Organisation: Ministry of Industry, Trade and Tourism.
Object:
Industrial investments that contribute to strengthening competitiveness and favouring the development of industry, according to the following types of action: a) Creation of industrial establishments b) Relocation of industrial establishments c) Improvements and/or modifications of existing production lines d) Productive implementation of "Connected Industry 4.0" technologies.
Beneficiaries: Companies that are not part of the public sector and which carry out or will carry out a productive industrial activity included in Section C-Divisions 10 to 32 of the National Classification of Economic Activities (CNAE 2009).
Eligible period: The actions financed must be carried out from 1 January 2019 up to a maximum period of 18 months from the date of the decision on the grant.
Eligible budget : The minimum eligible budget for investments shall be €100,000.
Loans from 75% of the investment project budget, with the following limits:
- In the case of companies without significant historical accounts, the amount of the loan to be granted may not exceed 3 times the latest own funds.
- In all other cases, this limit is set at 5 times the own funds.
The characteristics of the loans will be as follows: - Repayment period: 10 years, with a grace period of 3 years - Interest rate: 1.00%
Guarantees
Prior to the decision to grant the loan, the presentation of a guarantee receipt will be required from the Caja General de Depósitos, the amount of which will be set in accordance with the following steps:
- If the rating category is excellent (AAA-A), the percentage of the guarantee to be provided shall be 10 per cent.
- If the rating category is good (BBB), the percentage of the guarantee to be provided is 41 per cent.
- If the rating category is satisfactory (BB), the percentage of the guarantee to be provided shall be 70 per cent.
Eligible items - Civil works: material investments in urban development and channelling (excluding land). - Building: material investments for the acquisition, construction, extension or adaptation of industrial buildings, as well as installations and equipment not directly linked to the production process. - Acquisition of tangible fixed assets directly linked to production, excluding external transport elements and the acquisition of specific software for hybridisation or digital connectivity of production processes - Production process engineering (only in the case of improvements and/or modifications to existing production lines and the productive implementation of "Connected Industry 4.0" technologies): expenditure on own personnel, materials and external collaborations necessary for the design and/or redesign of processes linked to production apparatus and equipment.
Compatibility
The total public funding of the investment, computed as the sum of public resources granted by any Administration and/or public body, may not exceed 75% of the total budget of the investment project that has been considered bankable.
Deadline for submission Until 04/11/2019.
Applicable regulations
Convocatoria 2019 published in the National Database of Subsidies with identification number 473948. Order ICT/768/2019, of 11 July, published in the BOE No. 169, of 16/07/2019 (Modification of Bases). Order ICT/1100/2018, of 18 October, published in BOE No. 254, of 20/10/2018 (Bases).
