Modica, contributions to companies in difficulty: the Municipality asks for other funds from the former Insicem

The former Insicem funds destined to pay interest on loans and mortgages for companies for 2021 will be disbursed on Friday 23 July. So from tomorrow the liquidity will be transferred to the current accounts of the companies entitled to it. This year’s announcement saw the participation of 176 companies: the first 85 in chronological order of presentation, will receive contributions for a total amount of 194,038 euros. Of these, 15,439 are destined for the 8 companies excluded from the 2020 Call for exhaustion of funds. Since the maximum number of applications that could be financed was reached within a few hours of opening the applications, the Municipality of Modica wrote to the Libero Consorzio di Ragusa to ask for further contributions and thus be able to satisfy all the applications presented. In fact, 79 applications were not accepted because they arrived after the exhaustion of available funds. “We asked for the availability of just over 144 thousand euros – declares the Mayor – in order to meet the needs of many companies that unfortunately we had to exclude from this announcement. After 50 in 2020, the requests have more than tripled, a sign that the health emergency has deeply affected our economic fabric. Requesting additional sums, if available, is not a gamble but a real necessity to which we must necessarily give help ”.