A Call for Lombardy-based Cleantech start-ups committed on Decarbonisation

Regione Lombardia has invested €20 million from the regional programme Lombardia ERDF 2021–2027 in the Neva II - Parallelo Lombardia Fund as part of the Lombardia Venture STEP initiative, managed by Finlombarda.

Lombardia Venture STEP promotes access to risk capital for innovative companies based in Lombardy, particularly start-ups and scale-ups, in order to foster the development of critical technologies and cutting-edge innovations that are essential for the European Union’s security, economy and strategic autonomy, helping to reduce external dependencies.

Neva SGR commits to contributing an additional €20 million through its Neva II and Neva II Italia funds and to promoting the Neva II - Parallelo Lombardia Fund through the launch of a Call for Cleantech Startups Lombardia to select investments.

The objective is to reach as many candidate companies as possible among cleantech start-ups and scaleups that have their registered office and at least one stable operational site in Lombardy, generate economic benefits for the regional territory for at least five years and have a technology readiness level (TRL) – that is, a measure of the maturity of the technology – equal to or greater than 6 out of 9.

Companies willing to relocate their registered office and at least one operational site to Lombardy before the investment may also be eligible candidates.

Applications for the Call for Cleantech Startups Lombardia must be submitted by the end of April to cleantech@nevasgr.com.