JEI For Innovative START-UPS

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

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2018-07-05T16:46:10+00:00