14 January, 2021

Three million Euro to grant financial support to technological investments

Included in the Industrial Activity Recovery Plan

With the horizon of recovering business liquidity in terms of technological and productive investments, exacerbated by the crisis generated by the pandemic and within the framework of the Industrial Recovery Plan (Perai-20), the Instituto de Fomento (INFO), will reinforce, during In the coming weeks, its Covid-19 Productive and Technological Investments Support Program, with an additional 3 million euros.

It should be noted that the Support Program for Productive and Technological Investments, within the framework of the Industrial Activity Recovery Plan, offers non-refundable grants of up to 250,000 euros.

Diego Rodríguez-Linares, director of the Instituto de Fomento, points out in this regard that the program aims to prioritize productive modernization, so that companies have more liquidity to carry out strategic investments that allow them to maintain their competitive position, or even grow up in an environment as difficult as the current one.

«To do this – he points out – this line has been endowed with three million euros, following the strategy designed by Perai-20 that will be added to the one and a half million euros destined to technological investments necessary for companies to adapt to the requirements of the pandemic and whose call was published already during the summer.

Activity sectors

The program also offers coverage to self-employed workers, in addition to legal persons included in the definition of SMEs that make technological and productive investments in work centers located in the Region of Murcia, provided it has its headquarters in Spain, and dedicated to any sector of activity. In this way, the coverage of this aid program extends to practically all workers and to any type of company.

The eligible costs of these grants refer to investments made by companies in new tangible or intangible assets that the companies are going to acquire or that they have undertaken since March 1, 2020, the minimum eligible investment being 100,000 euros.

Eligible costs

It should be noted that the eligible sections vary depending on the type of company. In this sense, the non-refundable subsidy, may reach a maximum intensity of 35% on eligible costs for medium-sized companies, 40% for small companies and 45% for micro-companies and the self-employed, and a maximum amount per beneficiary of 250,000 euros.

These grants are financed by the European Regional Development Fund (Feder) and must be managed through the Electronic Headquarters of the Instituto de Fomento. Aid can be requested from mid-January.

Apply here and more information (Spanish).