Banca del Piemonte is contributing to the local social‑impact ecosystem by introducing, together with the European Investment Fund (EIF), new guarantee facilities worth more than €30 million to support companies, startups, and organizations committed to the sustainable development of the region.

The initiative, backed by the InvestEU programme, expands the financial instruments available in Northwest Italy and improves access to credit for entities driving innovation, inclusion, and the ecological transition. This opportunity supports the growth of the social economy and impact‑driven entrepreneurship, key areas for the competitive positioning of Turin and the Piedmont region.

Targeted support for innovation, sustainability and social value

The activated guarantees facilitate investments related to:

• digital and environmental transition,
• responsible innovation,
• social and community‑based initiatives,
• entrepreneurial projects generating positive local spillovers.

The goal is to strengthen activities that improve community well‑being and contribute to territorial regeneration, reinforcing an impact‑oriented economy.

According to Camillo Venesio, CEO and General Manager of Banca del Piemonte, the agreement represents “a concrete commitment to promoting sustainable and inclusive growth, supporting companies in the dual digital and environmental transition.”

Marco Marrone, EIF Chief Investment Officer, highlights that “the guarantees backed by InvestEU will make strategic investments for the future of Northwest Italy more accessible.”

With this initiative, Banca del Piemonte strengthens its active role in local development, collaborating with public, private, and third‑sector actors to build a more resilient, innovative, and generative economy.

These new financial resources help create a favourable environment for the growth of impact‑driven businesses and projects, aligned with the vision of Torino Social Impact: an environment where competitiveness and social cohesion advance together.