Real economy. €1 billion for SMEs and Mid-Caps

Thanks to a financing agreement with Cassa Depositi e Prestiti (CDP), Intesa Sanpaolo is making €1 billion available to Italian micro, small and medium-sized enterprises.

The joint initiative supports the real economy and will foster the growth of the area in which the financed companies operate, as well as employment levels.

The resources are earmarked for investments aiming to:

• strengthen the main national production chains
• cover expenditure on tangible or intangible fixed assets
• assist with working capital requirements.

More specifically, disbursements can be up to €25 million per individual project and with a duration of up to 18 years.

The operation is part of the broader collaboration between Intesa Sanpaolo and CDP that, since 2021, has made resources available in the amount of €3.8 billion, supporting 1,300 Italian companies and with the aim of supporting just as many again over the next three years.