Cassa Depositi e Prestiti Initiates €100 Million Investment Boost in Calabria
Deal News | Jun 11, 2025 | Cassa Depositi e Prestiti SpA
Cassa Depositi e Prestiti (CDP), along with Associazione Bancaria Italiana (ABI) and the Region of Calabria, have introduced a pioneering financial initiative aimed at revitalizing Calabria's economy. This new endeavor will channel over €100 million into local businesses, with funds drawn from the Revolving Fund for Businesses. Presented by regional and financial leaders, this program emphasizes funding for innovation and sustainability, reinforcing the area's strategic emphasis on digital and ecological transitions. Businesses of all sizes, selected by the regional financial entity, Fincalabra, will access a mix of direct grants and loans, benefiting from funding conditions designed to foster competitiveness. This comprehensive financial package, backed by European and regional resources, aligns with Calabria's ambition to amplify its business infrastructure, attract new production, and boost regional economic growth.
Sectors
- Financial Services
- Regional Economic Development
Geography
- Italy – The entire initiative is centered around the Calabria region in Italy and involves Italian institutions.
- Calabria – The specific geographic focus of the funding initiative, which seeks to enhance economic activities in this region.
Industry
- Financial Services – The article discusses financial instruments and funding mechanisms which are integral to the financial services industry.
- Regional Economic Development – The initiative aims to bolster the local economy of Calabria, focusing on stimulating regional economic growth and development.
Financials
- €100 million – The total investment amount to be allocated to businesses in Calabria through this initiative.
- €105 million – The overall fund distributed, including direct loans and grants provided by various funding bodies.
- €35 million – The amount sourced from both the European Regional Development Fund and European Social Fund Programme.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cassa Depositi e Prestiti (CDP) | Funding Company | Company | An Italian national promotional institution involved in providing long-term funding to the region of Calabria. |
| Associazione Bancaria Italiana (ABI) | Partner | Company | The Italian Banking Association, partnering in this economic initiative. |
| Region of Calabria | Partner and Funder | Government | The regional government leading and funding the initiative to bolster the local economy. |
| Fincalabra | Selection Entity | Company | The financial entity selected to identify businesses eligible for grants and loans. |
| Rosario Var | Regional Councillor for Economic Development in Calabria | Person | A key presenter of the initiative and representative of the regional government's economic strategies. |
| Andrea Nuzzi | Business Director of CDP | Person | Provided insight into CDP's role and strategic objectives in this initiative. |
| Maurizio Coppola | President of ABI Calabria | Person | Expressed support and alignment between banking institutions and the initiative. |