ENGINEERING IT INNOVATIVE SOFTWARE

Promoter – Financial Intermediary

ENGINEERING - INGEGNERIA INFORMATICA SPA

Location

• Italy

Description

Financing investments in software research and development during 2012-2014 by Engineering Ingegneria Informatica SpA . The different solutions developed are used for various sectors such as finance, health and public administration in Italy and the selected research activities are typically also supported by FP7 or national research programs.

Objectives

The project concerns investments in RDI for basic software technologies as well as new applications. It supports a European promoter in his efforts to maintain its competitive position in the software industry.

Comments

The project may be financed under the Risk Sharing Finance Facility (RSFF), which is an innovative credit risk sharing scheme jointly set up by the European Commission and the European Investment Bank to improve access to debt financing for private companies or public institutions promoting activities with a higher financial risk profile in the fields of research, technological development, demonstration and innovation investments.

Sector(s)

• Services - Information and communication

Proposed EIB finance (Approximate amount)

EUR 50 million

Total cost (Approximate amount)

EUR 110 million

Environmental aspects

The project concerns investments in research and development that are expected to be carried out in existing facilities already authorised and would therefore not require an Environmental Impact Assessment (EIA) under the Directive 85/337/EC, amended by Directives 97/11/EC and 2003/35/EC. Any possible environmental issue will however be verified during the project's appraisal.

Procurement

The promoter is a private company and is thus not covered by EU Directives on procurement.

Status

Signed - 20/12/2012