Investment Incentives

Line for the creation of economic activity and improvement of competitiveness of SMEs.

The purpose of the line is to support the creation of economic activity, the improvement of competitiveness and the expansion of the size of small (including micro-enterprises) and medium-sized companies existing in Andalusia.

They are non-refundable aids to contribute to the industrial development of Andalusia, by improving the competitiveness of the companies or promoting the growth of companies in Andalusia.

They must be projects with an investment of more than 30,000 euros.

Deadline

30 Diciembre, 2027

Who can apply?

Small and medium-sized companies, regardless of their legal form (except civil societies and communities of goods), with operational establishment in the Autonomous Community of Andalusia, belonging to certain sectors (see CNAE list).

It is necessary to prove sufficient economic and financial capacity in relation to the amount of the investment presented.

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Requirements to apply for the aid

ELIGIBLE PROJECTS

These are those undertaken for the implementation of an initial investment project in tangible and intangible assets involving an eligible investment of more than 30,000 euros, related to the following categories:

- the creation of a new establishment.

- the extension of the capacity of an existing establishment.

- the diversification of an establishment's production into products or services not previously produced or provided there.

- a fundamental transformation of the overall production process of the product(s) or of the overall provision of the service(s) concerned by the investment in the establishment.


Projects must comply with the following:

⦁ a) Be considered viable from the technical, economic and financial point of view.

⦁ b) That the applicant company has, or plans to create with the project presented, an operational establishment in the Autonomous Community of Andalusia, regardless of where the head office is located.

⦁ c) Work has not been started prior to the date of submission of the application, in order to comply with the requirement that the aid requested has an incentive effect, in accordance with the definition detailed in Annex I of the Regulatory Bases.

ELIGIBLE ITEMS

- Land: the acquisition of land necessary for the implementation of the project.

- Warehouses and buildings.

- Process equipment.

- Auxiliary equipment and installations.

- Computer equipment or Information and Communications Technology (ICT) infrastructure.

- Acquisition and processing of software, with the exception of software consisting of computer licences for operating systems or office automation applications.

- Other investments in tangible fixed assets

 

SUBSIDY RATE:


Provinces of Granada, Seville, Huelva, Malaga and Jaen:  


A minimum of 45% of the investment is granted, which can be increased depending on different characteristics, such as job creation, innovative nature of the project, company formed by young people or women, social economy, etc., and can reach up to 55%.


Provinces of Cadiz, Cordoba and Almeria:  

A minimum of 55% of the investment is granted, which can be increased depending on different characteristics, such as job creation, innovative nature of the project, company formed by young people or women, social economy, etc., and can reach up to 65%.

What is the deadline to submit applications?

Deadline for submission of applications

From July 10, 2024 to December 30, 2027, the application period is open.