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Database of national-level policy measures

Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

Factsheet for measure IT-2021-22/1989 – measures in Italy

Non-repayable allowance for businesses and professionals

Contributo a fondo perduto per imprese e professionisti

Country Italy , applies nationwide
Time period Open ended, started on 25 May 2021
Context COVID-19
Type Legislations or other statutory regulations
Category Supporting businesses to stay afloat
– Direct subsidies (full or partial) or damage compensation
Author Lisa Dorigatti (University of Milan) and Eurofound
Measure added 29 July 2021

Background information

Law Decree No. 73 of 25 May 2021 (so called "Support Decree bis") envisaged a new package of non-repayable contributions for businesses and professionals. The measure extends the eligibility of a similar measure introduced by Law Decree No. 41 of 22 March 2021 (the so called "Supports Decree"), by adding a reference to the economic out-turn and not just to the turnover.

Content of measure

The new package of direct subsidies envisaged by the Law Decree No. 73 of 25 May 2021 confirms the structure of the benefits and their amount introduced by Law Decree No. 41 of 22 March 2021. It also adds a specific reference to the economic out-turn of affected businesses and professionals (and not just to the turnover), thereby expanding the number of potential beneficiaries. The amount of the benefit in case of deterioration of the economic out-turn has not been established yet and will be defined by a Decree of the Ministry of Economy and Finance.

For this measure, Decree Law No. 73 of 25 May 2021 allocated €15 billion.

Use of measure

No information available.

Target groups

Workers Businesses Citizens
Does not apply to workers Applies to all businesses Does not apply to citizens

Actors and funding

Actors Funding
National government
National funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role No involvement No involvement
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • No involvement
  • Main level of involvement: N/A

Involvement

No involvement of the social partners in the drafting of the measure.

Views and reactions

No specific information available.

Sources

Citation

Eurofound (2021), Non-repayable allowance for businesses and professionals, measure IT-2021-22/1989 (measures in Italy), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/IT-2021-22_1989.html

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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.