Investment in Italy

2.3.1The ERDF Regional ProgrammeInvestment in ItalyThe ERDF Regional Programme 2007-2013 funds initiatives to bring the Italian regionscloser to the Lisbon and Gothenburg objectives of growth of expenditure on research anddevelopment, creation of knowledge-sharing, and widespread conditions of sustainabledevelopment. It defines, among other things:• the action plan to be implemented• the four main targets (which may vary slightly by region):- industrial research and technology transfer- business innovation and development- energy saving and sustainable development- enhancement of cultural and environmental resources• the institutions and organizations responsible for the administration of the funds andmonitoring.2.3.2The ESF Regional ProgrammeThe ESF Regional Programme defines, among other things:• the action plan to be implemented• the main priorities (which may vary slightly by region):- adapting the labour force to market conditions- access to employment for the largest possible number of people- an inclusive society providing the opportunities and resources necessary for fullparticipation in social, economic and cultural life- an improved system of education and training to reduce early school leaving andincrease the skills of workers• the institutions and organizations responsible for the administration of the funds andmonitoring.For more information, please contact:Maurizio CastelloPartneremail: mauriziocastello@kpmg.it© 2012 KPMG S.p.A., KPMG Advisory S.p.A., KPMG Fides Servizi di Amministrazione S.p.A., KPMG Audit S.p.A., Italian limited liability share capital companies, and Studio Associato Consulenza legale e tributaria, anItalian professional partnership, are member firms of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.23