Today, Federica Guidi, Minister of Economic Development, was at Luiss EnLabs to announce Italia Startup Visa, a program to incentivize innovative entrepreneurs from all over the world to start up their business in Italy!
Italia Startup Visa means leaner and faster procedures to facilitate the entry visa approval for autonomous work for extra-EU citizens who want to establish an innovative startup in Italy. Any extra-EU citizen who has a good business idea, whatever age or background can apply.
Since 2012, Italy has implemented a groundbreaking Startup law to encourage the creation and development of innovative startups.
Already, it’s paying off.
This strategy is key to fostering sustainable growth, technological development and employment, especially for young people. This will promote a new entrepreneurial culture, encouraging greater social mobility and injecting innovation into our business ecosystem.
As a result, our country will become a global hub for international investment and talent.
The Italia Startup Visa policy is designed to help achieve this last objective.
It provides a streamlined process for non-EU talents to found innovative startups in Italy.
This, along with benefits provided by the recent law, including robust tax relief on seed and venture capital investments, pioneering equity crowdfunding provisions, cuts in red tape, substantial guarantees on bank loans are steps to make Italy a world leader for innovative enterprises.