Good evening to all and I want to greet you with a very pleasant news that rigurda Blockchain and all that surrounds it !! I have read that from next year there will be a Fund in favor of the technologies and applications of Artificial Intelligence, Blockchain and the Internet of Things and the voucher manager. The last draft of the Budget Law introduces these measures in Article 19 “to pursue economic and industrial policy objectives, also related to the Industry 4.0 program and to increase the competitiveness and productivity of the economic system”. The Fund for interventions aimed at encouraging the development of technologies and applications 4.0 will have a budget of 15 million euros for each of the years 2019, 2020 and 2021.

Next, what is defined in the draft “voucher manager” for small and medium-sized enterprises, a contribution of up to € 40 thousand for specialist consultancy services aimed at supporting the processes of technological and digital transformation, the modernization of the company’s management and organizational structures , including access to financial and capital markets.

Contribution also granted to companies that sign or join a network contract, having in the common network program the development of innovative processes in the field of technological and digital transformation through the enabling technologies envisaged by the “National Enterprise 4.0 Plan” and organization, planning and management of activities, including access to financial and capital markets, through vouchers for amounts not exceeding € 80,000.

“The Fund is intended to finance – reads the draft – research and innovation projects to be carried out in Italy by public and private entities, including foreign ones, in strategic areas for the development of Artificial Intelligence, Blockchain and the Internet of Things, functional to the country’s competitiveness; competitive challenges for achieving specific technological and application goals; operational and administrative support “.

The supervisory administration function is attributed to the Ministry of Economic Development. Contributions on a voluntary basis may flow to the Fund upon receipt of the State budget for the subsequent reassignment in expenditure. For the “voucher manager” the text clarifies that “small and medium-sized enterprises are granted a non-refundable contribution, through vouchers of an amount not exceeding 40,000 euros, and in any case no more than 50 percent of the costs incurred as from the period of tax subsequent to the one in progress at 31 December 2018 and up to the one in progress at 31 December 2020 “and that” the grants are granted following the signing of a specific consultancy service contract between the beneficiaries and the companies managers in possession of adequate qualification requirements and registered in a special list.

For these purposes a fund is set up, with a budget of 25 million euro for each of the years 2019, 2020 and 2021. The same article remains unchanged the allocation for the refinancing of the New Sabatini (480 million in 6 years) while changing resources to support Microelectronics: a fund is set up to provide grants to companies involved in the implementation of the Important European Common Interest (IPCEI) project on microelectronics, with a budget of 50 million for 2019 and 2020 ( there were 60 and 80 in the previous draft) and 100 million euros for each of the years from 2021 to 2024 “.

The increase of “100 million euros for the year 2019 and of 50 million euros for the year 2020” confirmed the endowment of the Fund for the crisis areas. In order to promote investments in risk capital by professional operators, the allocation of the “Venture Capital Funds Support Fund” goes up with a budget of 30 million for each of the years 2019, 2020 and 2021 (there were 15 in the previous draft only for 2019 and 2020) and 5 million for each of the years 2021 to 2025.

Well ! We just have to wait even if in my opinion slow but fair these funds that could make this world more interesting .. a greeting to all

Warface

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