Business takeover aid
Business takeover aid concerns the following: Support business buyers, maintain jobs and create jobs. Beneficiaries indicated: craft, retail and service businesses at the takeover stage, applying within six months of the takeover, registered in the RNE, with fewer than 10 full-time equivalents and independent. The amount and terms below come from the catalogue and should be compared with the current official rules.
Business takeover aid: support business buyers, maintain jobs and create jobs. The catalogue classifies it as territorial aid. The access conditions, eligible expenditure and availability should be confirmed with the funder before any commitment.
Funded by CC Somme Sud-Ouest
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Who can apply
Craft, retail and service businesses at the takeover stage, submitting their application within six months of the takeover and with the following characteristics: in the form of a capital company or sole proprietorship; registered in the RNE; with fewer than 10 full-time equivalents; whose manager does not hold a management mandate in another company; whose share capital is not 50% or more held by one or more companies. Not eligible: businesses in difficulty; industrial, innovative or high-value-added service businesses; sectors of activity excluded from the scope of this operation; regulated or similar professions; financial and property activities; training organisations; fishing and aquaculture; road haulage; primary agriculture.
Eligibility conditions
The application must present investment of between €2,500 and €30,000. The application must be prepared within the year of the takeover.
What the scheme covers
Investment in new production equipment and new office and IT equipment (excluding financing by leasing and similar arrangements); equipment and furniture for shops, hotels, cafés, restaurants and reception rooms, as well as construction safety equipment; fit-out expenditure needed to install production equipment; financing of electric (not combustion-engine) commercial vehicles; fit-out needed to use electric vehicles; energy-saving fit-out (photovoltaic panels, heat pumps, etc.)
Amount and funding terms
A grant of 15% of eligible expenditure, except for electric vehicles, for which the rate is 5%, capped at €4,500. After the aid is awarded, the business cannot receive new aid from the communauté de communes for 3 years. The caps and eligible base should be confirmed with the funder before taking any steps.
How to apply
Obtain the official form and the up-to-date list of supporting documents from the funder. Check whether the application must be submitted before committing any expenditure.
Timeline
No usable deadline is confirmed on this page. Check the current timetable, any sessions and whether the scheme is open with the funder.
Key facts
- Funder
- CC Somme Sud-Ouest
- Type of funding
- Grant
- Status
- Ongoing
- Maximum amount
- €9,000
- Automatically extracted — check the official source
- Funding rate
- 15%
- Automatically extracted — check the official source
- Geographic scope
- Not specified
Frequently asked questions
Who can benefit from “Business takeover aid”?
This page targets the following profiles: craft, retail and service businesses at the takeover stage, submitting their application within six months of the takeover and with the following characteristics: in the form of a capital company or sole proprietorship; registered in the RNE; with fewer than 10 full-time equivalents; whose manager does not hold a management mandate in another company; whose share capital is not 50% or more held by one or more companies. Not eligible: businesses in difficulty; industrial, innovative or high-value-added service businesses; sectors of activity excluded from the scope of this operation; regulated or similar professions; financial and property activities; training organisations; fishing and aquaculture; road haulage; primary agriculture. The exact criteria and exclusions should be compared with the funder’s rules before treating the business as eligible.
Which investment or takeover costs can be accepted?
This page mentions: investment in new production equipment and new office and IT equipment (excluding financing by leasing and similar arrangements); equipment and furniture for shops, hotels, cafés, restaurants and reception rooms, as well as construction safety equipment; fit-out expenditure needed to install production equipment; financing of electric (not combustion-engine) commercial vehicles; fit-out needed to use electric vehicles; energy-saving fit-out (photovoltaic panels, heat pumps, etc.) Coverage of goodwill, consultancy fees, stock or cash needs should not be assumed unless the rules explicitly provide for them.
What amount can be requested, and in what form?
The information currently on this page indicates: a grant of 15% of eligible expenditure, except for electric vehicles, for which the rate is 5%, capped at €4,500. After the aid is awarded, the business cannot receive new aid from the communauté de communes for 3 years. Confirm whether the support is a grant, a repayable advance or a loan, as well as the combination rules and the eligible base.
When should the takeover procedures be started?
No verified application link is given on this page. Contact the funder to obtain the up-to-date form and list of supporting documents. For a takeover, check carefully whether the application must be submitted before signing, within a period after the takeover or before any expenditure starts.
Official source
No official URL is available in our data for this grant.
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