Requirements for beneficiaries:

Individuals and SMEs whose assets and rights, including claims against third parties, exceed the sum of their debts plus 50 percent.

Deadline for implementation: projects or business models must start after 01/12/14 and be completed within a maximum of 3 years.

Types of projects eligible for funding:

Energía y sostenibilidad (gestión energética, renovables, eficiencia, reutilización agua, etc…).

TIC (tecnologías móviles, gestión contenidos, realidad virtual y realidad aumentada, etc…).

Materiales de construcción (aislamiento, reciclaje de materiales, rehabilitación, etc…).

Humanidadas, sociedad y CC. Jurídicas (living labs, cadena de valor, desarrollo de indicadores, etc…).

Transport and associated services (sustainable transport, ICT user orientation, etc.).

Gestión empresarial (Infraestructuras de redes, adaptación de software y hardware, gestión de la información, etc…).

Accesibilidad (desarrollo mejoras técnicas y tecnológicas, etc….).

Fundable concepts:

 Among the concepts that can be funded These include personnel costs, costs of instruments and inventoriable material (depreciation), costs of contractual research, know-how and patents acquired or licensed from external sources at market rates. Other than overheads (maximum 20 % of the total personnel costs of the project, without justification) and other operating costs directly arising from the activity of the project.

 Characteristics of the aid:

 The aid shall be provided in the form of repayable loan75% of the eligible budget, which may not exceed the amount of the entity's net assets at the time of the application, up to a limit of EUR 1,000,000.

The interest rate will be 0,967 % and will have a amortisation 5 years, including a 2-year grace period.

The provision of guarantees is a condition for the payment of the grant. The guarantee will be 36% of the proposed loan amount.

Application deadline:

The application period has just opened on 02/12/2014 and will be open until 02/02/2015.

If you think that your company could benefit from these grants, please do not hesitate to contact us. ABRA-INVEST has a team of public finance experts at your service.