Transition Plan 4.0: an unmissable opportunity

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Broaden the base of potential users, facilitate access to available resources for SMEs, channel interventions into investments earmarked for supporting companies that do business in the Made in Italy value chain. These are some of the key components of the Transition Plan 4.0.

 

The original version, dating to late 2016, was the National Industry Plan 4.0 (aka the “Calenda Plan,” named after the then-head of the Ministry of Economic Development (MISE)). The objective was to promote business innovation and technological development in the country. This intervention was repeatedly proposed and financed over the years, eventually evolving into the Enterprise Plan 4.0 and more recently into the Transition Plan 4.0. Revamping the contents of the new Plan was a response to the need to consolidate and build on the outcomes of the previous one and to contend with the criticalities that emerged in the operational stage. Specifically, Enterprise Plan 4.0 saw investments in tangible and intangible capital goods totaling around €13 billion, with beneficiary businesses numbering 53,000. These overall figures can be seen in a positive light, but looking at the big picture, we can see that the incentives linked to the hyper-amortization of tangible assets were geared to medium-large companies for the most part (64%). In contrast, only 9% went to micro enterprises and 27% to small companies. The majority of investments were in machinery, with a small number of firms investing over €10 million, and even fewer more than €20 million (MISE data).



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