Elba: Contributions to Companies for Technological Innovation

The Lombard Bilateral Craftsmanship Entity (Elba) has planned to provide contributions to companies that have made technological innovation investments throughout 2024. The focus is primarily on the development of projects aimed at introducing new 4.0 business models and green-oriented models. It also aims to promote the use of services or solutions focused on new digital skills and technologies, following the strategy defined in the Transition 4.0 Plan.

The contribution is granted in the proportion of the investment, capped at certain amounts. It is 10% of the investment, with a maximum amount of 2,000 euros. In the case of predominantly young companies with most members up to 35 years old, it is 10% of the investment with a maximum amount of 4,000 euros.

The minimum expenditure of the investment is set at 7,500 euros, excluding VAT, for invoices issued in 2024 and paid by 30th April 2025. Applications should be submitted by and not later than 30th April 2025. These measures will motivate more companies to shift towards more innovative and sustainable business practices.

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