Aid for research, development and technological innovation activities, through a programme to support the implementation of projects to launch new science and technology-based companies.

Eligible Projects:
- Feasibility studies prior to Industrial Research projects.
- Industrial research projects.
- Feasibility studies prior to experimental development projects.
- Experimental development projects.

Beneficiaries :
SMEs, Sectoral / business associations, Large
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They are excluded:
- Public Entities and Public Companies with their own legal personality linked to or dependent on Public Administrations.
- Firms in difficulty, as defined in the Community Guidelines on State aid for rescuing and restructuring firms in difficulty
- Projects for normal periodic modifications of products, production lines and processes, existing services and other current operations.
Requirement for entities:
- Have not received any illegal and incompatible tax aid or, if they have received one or more of them, they have been duly reimbursed.
- To carry out the eligible activities directly.
- Ensure own contribution to project costs of at least 25%.
- Have their own legal personality and sufficient capacity to act and not be disqualified from obtaining public subsidies or from contracting with the Administration of the ACBC or any other public body.

Requirement for projects:
- Subsidised projects must remain in the ACBC for a minimum period of 5 years.

Collaborative projects:
- Between at least two companies :
No single company should bear more than 70% of the eligible costs.
- The project must involve the collaboration of at least one SME or the collaboration must be cross-border.

Amount:
- The maximum amount of the non-refundable grant shall be EUR 250,000 per beneficiary per year.
- The grant to be awarded to each project will be the result of applying the maximum aid intensity to the budget of eligible costs accepted for each of the approved projects.
If the overall financial envelope earmarked for the funding of the call is not sufficient to meet all the applications within the terms established, the maximum overall amount earmarked for grants shall be apportioned among the beneficiaries.
Eligible expenditure:
- Personnel costs
- Cost of external advice and equivalent services
- Subcontracting costs to the Agents of the Basque Science, Technology and Innovation Network, accredited for this purpose.
- Operating expenses incurred directly as a result of the research activity.
Costs of instruments and equipment used solely and continuously for the research activity

Payment:
- A 70% of the grant awarded shall be made immediately upon notification of the decision to award the grant.
- The remaining 30% will be paid on completion of the annual programme and on presentation of supporting documents enabling verification that the activities supported have been carried out and that the objectives pursued have been achieved.
This documentary submission, to be made during the first quarter following the end of the year.
Documentation to be provided

- Application, with general information about the company.
- Descriptive report of the company's basic activity data.
- Descriptive report of the Research Project.
- Copy of the power of attorney of the applicant.
- Affidavit 

Declaration of responsibility as per Annex I (BOPV No. 245/2008), regarding tax aid considered illegal or incompatible.

If your company is thinking of developing a project in the field of R&D&I, please contact us and we will analyse your case without obligation.
ABRA INVEST has a team specialised in public financing with more than 15 years of experience.

Contact:
Mail: advisory@bakertilly.es
Telephone: +34 946424142
More information:
www.abra-invest.com
https://techma.bakertilly.es/nuestro-blog/
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