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Aid for Large Projects of Productive Expansion and Modernization
Our clients can benefit from non-repayable aid of up to 30% for large multi-year production expansion and modernization projects.
General Conditions:
- Deadlines
- Submission: Open year-round.
- Decision: +/- one year from the date of application.
- Validity: Ends two years after the decision.
- Amount: The average aid in recent years has been 15%.
- Investment: The minimum investment must be €900,000, with at least 40% machinery. As well as warehouses, other capital goods, engineering, and other tangible and intangible fixed assets.
- Requirements:
- The company must be up to date with its tax and social security obligations.
- The company must comply with the relevant environmental permits: Opening License/Integrated Environmental Authorization/Building License/Investment Permit/Industrial Equipment Registration, etc. – LARGE COMPANIES: New establishment/Productive Diversification/Innovative Process.
