The subsidy programme for high-impact business investments in Catalonia is essential to boost economic development and job creation in the region. Find out below how your company can get this type of grant.
GenCat) ofrece una serie de subvenciones destinadas a empresas ya establecidas en la región o aquellas en proceso de establecerse.
The Generalitat de Catalunya (GenCat) offers a series of subsidies aimed at companies already established in the region or those in the process of being established.
In this article, we will explore in detail how to take advantage of these funding opportunities to boost business growth.
Understanding Subsidies for Business Investment in Catalonia
Grants for high-impact business investments in Catalonia are aimed at companies with an operational establishment in the region or in the process of establishing one. These projects must be aligned with the defined lines of action and not operate in excluded sectors.
PURPOSE OF THE AID
High Impact Business Investment Grants
The main objective of these subsidies is to encourage the implementation of investment projects that contribute to economic development and job creation in Catalonia. It seeks to support investment in fixed assets that incorporate new business activities or expand productive capacity, with a focus on strategic sectors for the Catalan economy.
On many occasions, companies make investments to expand their team or improve their infrastructure independently. These improvement projects can benefit from this type of grant. It is advisable to have the support of a manager like SOCOTEC who knows all the grants and financing options, who can study your investments and advise you on which grants to apply for to maximise your investments and get the maximum return on your business capital.
The main objective of these subsidies is to encourage the implementation of investment projects that contribute to economic development and job creation in Catalonia. It seeks to support investment in fixed assets that incorporate new business activities or expand productive capacity, with a focus on strategic sectors for the Catalan economy.
On many occasions, companies make investments to expand their team or improve their infrastructure independently. These improvement projects can benefit from this type of grant. It is advisable to have the support of a manager like SOCOTEC who knows all the grants and financing options, who can study your investments and advise you on which grants to apply for to maximise your investments and get the maximum return on your business capital.
Requirements and Characteristics of High Impact Business Grants
Subsidies for business investments in Catalonia have a series of requirements and characteristics that companies must take into account when applying for them:
- Amount of Grant: Grants can vary in amount, being able to obtain up to €500,000 forcompanies and up to €2,500,000 for R+D+i centers.
- Investment Requirements: Projects must meet certain fixed asset investment criteria, such as a minimum accepted expenditure on productive assets.
- Exclusion of Activities: Some activities are not eligible for grants, such as logistics or distribution center projects.
- Impact on the Catalan Economy: Priority is given to strategic projects that contribute to the economic development of Catalonia, such as the creation of new companies and job creation.
- Compliance with Obligations: Beneficiaries must comply with tax and social security obligations and have no debts with the entity granting the aid.
- Social Inclusion: The social inclusion of people with disabilities in the workplace is promoted.
Requirements and Characteristics of High Impact Business Grants
Available Lines of Action and Help Lines
The grants are divided into different lines of action, each focused on specific projects that contribute to the economic development of Catalonia. Some of these lines of action include:
- Line 1: Business investment projects that generate significant employment. They are divided into several actions, such as the creation of technology service centers, the expansion of business decision-making centers, and strategic industrial projects. It also includes research and development (R+D) projects and those related to areas affected by nuclear energy. Requirements vary by action, but in general, minimum job creation is required and projects are required to be carried out outside of certain urban areas.
- Line 2: Business investment projects that impact fixed assets. These projects include actions such as the expansion of production capacity, investment in R+D centers and the creation of audiovisual infrastructures. The requirements vary depending on the action, but in general, a minimum required investment is established and the types of eligible fixed assets are detailed.
Within these lines of action, there are various actions ranging from investment projects in fixed assets to strategic projects for the Catalan economy in areas such as environmental sustainability and audiovisual production.
Grants for high-impact business investments in Catalonia represent a valuable opportunity for companies seeking to boost their growth and contribute to the economic development of the region. With the right support, such as that offered by SOCOTEC through its dedicated grant management department, companies can maximise their chances of success in the process of applying for and managing these grants.
SOCOTEC as an Ally in Grant Management
For companies looking to take advantage of these funding opportunities, having the right support in grant management is critical. SOCOTEC, a well-known company in the field of business consulting, offers a department specialized in the management of subsidies and financing for companies. With its experience and expertise, SOCOTEC can help companies throughout the entire grant application and management process, maximizing their chances of success.
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