Of that, 100 million euros ($ 104.32 million) are allocated to development contracts, 100 million euros for mini development contracts, 15 million euros ($ 15.65 million) to support a green and digital transition, and € 30.5 million ($ 31.8 million) assigned to promote sustainability in the sector.
Italy has recently assigned $ 260.8 million for the national fashion sector, the Minister of Business and “made in Italy,” Adolfo Urso recently announced. Of that, $ 104.32 million each is destined for development contracts and mini development contracts, $ 15.65 million to support a green and digital transition, and $ 31.8 million have been assigned to promote sustainability.
“This important financial commitment, implemented through concrete tools, aims to provide stability and confidence to fashion companies, allowing them to return to growth,” said the minister in an official statement.
A key element in this strategy is the bill of small and medium enterprises (SME) promoted by The Ministry and recently approved by the Council of Ministers.
This bill assigns 100 million euros for development contracts in the fashion sector and introduces innovative measures such as generational commercial incentives, business aggregation incentives and the long -awaited reform of the Confidi system (credit guarantee).
The minister said in More than 22 billion euros It will be assigned to companies In all production sectors this year.
The measures introduced include almost 9 billion for fiscal measures under transition plans 4.0 and 5.0 and rewarded Corporate Income Tax (IRES); € 2.2 billion for tax credits in the Unified Special Economic Zone (ZES); more than € 7.5 billion for development and mini development contracts; and € 1.7 billion under the new Sabatini scheme.
“This is a significant commitment given the budget limitations, of which the fashion industry can also benefit,” Urso emphasized. “Of this, 3 billion euros are exclusively for SMEs and 4 billion euros are specifically assigned to companies in southern Italy,” he said.
Regarding the fiscal credit for investigation and development, Urso announced an amendment to the Decree of Milleporoghe, with the aim of improving the existing provisions of the Budget Law. This amendment seeks to provide a sustainable solution to past issues, which continue to carry fashion companies.
Among other provisions, the amendment Reopens the deadline for adhesion to the reimbursement procedure; Introduce a discount as an alternative to direct contributions, benefiting companies that need to pay significant amounts; and assign a total of € 250 million for this initiative.
Work mInyumity He informed that the use of the fashion sector of extraordinary salary support measures has been minimal last year.
According to the data of 2024 and 2025 of the Nazionale isituto Della Preveza Social (National Institute of Social Security), the Government assigned € 110 million for salary subsidies in the fashion sector: 73.6 million euros for 2024 and 36.8 million euros by 2025 However, however, however, however, however, however. Only € 2.9 million have been disbursed so far.
Therefore, both ministries will initiate discussions with regional governments to extend salary support measures and redefine their scope to guarantee complete use.
Fiber2Fashion News Desk (DS)
