The Industrial Growth subsidy line for industrial companies (CRECE 2) supports productive investment in industrial companies through investments focused on production and the implementation of new organizational and production methods, aimed at increasing the productivity and competitiveness of companies , achieving the economic growth of the company.
Promote investments in new tangible and intangible assets and the use of consulting services.
Incentive effect: before start investments, complete application
One application per company
P1.- Creation new establishment
P2.- Expansion of existing establishment capacity
P3.- Diversification production in new products
Eligible costs> 200% asset value that are reused last year
P4.- Fundamental transformation of the production process
Eligible costs> 100% depreciation assets to be modernized in the last three years
P5.- New organizational methods in the organization of the workplace, business practices or external relations
P6.- New or significantly improved production method
P7.- New organizational method or new production method and its certification
New material assets: land, urbanization, civil works, capital goods and others (auxiliary facilities, etc.), from 50,000 euros
Intangible assets, from 10,000 euros
Consulting services from 10,000 euros
Maximum eligible amount 900,000 euros
Except activities of steel, shipbuilding, synthetic fibers, port services, logistics:
Consulting for small and medium: 50%
Until March 31, 2020.