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Italy offers zero-interest financing for new businesses led by young people and women

Funding mechanisms

19 August 2026

Italy offers zero-interest financing for new businesses led by young people and women

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Invitalia, Italy’s national development agency, is offering the “ON – Zero Interest New Enterprises” scheme, which combines interest-free loans with non-repayable grants for new businesses predominantly owned or managed by young people or women. Eligible activities include trade and retail.

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Editorial team

Related Organisation(s)

Invitalia

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Geographical descriptors

Italy

Organisation Type

National authorities

SMEs (a company with less than 250 employees)

  • Ecosystem

    • Retail

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The scheme supports investment projects worth up to €1.5 million for companies operating for less than 36 months and up to €3 million for businesses established between 36 and 60 months. Funding can be used for new business initiatives, expansion, diversification of products and services, or changes to production processes. Eligible sectors include the trade of goods and services, as well as industry, crafts, business and personal services, and tourism.

Support can cover up to 90% of eligible costs through a combination of non-repayable grants and interest-free financing repayable over 10 years. Eligible expenses include machinery, equipment, IT services and patents, while newer companies can also receive support for certain working capital needs.

#RetailSMEs #RetailCompetitiveness

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