Case study (SELFIEmployment, Italy)

SELFIEmployment, Italy
Description

This case study describes the SELFIEmployment financial instrument in Italy which provides financial support through micro and small loans at zero interest rate for people Not (engaged) in Education, Employment or Training (NEET) to enhance their self-employment and entrepreneurship initiatives, thus increasing their chances of being included in the labour market.

SELFIEmployment is managed by the Agenzia Nazionale Politiche Attive Lavoro (ANPAL), the national agency for labour policies of the Italian Ministry of Labour, acting as managing authority and by INVITALIA, the fund manager. It is expected to receive at least 8 000 applications and to finance 4 200 NEETS by December 2023, the end of the eligibility period.

Country
Italy
Responsibility
EIB