The importance of subsidized finance to start a Coworking
In the current business landscape, opening a coworking space is one of the most dynamic business opportunities. However, the main challenge remains access to capital. In this interview, Lorenzo Grillo, founder of Changes Coworking, and Daniele Mogavero, founder of Bando Easy, explore how subsidized finance can become a strategic ally for anyone who wants to start a coworking space or other entrepreneurial projects. We will discuss how these financial tools, if well exploited, can facilitate the expansion of a business, and the role of Bando Easy in making this process accessible to everyone.
Making subsidized finance understandable to everyone
Subsidized finance is often seen as a complex topic and far from the daily realities of many small and medium-sized businesses. However, as Lorenzo Grillo points out, subsidized finance is crucial to the development of the Changes Coworking franchise. Many of the spaces created by Changes have been financed thanks to public tenders and grants. This has allowed the company to support its affiliates in opening their spaces, reducing initial costs and ensuring a safer start.
As Daniele Mogavero explains, subsidized finance is particularly useful for entrepreneurial projects that need funds to cover start-up costs such as rent, staff, and equipment. The basic concept is to make subsidized finance “sexy,” or more understandable and accessible, through platforms such as Bando Easy.
Easy Call: simplifying access to funds
Bando Easy is a platform designed to simplify access to subsidized finance funds. With over 1,200 calls available, the platform allows companies to find the ones best suited to their needs. “Even though there are 1,200 calls, they are not all there yet!”, says Mogavero, emphasizing the wide range of opportunities available at regional, national and European level.
The process is simple: the platform collects information about the user and their project, identifying the most relevant calls for proposals. A team of experts then supports the company in applying and managing reporting. This approach is particularly useful for those who want to open a coworking space, since most of the initial costs ? rent, staff, hardware ? can be covered by specific calls for proposals.
The role of the New Sabatini in subsidized finance
One of the most mentioned tools during the talk is the New Sabatini, a call for proposals that allows you to obtain up to 4 million euros at zero interest, with a one-year pre-amortization. This means that the company receives the funds immediately and has one year to start paying them back. It is a beneficial opportunity for those who need to cover large initial expenses, such as purchasing furniture or equipment for a new coworking space. Thanks to this type of financial support, entrepreneurs can start their business without the immediate pressure of having to pay back the capital.
Feasibility Study and Business Plan: The Importance of Strategy
Lorenzo emphasizes the importance of the feasibility study to determine the sustainability of a new coworking space. Changes Coworking works closely with its affiliates to develop detailed business plans that demonstrate the project's profitability and make it easier to access subsidized funding.
The key to success lies in a well-structured strategy, which includes the use of multiple calls for proposals at different stages of the project. Daniele explains that many entrepreneurs can obtain initial capital in the first months of activity through simpler calls for proposals, and then access larger funds as the business grows. This modular approach allows them to balance the need for immediate capital with long-term growth opportunities.
Italian Calls vs. European Calls: What's the Difference?
One of the most frequently asked questions among entrepreneurs concerns the choice between Italian and European calls for proposals. Although Italian calls for proposals are often considered complex due to bureaucracy, Mogavero points out that European calls for proposals can be even more difficult to manage. For example, the famous Horizon program offered up to 3.5 million euros in grants for innovative projects, but the success rate of candidates was only 13%.
European tenders often require longer and more complex application processes, with applications written in English and highly bureaucratic procedures. For this reason, for those who are new to the field, it is advisable to focus on regional or national tenders, which are more accessible and have faster response times. Only once the business is well established does it make sense to explore the opportunities offered by European tenders.
The Importance of Training and Support Continues
Another crucial point of the discussion is the need to train entrepreneurs on subsidized finance. Although it is not a “sexy” topic, as Mogavero points out, it is essential to ensure the success of many projects. Bando Easy not only simplifies access to funds, but also provides training and ongoing support, helping companies understand how to best use the available subsidies.
In conclusion
Opening a coworking space with Changes and taking advantage of subsidized finance is a real and accessible opportunity for anyone who wants to enter the world of franchising. Thanks to the support of platforms like Bando Easy and a well-constructed feasibility study, it is possible to overcome economic challenges and start a successful business. The key is strategy, careful planning and access to the right financial tools.
If you are thinking of opening a coworking space or want to know more about the opportunities offered by subsidized finance, visit our website and book a free call at this address. links, we will offer you all the support you need to make your project a successful reality.