Grant Thornton sponsors the “Industria Felix” Award

The initiative is a networking event dedicated to economic and financial information. During the event, awards are given to several entrepreneurial excellence of the country chosen by a Scientific Committee composed by university professors, professionals and economists.

The awards are assigned on a provincial and regional basis, analysing the main budget parameters and the best management performance of small, medium and large Italian companies.

The professionals of Grant Thornton's Italian member firms will take part in the various stages of the initiative as speakers and external guests.

For the stage concerning Piedmont, Liguria and Val d’Aosta, the event was online on May 13th. Giulio Tedeschi, Partner & Head of Advisory, participated for Bernoni Grant Thornton: "

The desired improvement for SME depends on what opportunities the regulations offer. The revaluation of business assets, currently regulated by advantageous conditions to seize tax and equity opportunities.

The current law offers better fiscal conditions and easier application methods compared to the previous ones in order to facilitate capital strengthening.

Capital strengthening should not be the only one and it must not lead us to think that strengthening companies means making it easier for them to get into debt.

It is desirable a strengthening, not exclusively capital oriented, that it comes from these desired tax reforms and from the law in the first place. These are necessary to allow companies to seize the opportunities that arise from market changes and better savings, in order to develop business lines efficiently and successfully.

It is also important the attention to generational transition that reflects on corporate governance, ensuring continuity and development, a step which also manages the correlated organizational risk in terms of renewal of entrepreneurial formulas, training and ability to attract key people, attention to customers, and access to foreign markets."