As of December 31, 2019, 2,769 innovative startups started thanks to the digital and free way of constitution: the figure represents an increase of 193 units compared to the data recorded at the past survey, which took place at the end of September 2019.

The 14th edition of the quarterly monitoring report published recently by Mise, the Ministry of Economic Development, in collaboration with Unioncamere and InfoCamere, confirms the positive trend of innovative startups online.

This measure has been in operation since July 2016 and allows innovative Italian entrepreneurs to set up their own startup in a fully digitized way, with the technical support of their own Chamber of Commerce (CCIAA) or even in total autonomy. The exemption from the notary act allows an average savings on the starting costs estimated in about 2 thousand euros, Mise highlights.

According to the report of the Ministry of Economic Development, online mode has been chosen by just under 4 out of 10 startups formed in Italy in the last year. This figure is slightly down in the fourth quarter of 2019; however, Mise shows that the territorial variability is very high, with considerable deviations from the national figure.

The Mise gives the example of Basilicata, where more than 50% of innovative startups opted for online mode. They appear in the lower part of the Piemonte, Umbria, Emilia-Romagna and Marche rankings.

Another indicator for which significant territorial variations are found in the report is the average time to wait between the establishment and registration of the company in the special section of the register of enterprises dedicated to innovative startups, a phase requiring a verification of the requirements by the CCIAA

On average, an innovative online startup is waiting 33.9 days to get the registration in the special section, while in the last year the average waiting time has been reduced to 22.6 days.

The new mode is spread over the entire national territory, with a strong presence in three regions, Lombardy (27.5%), Veneto (11.1%) and Lazio (10.9%), which together host almost 50% of the online startups.

Milan is confirmed as the main hub for innovative Italian startups, representing 16.8% of all digitally created companies alone.

More information on the report and digital mode can be found on the Mise website to form an innovative startup.

The new section for the Transition Plan 4.0, which represents the new industrial policy of the country, described by Mise as more inclusive and attentive to sustainability, has been on the Mise website for a few days online.

In particular, the Plan provides for greater attention to innovation, green investment and design activities, with actions aimed at stimulating and supporting companies through tax credit for investments in capital goods, research and development, innovation and design, and

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