Trade fair organizations will have the opportunity to access loans of up to 10 million euros, with a non-repayable component of up to 800,000 euros. New non-repayable grants and subsidized loans thanks to a new specific component of the Fund 394.

This is because Simest, the Cassa Depositi e Prestiti Group company that supports the internationalization of companies, for the first time has provided for an expansion of incentives by extending its operations not only to support companies' participation in international fairs and exhibitions but also to the organizing bodies.

This project is in line with the 'Temporary Framework' of the European Union on State aids, that is the document issued with which the EU Commission defines the perimeter of compatibility between State aids and the economic context.

"As Ministry of Foreign Affairs and International Cooperation we have strongly supported the return to trade fairs in attendance since last June - declares Minister Luigi Di Maio - Together with Ice Agenzia and Simest, we have finalized initiatives aimed to support Italian trade fairs severely affected by negative effects of the pandemic, and to facilitate their restart, maintaining the international positioning of the sector ".

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