Invitalia is the National Agency for inward investment and economic development, owned by the Italian Ministry of Economy and Finance. The Agency boosts the country’s economic growth, focusing on strategic sectors for development and employment and is committed to reviving crisis areas and operates mainly in the South of Italy. It manages all national incentives that encourage the creation of new companies and innovative startups. Invitalia finances projects both large and small, targeting entrepreneurs with concrete development plans, especially in innovative and high added value sectors. It provides services to Public Administration to speed up the spending of EU and national funds, as well as to promote cultural heritage. The Agency is the Purchasing Body and Contracting Authority for the execution of strategic actions at local level.
Starting from 2015, Invitalia’s work has been flanked by that of the Foreign Direct Investment Unit of the Italian Trade Agency (ICE). Through its Foreign Direct Investment Unit, the Italian Trade Agency facilitates the establishment and the development of foreign companies in Italy by:
– promoting business opportunities;
– helping foreign investors to establish or expand their operations;
– supporting investors throughout the investment life cycle;
– offering high-level tutoring services for existing strategic investments.