Employment generating productive investment


It is the subject of this Order Regular program Boosting the Left Bank Nervion River and Oiartzualdea Zones of the Basque Country, Indartu program for grants to companies making productive investment that generates employment in the areas Left Bank Oiartzualdea Nervion estuary and the Basque Country, which involve a significant amount of job creation, in terms of this standard.

Done eligible:

Oiartzualdea (Gipuzkoa), composed of the following municipalities: Errenteria, Pasaia, Lezo, Oiartzun, Hondarribia, Irun and Hernani.

Nervion estuary (Bizkaia), composed of the following municipalities: Sestao, Ortuella, Trapaga Valley, Abanto, Muskiz, Zierbana, Portugalete, Santurtzi, Barakaldo, Erandio Alonsotegi and.

Large companies must make a minimum of 3 M euros supported investment and achieve a minimum of 20 net employment generation;
SMEs must make a minimum investment of 750,000.00 euros accepted and achieve a minimum of 5 net jobs generation.
investment companies, although not reach the minimum permitted investment indicated above, generate at least 100 jobs, in the case of large companies, and a minimum of 25 net jobs, in the case of SMEs will also be considered.
Own resources 25%.
susceptible employment support.
1. The initial staff will be calculated taking as a starting point the arithmetic mean of the last twelve years preceding the publication of the call months.
2. The employment generated, it must be realized at most within 6 months following the end of the time horizon adopted.
The committed employment shall be maintained for a minimum period of three years from the creation of each job.

Amount of aid:

Subsidies granted under this Order shall take the form of non-repayable grant and will account for 10% of the eligible investment support.
Grants will have a maximum limit which in no case may exceed the amount of 3,000,000.00 euros per company.

Application date: Until May 6, 2016.

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