The Italian Innovation Fund: Main features and general principles

On March 4th, the Minister of Economic Development, Welfare and Social Policies, Luigi Di Maio, presented in Turin the National Innovation Fund as well as other initiatives regarding the venture capital sector. The Fund, established at the initiative of Minister Di Maio, has a starting budget of 1 billion €, set out in the Budget Law 2019, and will be managed by Cassa Depositi e Prestiti (the Italian Deposits and Loans Fund), through a coordinated control room aiming at unifying and multiplying public and private resources dedicated to the strategic topic of innovation.

To read the full report on the Fund by Interel Global Partnership Italy member FB & Associati click here.