In recent years Reindustria, investing in local economy, has consolidated its position with staff development aimed that project development and technical assistance relating to public funding requests.
Another of the fundamental roles of a local development agency is to stimulate and incentive private investments. This objective is reached through communicating and promoting to local business the opportunities that exist for finance and support by Public Administration at provincial, regional, national and European levels, and offering the assistance needed.
Among the financial instruments available to business, to meet both long and short requirement, there are public fund offers, favourable financial terms and capital contributions aimed to develop of sectors considered priorities, to counter balance geographical disparities and to increment employment and local quality life.
Reindustria, through constant analysis of public and private requirements, both business and professional training, is in a position to better target information and develop public finance investment projects for the development of the province and to better respond to proposals from individual companies, trade associations, Chamber of Commerce, Universities and research centres.
Reindustria also works in collaboration with local banks with whom an agreement as been recently signed providing for favourable terms for private investment financing.
Reindustria’s fee structure is on a positive outcome basis where a percentage is taken on receipt of the funds based on the size of the project to cover the project costs only.
The economic development is particularly linked to the development of business services and more generally to the development of innovative strategies. The specific objective is the incentivation to exploit new investment opportunities stimulating business networking and private investment, aimed at sustainable development also with the support of national and EC funding.
Reindustria facilities the process of development of productive clusters in key business sectors, to create growth opportunities and enhance innovative capacity.
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