Eligible costs
Acquisition of new fixed assets
Personnel costs.
Materials and consumables.
External collaborations.
Overheads.
Audit costs.
Characteristics of the line
Beneficiaries: Companies
Project duration: Maximum 18 months
Minimum eligible budget: €175,000
Amount of funding: up to 75% of the eligible budget, and up to 85% if co-financed with ERDF funds.
Type of aid:
The aid, in the form of a loan, will cover 75% (occasionally 85%) of the cost of the project and will bear interest at 2%. An advance of 25% of the aid granted (up to EUR 300 000) without additional guarantees, or up to 75% on presentation of guarantees, will be available.
The loan will be repaid in 5 half-yearly instalments, with the first instalment due one year after completion of the project. A longer repayment period of up to 5 years is available (in this case, the interest rate is extended to 2.5% instead of 2%).
If you think that your company can benefit from these grants, do not hesitate to contact us on +34.946024142 .Abra-Invest has a team of public finance experts at your disposal.
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