Amount of funding for electric boats in Italy
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50% of the eligible expenses (motor, battery, charger, ...)
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Company: up to 50,000 euros
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Outboard motor with integrated battery: up to 2,000 euros
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Outboard, inboard or pod motors with external battery: up to 10,000 euros
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(does not have to be repaid!)
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(up to two engines per boat)
The application can be submitted from April 8th
3 million euros! How many boats will be funded?
That depends entirely. Companies can apply for up to €50,000 in funding. If within the first 1-2 days, 60 companies submit an application for €50,000, the amount is immediately exhausted and the private boat owner gains nothing from the funding.
Important: Please contact us as soon as possible and have offers prepared so that the funding can be applied for directly on April 8.
Who is the funding for electric motors interesting for?
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Private boat owners of sailing boats (including dinghies)
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Private boat owners of motorboats (including dinghies)
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Companies of commercial shipping
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Companies from the boat rental
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Up to two engines per boat
What exactly is being funded?
The grants are provided as non-repayable aid and cover up to 50% of the eligible costs. Individuals can apply for up to 8,000 euros, while companies can apply for up to 50,000 euros.
The grant for each individual electric outboard motor with an integrated battery of at least 0.5 kW to a maximum of 12 kW is 2,000 euros. For outboard motors with external batteries, inboard motors, hanging motors, or pod drives, the funding is 10,000 euros.
Contact now for free assistance with funding
Purpose of the promotion of electric boats
The funding measure aims to replace conventional combustion engines powered by fossil fuels with electric drives and to decommission the old engines.
A total of 3 million euros is available for this measure. An individual boat owner can acquire up to two electric motors. For companies that use recreational boats for commercial, sporting, or social purposes, this number increases.
When is it possible to apply for funding for electric motors?
The Ministry of Enterprises and 'Made in Italy' recently announced the details for submitting applications for funding in the recreational boating industry. From April 8th, 12 PM, to May 8th, 12 PM, funding applications can be submitted. Similar to the charging stations, the online application portal is operated by Invitalia.
Open questions?
Buy electric boat motor with funding
What is the process of purchasing an electric motor for your boat? It is best to contact us with information about your boat (boat model, length, weight) and what speed and range / driving time you want to achieve.
In the next step, we will create an offer for you, and if you accept it, you will receive the order confirmation and invoice. Upon receipt of payment, we will ship the motor, battery, and other accessories directly to you (within a few days)
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