INTERES Invest in Spain
Make your next move interesting
Doctor Romagosa 1, 2º 46002 Valencia (Spain)
Tel.: +34 963 427 350
Fax: +34 963 427 353
www.vci.com.es info@invest-vci.com
Region
Valencian Community
Aid & Incentives
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Incentives for capital expenditure
| PURPOSE | ELIGIBLE ACTIONS | UPPER LIMIT | |
| DIRECTORATE GENERAL ECONOMY | Regional Funds* in support of production investment in the Valencian Community * Application until 31.Dec.2006 |
New fixed assets or assets for first time use for: -setting up new establishments -expansion -upgrade -rRelocation |
Up to 35% of the eligible expenditure of the investment project, depending on geographical location |
| SEPIVA | Promotion for the creation of industrial parks | Acquisition of industrial land in the Valencian Community at highly competitive prices | |
Financing of capital expenditure
| PURPOSE | ELIGIBLE ACTIONS | UPPER LIMIT | |
| IVF Instituto Valenciano de Finanzas | Financing of medium and long-term investment projects | Credits and guarantees to finance fixed asset spending. Preference for productivity-boosting investments | Long-term credit facilities (up to 10 years) Maximum 75% of the investment Interest rate: 3-month Euribor +(1/1.5) €300,000 minimum |
Principal support programs for R&D
| IMPIVA(2004) | R&D+i support | Technology development program Program for creation of tech-intensive companies Program for technological innovation and modernization in micro-businesses |
Up to 35-45% of the eligible costs in general. Up to 70% of projects qualifying as industrial research Up to 50% of the subsidised cost, maximum €60,000 Up to 30% with an aggregate maximum of €15,000 per company |
Aid for employment creation and training
| PURPOSE | ELIGIBLE ACTIONS | UPPER LIMIT | |
| DIRECTORATE GENERAL FOR EMPLOYMENT OF THE VALENCIAN COMMUNITY | Job placement assistance for the unemployed under the age of 30 years Access to stable employment |
Incentives for permanent contracts and assistance for transforming training contracts into permanent contracts Assistance for permanent employment of the long-term employed over the age of 45 Assistance for permanent contracts to perform work at home Assistance for permanent employment of women |
2,000 and 4,000 in the case of women (25% higher for degree-holders in information technologies, telecommunications or the environment) 1,500 4,400 4,000 / 3,000 for permanent part-time contracts |
| IMPIVA | Customer training programs for companies | Ongoing training for skillbuilding and professional courses | Up to 45% of the eligible costs, with a maximum of 90 of aid per training hour. |
Principal aid for investments in the environment
| PURPOSE | ELIGIBLE ACTIONS | UPPER LIMIT | |
| DEPARTMENT OF THE ENVIRONMENT | Minimizing industrial waste Assessment of industrial wastes | Identification and classification of the waste generated by businesses Study of alternatives and measures for minimizing waste at source and on-site waste recovery | Up to 40% of subsidisable costs (up to €4,500) Up to 30% of the subsidisable costs of spending on technology (up to €200,000) |
| IMPIVA | Industrial management of the environment and reduction of environmental impact | Application of technologies aimed at allowing better use of resources Establishment and certification of environmental management systems decontamination | Up to 30% of the eligible costs |
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