Blockchain and artificial intelligence, from September away to incentives. On the plate 45 million

Published the decree that makes known the methods and terms of submission of applications to apply for funding. Giorgetti: "The challenge of competitiveness requires a constant ability to innovate" 05 Jul 2022 Veronica Balocco

The Ministry of Economic Development has published the decree that makes known the methods and terms of submission of applications to request funding from the Fund for the development of technologies and applications of artificial intelligence, blockchain and internet of things, established at the Mise with an initial allocation of 45 million euros. Starting from 21 September 2022, public or private companies and research centres, also jointly with each other, will be able to request facilities to carry out research and technological innovation projects linked to the transition 4.0 programme. To facilitate the preparation of the application, a pre-compilation phase has also been provided for from 14 September, which will allow the insertion of documentation on the online platform to start. "We support companies' investments in cutting-edge technologies with the aim of promoting the modernization of production systems through increasingly interconnected, efficient, safe and fast management models", declares Minister Giancarlo Giorgetti. "The challenge of competitiveness – he adds – requires the manufacturing industry a constant ability to innovate and to grasp the potential of new technologies". Expenses from 500 thousand to 2 million euros allowed The fund will facilitate eligible expenses and costs of not less than 500 thousand euros and not more than 2 million euros in the following priority strategic sectors: industry and manufacturing, educational system, agri-food, health, environment and infrastructure, culture and tourism, logistics and mobility, security and information technologies, aerospace. To monitor the state of implementation of development, application and technology transfer projects to companies, the MoED will make use of the support of Infratel. "Constant investment in innovation processes is a fundamental component of the development of our country – comments the Undersecretary at the Mise, Anna Ascani – Only in this way will our companies be able to compete globally, in a technically increasingly advanced market that sees emerging technologies, such as artificial intelligence, simultaneously integrated into our daily lives".