ANDALUCIA TRADE TO IMMINENTLY LAUNCH GRANTS FOR SME INVESTMENT PROJECTS TO CREATE ECONOMIC ACTIVITY AND IMPROVE COMPETITIVENESS IN ANDALUSIA.

At IMPULSO, we are pleased to inform you that the Andalucía TRADE Agency plans to imminently open the 2024 call for the GRANT PROGRAM FOR SME INVESTMENT PROJECTS TO CREATE ECONOMIC ACTIVITY AND IMPROVE COMPETITIVENESS IN ANDALUSIA aimed at supporting the creation of economic activity, the improvement of competitiveness, and the expansion of the size of small (including micro-enterprises) and medium-sized enterprises existing in Andalusia.

Below, we summarize the main characteristics of these grants:

BENEFICIARIES

SMEs whose CNAEs (National Classification of Economic Activities) are included in Annex II of the Regulatory Bases.

Applications will be accepted from individuals or entities registered under several CNAEs, even if some are not eligible, provided they submit—along with the application or the provisional resolution proposal—a responsible declaration certifying that the elements comprising the requested budget will be used exclusively in eligible CNAEs according to Annex II, attached to these Regulatory Bases.

Associations, foundations, civil societies, communities of goods, public law corporations, or consortiums are excluded.

PROJECT TYPES

Business projects involving an initial investment in tangible and intangible assets with an eligible investment exceeding €30,000 intended for:

• The creation of a new establishment.
• The expansion of the capacity of an existing establishment.
• The diversification of production at an establishment into products or services not previously produced or provided there.
• Or, a fundamental transformation of the overall production process of the product(s) or the overall provision of the service(s).

NOTE: In non-competitive bidding, applications will be evaluated in strict order of submission.

PROJECT REQUIREMENTS

• Minimum budget: €30,000.
• Technically, economically, and financially viable
• The applicant company must have, or plan to create with the submitted project, an operational establishment in the Autonomous Community of Andalusia, regardless of where the registered office is located.
• Incentive effect.

ELIGIBLE CONCEPTS

The following expenses and investments will be eligible for grants:

• Urban land: The eligible amount for this concept may not exceed 10% of the total project investment considered eligible.
• Buildings and constructions: When eligible investments include the acquisition, construction, renovation, or improvement of real estate, the beneficiary must allocate the assets to the specific purpose for which the grant is awarded for a period of three years for SMEs or five years for non-SMEs. If such assets are registrable in a public registry, this period will be five years in all cases, and this circumstance must be stated in the deed, as well as the amount of the grant awarded, and these details must be recorded in the corresponding public registry, noting that the asset is subject, if applicable, to the payment of reimbursement.
  • Second-hand buildings and constructions will be considered eligible, provided their value is certified by an independent appraiser accredited and registered in the corresponding official registry. They will only be eligible if they have not previously received any type of aid.
• Process equipment, new or used, provided they are acquired under market conditions and excluding those assets for whose acquisition the transferor had received aid.
• Auxiliary equipment and facilities. In the case of transport elements, only transport elements internal to the company’s premises will be eligible.
• Computer equipment or Information and Communication Technology (ICT) infrastructure.
• Acquisition and processing of software, except for software consisting of computer licenses for operating systems or office applications.
• Financial leasing of tangible assets may be eligible provided that it includes the obligation to acquire the asset at the end of the lease agreement.
  • If the purchase option has not yet been exercised by the end of the execution date (it must be included in the Financial Leasing contract to be accepted as proof of the investment made), the amounts effectively paid and justified as installments up to that date will be accepted, with the beneficiary being obliged in any case to maintain those assets in the company for three years.

TYPE AND INTENSITY OF AID

The initial percentage of aid to be applied is set at 15% below the current maximum intensity established by company size in the indicated aid scheme and in any modifications thereto, if any, in the 2022-2027 regional aid map for Spain.

The final percentage to be granted will be calculated as the sum of the initial percentage plus the points corresponding to the fulfillment of the following additional characteristics:

ADVANCE PAYMENTS

There is no possibility of advance payment.

GUARANTEES

They are not necessary, but it must be taken into account that the aid beneficiaries must have economic and financial capacity in relation to the amount of the investment presented, according to the following:

(*) Share capital must be subscribed and paid up.

(**) The proven Equity will be that of the last accounts closed as of the application date.

SUBMISSION DEADLINE

The deadline for submitting applications will be established in the call (opening is expected in May).

04/16/2024