Description
This is a non-repayable grant under the new ERDF Programme 2021-2027, aimed at supporting the revitalisation of the investment propensity of companies that are already structured and operating in the market. The objective is to finance tangible and intangible productive investments and consultancy expenses, improving the business processes of enterprises and strengthening their competitiveness.
Eligible initiatives
To access the grant, the enterprise must present a project and the relevant expenses to be incurred. The project to be presented must consist of
- in the transformation of an existing production process
- and/or in theintroduction of a new production process inaddition to the company's existing production processes.
The investment for which aid is granted must be made and located in the territory of the Autonomous Province of Trento and the project must be completed within 18 months from the date of notification of the decision to grant the aid by the examining body.
Check points 6, 7, 8 and 9 of the Notice for evaluation criteria, grant/disbursement procedures and project timelines.
Eligible Expenses
Eligible expenses include tangible and intangible investments as well as consultancy costs. For more information on eligible expenses (VAT excluded) go to Annex 1 of the Notice.
Total eligible expenses must exceed 200,000 euro and be within the maximum limit of 2,500,000 euro.
Contribution measure
The contribution that the company can obtain is determined on the basis of the cost of the project, the aid scheme chosen(de minimis or exemption scheme) and with reference to the expenditure considered eligible. For more information on the contribution measure go to point 4 of the Notice.
As of 7 February 2024, the de minimis contribution is granted under the new Regulation 2023/2831. Until 30 June 2024, the contribution may be granted under the old Regulation 1407/2014 as amended only if it is more favourable to the applicant in terms of aid ceiling.
Restrictions
In return for the grant received, the company must also comply with a number of obligations, including
- to implement the approved project, respecting its start-up, completion and reporting deadlines;
- not to dispose of, transfer or otherwise divert from their intended use the assets for which the grant was awarded in the five years following the date of final payment of the grant to the beneficiary;
Further constraints are set out in Annexes 5 and 6 of the Notice, which refer to further obligations of the beneficiaries, as well as to information, monitoring and publicity obligations related to the financed interventions.
At the following link you can find a summary of the main communication obligations incumbent on the beneficiaries of the notices of the ERDF Programme 2021-2027.