Soft Loans using NRRP - NextGenerationEU resources
Loans using European Union resources under the National Recovery and Resilience Plan (NRRP)
Three credit lines to help Italian SMEs and mid-caps develop sustainably and digitally on international markets. Up to 25% – 40% of these soft loans is non-repayable for companies in southern Italy – within the limit of the total government subsidies granted under the Temporary Framework, and borrowers need not provide guarantees.
The Covid-19 Temporary Framework ended on 30 June 2022 and the resources made available with the NRRP – Fund 394 measure were fully committed at that date. Should additional resources become available as a result of any revocations, waivers or forfeitures, further loans will be submitted to the Soft Loan Committee for approval using resources under this measure, on a de minimis basis and in the order that that loan applications were received.