Applications for funding may be submitted in two ways:
- automatic procedure: for expenditure already incurred by the date of submission of the application, provided it was incurred within the previous 18 months, up to a maximum eligible expenditure of 300,000 euros;
- assessment procedure: investments must commence no earlier than the day following the date of application submission. The maximum eligible expenditure per application is set at 15 million euros.
In the case of applications under the automatic procedure, aid is granted only under the de minimis scheme.
In the case of applications under the assessment procedure, aid is granted either under the exemption scheme or under the de minimis scheme.
The aid is granted as a capital grant where the eligible expenditure exceeds 300,000 euros; if it is less than 300,000 euros, it is granted as a lump sum.
The minimum threshold for eligible expenditure for the granting and payment of each project is €25,000.00, with the exception of ancillary works and projects relating to the cross-country skiing sector, for which the minimum threshold is reduced to €10,000.00.
The maximum eligible expenditure for the construction of multi-purpose reservoirs is 2.5 million euros.
If the aid is requested under an exemption scheme, the application must comply with the provisions set out in Articles 6 and 17 of EU Regulation 651/2014:
- the application for aid must be submitted before work commences, defined as the date on which construction work relating to the investment begins, or the date of the first legally binding commitment to order equipment or any other commitment that renders the investment irreversible;
- expenditure relating to modernisation, improvements and purchases that constitute mere replacement investments is not eligible.
In return for the aid received, the company is required to comply with the obligations set out in Article 8 of Provincial Law 35/88 and in point 12 of the relevant implementing criteria.