{"id":15460,"date":"2020-07-29T10:28:38","date_gmt":"2020-07-29T08:28:38","guid":{"rendered":"https:\/\/www.impulso.es\/2020-industrial-reindustrialization-and-competitiveness-strengthening-program-approved\/"},"modified":"2026-11-06T14:28:21","modified_gmt":"2026-11-06T12:28:21","slug":"2020-industrial-reindustrialization-and-competitiveness-strengthening-program-approved","status":"publish","type":"post","link":"https:\/\/www.impulso.es\/en\/2020-industrial-reindustrialization-and-competitiveness-strengthening-program-approved\/","title":{"rendered":"2020 Industrial Reindustrialization and Competitiveness Strengthening Program Approved"},"content":{"rendered":"

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2020 INDUSTRIAL REINDUSTRIALIZATION AND COMPETITIVENESS STRENGTHENING PROGRAM Approved<\/h1>
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The purpose of this edition will be to promote the consolidation of industry following the crisis derived from COVID-19<\/h2><\/div>[vc_column_text css=”.vc_custom_1596011437541{margin-right: 20px !important;margin-left: 20px !important;padding-top: 20px !important;}”]From IMPULSO, we are pleased to inform you that the Council of Ministers yesterday approved the 2020 Industrial Reindustrialization and Competitiveness Strengthening Program, also known as the \u201cReindus Program\u201d.<\/p>\n

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The purpose will be to promote the consolidation of industry after the crisis derived from COVID-19, for which it has a budget of 340.9 million euros.<\/p>\n

Below, we summarize the main characteristics of these grants:<\/p>\n

BENEFICIARIES<\/p>\n

In this year’s edition, beneficiaries are companies affected by economic damages arising from the COVID-19 outbreak, legally constituted in Spain, that carry out a productive industrial activity (CNAEs 10 to 32 and 38.3.), regardless of their size, and that are not part of the public sector.<\/p>\n

TYPES OF PROJECTS<\/p>\n

\u00b7 Improvements and\/or modifications of production lines.<\/p>\n

\u00b7 Productive implementation of \u201cConnected Industry 4.0\u201d technologies (intelligent systems, sensors, virtual reality and 3D printing, robotics, and unmanned vehicles within the industrial establishment, \u2026).<\/p>\n

\u00b7 Reduction of greenhouse gas emissions, reduction of vulnerability to the impacts of climate change, pollution prevention, or introduction of the circular economy into the production process.<\/p>\n

ELIGIBLE CONCEPTS<\/p>\n

\u00b7 Production machinery and equipment, excluding external transport elements. These can be new or used.<\/p>\n

\u00b7 Production process engineering: own staff, materials, and external collaborations necessary for process design and\/or redesign.<\/p>\n

PROJECT REQUIREMENTS<\/p>\n

\u00b7 Investment execution period: from February 1, 2020, to December 31, 2020.<\/p>\n

\u00b7 Minimum budget of \u20ac100,000.<\/p>\n

\u00b7 Private financing: at least 25% of the investment.<\/p>\n

\u00b7 Improvements and\/or modifications of production lines: The expense allocated to the production process engineering item may not exceed 30% of the budget for the acquisition of production machinery and equipment. Within this item, own staff expenses will be limited to 5% of the budget for the acquisition of production machinery and equipment.<\/p>\n

\u00b7 Productive implementation of \u201cConnected Industry 4.0\u201d technologies: The expense allocated to the production process engineering item may not exceed the budget for the acquisition of production machinery and equipment. Within this item, own staff expenses will be limited to 15% of the budget for the acquisition of production machinery and equipment.<\/p>\n

TYPE AND INTENSITY OF SUPPORT<\/p>\n

Loan of up to 75% of the eligible budget (maximum \u20ac800,000 per beneficiary) with 6 years of amortization and 3 years of grace period at a variable interest rate depending on the type of company.<\/p>\n

Beneficiary Type Interest Year 1 Interest Years 2 3 Interest Years 4, 5 6<\/p>\n

SMEs 0.1% 0.19% 0.69%<\/p>\n

Large companies 0.19% 0.69% 1.69%<\/p>\n

A technical guarantee of 20% of the proposed loan must be provided, with a bank guarantee or SGR being valid. The date for the constitution of guarantees has been changed to after the Grant Resolution.<\/p>\n

Why is Reindus financing more advantageous than bank financing?<\/p>\n