Measures to support access to credit for women entrepreneurs

An initiative aimed at facilitating, through a guarantee provided by the Province, the financing of women-led businesses – via the guarantee scheme operated by Confidi Trentino Imprese.

Some features of the funding:

• maximum amount of 20,000 euros;
• loan term of up to 5 years;
• a 12-month grace period, or until the first instalment is due, whichever comes first;
• fixed interest rate for the entire duration of the loan;
• option to repay the loan early without incurring any penalties.

Newly established businesses with female shareholders – which are members of the guarantee scheme – having their registered office or place of business in the province of Trento, and registered with the Chamber of Commerce’s Register of Companies.

In accordance with the provisions of Article 24-quater of Provincial Law 6/99, the following are considered:

• enterprises with female ownershipto be sole traders owned by women or companies at least 51 per cent owned by women and in which women constitute the majority within the governing bodies;
• newly established enterprisesare those which, at the date of submission of the application to the guarantee body, have been in existence for no more than twelve months.

The following are excluded:

• agricultural enterprises;
• enterprises in financial difficulty and those with overdrafts exceeding 5 per cent of the agreed limit for outstanding cash loans that have been outstanding for more than 90 days, as per Central Credit Register data, on the date the application is submitted.

Submission of applications

Applications for funding may be submitted directly to Confidi Trentino Imprese by 31 December 2023 in accordance with the instructions provided by the organisation.

For further information, please contact Confidi Trentino Imprese (info@cti.tn.it – 0461 431 800).

It is no longer possible to submit an application.