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Presented at the headquarters of Confindustria Salerno, the new innovative financial instruments for the development of businesses in Campania.

Designed and implemented by Sviluppo Campania, an in-house company of the Campania Region, and supported with resources from the European cohesion policy, Basket Eque, Garanzia Campania Bond (second edition), the Revolving Fund and the new edition of the Regional Growth Fund will offer not only a valid alternative to bank credit, but also an opportunity for internal development of management and corporate structure.

At the meeting moderated by Pierluigi Pastore, Vice-President of Confindustria Salerno, responsible for credit, after greetings from Antonio Ferraioli, President of Confindustria Salerno and Antonio Marchiello, Councillor for Production and Labour Activities of the Campania Region, Mario Mustilli, President of Sviluppo Campania, explained the characteristics of the opportunities offered by the in-house company of the Campania Region. Two companies were also present at the meeting, which, in the previous edition, benefited from the measures, testifying to their effectiveness and usefulness.

“Important instruments because they are alternatives to the traditional banking channel”, according to Antonio Ferraioli, president of Confindustria Salerno, who believes that “having finance at lower costs is certainly a reason to look to the future and to development prospects with greater tranquility”.

Confidence and peace of mind that become essential to ‘increase employment as well’, comments Antonio Marchiello, Campania Regional Councillor for Production Activities and Labour, announcing an allocation of EUR 300 million for Sviluppo Campania precisely to plan a revolving fund, a new basketball bond, a basketball equity and a new Fondo Crescita Campania’.

“Financial products that – comments Mario Mustilli, President of Sviluppo Campania – in addition to financing certain needs, lowering yield rates also make a cultural leap for the company, because dealing with bonds, dealing with ratings rather than capital increases, with an investment fund means bringing companies closer to the most advanced industrial development areas of Europe”.

The success of past editions is witnessed by the companies Condor Group and Amendola Trasporti & Logistica.