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Governo Italiano

Fund 295/73: 50 SMEs and MidCaps have exported capital goods for more than €350 million since the beginning of the year

Date:

10/13/2021


Fund 295/73: 50 SMEs and MidCaps have exported capital goods for more than €350 million since the beginning of the year

Positive quarterly data for the Export Contribution on Supplier Credit from Fund 295/73, managed by SIMEST (CDP Group) on behalf of the Ministry of Foreign Affairs and International Cooperation.

Between July and September, thanks to this tool, 30 Italian SMEs and medium-sized enterprises (MidCaps) manifacturing capital goods were able to export to 22 countries for more than 230 million euros. The third quarter result brings operations from the beginning of the year to 50 companies for more than 350 million.

The Export Contribution on Supplier Credit is a tool that enables Italian exporters to offer payment extensions to their foreign clients, thereby supporting their international competitiveness.

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