In Piemonte, FI4INNβs pilot is led by Finpiemonte, working with regional authorities, investors, national development banks and financial institutions to strengthen access to capital markets for innovative companies.
π― Objective
To support companies in raising capital for innovation projects through bond financing, offering an alternative to traditional bank lending and diversifying financing sources.
π Ongoing Progress
β’ Strong political and public backing secured
β’ Engagement of public & private investors, regional bodies and national banks
β’ Co-design of a Basket Bond financial model
β’ Completion of the fundraising phase
β’ Investors confirmed interest and potential capital commitments
β’ Approval of tender procedure for arranger selection
π Key Takeaway
Capital market instruments require strong leadership, political commitment and continuous stakeholder engagement. When guided by coordinated public action and investor alignment, bond financing can become a powerful tool to diversify funding and support innovation at regional level.