The “Competitiveness Toolbox” Action aims to strengthen existing small and very small businesses, in order to upgrade and improve their competitive position in the internal and external market, by investing in the modernization of their production equipment and the certification of their products.
Eligible Business Sectors NSRF Toolbox
- Manufacturing companies
- Wholesale businesses
- Food and agri-food industry – processing sector
- Healthcare businesses
- Logistics, transportation – supply chain companies
- Energy and Environment Sector
- Construction companies
- IT companies
- Cultural and Creative Industries
Expenses
- Purchase of all kinds of equipment and machinery
- Supply of software for the operation of the business
- Supply of energy saving equipment
- Quality systems & product standardization
- New staff payroll subsidy
- Means of transport
- Consulting services
- Advertising & Promotion Expenses
Participation requirements
Companies must meet the following conditions:
- To operate and have at least 3 full administrative uses.
- Activation in at least one eligible KAD
- Employment of at least 2 employees in AWU (annual work units) in 2017
- Valid operating license, if required for the operation of the business
- Not be under bankruptcy, liquidation or compulsory administration
- Investment Plans & Subsidy
Budget and funding rate
- Granted budget from 20,000 euros to 200,000 euros
- Subsidy from 50% to 65%
- The amount of the subsidy is determined based on the export performance of the companies.
Time for implementation of investment plans
- Up to twenty-four (24) months from the date of issuance of the Inclusion Decision.
Online submission start date: February 6, 2019
- The call will remain open for submission of applications until the available budget is exhausted and at the latest until 18 months have passed since its initial publication.
- Funding applications will be evaluated in order of priority, according to the date of electronic submission of the investment plan.
