both innovative startups and innovative SMEs must have recorded damage caused by Covid-19 : a reduction in revenues in the first half of 2020 of at least 30% compared to the same period of the previous year, to be demonstrated through accounting documents or similar These and other details on the functioning of the Fund were published in the Implementation Decree which was published in the Gazette on 19 November 2020 . , investors have a crucial role in the process: they will be the ones to identify innovative startups and SMEs full of potential and report them to the Rilancio Fund . Therefore Cdp Venture Capital Sgr will participate in the investment together with private investors. The amount invested by the Rilancio Fund will be a maximum of four times the value employed by regulated and qualified investors , i.e. classified as incubators , accelerators , family offices and even business angels.
Each company will be able to receive a maximum Tour Operators and Travel Agencies Email List of 1 million euros . At the end of the investment period, 70% of the fund's assets must be deployed with qualified investors and 30% with regulated investors. Article 4 of the Decree also establishes that investments are made through so-called convertendo financing , while further investments are made in equity .both innovative startups and innovative SMEs must have recorded damage caused by Covid-19 : a reduction in revenues in the first half of 2020 of at least 30% compared to the same period of the previous year, to be demonstrated through accounting documents or similar These and other details on the functioning of the Fund were published in the Implementation Decree which was published in the Gazette on 19 November 2020 .
The role of investors in the Rilancio Fund As already mentioned, investors have a crucial role in the process: they will be the ones to identify innovative startups and SMEs full of potential and report them to the Rilancio Fund . Therefore Cdp Venture Capital Sgr will participate in the investment together with private investors. The amount invested by the Rilancio Fund will be a maximum of four times the value employed by regulated and qualified investors , i.e. classified as incubators , accelerators , family offices and even business angels. Each company will be able to receive a maximum of 1 million euros . At the end of the investment period, 70% of the fund's assets must be deployed with qualified investors and 30% with regulated investors. Article 4 of the Decree also establishes that investments are made through so-called convertendo financing , while further investments are made in equity .