THE DIRECTOR of the service for the development and strengthening of activity 'Research In accordance with Legislative Decree of 30 July 1999, n. 300, establishing the Ministry of Education, University 'and research; Having regard to Law 17 February 1982, n. 46, "Measures for economic sectors of national importance" that art. 7, provides that the initial selection of the projects and the proposed admission of the interventions of that AIF are assigned to the Scientific Committee composed according to the procedures' specified therein; Having regard to Law 5 August 1988, n. 346, concerning the funding of applied research projects costing more than 10 billion lire; Having regard to Legislative Decree February 3, 1993, n. 29, as amended and supplemented; Having regard to Law 14 January 1994, n. 20; Having regard to Legislative Decree of 27 July 1999, n. 297: "Reorganisation of the discipline and streamlining of procedures for the support of scientific and technological research, for the dissemination of technologies for mobility 'of researchers", and in particular Articles 5 and 7 which provide for the establishment of a Committee, for the obligations provided for therein, and the establishment of incentives to the research fund; Given the Ministerial Decree of August 8, 1997, entitled: "New mode 'procedure for the granting of facilities provided by the interventions out of the special fund for applied research"; Given the Ministerial Decree no. 860 Ric. of 18 December 2000, the appointment of the Committee, so 'as required by art. 7 of the aforementioned decree; After considering the applications submitted pursuant to art. 4 and 11 of the Ministerial Decree of 8 August 1997, n. 954, and its instructors outcomes; Taking into account the proposals made by the Committee at its meeting on 19 June 2001, referred to in item 3 of the summary report; Considering that all the projects proposed for funding in the said meeting there or and 'being acquired certification of the decree of the President of the Republic of 3 June 1998, n. 252; Given the availability 'of the fund to the facilities to search for the year 2001; Given the ministerial note of 6 August 1999 concerning the distinction between management function and function of political administration; View Circular prot. n. 760 / ric. 29 December 1999, published in the Official Gazette no. 7 11 January 2000, stating: "Transitional provisions Activities' national support for industrial research provided for in the Ministerial Decree of 8 August 1997, n. 954 (Law no. 46/1982), pending the entry into force of implementing regulations of legislative decree 27 July 1999, n. 297 "; Decrees: Art. 1. The following applied research projects are eligible for measures under the laws mentioned in the introduction, in the shape, size, the mode 'and conditions for each indicated; Company: AB ANALYTICAL SRL TORRE (PADUA) - PD (Classified Small Business) Project no. 7826 Project title: Study of the expression of genes involved in drug resistance to cancer drugs in cell lines and clinical samples by using microarray Duration and project start date: 42 months from 06/11/2000 Admissibility 'of starting costs Date: 06/11/00 Cost admitted Euro 818,584.19 = = so 'divided determined provisionally and not binding according to the type of activity' and the geographical areas of imputation. Activities 'Industrial Research Euro 818,584.19 = = Activity' Pre-competitive Development Euro = 0.00 = ---------------------------- ---- unwinding Place not Eleg. And Ec-EU Activities 'Industrial Research 818,584.19 0,00 0,00 0,00 Activity' Pre-Competitive Development 0,00 0,00 0,00 0,00 ------------ -------------------- Benefits deliberate: subsidized loans (CA) up to Euro = 368,362,88 = contribution in spending (CS) up to Euro 409,292.09 = = such facilities, subject to the above mentioned maximum amounts, have to be considered eligible costs according to the following intervention rates inclusive of additional benefits in art. 4, paragraph 10, letter E, points 4 and 6 of the Ministerial Decree n. 954 of 8 August 1997. ------------------------------- Place of conduct not Eleg. And Ec type facility CS CA CA CA CS CS Industrial Research 45 50 45 50 45 50 Pre-Competitive Development 45 35 45 35 45 35
------------------------------- Intervention Duration: 7 years of amortization beyond the research period Amortization: In 14 installments semi-annual, constant, arrears, including capital and interest, starting from the second half-year falling due after the effective date of conclusion of the research. contractual establishment: Banca Nazionale del Lavoro SpA Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of DM 8 August 1997, n. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure. Company: ABB SACE SPA MILANO - MI (Classified Large Enterprise) Project no. 7937 Project title: Study, analysis and evaluation dell'applica- bility 'of new knowledge in the field of plastics, metal materials, piezoelectric materials and electric arc phenomena to the design and production of an innovative range of equipment protection and control of low voltage electrical installations. Duration and start date of the project: 24 months from 22/11/2000 Admissibility 'costs from: 19/11/00 Cost admitted Euro = 4,838,664.03 = so' divided determined provisionally and not binding according to the type of activities' and the geographical areas of imputation. Activities 'Industrial Research Euro = 1,605,354.63 = Activity' Pre-competitive Development Euro = 3,233,309.40 = ------------------------ --------- Place of conduct not Eleg. And Ec-EU Activities 'Industrial Research 1,605,354.63 0,00 0,00 0,00 Activity' Pre-competitive Development 3,233,309.40 0.00 0.00 0.00 -------- ------------------------- deliberate Benefits: contribution Account Interests (CCI) of a maximum loan of Euro 2,496,750.64 = = contribution in spending ( CS) up to Euro 720,960.94 = = These benefits, provided the above maximum amounts, must be proportionate to the eligible costs according to the following percentages of intervention: ---------------- --------------- Place of conduct not Eleg. And Ec type facilitation CCI CCI CS CS CS CCI Industrial Research 55 25 45 35 50 30 Pre-Competitive Development 50 10 40 20 45 15 ------------------------ ------- intervention Duration: 10 years, including four-year grace period. contractual establishment: Banca Centrobanca SpA Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of DM 8 August 1997, n. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure. The predicted intervention 'subordinated to the acquisition by the company, the formal declaration of availability' to finance the project in accordance with the law n. 346/1988 by financing institution as required by art. 47 of Legislative Decree n. 385 of 1 September 1993. Company: ACME DRUGS SRL CAVRIAGO - RE (Classified Small Business) Project no. 7655 Project Title: Development of an innovative and original preparation consisting of a mixture of bile acids to be used as an additive in the animals of zootechnical interest in substitution of growth promoters to attivita 'to antibiotic of other emulsifying agents. Duration and start date of the project: 36 months from 10.19.1999 Admissibility 'costs from: 10/17/99 Cost admitted Euro 553,641.80 = = so divided determined provisionally and not binding according to the type of activity' and geographical areas of imputation. Activities 'of industrial research Euro 471,008.69 = = Activity' Pre-competitive Development of Euro 82,633.10 = = ---------------------------- ----- Place of conduct not Eleg. And Ec-EU Activities 'Industrial Research 471,008.69 0,00 0,00 0,00 Activity' Pre-competitive Development 82633.10 0.00 0.00 0.00
--------------------------------- Benefits deliberate: subsidized loans (CA) up to Euro 276,820.90 = = Contribution in spending (CS) up to € 236,405,05 = = These benefits, provided the above maximum amounts, must be proportionate to the eligible costs according to the following percentages of intervention including the further facilitation of art. 4, paragraph 10, letter E, paragraph 6 of the Ministerial Decree n. 954 of 8 August 1997. ------------------------------- Place of conduct not Eleg. And Ec type facility CS CA CA CA CS CS Industrial Research 50 45 45 50 45 50 Pre-Competitive Development 50 30 45 35 45 35 ------------------------ ------- intervention Duration: 8 years of amortization beyond the research period. Amortization: in 16 semi-annual installments, constant, arrears, including capital and interest, starting from the second half-year falling due after the effective date of conclusion of the research. Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of DM 8 August 1997, n. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure. Company: ASTEL ASTENGO DI PAOLO & C. SAS IVREA - TO (Classified Small Business) Project no. 4288 Project Title: Camilla - Intelligent Manager of video, audio and logic for automation projects. Duration and start date of the project: 18 months from 08/08/2000 Admissibility 'costs from: 08/01/00 Cost admitted Euro 497,347.99 = = so divided determined provisionally and not binding according to the type of activity' and geographical areas of imputation. Activities 'Industrial Research Euro 267,524.67 = = Activity' Pre-competitive Development of Euro 229,823.32 = = ---------------------------- ----- Place of conduct not Eleg. And Ec-EU Activities 'Industrial Research 0.00 0.00 0.00 267,524.67 Activity' Pre-competitive Development 0.00 0.00 229,823.32 0.00 ------------ --------------------- Benefits deliberate: subsidized loans (CA) up to Euro 223,806.60 = = contribution in spending (CS) up to Euro 213,859.64 = = These benefits, provided the above maximum amounts, are commensurate with the eligible costs according to the following percentages of intervention including the further facilitation of art. 4, paragraph 10, letter E, paragraph 4 of the Ministerial Decree n. 954 of 8 August 1997. --------------------------------- Place of conduct not Eleg. And Ec type facility CS CA CA CA CS CS Industrial research 45 50 45 50 45 50 Pre-Competitive Development 45 35 45 35 45 35 ------------------------ --------- intervention Duration: 9-year amortization over a period of research. Depreciation: In 18 half-yearly installments, constant postponed, including capital and interest, starting from the second half-year falling due after the effective date of conclusion of the research, an agreement Institute: Medio Credito Centrale SpA Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of DM 8 August 1997, n. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure. Company: BIOPROGRESS SPA ROMA - RM (Classified Small Business) Project no. 22234 Project title: Innovative method to make nimesulide available in liquid dosage forms through the synthesis of NME. Duration and start date of the project: 36 months from 05.03.2000 Admissibility 'costs from: 05/03/00 Cost admitted Euro = 3,072,918.55 = so divided determined provisionally and not binding as a function of the types of activities' and the geographical areas of imputation. Activities 'Industrial Research Euro = 2,840,512.94 = Activity' Pre-competitive Development of Euro 232,405.61 = --------------------------- ----------- Place of conduct not Eleg. Ec and Extras
EU Activities 'Industrial Research 77,468.53 2,763,044.41 0.00 0.00 Activities' of pre-competitive development 232,405.61 0.00 0.00 0.00 ------------- ------------------------- Benefits deliberate: subsidized loans (CA) up to Euro 1,671,667.69 = = contribution in spending (CS) up Euro = 1,207,656.99 = These benefits, provided the above maximum amounts, must be proportionate to the eligible costs according to the following percentages of intervention: ----------------- -------------- Place of conduct not Eleg. And Ec type facility CS CA CA CA CS CS Industrial Research 60 35 50 45 55 40 Pre-Competitive Development 60 20 50 30 55 25 ------------------------ ------- intervention Duration: 8 years of amortization beyond the research period. Depreciation: In 16 half-yearly installments, constant, arrears, including capital and interest, starting from the second half-year falling due after the effective date of conclusion of the research. Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of DM 8 August 1997, n. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure. Company: CDM ROVELLA SPA SAN MAURO TORINESE - TO (Classified Small Business) Project no. 8138 Project title: Design and construction of a machine for wire EDM. Duration and start date of the project: 24 months from 01/12/1999 Admissibility 'costs from: 28/10/99 Cost admitted Euro = 1,327,294.23 = so divided determined provisionally and not binding as a function of the types of activities' and the geographical areas of imputation. Activities 'Industrial Research Euro 428,142.77 = = Activity' Pre-competitive Development of Euro 899,151.46 = = (including non-EU 126,531.94) ------------------- -------------------- Place of conduct not Eleg. And Ec-EU Activities 'Industrial Research 0.00 0.00 0.00 428,142.77 Activity' Pre-competitive Development 0.00 0.00 772,619.52 126,531.94 ------------ --------------------------- Advantages deliberate: subsidized loans (CA) up to Euro 735,321.00 = = contribution in spending (CS) up Euro 388,897.21 = = These benefits, provided the above maximum amounts, must be proportionate to the eligible costs according to the following percentages of intervention: ------------------- ------------ Place of conduct not Eleg. And Ec type facility CS CA CA CA CS CS Industrial Research 60 35 50 45 55 40 Pre-Competitive Development 60 20 50 30 55 25 ------------------------ ------- intervention Duration: 9 years of amortization beyond the research period. Depreciation: In 18 half-yearly installments, constant, arrears, including capital and interest, starting from the second half-year falling due after the effective date of conclusion of the research. Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of DM 8 August 1997, n. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure. Company: COGEIM EUROPE Srl Busto Arsizio - VA (Classified Small Business) Project no. 10196 Project title: Design and pre-competitive development in the prototype stage of a new shot blasting machine fully automated tunnel dedicated to the surface treatment of the construction product with a strong environmental economic fallout. Duration and start date of the project: 36 months from 20/01/2000 Admissibility 'costs from: 06/01/00 Cost admitted Euro = 1,043,242.94 = so divided determined provisionally and not binding as a function of the types of activities' and the geographical areas of imputation. Activities 'Industrial Research Euro = 0.00 = Activity' Pre-competitive Development Euro = 1,043,242.94 = -------------------------- ----- Place of conduct not Eleg. Ec and Extras
EU Activities 'Industrial Research 0,00 0,00 0,00 0,00 Activity' Pre-competitive Development 1,043,242.94 0.00 0.00 0.00 ------------- ------------------ benefits deliberate: subsidized loans (CA) up to Euro 625,945.76 = = contribution in spending (CS) up to Euro 208,648.59 = = Such facilities , subject to the above mentioned maximum amounts, are commensurate with the costs eligible under the following intervention rates: ---------------------------- --- unwinding Place not Eleg. And Ec type facility CS CA CA CA CS CS Industrial Research 60 35 50 45 55 40 Pre-Competitive Development 60 20 50 30 55 25 ------------------------ ------- intervention Duration: 8 years of amortization beyond the research period. Depreciation: In 16 half-yearly installments, constant, arrears, including capital and interest, starting from the second half-year falling due after the effective date of conclusion of the research. Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of Ministerial Decree No 8 August 19971. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure. Company: EMILCERAMICA SPA FIORANO MODENESE - MO (Classified Large Enterprise) GATTELLI SPA RUSSIAN RA Project n. 22658 Project title: Industrial research on the recovery of waste heat and the reduction of the pollution load in the production processes of ceramic materials. Duration and start date of the project: 30 months from 03.11.2000 Admissibility 'costs from: 03/16/00 Cost admitted Euro = 2,453,170.27 = so divided determined provisionally and not binding as a function of the types of activities' and the geographical areas of imputation. Activities 'Industrial Research Euro = 1,130,524.15 = Activity' Pre-competitive Development Euro = 1,322,646.12 = ------------------------ ----------- Place of conduct not Eleg. And Ec-EU Activities 'Industrial Research 1,130,524.15 0,00 0,00 0,00 Activity' Pre-competitive Development 1,322,646.12 0.00 0.00 0.00 -------- --------------------------- Advantages deliberate: subsidized loans (CA) up to Euro 1,349,243.65 = = contribution in spending (CS ) up to Euro 782,561.32 = = These benefits, provided the above maximum amounts, must be proportionate to the eligible costs according to the following percentages of intervention including the further facilitation of art. 4, paragraph 10, letter E, paragraph 4 of the Ministerial Decree n. 954 of 8 August 1997. ------------------------------- Place of conduct not Eleg. And Ec type facility CS CA CA CA CS CS Industrial Research 55 40 45 50 50 45 Pre-Competitive Development 55 25 45 35 50 30 ------------------------ ------- intervention Duration: 8 years of amortization beyond the research period. Depreciation: In 16 half-yearly installments, constant, arrears, including capital and interest, starting from the second half-year falling due after the effective date of conclusion of the research. Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of DM 8 August 1997, n. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure. of solid loan agreement. Company: EMM SRL SALA BOLOGNESE - BO (Classified Small Business) Project no. 5070 Project title: knitting machines for new generation knitwear. Duration and start date of the project: 24 months from 10/09/2000 Admissibility 'costs from: 09/10/00 Cost admitted Euro 729,753.60 = = so' divided determined provisionally and not binding according to the type of activity 'and the geographical areas of imputation. Activities 'Industrial Research Euro 147,086.92 = = Activity' Pre-competitive Development of Euro 582,666.67 = = ---------------------------- --- unwinding Place not Eleg. Ec and Extras
EU Activities 'Industrial Research 147,086.92 0,00 0,00 0,00 Activity' Pre-competitive Development ffi 582,666.67 0.00 0.00 0.00 --------------- --------------- benefits deliberate: subsidized loans (CA) up to Euro 437,852.16 = = contribution in spending (CS) up to Euro 167,843.33 = = These incentives, provided the aforementioned maximum amounts, to be considered in the eligible costs according to the following percentages of intervention: ------------------------------- place of carrying not Eleg. And Ec type facility CS CA CA CA CS CS Industrial Research 60 35 50 45 55 40 Pre-Competitive Development 60 20 50 30 55 25 ------------------------ ------- intervention Duration: 9 years of amortization beyond the research period. Depreciation: In 18 half-yearly installments, constant, arrears, including capital and interest, starting from the second half-year falling due after the effective date of conclusion of the research. contractual establishment: Banca Nazionale del Lavoro SpA Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of DM 8 August 1997, n. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure. Company: Hemina SPA Padova - PD (Classified Small Business) Project no. 22668 Project Title: New generation of magnetic flowmeters Duration and project start date: 28 months from 01/04/2000 Admissibility 'costs from: 16/03/00 Cost admitted Euro 788,629.68 = = thus divided into way forward and not binding according to the type of activity 'and the geographical areas of imputation. Activities 'Industrial Research Euro 420,912.37 = = Activities' Development Precompetifivo Euro 367,717.31 = = ---------------------------- place of carrying not Eleg. And Ec-EU Activities 'industrial research 420,912.37 0,00 0,00 0,00 Activity' Pre-competitive Development 367,717.31 0.00 0.00 0.00 ------------ ---------------- benefits deliberate: subsidized loans (CA) up to Euro 473,177.81 = = contribution in spending (CS) up to Euro 220,816.31 = Such facilities, without prejudice the aforementioned maximum amounts, to be considered in the eligible costs according to the following percentages of intervention: ------------------------------- place of carrying not Eleg. And Ec type facility CS CA CA CA CS CS Industrial Research 60 35 50 45 55 40 Pre-Competitive Development 60 20 50 30 55 25 ------------------------ ------- intervention Duration: 8 years of amortization beyond the research period. Depreciation: In 16 half-yearly installments, constant, arrears, including capital and interest, starting from the second half-year falling due after the effective date of conclusion of the research. Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of DM 8 August 1997, n. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure. The signing of the contract and 'subject to prior capital increase to be achieved through the payment of fresh funds amounting to € 206,582.76. Company: PRIMM Srl Milano - MI (Classified Small Business) Project no. 23117 Project title: Design and development of linear and cyclic synthetic peptides derived from RANTES to attivita 'HIV and development of their synthesis process. Duration and start date of the project: 36 months from 01/01/2001 Admissibility 'costs from: 03/28/00 Cost admitted Euro = 2,121,604.94 = so divided determined provisionally and not binding as a function of the types of activities' and the geographical areas of imputation. Activities 'Industrial Research Euro = 1,415,091.90 = Activity' Pre-competitive Development of Euro 706,513.04 = = -------------------------- ---- unwinding Place not Eleg. Ec and Extras
EU Activities 'Industrial Research 1,415,091.90 0,00 0,00 0,00 Activity' Pre-Competitive Development 706,513.04 0.00 0.00 0.00 ------------- ----------------- Advantages: build subsidized loans (CA) up to Euro 1,272,962.96 = = contribution in spending (CS) up to Euro 636,481.48 = = These concessions, subject to the above mentioned maximum amounts, are commensurate with the costs eligible under the following intervention rates: --------------------------- ---- unwinding Place not Eleg. And Ec type facility CS CA CA CA CS CS Industrial Research 60 35 50 45 55 40 Pre-Competitive Development 60 20 50 30 55 25 ------------------------ ------- intervention Duration: 8 years of amortization beyond the research period. Depreciation: In 16 half-yearly installments, constant, arrears, including capital and interest, starting from the second half-year falling due after the effective date of conclusion of the research. Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of DM 8 August 1997, n. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure. Company: TYCON TECHNOGLASS SPA Quarto D'Altino - VE (Classified Small Business) Project no. 8567 Project Title: Enamels with high performance, used as bottom and cover of metal surfaces subject to corrosion by chemical reaction, by temperature and / or heat shock, unified for any method of application and baking currently in use. Duration and start date of the project: 36 months from 14.11.1999 Admissibility 'costs from: 14/11/99 Cost admitted Euro = 1,536,459.27 = so divided determined provisionally and not binding as a function of the types of activities' and the geographical areas of imputation. Activities 'Research Industriate Euro = 1,188,367.32 = Activity' Pre-competitive Development of Euro 348,091.95 = = -------------------------- -------- Place of conduct not Eleg. And Ec-EU Activities 'Industrial Research 0.00 0.00 0.00 1,188,367.32 Activity' Pre-competitive Development 0.00 0.00 348,091.95 0.00 ---------- ------------------------ Benefits deliberate: subsidized loans (CA) up to Euro 845,052.60 = = contribution in spending (CS) up to Euro = 562,344.09 = These benefits, provided the above maximum amounts, must be proportionate to the eligible costs according to the following percentages of intervention: ---------------------- --------- Place of conduct not Eleg. And Ec type facility CS CA CA CA CS CS Industrial Research 60 35 50 45 55 40 Pre-Competitive Development 60 20 50 30 55 25 ------------------------ ------- intervention Duration: 8 years of amortization beyond the research period. Depreciation: In 16 half-yearly installments, constant, arrears, including capital and interest, starting from the second half-year falling due after the effective date of conclusion of the research. Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of DM 8 August 1997, n. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure. Company: Varisco PUMPS SRL Padova - PD (Classified Small Business) Project no. 4817 Project title: Development of a new range of self-priming centrifugal pumps, high performance Duration and project start date: 38 months from 01/09/2000 Admissibility 'costs from: 09/01/00 Cost admitted Euro = 1,728. = 064.78 so divided determined provisionally and not binding according to the type of activity 'and the geographical areas of imputation. Activities 'Industrial Research Euro 698,766.18 = = Activity' Pre-competitive Development Euro = 1,029,298.60 = -------------------------- ----- Place of conduct not Eleg. Ec and Extras
EU Activities 'Industrial Research 698,766.18 0,00 0,00 0,00 Activity' Pre-Competitive Development 1,029,298.60 0.00 0.00 0.00 ------------- ------------------ benefits deliberate: subsidized loans (CA) up to Euro 777,629.15 = = contribution in spending (CS) up to Euro 708,506.56 = = Such facilities , subject to the above mentioned maximum amounts, are commensurate with the eligible costs according to the following percentages of intervention including the further facilitation of art. 4, paragraph 10, letter E, paragraph 4 of the Ministerial Decree n. 954 of 8 August 1997. ------------------------------- Place of conduct not Eleg. And Ec type facility CS CA CA CA CS CS Industrial Research 45 50 45 50 45 50 Pre-Competitive Development 45 35 45 35 45 35 ------------------------ ------- intervention Duration: 8 years of amortization beyond the research period. Depreciation: In 16 half-yearly installments, constant, arrears, including capital and interest, starting from the second half-year falling due after the effective date of conclusion of the research. contractual establishment: Medio Credito Centrale SpA Conditions: The predicted intervention 'subordinated to the acquisition of anti-mafia certification of Presidential Decree of 3 June 1998 n. 252. Under Article. 12 of DM 8 August 1997, n. 954 and 'date right' company to request an advance, as long as' guaranteed by fidejussone banking or insurance policy for an amount equal to 20% of the contribution in expenditure.