JEI For Innovative START-UPS

Program created to support innovative young businesses. Funding can go up to € 200,000 over three rolling years thanks to the Finance Act of 2003, December 30th prolonged to 2019, December 31st.

Eligibility criteria are:

• SMEs in the EU sense (CE No 800/2008
• Company set-up less than 8 years prior to filing
• Minimum research expenditures 15% of capital according to terms of capital ownership
• Legitimate innovative characteristics of the activity

Specific benefits are:

• Tax relief (first year tax exemption, 50% second year), for the CFE, EPCI (upon request)
• Exemption of employer’s Social Security contributions costs for personnel assigned to research operations