Date: 2024-2025/XNUMX/XNUMX

Protom Group SpA

Acquisition of the Espero business unit with geographical expansion of the market served; Iniziativa assisted the operation 360°.

Sector: Education and Knowledge development
Deal: M&A - buy side
Date: 2024
Value:ND

Solacem F2i

Sale of the majority stake to F2i; Iniziativa acted as financial advisor to the sellers.

Sector: Infrastructure
Deal: M&A - sell side
Date: 2026
Value:ND

Management control

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

Sector: Environmental analyses
Turnover: €4.090.257
Date: 2020

CA.MPANIA

MEASUREMENT CHARACTERIZATION OF POLYMERS: NON-INVASIVE ANALYSIS

Contract: Campania startUp 2020
Project cost: €78.862,00
Contribution: €67.032,70
Date: June 2023

Unidata

Implementation of an advanced fiber optic, Wi-Fi, and IoT connectivity system for Sapienza University of Rome

Date: 2025

SEGLUCO

“Eating well and gluten-free: development of a gluten-free croissant (already cooked and frozen) with valuable nutritional characteristics

Contract: PON Horizon2020
Project cost: €2.336.625,00
Contribution to spending: €812.156,25
Concessionary Financing: €467.325,00
Date: June 2021

City of Naples

Support in structuring internal processes and in administrative staff training, through assistance in managing the evaluation of PPP proposals, assistance in drafting guidelines for private individuals intending to submit proposals and the development of an internal handbook for evaluation procedures by officials.

Date: 2023-2025/XNUMX/XNUMX

Pisa Sporting Club

Iniziativa acted as financial advisor in structuring the financing transaction for the construction of the Pisa Training Centre.

Sector: Sports Facilities
Deal: Debt Arrangement
Date: 2026
Value: 3.000.000,00

€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 |