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Small and Micro Enterprise Competitiveness Toolkit – Subsidy up to 65%

Competitiveness Toolkit for Small and Micro Enterprises The “Competitiveness Toolkit” scheme aims to support existing small and micro enterprises so that they can upgrade and improve their competitive position in the domestic and foreign markets, by investing in the modernisation of their production equipment and in the certification

Subsidy From €20,000 to €200,000

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Competitiveness Toolkit for Small and Very Small Businesses

The "Competitiveness Toolkit" Action aims to strengthen existing small and very small businesses, in order to upgrade and improve their competitive position in the internal and external market, investing in the modernization of their production equipment and the certification of their products.

Action Budget

400 million euros for all regions of the country

The Action is co-financed by the European Regional Development Fund (ERDF) of the European Union and by national resources.

Beneficiaries of the Action

Small and very small businesses

Investment Plans & Subsidy

Investment plans from 20,000 euros up to 200,000 euros

Subsidized by 50% up to 65%

The amount of the subsidy is determined based on the export performance of the companies.

Eligible Fields of Activity

Agri-food / Food Industry
Energy
Supply chain
Cultural and Creative Industries (CCI)
Environment
Information and Communication Technologies (ICT)
Health
Materials – Constructions.

Basic Conditions of Participation

Businesses must cumulatively satisfy the following conditions:

to have closed at least three (3) twelve-month management years
to have the eligible SDRs of the investment, according to Annex III "ELIGIBLE ACTIVITIES (SDR)"
to have at least two (2) full-time or part-time employees in the year preceding the submission of the investment plan.

Subsidized Expenses

Machinery – Equipment up to 100% of the investment plan
Certification of Products - Services - Processes up to 100% of the investment plan
Packaging – Label – Branding up to 25% of the investment plan
Digital Projection
Consulting Services-Technical Studies
Means of transport
Salary Cost of Employees (new staff)

The date of publication of the invitation is defined as the date of start of expenditure eligibility.

Time of Implementation of Investment Plans

Until twenty-four (24) months from the date of issuance of the Incorporation Decision.

Online Submission Start Date: February 20, 2019

The call will remain open for applications until the available budget is exhausted and no later than 18 months after its initial publication.
Funding applications will be evaluated in order of priority, according to the date of electronic submission of the investment plan.