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SME Development |
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New enterprises need a mix of resources and support in order to flourish. Often, these are not readily available. Most start-ups seek external guidance, assistance and finance. This scheme aims to support innovative start-up enterprises : · Innovative Start-up are considered as new enterprises engaged in existing local markets but introducing new perspectives and having the potential to compete in international markets · Highly Innovative Start-ups are new enterprises engaged in new markets, new technologies, novel products or services and in knowledge based industries that demonstrate a potential for job creation and growth
This incentive provides part-financing of up to Euro15,000 to cover costs incurred by these enterprises during the stetting-up phase. These costs are covered at up to 45% and may include: · Procurement of Services provided by outside consultants · Investments in tangible assets · Investments in intangible assets
General Information A start-up enterprise is an enterprise in its initial five years. The cash grants provided through this incentive are only available to innovative enterprises participating in the Innovative Start-ups Program. |
Innovative Start-ups Grant |
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This form should be completed by undertakings wishing to participate in the Innovative Start-up Program. The Innovative Start-ups grant is an incentive provided to enterprises participating in this program. |
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