In accordance with the provisions of Articles 17.3.b and 20.8.a of Law 38/2003, of 17 November, General Law on Subsidies, the extract of the call for applications is published, the full text of which can be consulted in the National Database of Subsidies (https://www.infosubvenciones.es/bdnstrans/GE/es/convocatoria/574525)
First. Beneficiaries.
SMEs, in the form of trading companies, whose activity is located in the Autonomous Community of Murcia and in any sector of activity, except those indicated in point 1, paragraphs: a), b), c), d), e), f), g), h), i), j) of article 2 of the Regulatory Bases, published in the BORM n.º 140 of 20 June 2018, may apply for funding under this call for proposals.
Second. Object.
The purpose of this call is to grant, on a competitive basis as provided for in Article 22 of Law 7/2005, of 18 November, on Subsidies of the Autonomous Community of the Region of Murcia, financial support in the form of loans to SMEs with investment projects mainly aimed at the modernisation and competitive improvement of the company.
Eligible investments shall be as follows:
a) The acquisition of tangible assets or tangible productive assets, with the express exclusion of land and elements of external transport. The sum of the concepts of civil works and construction may reach up to fifty percent of the bankable project.
(b) the acquisition of intangible assets.
c) A permanent increase in the working capital necessary for the growth of the business derived from the investment project. The sum of the items included under this heading may reach up to a maximum of twenty-five per cent of the bankable project.
Third. Regulatory bases.
Agreement of the Board of Directors of the Instituto de Fomento de la Región de Murcia, at its meeting of 17 May 2018, approving the regulatory bases for the granting of loans aimed at promoting investment to improve the competitiveness of companies. Línea Invierte, published in the BORM no. 140 of 20 June 2018.
Fourth. Resources available.
The maximum credit available for this call is 2,741,764.00 euros. By virtue of the Credit Agreement established between the Instituto de Fomento de la Región de Murcia and the Instituto de Crédito y Finanzas de la Región de Murcia, these funds come from the European Investment Bank and the Instituto de Crédito y Finanzas de la Región de Murcia.
Fifth. Characteristics of the financing.
The maximum amount of the loan may be up to 100% of the eligible costs of the project with a minimum amount of financing per beneficiary of 50,000 euros and a maximum of 1,000,000 euros. Depending on the characteristics of the type of investment project, loans of more than 1,000,000 euros may be granted.
Repayment period: Ten years maximum, including a grace period of up to fifty percent of the total term, with a maximum of three years, adapted to the characteristics of the investment project. The minimum term of the loan will be two years.
Interest rate: shall consist of the sum of the following rates:
Reference rate: For the first year it shall be calculated on the basis of the one-year EURIBOR published on the last day of the month preceding the date of the Project Appraisal Committee provided for in Article 15.
In subsequent years, it shall be revised annually on the basis of the one-year Euribor recorded on the last day of December of the previous year and shall enter into force on 1 January of each year.
Additional rate: will be determined on the basis of the credit rating of the beneficiary company at the time of granting. The additional rate will range from 0,55% to 2,80%.
Appropriate collateral will be required according to the characteristics of each operation, with the minimum level of collateral ranging from 10 per cent to 30 per cent of the amount of the loan granted.
Sixth. Requirements for beneficiaries.
Those established in article 3 of the regulatory bases.
Seventh. Submission and deadline.
Interested parties should address their application to the Presidency of INFO by telematic submission of applications and complementary documentation, in accordance with the model to be found in the loans section of the Internet address: https://www.institutofomentomurcia.es/infodirecto/
To use this means of submission, the applicant must have a qualified user certificate issued by a Certification Authority. The list of these Certification Authorities will be available at the above Internet address.
Applications for funding may be submitted from the day after the publication of the extract of this call in the Official Gazette of the Region of Murcia, until 31 December 2021, unless the budget of the Call has been exhausted beforehand.
