“Next gen” machines. Applications for state benefits are available from November 15th

The procedure for the assignment of incentives from the Innovation Fund for the purchase of "next gen" agricultural machinery comes to life. Small and medium-sized businesses in the agricultural sector and SMEs operating in the agro-mechanical sector can submit requests for relief starting from 12pm on Wednesday 15 November through the dedicated section of the Ismea portal (Institute of services for the agricultural food market). The amount of the individual incentive is calculated on a percentage of the overall investment which varies according to certain parameters. For 2023 a total of 75 million euros have been allocated, 10 of which are reserved for the areas of central Italy affected by the floods last May. The incentive tool for the purchase of innovative mechanical vehicles will also be operational in 2024 and 2025, with a budget of 75 million euros per year.