Italia non si ferma (No stopping Italy)

The main objective of “Italia non si ferma” (No Stopping Italy) is to encourage the inflow of ‘private savings’ into the real economy, thus helping to solve the problem of financial support for businesses at a time of considerable difficulty.

Launched in 2020, the initiative aims to provide financial support to SMEs in the Piedmont and Valle d’Aosta regionsthrough a ‘market’ project that facilitates access to credit for businesses in the shortest possible time, in order to obtain financing up to 25% of their turnover within a few days and through a mainly telematic channel, 90% of which is guaranteed by the state.

The operation supports the development of the territory, which is one of the institutional objectives of the Foundation, within the framework of public-private partnerships and, in this case, with the participation of the credit world.

It should also be noted that the remuneration reserved for the junior tranche is lower than the ‘market’ remuneration, as the institutional subscribers have waived part of the remuneration in favour of the ‘social’ return of the initiative and its positive impact on the production system of the territory.