Neotec

Objective.

Financing the start-up of new business projects, which require the use of technologies or knowledge developed from the research activity and in which the business strategy is based on the development of technology.

Beneficiaries.

Small innovative companies.

Eligible facts.

New business projects that require the use of technologies or knowledge developed from the research activity and in which the business strategy is based on the development of technology. Technology and innovation will be competitive factors that contribute to the differentiation of the company and serve as the basis for the strategy and the long-term business plan, with the maintenance of its own R & D lines.

There is no restriction regarding the sector or the technology to be developed. However, business models based mainly on services to third parties, without developing their own technology, do not fit into this call.

Eligible expenses.

Subsidized expenses are considered, provided that they are included in the business plan and are necessary for the development of the same, the expenses derived from the start-up of a new business project of innovative companies during 2019 and 2020. The following expenses may be financed :

  1. a) Investments in equipment,
  2. b) Personnel expenses,
  3. c) Materials,
  4. d) External collaborations / advice. These costs may include the cost derived from the evaluation report of the expert or the certification of the external auditor, evidencing the nature of an innovative company,
  5. e) Other costs: rents, supplies, royalties and licenses, costs of requesting and maintaining patents and other industrial property rights, insurance and expenses derived from the auditor’s report. The latter will have a maximum limit of 2,000 euros per beneficiary and annuity.

Amount.

Subsidies up to 70% of the performance budget, with a maximum grant amount of 250,000 euros per beneficiary.

Minimum fundable budget: 175,000 euros.

Application date.

Until October 2, 2018.



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