NextGenerationEU is a € 750 billion recovery plan developed by the European Commission in response to the economic downturn caused by the COVID-19 pandemic. The plan aims to provide financial support to EU Member States (MSs) and help them recover from the economic and social impacts of the crisis. Among MSs, Italy has received the largest funding. This paper proposes an empirical investigation of the projects financed in Italy’s Piemonte Region according to the different departments and missions. The study involved collecting and classifying the required project data, followed by the Analysis of Variance (ANOVA), which was carried out to highlight significant differences. The results show that Green Transition projects have received the largest share of funds. By observing the departments, Environment Energy and Territory have more financed initiatives than the others.