How to use the “Repayable advance for SMEs” scheme
Listed aim: to support SMEs in the Communauté d’Agglomération Concarneau Cornouaille. Beneficiaries indicated in the catalogue: SMEs as defined by the European definition in force: in existence for more than 3 years; with a craft, industrial or service activity, or one linked to processing agricultural or fishery products. Amount or form of aid indicated: Expenditure on property investment: a grant of 10% of eligible expenditure, up to €200,000; expenditure on tangible or intangible investment: a grant of 20% of eligible expenditure, up to €50,000. The beneficiary will be supported by an expert committee. 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 “Repayable advance for SMEs” scheme aims to support SMEs in the Communauté d’Agglomération Concarneau Cornouaille. The catalogue information gives initial indications, but it is not enough on its own to confirm that the scheme is currently open or that all the conditions are up to date. Before committing expenditure or applying, check the applicable rules with the competent body.
Funded by CA Concarneau Cornouaille
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Who can apply
The catalogue mentions: SMEs as defined by the European definition in force: in existence for more than 3 years; with a craft, industrial or service activity, or one linked to processing agricultural or fishery products.
Eligibility conditions
Conditions currently recorded in the catalogue: The applicant must provide a forecast financing plan for its investment and a 3-year activity forecast certified by a chartered accountant.
What the scheme covers
Operations or expenditure mentioned: A property, tangible or intangible investment project. In the case of a takeover, the opinion of the local Initiative platform (PIL) will be sought.
Amount and funding terms
The catalogue indicates: Expenditure on property investment: a grant of 10% of eligible expenditure, up to €200,000; expenditure on tangible or intangible investment: a grant of 20% of eligible expenditure, up to €50,000. The beneficiary will be supported by an expert committee. 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
1. Identify the reviewing body and obtain the version of the rules in force. 2. Confirm the eligibility of the business and the project. 3. Have the expenditure and the eligibility date validated before signing quotes or starting. 4. Prepare the supporting documents requested by the operator. 5. Keep written proof of the conditions applicable at the date of application.
Timeline
Timetable not confirmed. Do not consider the aid open without written confirmation from the operator; check the application dates, whether funds have run out and any new rounds.
Key facts
- Funder
- CA Concarneau Cornouaille
- Type of funding
- Repayable advance
- Status
- Ongoing
- Maximum amount
- €200,000
- Automatically extracted — check the official source
- Funding rate
- 20%
- Automatically extracted — check the official source
- Geographic scope
- Not specified
Frequently asked questions
What is the “Repayable advance for SMEs” scheme for?
The catalogue presents it as aiming to support SMEs in the Communauté d’Agglomération Concarneau Cornouaille. The exact scope should be confirmed in the official documentation in force.
Who can apply for the “Repayable advance for SMEs”?
The catalogue mentions: SMEs as defined by the European definition in force: in existence for more than 3 years; with a craft, industrial or service activity, or one linked to processing agricultural or fishery products. Eligibility also depends on the territory, size, sector and situation of the business under the current rules.
How much can be obtained with the “Repayable advance for SMEs”?
Expenditure on property investment: a grant of 10% of eligible expenditure, up to €200,000; expenditure on tangible or intangible investment: a grant of 20% of eligible expenditure, up to €50,000. The beneficiary will be supported by an expert committee. 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 granted, the base and the caps should be validated with the reviewing body.
Is the “Repayable advance for SMEs” scheme still open?
The current status and the availability of funds are not confirmed by this page. Contact the operator and check the official dates before considering the scheme available.
Official source
No official URL is available in our data for this grant.
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