Protocol for the Growth and Development of the female entrepreneurship and selfemployment
In order to encourage the female enterpreneurship and selfemployment some financial measures have been taken in Italy. They facilitate the accesibility to loans for the small and medium-sized female enterprises through the concession of a pubblic guarantee. There are three working practises:
- investiments for the creation of new enterprises/selfemployed ("women in start up/donne in start up");
- investiments to develop the enterprise/self-employed activity (let's invest on women/investiamo nelle donne");
- and investiments to recovery enterprises/selfemployed from crisis effects ("enabling women to recovery/donne in ripresa").
There is also a consultacy support for women.
This measure was established in 2013 with a convention between the Presidence of the Council of Ministers, the Ministry of the Economical Development and the Ministry of Economy and Finances.
The measure was introducted to support the italian 1.4 million female's enterprises. These enterprises suppose the 23,6% of the total.
Also, the aim is to forest the female entrepreneurship and selfemployment.
The creation of new female enterprises.
The recovery of female enterprises hitted by the crisis.
The investiment in female enterprises/self-employment.
Euro 50 million for the amount of fundings.
Euro 30 million for the amount guaranteed. A 50% is exclusively dedicated to the female start up enterprises.
On date 1st december 2015, 52 italian banks had joint the protocol. That means the 37% of the italian branch offices.
€ 1.452 million were allocated in credit limits to support this initiative.
In 2013 the amount of fundings was a 28% higher than 2014 ones. The amount guaranteed was a 39,7% higher than the 2012 one. The requirements grew a 27,1%.
In 2014 the amount fund was a 23,4% higher than 2013 ones. The amount guaranteed was a 31% higher than the 2013 one. The requirements grew a 6,9%.
In 2015 the amount fund was a 9,6% higher than 2014 ones. The amount guaranteed was a 12,9% higher than the 2014 one. The requirements grew a 14,1%.
Most of the operations regards microenterprises, a 80% of the total. Following small (17,1%) and medium-sized (2,8%) enterprises.
A percentuage of 20% is dedicated to "services", among these included the cultural ones.