Action 3.8

Interventions to improve access to credit and innovative finance

Examples of activities to carry out are the following:

  • Strengthening of the government guarantee system for credit expansion (action by Programme Agreement 3. 6. 1).

A financial engineering instrument is planned in order to provide Apulian SMEs with guarantees to support access to bank credit, building on the positive experience already gained with regard to the enhancement of the role of regional COFIDI.

  • Promotion of innovative bond finance for Apulian SMEs (action by Programme Agreement 3. 6. 3)

The creation and/or participation and a financial fund to support the issuance of short and medium/long-term debt instruments of Apulian SMEs for productive investments that access financial instruments other than ordinary bank credit (such as minibonds) are envisaged.

  • Contribution to the development of the venture capital fund market for business creation and development (action by Programme Agreement 3. 6. 4)

A financial fund will be set up to support the direct participation of specialised financial operators in the capital of companies, with the aim of supporting both the creation of new companies and the consolidation and development of operational business activities.  

The types of beneficiaries are: Organisations managing the financial instruments.