{"id":14738,"date":"2023-05-25T13:34:25","date_gmt":"2023-05-25T11:34:25","guid":{"rendered":"https:\/\/www.impulso.es\/industrial-productive-investment-support-fund-faiip-is-allocated-e1-5-billion-in-2023\/"},"modified":"2026-11-06T13:49:35","modified_gmt":"2026-11-06T11:49:35","slug":"industrial-productive-investment-support-fund-faiip-is-allocated-e1-5-billion-in-2023","status":"publish","type":"post","link":"https:\/\/www.impulso.es\/en\/industrial-productive-investment-support-fund-faiip-is-allocated-e1-5-billion-in-2023\/","title":{"rendered":"INDUSTRIAL INVESTMENT SUPPORT FUND (FAIIP) IS ALLOCATED \u20ac1.5 BILLION IN 2023"},"content":{"rendered":"<div class=\"wpb-content-wrapper\" id=\"wpb-content-root\"><p>[vc_row][vc_column width=&#8221;5\/6&#8243;][vc_empty_space el_class=&#8221;vc_hidden-sm vc_hidden-xs&#8221;]<div class=\"vntd-special-heading\"style=\"margin-bottom:px;\"><h1 class=\"header  font-secondary\" >INDUSTRIAL PRODUCTIVE INVESTMENT SUPPORT FUND (FAIIP) is allocated \u20ac1.5 billion in 2023<\/h1><div class=\"header-strips-one \" ><\/div><h2 class=\"description normal \" >Ministry of Industry, Trade and Tourism - SEPIDES<\/h2><\/div>[vc_column_text css=&#8221;.vc_custom_1685014421137{margin-right: 20px !important;margin-left: 20px !important;padding-top: 20px !important;}&#8221;]At <strong>IMPULSO<\/strong> we are pleased to remind you that the <strong>INDUSTRIAL INVESTMENT SUPPORT FUND (FAIIP)<\/strong> of the <strong>Ministry of Industry, Trade and Tourism<\/strong> has a budget allocation of <strong>\u20ac1.5 billion<\/strong> for <strong>2023<\/strong>, aimed at <strong>stimulating industrial development, strengthening competitiveness, and maintaining the region&#8217;s industrial capabilities<\/strong>.<\/p>\n<p><!--more--><\/p>\n<p>This fund represents the evolution of the former <strong>REINDUS program<\/strong> of the Ministry of Industry.<\/p>\n<p>Below, we summarize the  <strong>main features<\/strong> of these grants:<\/p>\n<p><strong><u>BENEFICIARIES<\/u><\/strong><\/p>\n<p>The FAIIP will finance private commercial companies and cooperatives that <strong>carry out or are planning to carry out a productive industrial activity or industrial services activity,<\/strong> classified under Section C\u2013Divisions 10 to 32 of the National Classification of Economic Activities (CNAE 2009).<\/p>\n<p>This also includes activities classified under section 38.3x, provided they hold a waste management authorization at the time of application, and the project to be carried out is classified as belonging to the following recovery operations: R2, R3, R4, R5 (excluding soil remediation), R6, R7, R8, R9, R11, as defined in Annex II of Law 22\/2011, of July 28, on waste and contaminated soils.<\/p>\n<p>Activities complementary to industrial production (CNAE 82.92, 52.10, 33 with exceptions and always related to industrial activity).<\/p>\n<p>Industry services activities (CNAE 71.12 and 71.20).<\/p>\n<p>&nbsp;<\/p>\n<p><strong><u>PROJECT TYPES<\/u><\/strong><\/p>\n<ul>\n<li><strong>Creation of industrial facilities.<\/strong><\/li>\n<li><strong>Relocation of industrial facilities.<\/strong><\/li>\n<li><strong>Improvements and\/or modifications to production lines. <\/strong>Expressly including the productive implementation of &#8220;Connected Industry 4.0&#8221; technologies and actions aimed at environmental sustainability<\/li>\n<\/ul>\n<p><strong><u> <\/u><\/strong><strong><u>ELIGIBLE COSTS<\/u><\/strong><\/p>\n<ul>\n<li><strong>Civil works: <\/strong>urbanization and piping, expressly excluding land.<\/li>\n<li><strong>Construction: <\/strong>acquisition, construction, expansion, or adaptation of industrial buildings, as well as their facilities and equipment not directly linked to the production process.<\/li>\n<li><strong>Production machinery and equipment<\/strong>, excluding external transport elements, furniture, and tools. These may be new or used.<\/li>\n<li><strong>Intangible assets:<\/strong> Specific software linked to the production process; patents, licenses, trademarks, and similar; research and development, only to the extent that they are directly linked to the production process and to the production machinery and equipment included as fundable concepts in the application.<\/li>\n<li><strong>Costs for in-house staff and external collaborations necessary for the design and\/or redesign of processes, <\/strong>directly linked to the machinery and equipment included in that budget item.<\/li>\n<li><strong>Credit rating costs associated with the financing application, if required.<\/strong><\/li>\n<li><strong>Account auditing costs for companies not subject to mandatory auditing <\/strong>(during the term of the financing).<\/li>\n<li><strong>Auditing costs associated with justifying the investment within the framework of the financed project.<\/strong><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong><u>PROJECT REQUIREMENTS<\/u><\/strong><\/p>\n<ul>\n<li><strong>Investment execution period:<\/strong> Budget items executed within the 9 months prior to the application date, as well as those executed up to 2 years after the date the financing is formalized, will be eligible for funding.<\/li>\n<li>Investments in <strong>production machinery and equipment and production-specific software must account for at least 50% of the Fundable Budget<\/strong>.<\/li>\n<li><\/li>\n<\/ul>\n<p><strong><u>TYPE AND INTENSITY OF SUPPORT<\/u><\/strong><\/p>\n<p>The grantable amount for each transaction is <strong>up to 75% of the project&#8217;s fundable budget<\/strong>, with transaction amounts ranging between \u20ac200,000 and \u20ac60 million. For large investment projects, the loan amount may reach up to 10% of the Fund&#8217;s accumulated allocation; in 2023, the maximum loan would be \u20ac180 million.<\/p>\n<p>Financing will be provided through<strong> ordinary loans, participating loans, temporary and minority equity participation, <\/strong>or mixed formulas combining the above, with<strong> long-term transactions (up to 10 years) and extended grace periods (up to three years for ordinary and participating loans). <\/strong><\/p>\n<p>The cost of financing will be applied based on the company&#8217;s financial rating, the project, the type of transaction, and any discount that may apply for meeting industrial impact criteria.<\/p>\n<p>For <strong>ordinary loans<\/strong>, there is the option to choose between a fixed or variable interest rate.<\/p>\n<ul>\n<li>Fixed interest rate set monthly, with a possible 0.5% discount if certain requirements are met.<\/li>\n<li>Variable rate: 6-month Euribor plus a spread of between 1.65 and 2.5 percentage points, with a minimum equivalent to the applicable spread, with a possible 0.5% discount if certain requirements are met.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong><u>APPLICATION DEADLINE <\/u><\/strong><\/p>\n<p><strong>Applications accepted on an ongoing basis.<\/strong><\/p>\n<hr\/>\n<p><em>05\/25\/2023<\/em>[\/vc_column_text][\/vc_column][vc_column css_animation=&#8221;none&#8221; width=&#8221;1\/6&#8243; offset=&#8221;vc_hidden-sm vc_hidden-xs&#8221;][vc_empty_space][vc_wp_search][vc_basic_grid post_type=&#8221;post&#8221; max_items=&#8221;3&#8243; element_width=&#8221;12&#8243; item=&#8221;2633&#8243; initial_loading_animation=&#8221;none&#8221; grid_id=&#8221;vc_gid:1685014216760-897ce786-7aff-6&#8243;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column width=&#8221;5\/6&#8243;][vc_empty_space el_class=&#8221;vc_hidden-sm vc_hidden-xs&#8221;][vc_column_text css=&#8221;.vc_custom_1685014421137{margin-right: 20px !important;margin-left: 20px !important;padding-top: 20px !important;}&#8221;]At IMPULSO we are pleased to remind you that the INDUSTRIAL INVESTMENT SUPPORT FUND (FAIIP) of the Ministry of Industry, Trade and Tourism has a budget allocation of \u20ac1.5 billion for 2023, aimed at stimulating industrial development, strengthening competitiveness, and maintaining the region&#8217;s industrial capabilities.<\/p>\n","protected":false},"author":4,"featured_media":12653,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rs_blank_template":"","rs_page_bg_color":"","slide_template_v7":"","footnotes":""},"categories":[283,281],"tags":[],"class_list":["post-14738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-public-calls"],"rttpg_featured_image_url":{"full":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP.png",1117,550,false],"landscape":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP.png",1117,550,false],"portraits":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP.png",1117,550,false],"thumbnail":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP-150x150.png",150,150,true],"medium":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP-300x148.png",300,148,true],"large":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP-1024x504.png",1024,504,true],"1536x1536":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP.png",1117,550,false],"2048x2048":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP.png",1117,550,false],"post-thumbnail":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP-100x100.png",100,100,true],"bg-image":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP.png",1117,550,false],"fullwidth-landscape":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP-1117x500.png",1117,500,true],"sidebar-landscape":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP-880x380.png",880,380,true],"sidebar-auto":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP-880x433.png",880,433,true],"portfolio-square":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP-450x350.png",450,350,true],"portfolio-auto":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP-450x222.png",450,222,true],"square":["https:\/\/www.impulso.es\/wp-content\/uploads\/2023\/05\/FAIIP-450x450.png",450,450,true]},"rttpg_author":{"display_name":"Ana Cordero","author_link":"https:\/\/www.impulso.es\/en\/author\/ana\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/www.impulso.es\/en\/category\/news\/\" rel=\"category tag\">News<\/a> <a href=\"https:\/\/www.impulso.es\/en\/category\/public-calls\/\" rel=\"category tag\">Public calls<\/a>","rttpg_excerpt":"[vc_row][vc_column width=&#8221;5\/6&#8243;][vc_empty_space el_class=&#8221;vc_hidden-sm vc_hidden-xs&#8221;][vc_column_text css=&#8221;.vc_custom_1685014421137{margin-right: 20px !important;margin-left: 20px !important;padding-top: 20px !important;}&#8221;]At IMPULSO we are pleased to remind you that the INDUSTRIAL INVESTMENT SUPPORT FUND (FAIIP) of the Ministry of Industry, Trade and Tourism has a budget allocation of \u20ac1.5 billion for 2023, aimed at stimulating industrial development, strengthening competitiveness, and maintaining the region&#8217;s industrial capabilities.","_links":{"self":[{"href":"https:\/\/www.impulso.es\/en\/wp-json\/wp\/v2\/posts\/14738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.impulso.es\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.impulso.es\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.impulso.es\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.impulso.es\/en\/wp-json\/wp\/v2\/comments?post=14738"}],"version-history":[{"count":3,"href":"https:\/\/www.impulso.es\/en\/wp-json\/wp\/v2\/posts\/14738\/revisions"}],"predecessor-version":[{"id":16451,"href":"https:\/\/www.impulso.es\/en\/wp-json\/wp\/v2\/posts\/14738\/revisions\/16451"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.impulso.es\/en\/wp-json\/wp\/v2\/media\/12653"}],"wp:attachment":[{"href":"https:\/\/www.impulso.es\/en\/wp-json\/wp\/v2\/media?parent=14738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.impulso.es\/en\/wp-json\/wp\/v2\/categories?post=14738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.impulso.es\/en\/wp-json\/wp\/v2\/tags?post=14738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}