Subsidies and grants
    

SUBSIDIES AND GRANTS
REGIONAL ECONOMIC INCENTIVES
OBJECTIVES
Stimulate development in the least favored regions.
Harmonious distribution of activity in the Community.

BENEFICIARIES
Projects which create new Spanish companies in industrial sectors of extraction and transformation (especially the ones using advanced technologies and/or alternative energies).

REQUIREMENTS
Technical, economical and financial viability.
Auto-financing at least 30% of the investment.
Not having initiated the investment at the time of subsidy application.

SUBSIDY TYPE
Non-recoverable grants up to 30% of the approved investment.
Our experience allows us to estimate between 5 and 9%, having established the subsidized amount in the budget at 7%.

OTHER GRANTS
SELCO MC will analyze the possibilities to benefit from possible specific grants and subsidies for the food industry, if it can be included in the project .
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