A New Stimulus Package For Italian Start-Ups

Growth and Innovation.  On October 4, 2012 the Italian Government passed a new bill offering innovative start-ups,  researchers and investors a vast array of legal and tax instruments aimed at fostering growth and innovation, and attracting investment capitals to Italy. The bill is the latest of a series of measures enacted by the Italian Government to spur investments in innovative and technologically advanced fields, thus stimulating growth in strategic industries. The stimulus package is expected to enter into force within the next few weeks.

Innovative Start-ups.  The new stimulus measures apply to innovative start-ups that meet the following requirements:

• The majority of capital must be owned by individuals;