assisting institutions and companies for more than 60 years
Transcription
assisting institutions and companies for more than 60 years
Ismea for information Institution for Agro–Food Market Services Ismea for institutions TECNICAL ASSISTANCE ISMEA supports central and local administrations managing E.U. programs related to the European Agricultural Fund for Rural Development (FEASR) and the European Fund for Fishing (FEP). The goal is to help improve institutional governance and planning and managing capabilities. Within the scope of technical assistance, ISMEA offers: auditing, consulting, appraisal and support for financial and insurance services; integrated tools to evaluate business investments (online business plans); local indicators for planning, monitoring and evaluating public interventions in rural areas; administrative twinning as a mandated body at the European Commission; support for the Ministry for Agrofood and Forest Policies and Regions during their decisionmaking process involving the EU Agricultural Policy (PAC); consulting to implement agricultural income stabilization tools (mutualisation fund). WE WORK TOWARDS AGRO-FOOD MARKET TRANSPARENCY WE SUPPORT PUBLIC INTERVENTIONS IN AGRICULTURE ASSISTING INSTITUTIONS AND COMPANIES FOR MORE THAN 60 YEARS Istituto di servizi per il mercato agricolo alimentare Ismea Via Nomentana, 183 – 00161 Roma Via Lancisi, 27/29 – 00161 Roma tel. +39 06 85568.1 www.ismea.it – [email protected] HELPING THE AGRO-FOOD SYSTEM WITH OUR EXPERTISE AND EXPERIENCE Società gestione fondi per l’agroalimentare SGFA Via Nomentana, 183 – 00161 Roma tel. +39 06 85568.1 www.ismea.it – [email protected] Ismea–Investimenti per lo Sviluppo Via Nomentana, 183 – 00161 Roma Via Lancisi, 27/29 – 00161 Roma tel. +39 06 85568.1 www.ismea.it – [email protected] OUR PRICE DETECTION NETWORK: A UNIQUE ASSET FOR ITALY Since 1965, ISMEA has used its own price detection network to monitor the production, wholesale and retail stages in the agricultural, food, fishing and aquaculture industries. A true asset for Italy give our size, scope and reliability, ISMEA’s network also monitors factors influencing production prices using 300 detection points both domestically and internationally. We are also UNI EN 190 9001:2008 certified. AUTHORITATIVE AND INDEPENDENT ANALYSIS ISMEA publishes economic and financial reports on the agro-food sector and supply chain as well as studies on competitive systems, budget analysis, simulation scenarios, impact assessments and ad hoc studies (reports on consumption, climate surveys, observations on the land real estate market, etc…). Our analysis focuses on specific target users and regions. OUR FIGURES Our network monitors over 300 markets plus more than 600 kinds of agricultural products and 30 cost items through 300,000 surveys per year. ISMEA publishes over 500 weekly market news reports and 40 quarterly economic reports each year. ISMEA constantly monitors agricultural food consumption through its panel of 9,000 families and conducts quarterly surveys on operator confidence by surveying 2,300 farms along with agrofood industry and retail companies. Ismea for underwriting Ismea for business Ismea for insurance Ismea for information GUARANTEES ISMEA provides several different guarantees to allow agro-food companies to obtain financing through our firm, SGFA (Società di Gestione Fondi per l’Agroalimentare), 100% owned by ISMEA. Subsidiary underwriting mitigates the credit risk and helps calm market concerns. Underwriting is automatically granted for: •subsidized loans lasting up to 18 months •all loans lasting more than 18 months The first call guarantee (co-guarantees, sureties, counter-securities) makes it easier to access credit by reducing spreads and the funds requested from Basel 2. All types of loans can be underwritten, whether for investments, modernization, research and experimentation expenses, marketing and debt restructuring. Along with regional financial resources, loans for investments may also be underwritten within the scope of PSR, Regional Sector Plans. WE ENCOURAGE ENTREPRENEURSHIP AND GENERATIONAL TURNOVER IN AGRICULTURE. THE NATIONAL LAND BODY FOR OVER 60 YEARS ISMEA, in its role as the National Land Body, has promoted the creation and growth of farmland for 60 years, encouraging generational turnover in agriculture. Purchasing land to then lease to famers is done with the support of ISMEA’s Investment Group for Development, 100% owned by ISMEA. ISMEA also acts as an appraiser and advisor to assist with the privatization of publically-owned lands. TOOLS FOR YOUNG FARMERS ISMEA encourages young farmers (under 40) entering the field with several different tools: subsidies for new operations, low-interest loans and grants for investments and assistance with operational expenses. ISMEA’s Investment Group for Development helps encourage young farmers take the reins with monies from a special fund that covers up to 90% of the investment. This ensures that a decision can be made within 6 months of receiving the documentation. THE VENTURE CAPITAL FUND Thanks to the venture capital fund, managed with the operative support of the company, Ismea Investimenti per lo Sviluppo, ISMEA promotes the capitalization of agro-food firms and investments through venture capital and participatory loans. OUR FIGURES 28,1 hectares: the average size of a single transaction handled by ISMEA. The average land real estate transaction is for 2.1 hectares. 343,000 euro: the average value of each individual transaction handled by ISMEA compared to the land real estate average of 37,000 euro. 70%: the amount of the investment in young farmers, compared to the 20% land real estate market figure. 560,000 euro: the average new business investment for young farmers 37 hectares: the average size of farms financed using these funds. WE HELP FARMS NAVIGATE THE LENDING SYSTEM We work toward agro–food market transparency Ismea for business We encourage entrepreneurship and generational turnover in agriculture Ismea for underwriting We help farms navigate the lending system WE PROVIDE RISK MANAGEMENT TOOLS FOR THE AGRICULTURE FIRMS THE FIRST RATING MODEL FOR FARMS In collaboration with Moody’s KMV, ISMEA has developed the first targeted rating model in Italy to assess the credit worthiness of farms, including those that do not produce annual financial statements. The rating service provides an analysis and insolvency assessment model using ISMEA’s database and analysis and risk management knowhow. ISMEA’s rating is also used to determine a preliminary credit rating prior to issuing a first call guarantee (to determine risk) and during the appraisal stage for land consolidation. OUR RANGE OF TOOLS AND INSURANCE SERVICES ISMEA provides insurance services and tools to help ensure insurance product diversification by providing new agricultural sector income protection policies and lowering production and market risks. OUR FIGURES 10,1 billion euro: loans covered by ISMEA’s subsidiary underwriting. 40%: percentage of loans underwritten for young people. 31%: startups With our agricultural risk database, ISMEA supports public agricultural risk management interventions and provides information on risk prevention. We also experiment with cuttingedge policies and analysis for the insurance sector. Through the Reinsurance Fund, ISMEA compensates agricultural risks covered by special insurance policies and encourages multi-risk policies. With the Co–Reinsurance Consortium, ISMEA encourages cutting-edge insurance policies against natural disasters and adverse weather conditions by dividing the risk among consortium members (insurers and reinsurers). The aim is to foster partnerships between the public and private sectors. Ismea for insurance We provide risk management tools for the agriculture industry OUR FIGURES There are over a million entries in the ISMEA agricultural risks database. This is financial and insurancerelated data on the nature, causes, economic scope and methods for risk management. Ismea for institutions We encourage public interventions in agriculture A public economic body to provide information along with land, financial and insurance services on its own and through its subsidiaries.