The percentage of public investment incentives a project can receive depends mainly on the size of the company, defined by the European Commission as follows:
Company Size |
Employees |
Turnover |
o |
Balance |
---|
Small |
< 50 |
< 10 Millions |
|
< 10 € Millions |
Medium |
< 250 |
< 50 Millions |
|
< 43 € Millions |
Large |
Not included above |
According to the above classification, a company could receive up to 45.35% of its investments, or 25%, in the form of non-reimbursable subsidies for the following eligible expenses:
- Equipment and machinery.
- Civil works, new building and machinery installation.
- Engineering or works management.
Aid for hiring the unemployed:
Hiring unemployed individuals under 30 years of age, according to their education level.
Modality |
Maximum Aid |
---|
Terciary Education |
10,000 €* |
Secundary Education |
8,000 € |
Rest |
7,000 €* |
* 11.,000 € for unemployed women
Subsidies for permanent contracts:
Program 1: initial permanent contract.
Program 2: conversion of temporary to permanent contract.
Modality |
Men |
Women |
---|
Programm 1 |
7,000 € |
7,500 € |
Programm 2 |
,500 € |
5,000 € |
Incentives for education and training contracts:
100% reduction in social security contributions for companies with fewer than 250 employees, and 75% for 250 or more employees. No more than five years can elapse from completion of the corresponding studies.
Subsidies for RDI:
R&D subsidies: Financial support in the form of a non-reimbursable subsidy for RDI projects.
The percentage of aid granted in Extremadura is the maximum national level (80%), while on the other hand it is the region allocated the highest level of European funds (ERDF).
Eligible investments: personnel costs (technicians and managers), equipment, acquisition of new machinery, research, and general expenses.
Type of Innovation |
Small* |
Medium* |
Large* |
---|
Industrial |
< 80% |
< 70% |
< 50% |
Experimental |
< 45% |
< 40% |
< 25% |
* Company Size