BELLINZONA – On a proposal from the Department of Finance and the Economy (DFE), in today’s session the Council of State approved the amendment of the Regulation on the Law for economic innovation which allows to support the development of innovative start-up projects admitted to the CTI Start-up program of the Confederation.
The renewed Law for economic innovation has so far made it possible to help over 80 Ticino companies in their innovation processes. This new measure is part of the coordinated strategy for innovative start-ups presented by the DFE on 28 March, which in turn implements one of the measures identified by the Working Table on the Ticino economy for this type of company.
The new measure contributes to making Ticino a particularly attractive canton for the creation and growth of innovative start-ups. In particular, it intends to encourage start-ups born or arrived in the Ticino area to participate in the program promoted by the Commission for technology and innovation CTI Start-up, supporting them in purchasing consultancy services related to the innovation and development of the corporate project.
Obtaining the “CTI Start-up Label”, a quality certificate issued at the end of the program and recognized by investors, helps the most deserving projects enter the market.
The DFE also takes the opportunity to announce that the Commission for Economic Innovation, which met on 6 July last, gave positive notice of two other innovation projects promoted by as many Ticino companies: this brings to 169 the number of projects supported by the renewed Law for economic innovation (86 companies), for a total amount of over 10 million francs allocated. With the commitment of more than half of the funding envisaged for the four-year period 2016-2019, and in particular the important use of the measure envisaged by art. 7 in support of intangible investments – research and development, prototyping, purchase of innovation services – the Ticino Government confirms the success of the paradigm shift aimed at encouraging the launch of innovative projects, introduced by the renewed Law, which entered into force shortly more than a year ago.
Arifida will help you not only in the institutional phase, but also in the proposal on the territory.
