This is one of the first two schemes announced in early July by the Parliamentary Secretariat for the EU Presidency 2017 and EU Funds, with the first call for project proposals to be published in the coming days.
Key characteristics:
TOTAL SCHEME BUDGET – € 7 MILLION
MAXIMUM GRANT OF €300,000, PART-FINANCING 50 % OF ELIGIBLE EXPENDITURE
ELIGIBLE COSTS
- Lease/rental of private operational premises
- Construction/up-grades of private operational premises
- Purchasing of new equipment, machinery and plant
- Patents and licenses
ELIGIBLE ACTIONS
This Grant Scheme seeks to assist start-ups (being micro and small enterprises established for less than three years), engaged in one of the following activities, to part-finance their initial productive investment in tangible and intangible assets, in line with a business plan, to implement their business growth strategies:
- The production, manufacture, improvement, assembly, preservation, processing of goods, materials, commodities, equipment, plant machinery;
- Biotechnology, Pharmaceuticals and Life Sciences;
- Research and Technological Innovation;
- The repair, overhaul or maintenance of pleasure crafts, yachts having less than 100gt, aircraft, engines or equipment incorporated or used in such vessels or aircraft;
- Information and communication technology (ICT) development activities, software development;
- Eco-innovations, and environmental solutions;
- The creation of tourism products and services as a result of networks created between traditional tourism service providers and the crafts and artisan sector;
- The development and provision of tourism products and services related to emerging niche markets;
- The development and provision of tourism products and services related to the promotion of natural and cultural heritage;
- The development and provision of tourism products and services relating to social tourism with specific focus on senior tourists, accessible tourism and active ageing;
- The development of innovative concepts, products and services offered by Boutique Hotels and Palazzini;
- The development, and/or provision of E-health solutions;
- The development and provision of services and products promoting healthy living;
- The development and provision of services and products promoting active ageing;
- The development and provision of services and products related to child-day care;
- The development and creation of crafts and artisan products;
- Retail activities by self-employed and family businesses engaged in craft;
- Start-ups proposing products and/or services that can be marketed and distributed internationally and which are typically more advanced than those prevailing in their respective industry in terms of technology, know-how and skills.
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