ANDALUCÍA TRADE WILL LAUNCH THE GRANTS FOR SMALL BUSINESS START-UP PROJECTS IN ANDALUSIA IMMINENTLY.

At IMPULSO, we are pleased to inform you that the Andalucía TRADE Agency plans to imminently open the 2024 call for the GRANT PROGRAMME FOR SMALL BUSINESS START-UP PROJECTS IN ANDALUSIA , aimed at supporting the start-up of small businesses (including micro-enterprises) in Andalusia.

Below, we summarize the main characteristics of these grants:

BENEFICIARIES

Small companies with a corporate legal form whose CNAE codes are included in Annex II of the Regulatory Bases.

Applications will be accepted from small companies with a corporate legal form that are registered under several CNAE codes, even if some of them are not eligible, provided that they submit, together with the application or in response to the provisional resolution proposal, a responsible declaration certifying that the items making up the requested budget will be used exclusively for eligible CNAE codes in accordance with Annex II of the regulatory bases.

PROJECT TYPES

Small business and micro-enterprise start-up project, promoted by small, unlisted companies with a corporate legal form, with a track record of no more than 5 years prior to the date of submission of the application, and meeting the following:

• That it has not taken over the activity of another company, unless the turnover of the acquired activity represents less than 10% of the turnover of the eligible company in the financial year prior to the takeover.
• That it has not yet distributed profits.
• That it has not acquired another company or been formed through business concentrations, unless the turnover of the acquired company represents less than 10% of the turnover of the eligible company in the financial year prior to the acquisition, or the turnover of the company formed through concentration is less than 10% higher than the combined turnover of the two merged companies in the financial year prior to their concentration.

Notwithstanding the provisions of the previous paragraph, companies formed through business concentrations that may qualify for the grant under Article 8 of Decree 115/2014 of 22 July shall also be considered eligible companies for up to five years from the registration date of the oldest of the merged companies.

NOTE: Under non-competitive concurrence, applications will be assessed in strict order of receipt.

PROJECT REQUIREMENTS

• Minimum budget: €30,000.
• Viable from a technical, economic and financial standpoint.
• Plan to create, through the submitted project, an operational establishment in the Autonomous Community of Andalusia.
• Invoiced expenses dated up to six months prior to the application date and up to the project execution end date will be accepted. Therefore, projects may have started before the grant application date; however, these expenses must be allocated to the scope of the approved project.

ELIGIBLE COSTS

• Urban land: The eligible amount for this item 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 industrial buildings and constructions will be considered eligible, provided that their value is evidenced by a certificate from an accredited independent appraiser registered in the corresponding official register. They will only be eligible if they have not previously received any type of aid.
• Process equipment, new or used, provided that it is acquired under market conditions and excluding those assets for whose acquisition the transferor has received aid.
• Auxiliary equipment and installations. In the case of transport elements, only transport elements for internal transport within the company premises will be eligible.
• IT equipment or Information and Communications Technology (ICT) infrastructure equipment.
• Acquisition and processing of software, except for software consisting of computer licences for operating systems or office applications.
• Planning, engineering and site supervision (up to the lower of: 8% of civil works and 4% of equipment and installations; or 50% of the total project).

TYPE AND INTENSITY OF AID

The initial percentage of aid to be applied is set at 55%. A maximum amount of start-up aid is established: “Grants, including equity and quasi-equity investments, and reductions in interest rates and guarantee fees of up to 1 million euros in gross grant equivalent”.

The final percentage to be awarded will be calculated as the sum of the initial percentage plus the points corresponding to compliance with some of the additional project characteristics detailed below:

ADVANCES

No advances are possible.

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 (it is expected to open in May).

2024-04-16