
NEXTNOW supported the Sponsor to submit to the Italian INVITALIA SPA the request of € 25 million grant under the frame of the "Contratto di Sviluppo" legislation. The grant was approved on late 2013 but still not disbursed.
NEXTNOW also supported the international sponsor to raise a € 25 million loan to finance the acquisition of the hotel. The loan was disbursed on mid 2013 by the Italian MPS bank.