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Grants under the Programme for Foreign Business Investment in R&D Activities


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Integral service around a transaction
BY : Diego GutiérrezMay Thu, 2015
Mineco has opened the deadline for applications for aid to promote investment in R&D by foreign companies operating in Spain. Investment in plants, equipment, human resources and technology will be supported, with the aim of contributing to improving the competitiveness and productivity of the Spanish economy, and the deadline for applications is 27 June.

 

Beneficiaries

For the purposes of this call, a foreign capital company will be understood as one that has a Foreign Direct Investment participation in its capital greater than or equal to 10%.

 The activities supported must be carried out before 31 December 2015 in one or more of the following Autonomous Communities: Extremadura, Andalusia, Canary Islands, Castilla la Mancha, Murcia, Galicia and Comunidad Valenciana.

The projects or actions defined may be carried out individually or in a cooperative manner involving more than one foreign capital company and whose relations are formalised by means of a contract, agreement or arrangement establishing the rights and obligations of the various parties involved.

Amount of aid

200,000 per beneficiary over any period of three consecutive tax years

Sectors

Energy, Industry, Health, Information Technologies

Eligible expenditure

-Staff costs: researchers, technicians and other auxiliary staff, to the extent that they are dedicated to the project.

-Costs of instruments and equipment, to the extent and for the duration of their use for the project. If the instruments and equipment are not used for the entire lifetime of the project, only the depreciation costs corresponding to the lifetime of the project, calculated according to good accounting practice, will be considered eligible.

-Costs of buildings and land, to the extent that they are used for the project and for the duration of the project. In the case of buildings, only depreciation costs corresponding to the duration of the project calculated according to good accounting practice are eligible. In the case of land, only commercial transfer costs or capital costs actually incurred are eligible.

-Costs of contractual research, knowledge and patents acquired or licensed from external sources on an arm's length basis, as well as costs of consultancy and equivalent services exclusively for the project.

 -Additional overheads directly related to the project.

-Other operating expenditure, including costs of materials, supplies and similar products, arising directly from the project.

 If you think that your company can benefit from these grants, do not hesitate to contact us on +34.944240141.. Abra-invest has a team of experts in public funding at your disposal. Hurry up, the deadline is 27 June.

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