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Your daily Spanish Law reporter. Have it with a cafe con leche. www.costaluzlawyers.es

Legal tip 611. Aids for Investing in Spain
Thursday, October 6, 2011 @ 3:11 PM

 From the InvestinSpain website

Technological Fund of INVEST IN SPAIN

Calls

Convocatoria Call for aid applications 1/2011 under the program "Promotion of Establishment of foreign companies"
Status Open for submission
Amount 2,000,000 €
Notice Details

The call includes a diverse set of measures, all aimed at promoting R&D&I in companies with foreign capital wishing to set up operations in Spain or those already established in the country who wish to begin R&D&I activities.

The aid categories are as follows:

  • Aid for pilot studies aimed at setting up company activities
  • Setting up company activities

ITEMS ELIGIBLE FOR AID:

  • Staff costs
  • Equipment and materials costs
  • Buildings and land costs
  • Costs pertaining to contractual research, technical knowledge and patents acquired or obtained under licence
  • General supplementary costs
  • Other operating costs

BASIC PERCENTAGE ELIGIBLE FOR AID

Depending on the type of projects implemented by the company, the eligible percentage will be as follows:

Maximum 80% of the investment deemed eligible for small companies in Industrial research and 60% of the investment deemed eligible in Experimental development.

Basic Selection Criteria:

  • Greater company resources allocated to R&D&I
  • Increase in the level of technology contributed in the form of patents, licenses, etc.
  • Evaluation of the direct, indirect and resulting effects
  • Clustering effect of the project on the regional/national economy
  • Strategic interest of the technologies to be developed in Spain
  • Promotion of partnership agreements among private agents
  • Promotion of public/private partnership agreements (PPP)

The time period eligible for aid will be from March 1, 2012 to February 28, 2013.

The activities to be funded must take place in some of the following areas according to the Regulation (EC) no. 1080/2006 of the European Parliament and Council of 5 July 2006: convergence area (Galicia, Andalucia, Castilla-La Mancha and Extremadura); and "phasing out" area (Asturias, Murcia, Ceuta and Melilla).

Application deadline 02|29|2012
Additional information For further information: INVEST IN SPAIN- Technology Fund Unit / T (+34) 91 503 5813 / infofeder@investinspain.org
Documents 184 Kb  Call INVEST IN SPAIN 1/2011

534 Kb  Application form               
If you need our legal help regarding this call, please email us to web@costaluzlawyers.es

arcos de la frontera

"Arcos de la Frontera", Cádiz, Spain, by Wedge_II, at flickr.com



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