Action Summary
Enhancing entrepreneurship through the creation of new very small, small and medium-sized businesses in selected Business Activity Codes across all sectors of the economy, except restaurants, retail trade and tourism.
The eligible budget of each investment plan ranges from €40,000 to €400,000.
Financial support will be granted at a rate of 45% of the costs submitted.
The percentage of support may be increased by:
- 10% if the investment takes place in a distant or fire-affected or flood-prone area or on small islands; and
- an additional 5% by achieving the employment target of at least 1 FTE in the first year after completion of the investment.
The duration of the implementation of the physical and financial objectives of the investment project will be strictly 24 months, without any extension.
Who is eligible
The Action concerns the strengthening of entrepreneurship through the creation of new micro, small and medium-sized enterprises in selected tourism Business Activity Codes.
Under establishment: Businesses that will be established following and the date of publication of the Call.
Newly established: Businesses that have been established where 12 months of continuous operation have not elapsed between the date of establishment of the business and the date of publication of the Call.
Prerequisites
The key requirements for the participation of the potential beneficiaries are:
To invest exclusively in one Region.
To operate exclusively in eligible BAC(s).
To provide precise information and data on the location of the investment site on a specific property (land, building or other type of independent site).
To have an approved building permit or at least an application for such a permit in the case of construction and completion of buildings, as of the date of commencement of online submission specified in the call for applications.
Provide documentation regarding the rights of use (ownership, usufruct, lease) they hold on the property.
To provide a Land Use Certificate for the site of the investment.
To provide evidence of their ability to cover the amount of the Individual Contribution according to the percentage specified on the detailed invitation.
To be eligible for the application of Reg. EU 1407/2013 (De Minimis) on which the Action relies
The full set of eligibility requirements will be defined in the Detailed Call of the Action.
Eligible Activities
The Action aims to support entrepreneurship through the creation of new very small, small and medium-sized businesses in selected BAC(s).
However, these will not include those related to the support of businesses in the Catering, Retail and Tourism sectors.
Indicative examples include:
Supply Chain
Services
Wholesale Commerce
Industries – Crafts
Eligible Costs
The key requirements for the participation of the potential beneficiaries are:
Buildings, Facilities and Surroundings
Machinery – Equipment
Digital Equipment and Software
Other equipment
Start-up aid (SME start-up)
Costs of promotion and publicity
Technical Studies
Consultancy services
Means of transport
Indirect costs (up to 7% of the eligible direct costs of the investment project)
Information
Click on the following link to see the official announcement in detail: