Region-Irfis, € 100,000 to young people for business projects

PALERMO – It is called “Your business idea in Sicily”: it is the prize offered by the Presidency of the Region and by Irfis Spa for the best ten projects that will receive 10 thousand euros each, plus access to subsidized loans and expert advice from the regional financial institution. It is aimed at unemployed and unemployed young people aged between 18 and 35, who have been residing in Sicily for at least six months. The announcement will be published shortly: the projects (business plan, participation form, curriculum vitae and self-declaration) must be submitted by May 31 of this year and will be evaluated by a special commission.

“We are convinced that our region can offer new opportunities to do business, possibly by promoting innovative initiatives “, said at the press conference at Palazzo d’Orleans the president of the Region, Mello Musumeci, with him the president of Irfis Giacomo Gargano. will make available its own resources at a subsidized rate (0.25%) to support the business activity. In Sicily, according to the data of the business register updated at the end of 2020, there are 549 active start-ups: 129 with young people under 35, 103 with a prevalence of women and 13 of foreigners. The island is in seventh place in Italy for innovative start-ups, equal to 4.6%. Most of it is in the business services sector (390). in the province of Palermo, 175. Then Catania with 164, Messina with 78, Caltanissetta with 42, Syracuse 26, Trapani 24, Ragusa 22, Enna 12.