Business property investment aid: who can benefit and how to prepare your application
This page presents the aim of the scheme, the operations listed and the points to watch before applying. Aim: to give the Communauté d’agglomération Seine-Eure a property and land aid offer for businesses wishing to set up or grow in its territory. The conditions, scale and timetable should be confirmed with the funder before committing expenditure.
The “Business property investment aid” aid aims to give the Communauté d’agglomération Seine-Eure a property and land aid offer for businesses wishing to set up or grow in its territory. Before building your financing plan, check your business’s eligibility, the nature of the expenditure accepted and the application rules. The amounts presented below come from the catalogue and should be compared with the rules currently applicable.
Funded by CA Seine-Eure
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Who can apply
ELIGIBLE BUSINESSES: In regional aid (AFR) zones: SMEs as defined by the European definition in force, being created, developing or being transferred, registered in the RNE or with URSSAF (liberal professions) and with legal personality; mid-sized and large companies, new or existing, for an extension or diversification through initial investment in a new economic activity with a change of NACE2 code. In SME zones: SMEs as defined by the European definition in force; potentially mid-sized and large companies under the de minimis regulation. AID BENEFICIARIES: the property investment aid may be allocated either: to the aided business when it contributes at least 25% of eligible costs through self-financing or a bank loan; to leasing companies granting a property lease either directly to the aided business or through a property holding company, which pass the aid on to the aided business as an equivalent rent reduction; to property holding companies or semi-public companies that build on behalf of the aided business and pass the aid on as an equivalent rent reduction — property holding companies, which may be SCIs, property companies, SASs or SARLs, holdings or not, must be linked to the aided business within the meaning of the EU definition and form a single economic entity. ELIGIBLE FIELDS: all economic activities with at least 50% of turnover generated with professionals (B2B), and tourism activities. Excluded by regulation: fisheries and aquaculture; steel; coal; synthetic fibres; transport and related infrastructure; energy production and distribution; energy infrastructure. Creating and renovating workshops processing products from a farm are excluded when this activity is carried out within the same legal framework as the agricultural production activity.
Eligibility conditions
Applicant businesses must: have a sound financial situation; be up to date with their tax and social security obligations and all the regulations applicable to them; demonstrate their capacity to carry out the project given the public support requested. Investment must exceed €600,000 excluding VAT.
What the scheme covers
Land, except land in business parks whose development received financial support from the Communauté d’agglomération Seine-Eure; roads and utilities works within the plot; construction or extension works (these projects must comply with the energy regulations in force when the application is submitted); purchase of an existing building, for SMEs only; landscaping; fees for the technical aspects of the project (project manager, engineering firm); purchase of property assets when a business is bought out of court proceedings or on the manager’s retirement — only the cost of buying the assets from a third party unrelated to the buyer is taken into account. Not eligible: lease-back operations; property acquisition costs (notary, surveyor); photovoltaic panels; taxes; works carried out by the aided business or a linked business within the meaning of the SME definition; investment not linked to the property operation.
Amount and funding terms
Aid: as a grant or a 7-year zero-rate loan without guarantee, with a 2-year repayment deferral; capped at €200,000; up to 10% of eligible expenditure; no higher than the amount of equity (the business may be asked to commit to increasing its share capital at least to the level of the grant). The calculation of this aid, which may be combined with similar aid from AD Normandie, the Normandy Region, the State (regional development grant, PAT) and/or the European Union (ERDF), will be subject to compliance with the national and European regulations in force. This scheme is granted in compliance with the European de minimis regime, which limits the total public aid granted per business to €200,000 over 3 consecutive financial years.
How to apply
Ask the funder for the up-to-date rules and application form. Check whether the application must be submitted before any order, signature or start of works.
Timeline
No reliable deadline is given in the fields consulted. Check with the funder whether the scheme is open, the deadline and whether funds are available.
Key facts
- Funder
- CA Seine-Eure
- Type of funding
- Grant
- Status
- Ongoing
- Maximum amount
- €200,000
- Automatically extracted — check the official source
- Funding rate
- 10%
- Automatically extracted — check the official source
- Geographic scope
- Not specified
Frequently asked questions
What type of business can benefit from this aid?
This page targets the following profiles: ELIGIBLE BUSINESSES: In regional aid (AFR) zones: SMEs as defined by the European definition in force, being created, developing or being transferred, registered in the RNE or with URSSAF (liberal professions) and with legal personality; mid-sized and large companies, new or existing, for an extension or diversification through initial investment in a new economic activity with a change of NACE2 code. In SME zones: SMEs as defined by the European definition in force; potentially mid-sized and large companies under the de minimis regulation. AID BENEFICIARIES: the property investment aid may be allocated either: to the aided business when it contributes at least 25% of eligible costs through self-financing or a bank loan; to leasing companies granting a property lease either directly to the aided business or through a property holding company, which pass the aid on to the aided business as an equivalent rent reduction; to property holding companies or semi-public companies that build on behalf of the aided business and pass the aid on as an equivalent rent reduction — property holding companies, which may be SCIs, property companies, SASs or SARLs, holdings or not, must be linked to the aided business within the meaning of the EU definition and form a single economic entity. ELIGIBLE FIELDS: all economic activities with at least 50% of turnover generated with professionals (B2B), and tourism activities. Excluded by regulation: fisheries and aquaculture; steel; coal; synthetic fibres; transport and related infrastructure; energy production and distribution; energy infrastructure. Creating and renovating workshops processing products from a farm are excluded when this activity is carried out within the same legal framework as the agricultural production activity. The geographical scope, activity and status of the business should be checked against the local rules before applying.
Which investments are eligible?
The operations described in the catalogue are: Land, except land in business parks whose development received financial support from the Communauté d’agglomération Seine-Eure; roads and utilities works within the plot; construction or extension works (these projects must comply with the energy regulations in force when the application is submitted); purchase of an existing building, for SMEs only; landscaping; fees for the technical aspects of the project (project manager, engineering firm); purchase of property assets when a business is bought out of court proceedings or on the manager’s retirement — only the cost of buying the assets from a third party unrelated to the buyer is taken into account. Not eligible: lease-back operations; property acquisition costs (notary, surveyor); photovoltaic panels; taxes; works carried out by the aided business or a linked business within the meaning of the SME definition; investment not linked to the property operation. The expenditure accepted must match the funder’s rules; keep the quotes and have the eligible base confirmed before signing.
What amount can be awarded?
The catalogue indicates: Aid: as a grant or a 7-year zero-rate loan without guarantee, with a 2-year repayment deferral; capped at €200,000; up to 10% of eligible expenditure; no higher than the amount of equity (the business may be asked to commit to increasing its share capital at least to the level of the grant). The calculation of this aid, which may be combined with similar aid from AD Normandie, the Normandy Region, the State (regional development grant, PAT) and/or the European Union (ERDF), will be subject to compliance with the national and European regulations in force. This scheme is granted in compliance with the European de minimis regime, which limits the total public aid granted per business to €200,000 over 3 consecutive financial years. The amount actually awarded depends on the expenditure accepted, the applicable cap, the review of the application and the budget available.
When should the application be submitted?
The application conditions to check are: ask the funder for the up-to-date rules and application form. Check whether the application must be submitted before any order, signature or start of works. Do not commit expenditure before having the applicable rules confirmed.
Official source
No official URL is available in our data for this grant.
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