PNRR

The National Recovery and Resilience Plan is the most impressive soft financing plan ever created.

How does it work? What are the tasks, components and investments it is divided into?

The Big Opportunity.

We pay special attention to the National Recovery and Resilience Plan, or PNRR, which is the most impressive soft financing intervention ever made.

This plan, launched by the European Union, consists of a series of interventions that, in terms of their potential impact, are comparable only to the Marshall Plan (1947-1951), which, not coincidentally, was properly called the European Recovery Program.

The plan is developed around three strategic axes:

  • digitalization and innovation

  • ecological transition

  • social inclusion and territorial rebalancing

Within the overall strategy, there are three transversal priorities:

  • gender equality

  • youth protection and empowerment

  • bridging territorial gaps

The PNRR is split into 6 missions

  • Mission 1: Digitalisation, Innovation, Competitiveness, Culture
  • Mission 2: Green Revolution and Ecological Transition
  • Mission 3: Infrastructure for Sustainable Development
  • Mission 4: Research and Innovation
  • Mission 5: Inclusion and Cohesion
  • Mission 6: Health

The 6 missions are divided into 16 functional components to achieve the economic and social objectives defined in the plan. The Components are in turn divided into 43 Lines of Intervention, which include investments, projects and reforms related to the implementation.

Mission 1 “Digitization, Innovation, Competitiveness, Culture” is divided into 3 components and aims to promote the coverage of the Italian territory with ultra-wideband networks, to improve the competitiveness of the Italian industrial system and to support the internationalization of companies and the tourism and culture sectors.

Mission 2 “Green revolution and ecological transition” consists of 4 components and includes actions for circular economy and sustainable agriculture, investments in renewable energy, hydrogen and sustainable mobility. It also includes measures for energy efficiency and building renovation, and measures for the protection of land and water resources to combat deforestation and hydrogeological disruptions, and to promote the efficient use of water and the improvement of its quality.

Mission 3 “Infrastructure for Sustainable Mobility” consists of two components to upgrade the rail network, secure road viaducts and bridges, and invest in a competitive and sustainable port system.

Mission 4 “Education and Research”, divided into 2 components, aims to improve the provision of educational services from kindergarten to university by strengthening research and its technology transfer to businesses.

Mission 5 “Inclusion and Cohesion” is divided into 3 components by promoting employment policies, strengthening social infrastructure and providing specific interventions for territorial cohesion.

Mission 6 “Health”, divided into 2 components, pays attention to the strengthening of the territorial network and the development of telemedicine. It also supports innovation, research and the digitalization of the National Health Service.

PNRR focus for Italian companies

18.7% of the total PNRR allocation will go to incentives and tax credits for businesses.

A huge injection of capital for our entrepreneurial fabric, which will be articulated within precise lines of intervention.

Below you will find some interesting lines of intervention that we invite you to explore with our help.

Mission 1 – Component 2 – Investment 1 “Transition 4.0” encourages the digital transformation of production processes and investment in intangible assets to promote post-pandemic recovery.

Mission 1 – Component 2 – Investment 2 targets high-tech investments. This line provides 40 percent grants to support investment in high-tech plant and machinery.

Mission 1 – Component 2 – Investment 5 – Sub-measure 1 provides for the refinancing of Fund 394/81, managed by Simest, which provides grants and subsidized financing to Italian companies operating in international markets.

Mission 1 – Component 2 – Investment 5 – Sub-measure 2 aims to allocate resources to promote the competitiveness of companies in terms of innovation and sustainability by generating a strong impact on international markets. Under this line, it includes feasibility studies, consulting by professionals specialized in internationalization and digital trade, innovative product and process projects, and projects that support the greening of production processes.

Mission 1 – Component 2 – Investment 6 “Industrial Property System” financed the call for the financing of projects for the improvement of patents (Patents+) with an additional 10 million euros.

Mission 1 – Component 3.4 – Tourism 4.0 finances projects to improve the facilities and services of tourism accommodation businesses in terms of competitiveness, environmental sustainability, innovation and digitalization.

Mission 2 – Component 2 – Investment 2.2 “Agrisolar Park” provides an allocation of 1,500 million euros to “support investments in production facilities in the agricultural, livestock and agro-industrial sectors to remove and dispose of existing roofs and build new insulated ones, create automated ventilation and cooling systems and install solar panels, intelligent flow and storage management systems.

Mission 4 – Component 2.3 – Investment 3.2 is a measure dedicated to the financing of start-ups, which complements the resources of the National Innovation Fund, an instrument managed by Cassa Depositi e Prestiti to support the development of venture capital. Through this intervention, the Ministry of Economic Development will increase the number of companies benefiting from the Fund by supporting 250 innovative SMEs with investments of 700 million euros.

Mission 5 – Component 1.1 – Investment 1.2 “Creation of women’s enterprises” is a measure implemented through the interventions of the Women’s Enterprise Fund, the NITO-ON measure and the Smart&Start Italia measure. The amount of resources allocated to the investment “Creation of Women’s Enterprises” is 400 million euro.