Grants for companies in Catalonia - July 2015 -

Order EMO / 217/2015, published in the DOGC of July 21, 2015, determines a Line of subsidies for 2015 in the form of a guarantee for the financing of projects of INDUSTRIAL REACTIVATION in the territorial area of ​​CATALUNYA.

Deadline for submission: from July 22, 2015 and until December 31, 2015 or until the budget expires

The applications must be formalized telematically, using the form that will be available to the companies benefiting from the ICF website (www.icf.cat) along with the documentation provided for in base 6 of the annex to this section. These regulatory bases.

Likewise, the application form resulting from online processing, in paper and duly signed, must be submitted within the established term, in the Network of Business Management Offices (which can be consulted on the web pagehttp : //canalempresa.gencat.cat), or to the Directorate General of Industry, or the Institut Català de Finances; The date of this presentation is valid for the purposes of submitting the application.

Purpose: To regulate the granting of aid in the form of a guarantee for the financing of industrial revival projects.

Beneficiaries: companies with a head office or operations in Catalonia that, on a permanent basis, meet three of the following six criteria:

A) Companies that have a structure of own resources not less than 40% in their final balance sheet, or at the time of the formalization of the operation and, without counting the loan object of the line of industrial revival.

B) Companies with a production center of less than 250 workers and who in the last year have billed up to 40 million euros.

C) Companies that show a percentage of sales abroad exceeding 25%, during the last three years, in a continuous manner, or at least in two of three exercises.

D) Those companies that have developed or are developing a R + D project, preferably in collaboration with a technology center in Catalonia, or have a competitive advantage based on a patent.

E) Those companies that have contracts and orders signed, for the financing of the circulating one.

F) Those companies that promote an investment and employment project in a region of Catalonia with an industrial unemployment rate higher than the average in Catalonia or where they have recently suffered industrial offshoring with an impact on more than 100 workers.

They may not be beneficiaries, in accordance with Regulation (EU) 1407/2013, of the Commission of 18 December 2013, relative to the application of articles 107 and 108 of the Treaty of operation of the European Union to the aid of Minimis and Regulation (EU) 1408/2013 of the Commission of 18 December 2013 on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to De minimis Aid in the Agricultural Sector:

A) Companies operating in the fisheries and aquaculture sectors, regulated by Regulation (EC) no. 104/2000 of the Council.

B) Companies operating in the sector of the transformation and commercialization of agricultural products in the following cases:

When the amount of the aid is determined based on the price or quantity of such products purchased from primary producers or marketed by the interested companies.

When the aid is subject to the fact that a part or its totality is affected by primary products (farmers).

C) Activities related to the export to third countries or member states, that is, the aid directly linked to the quantities exported, to the establishment and operation of a distribution network or to other current expenses linked to the Export activity

D) The aid conditioned to the use of national products instead of imported.

E) Aid whose amount is fixed on the basis of the price or quantity of the products marketed.

Types of Projects

1. The investment projects for the implantation and creation of new industrial establishments or the extension of the existing ones and that entail the creation of new jobs.

2. The plans to improve competitiveness, either through the development of new products or the incorporation of advanced production systems, which contribute to industrial revival and generate clean employment.

Eligible expenses

1. In the case of investment projects, the expenses of acquisition of tangible or intangible assets and the costs of subcontracting directly linked to the execution of the project are considered eligible.

2. In the case of plans to improve the competitiveness, personnel costs, acquisition costs of equipment or tangible or intangible assets and the costs of subcontracting directly linked to the execution of the project will be eligible.

3. Investment projects or implementation of competitiveness improvement plans may include current financing, which may not exceed 30% of the total amount of the project.

Characteristics of the grants: the Department of Business and Employment responds 80% of the principal outstanding of each loan formalized through the ICF, charged to the provision fund that will affect this effect. Prior to the formalization of the loan by the ICF, the Directorate General of Industry must have issued a resolution regarding the industrial eligibility of the project.

The conditions of the loans are:

A) Interest rate: will vary from Euribor to 12 months plus a differential of 3.95%.

B) The amount of the loans will be up to a maximum of 100% of the amount of the action eligible, with a minimum of 500,000 euros and a maximum of 2,000,000 euros.

C) Terms: the maximum term of the loan in the case of investment financing or improvement plans of the competitiveness will be up to seven years, with the possibility of a period of lack of capital amortization of up to two years , Included in this term.

D) Disbursement: In a single time or in partial payments, for a period of up to 24 months, against the presentation of invoices or documents justifying the investment.

E) Guarantees: Those considered sufficient at the discretion of the Catalan Institute of Finance. Additionally, as a complement to the guarantees provided by the holder, all operations will have the risk assumption of the Department of Business and Employment, which will be 80% of the risk of live operations. The guarantees that the beneficiary will provide will be shared between the ICF and the Department.

F) Amortization: The loan will be amortized for overdue quarters.

G) Maximum opening commission: 0.50% of the nominal loan.

H) Interest of delay: current interest rate + 6%.

The guarantee of 80% of the loan involves the granting of a grant that is calculated according to the provisions of Regulation (EU) no. 1407/2013 of the Commission of 18 December 2013 on the application of Articles 107 and 108 of the Treaty on the Functioning of the European Union to de minimis aid.