Rotating Fund for tourism businesses: who is entitled to it and how it works

The Revolving Fund for tourism businesses is a special section of the Revolving Fund for Innovation (FRI) to facilitate access to credit for small and medium-sized enterprises and support medium-sized investments in the tourism sector.
Tourist business revolving fund
Tourist business revolving fund

The objective of the measure is to finance accommodation facilities involved in energy requalification, anti-seismic and digitalisation.

Improve the quality of Italian hospitality services in relation to international standards through the strengthening of accommodation facilities and support new investments in the exhibition sector, according to principles of environmental sustainability and digitalisation, in order to attract new tourist flows on both a national and international scale.

Who is entitled to the Rotating Fund for tourism businesses?

The measure is aimed at managers and owners of hospitality businesses of:

  • Hotel companies;
  • Agritourism businesses;
  • Companies that manage outdoor accommodation facilities;
  • Companies in the tourist, recreational, trade fair and conference sectors including bathing establishments, spa complexes, tourist ports, theme parks including water and wildlife parks.

What expenses are eligible for the Rotating Fund for tourism businesses

Investment programs that include interventions for:

  • energy requalification of structures and anti-seismic
  • elimination of architectural barriers
  • building interventions functional to the implementation of the interventions listed above
  • construction of thermal pools and purchase of equipment and equipment for thermal activities
  • digitization
  • purchase/renewal of furnishings
  • interventions concerning spa centres, tourist ports, theme parks, including water and wildlife parks.

What are the benefits

The incentives are divided into direct contributions to expenses and subsidized financing granted taking into account the size of the company and the location of the individual local units.

  • The direct contribution to the expense is granted for a maximum of 35% based on the eligible amounts of expenses;
  • Il subsidized financing it is granted at a fixed rate of 0,50% with a minimum duration of 4 years and a maximum of 15 years, of which 3 years of pre-amortization;
  • The subsidized loan is associated with a market rate bank loan of the same amount and duration, provided by the financing bank.

When does the Revolving Fund for tourism businesses expire?

Investment Programs will need to be completed no later than December 31, 2025.

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