The Ministry of Industry allocates 695 M€ to the financials of the industrial development
26 May 2014
With the aim to stimulate the industrial development, the Ministry of Industry, Power and Tourism has opened the term of application of financial support to the industrial investment in the lines ‘Reindustrialización', to fund the creation, enlargement or transfer of industrial establishments; and ‘Industrial Competitiveness', for the improvement or modification of the lines of production already existent. The total budget for this program is of 695 million euros.
These lines fund projects with a minimum investment of 75.000 euros for any dimension of company (except manufacturers of vehicles to engine that fixed in 3 million euros). This announcement collects several novelties with regard to previous editions, like the unification of both programs, with common requirements in application and in costs financiables, and the positive assessment of those projects of involve the incorporation of innovative technology, the increase of exports and the creation of employment.
“The term of presentation of applications will close on 24 June, by what is fundamental that the companies interested in participating begin what before to define his projects”, recommended Soraya Gamonal, manager responsible of the department of Financials of the Innovation in Spain and Portugal of the quality consultancy
The financials of the projects will consist in loans of 75% on the budget financiable and the type of applicable interest will depend on the classification awarded to the beneficiario in base to the economic evaluation-financial and will be between 3,062% and 4,53%.
The quality consultancy Lowendalmasaï manages the manufacturing of applications to this announcement, helping to the Spanish companies to achieve financials. The ‘know-how' of the team of consultores is to disposal of the customers so that, of an agile and simple form, achieve financials through this type of initiatives.
