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Ducati Lands €33.5M State Grant for R&D

Summary

  • Ducati secures €121 million industrial program with state funding.
  • €33.5 million non-repayable grant targets R&D activities.
  • Grant covers 34% of research and 28% of total program costs.
Ducati Lands €33.5M State Grant for R&D

Ducati's ambitious €121 million industrial program has received a substantial boost from Italy's Ministry of Enterprises and Made in Italy. The ministry has authorized a Development Agreement that includes a €33.5 million grant, which does not require repayment.

This significant funding is strategically allocated, with over €99 million designated for industrial research and experimental development. The state's contribution of €33.5 million directly supports this R&D portion, covering about 34% of the research costs and roughly 28% of the total program budget. This allocation aligns with EU state aid regulations, indicating a focus on genuine innovation rather than production enhancements.

The Accordo di Sviluppo, administered by Invitalia, fast-tracks projects deemed strategically important. Funds are disbursed against audited spending, ensuring accountability in the investment process for Ducati's future technological advancements.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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