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Grants

GRANTS FROM THE FINANCE DEPARTMENT

Industry grants

Program Industrial Grants and SMEs in Aragon (PAIP)

 

The grants offered by PAIP focus on four specific areas:

  • Regional investment grants: Investment in new assets, tangible or intangible, for the creation of a new business, the expansion of an existing business, the diversification of a business production into new additional products or an essential change in the overall production process of an existing business.
  • Industrial research and experimental development investments
    • Industrial research projects, which consist of planned research or critical studies aimed at acquiring new knowledge and skills that may be useful to develop new products, processes or services, or to considerably improve existing ones; includes the creation of complex system components and may include the construction of prototypes in a laboratory environment or in an environment with simulated interfaces with existing systems, as well as pilot lines, when necessary for industrial research and, in particular, for the validation of generic technology.
    • Experimental development projects, consisting of the acquisition, combination, configuration and use of existing knowledge and techniques, of a scientific, technological, business or other nature, with a view to the development of new or improved products, processes or services. It may also include, for example, activities of conceptual definition, planning and documentation of new products, processes or services.
  • Innovation grants The costs associated with obtaining, validating and defending patents and other industrial property rights may be eligible for a grant.
  • Technical consulting services grants The costs of consultancy services of a technical nature contracted may be eligible for a grant. These services may not consist of permanent or periodic activities, nor shall they be related to the normal operating expenses of the company, such as routine tax advisory services, periodic legal services or advertising services.
  • Regional investment grants in Industry 4.0:

 

Energy grant

Grants in matters of energy saving and diversification, rational use of energy and use of indigenous and renewable resources and electricity and gas infrastructures

This grant scheme is aimed at SMEs’ business projects that can be considered as industrial or related activity, or developing an economic activity of any kind, it has differentiated potential value added, economic or social, incentivising these through the promotion of productive investment, the development of R&D projects, innovation - protection of industrial property and the development of strategic consulting projects for competitive improvement and growth. Regarding the content and themes of grant requests, the scheme is specifically aimed at boosting Industry 4.0 in Aragon, as well as at the promotion of added value initiatives of SMEs, prioritising those projects that introduce innovative aspects, expansion of markets, increase of productivity and competitiveness or modernisation of production, logistics and commercial means. Special relevance is given to projects that are integrated and complementary with other instruments and measures promoted by areas of competence in terms of industry and SMEs of the different Public Administrations and, in a prominent way, those derived from the companies participating in the PAED council program (Home Based Business Support Program) and the state initiative Connected Industry 4.0, as well as those that align with the principles and industrial strategy guidelines agreed in the Board of Directors and Industry of Aragon.

Grants from Aragon’s Institute of Development (IAF)

Promotion and financing unit, grant schemes:

 

Entrepreneurship unit

GRANTS FROM THE SUSTAINABLE RURAL DEVELOPMENT DEPARTMENT

 

 

Tourism grants

Promotion, Planning and Tourist Studies service:

 

Financial help

  • Aragon Exterior: Promotion and support for the internationalization processes of Aragonese companies
    • Market studies, prospection, contacts, sectoral promotion
    • Arex Network Program International network of Aragonese companies or companies linked to Aragon
    • TeDex program: hiring technicians in Aragón or in the country of destination
    • Telephone interpretation service
    • Advice on international tenders
    • Support for participation in international R & D & I projects
    • Specialised support for SMEs to participate in the SME Instrument call for the Horizon 2020 Program
    • Website: aragonexterior.es

 

  • Society for the Industrial Development of Aragon (Sodiar)

SODIAR is the Society for Industrial Development of Aragon It is an instrument of the Department of Economy, Industry and Employment of the Government of Aragon designed to boost business activity, participating in initiatives that provide investment and generate employment in Aragon. Among the services offered to companies are:

  • Equity interest:
    • Minority: between 5% and 20%
    • Temporary: normally 5 years.
    • Signature of partners.
    • Promise to repurchase by partners.
  • Equity loans
    • Depreciation: 5 years with 1 interest only.
    • Interest: fixed tranche and variable tranche (depending on results)

Website: https://www.sodiar.es/

  • Avalia

Avalia is a financial institution dedicated to the granting of endorsements whose purpose is to provide SMEs and Freelancers with access to financing under the best conditions, as well as granting guarantees to the Administration and to third parties, and all this supplemented by the provision of the corresponding financial advice.