Regional Incentive Aid for the correction of inter-territorial economic imbalances. TELEMATIC PROCESSING OF REGIONAL INCENTIVE AID IN THE REGION OF VALENCIA

Vicepresidencia Segunda y Conselleria de Presidencia

Code SIA: 2322111
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Code GVA: 20825
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Open application period

From 01-01-2022

Until 31-12-2027

  • What you need to know
  • What is
  • Who is it addressed to
  • How to process
  • Processing
  • Request
  • Subsanation
  • Resolution
  • Justification
  • Other procedures
  • Withdrawal
  • Resignation
  • Raised Appeal
  • Help
  • Frequent questions
  • Related topics
  • Links of interest

What is

What is it and what is it for

Regional Incentives are the financial aid granted by the General State Administration to productive investment to promote business activity, orienting its location towards previously determined areas. They consist of non-refundable grants and are intended to alleviate inter-territorial imbalances.

The Valencian Community collaborates with the Ministry of Finance through the Regional Ministry of Finance, Economy and Public Administration.

The Regional Incentives line is co-financed by the European Regional Development Fund (ERDF) under the Multi-regional Operational Programme for Spain 2021-2027.

All projects that benefit from this aid are required to comply with European Union legislation, as well as to collaborate with the public administrations involved.

 

 

Terms
RequestOpen term
From 01-01-2022 until 31-12-2027
SubsanationOpen term
JustificationOpen term
Raised AppealOpen term
Observations

PROMOTABLE SECTORS:

 

For the purposes provided in article 7, of the Royal Decree 166/2008, of February 8, the following will be eligible sectors:

• Processing industries and production support services that, respecting the sectoral criteria established by the competent bodies, include advanced technology, pay special attention to environmental improvements and entail a significant improvement in the quality or innovation of the process or product and, especially , those that favor the introduction of new technologies and the provision of services in the information and communication technologies subsectors and those that significantly improve commercial structures.

• Tourist establishments and complementary leisure facilities that, respecting the sectoral criteria established by the competent bodies, have an innovative character especially with regard to environmental improvements and that significantly improve the endogenous potential of the area.

 

TYPE OF INCENTIVIZED PROJECTS: Projects for the creation of new establishments, expansion of an already established activity or the initiation of a new one by the applicant company, as well as the modernization of the facilities, are eligible for promotion, provided that it is not a mere replacement investment.

 

ELIGIBLE INVESTMENTS:

The investment concepts that may be incentivized will be new or first-use fixed assets, referring to the following investment elements:

• Civil work.

• Capital Goods, excluding elements of external transport.

• In the case of small and medium-sized companies, up to 50 percent of the costs derived from the preliminary studies of the project, which may include: planning work, project engineering and optional project management.

• Intangible assets, as long as they do not exceed 30 percent of the total incentive investment, are used exclusively in the center where the project is carried out, are inventories, amortizable and are acquired under market conditions from third parties not related to the buyer .

• Other items, exceptionally.

 

Who is it addressed to

Companies
Interested people

• Companies making investments in the Valencian Community in sectors considered eligible for promotion.

• In case of large companies, aid may only be granted for initial investments that attract new activities, or for the diversification of existing establishments in new products or new innovative processes.

 

MEASURES FOR PROJECTS LOCATED IN THE LOCALITIES AFFECTED BY THE OCTOBER 2024 DANA.

In order to boost business investment in localities affected by the Isolated Depression at High Levels (DANA) of October 2024, those projects located in the localities listed in the annex to Royal Decree-Law 6/2024, of November 5, and favorably qualified until December 31, 2027, will be granted an additional bonus of five percentage points on the percentage resulting from their qualification, without this bonus being able to exceed the maximum aid limit for the area established by the European Commission.

Requirements

• The approved investment must be equal to or greater than € 900,000.00.

• The projects must meet, among others, the conditions of not starting the investment before submitting the application, the aid must have an incentive effect, have a minimum self-financing of 25%, have a minimum level of own funds that It will be established in the individual concession resolution and deemed technically, economically and financially viable

 

How to process

Processing process

The General Directorate of European Funds and Public Sector of the Valencian Community has developed a computer application (INREGCV) to facilitate the presentation of Regional Incentive Aid Files.

 

 

Assessment criteria

Once the application has been submitted with the required documentation, the General Directorate of European Funds and the Public Sector of the Ministry of Finance and Economy and the General Directorate of European Funds of the Ministry will review and process the grants, which will assess and decide on the grants.

Observations

The General Directorate of European Funds and the Public Sector of the Valencian Community has developed a software application (INREGCV) to facilitate the submission of applications for Regional Incentive Grants. Authentication is required, and digitally signed documents are accepted. All...

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Processing bodies
PROCESSING BODIES The processing of Regional Incentive Aid will be carried out by: a) The Regional Incentives section of the General Directorate of European Funds and Public Sector of the Ministry of Finance, Economy and Public Administration of the Generalitat Valenciana. b) The General...
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Collaborating certification entities

Request

Term
From 01-01-2022 until 31-12-2027

Until 31 December 2027 (R.D. 618/2022, of 26 July, amending R.D. 166/2008, of 8 February).

Documentation

Through the application you can submit the application for Regional Incentives for the correction of inter-territorial economic imbalances along with the documentation that must be associated with it. Associated forms

 

 

 

Form of presentation
Telematics

Processing will be carried out telematically using the INREGCV computer application. This application (INREGCV) allows the following operations to be carried out telematically: - Start the application for Regional Incentives for the correction of inter-territorial economic imbalances. -...

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Subsanation

Term
Open term
Description

Through this procedure, you can request a correction to the report. To do so, click the "Other procedures" button and, from the submission and signature page, select the procedure: "Request for amendment to the report." Next, click the "Browse" button to select the document you want to submit. For the selected document, you must indicate the type of document attached, as well as a brief description of its content.

Resolution

Amount and charge

MODALITY: non-refundable grant expressed as a percentage of the costs considered eligible.

 

AMOUNT:

• Up to a maximum of 15% of the approved investment for large companies, 25% for medium-sized companies and 35% for small companies.

• The percentage of subsidy will be related to the total amount of the investment accepted, the number of jobs created and the type of project in question (creation, expansion or modernization).

• The incorporation of advanced technology into the project, the rate of added value or the increase in productivity, the dynamic nature of the project and the use of natural resources in the area will be especially valued.

• In the areas defined as priority, the percentage of subsidy that would correspond to the project for the application of the previous criteria, will be increased by 20 percent, always respecting the maximum limit established.

• In the case of projects with an approved investment of more than 50 million euros, this maximum percentage will be set in accordance with the provisions for large investment projects in the Guidelines on regional state aid for 2022-2027 (DAR 2021/C153/01).

 

Observations

RESOLUTION BODIES:

The resolution granting regional incentives is issued by the Ministry responsible for European Funds and will be published in the Official State bulletin.

 

The granting of regional incentives will be made by:

a) The Government Delegate Commission for Economic Affairs.

b) The Ministry responsible for European funds.

 

CONTACTS:

CV Regional Incentives Section

Service of Analysis, Organization and Technical Support to Procedures of the Operative Programs General Directorate of European Funds and Public Sector

 

Plaza Nápoles y Sicilia, nº 10

46003 Valencia - SPAIN

Telephones: 961207772, 961207773, 961207793 and 961207787

Email: incentiveregionalscv@gva.es

 

 

Resolution bodies
The decision to grant regional incentives is issued by the Ministry of Finance and published in the Official State bulletin (BOE). RESOLUTION BODIES Regional incentives will be granted by: a) The Government's Delegated Commission for Economic Affairs b) The Ministry responsible for funding
Exhausts administrative life
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Justification

Term
Open term

The deadlines for submitting proof of compliance with the intermediate, final, and post-term conditions are the deadlines established in the resolution granting Regional Incentives.

Description

Grant recipients must submit, within the time limits established in the individual grant resolution, supporting documents proving compliance with both the intermediate and final conditions, as well as those following the end of the validity period (articles 33, 34 and 42 of the Regional Incentives Regulation, implementing Law 50/1985, of December 27, approved by Royal Decree 899/2007 of July 6, amended by Royal Decree 303/2015 of April 24).

Once the documentation has been submitted, the competent body of the Autonomous Community will analyze the supporting documents provided by the interested party and may request the necessary documentation and expert reports to clarify any issues it deems appropriate. If necessary, it will carry out a physical verification of the reality of the investment project and then issue a report on the degree of compliance with the conditions.

For more information, see the Regulations/Links section.

Withdrawal

Description

Applications for Regional Incentives may be withdrawn if they are not resolved.

You must select the file and click "Other procedures." Once inside, select the procedure "Withdrawal of aid application." Then, click the "Browse" button to attach the document indicating your intention to withdraw. For the selected document, you must indicate the type of document you are attaching, as well as a brief description of its contents.

Type of document attached.

Indicative description of the content of the document that must be completed.

Observations

See the link:

https://inregcv.gva.es/inregcv-frontend/inicio/documentacion

Raised Appeal

Term
Open term

Description

Indicative description of the content of the document that must be completed. An appeal may be filed with the Ministry responsible for Finance. You must select the file and click "Other Procedures". Once inside, select the "Appeal" procedure. Then, click the "Browse" button to select the appeal...

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Observations

See the link: https://inregcv.gva.es/inregcv-frontend/inicio/documentacion

Resignation

Description

The Regional Incentives application process may be waived once the grant has been awarded.

You must select the file and click "Other Procedures." Once inside, select the procedure "Grant Waiver." Then, click "Browse" to select the letter indicating your intention to waive the grant. For the selected document, you must indicate the type of document attached, as well as a brief description of its contents.

Type of document attached.

Indicative description of the content of the document that must be completed.

 

Observations

See the link:

https://inregcv.gva.es/inregcv-frontend/inicio/documentacion

 

Frequent questions

Doubts about telematic processing
Where to consult questions about the procedure:

Related topics

TOPICS

  • Companies
    • Financial aids and subsidies
      • Trade and internationalization
      • Industry
      • Research, innovation, development and technology
    • Tourism and leisure
      • Tourism promotion aids

SUBJECT

  • Territory and landscape. Town planning
    • Urban planning
  • Agriculture, livestock and fishing
    • Rural development
    • Agriculture
    • Agrifood industry
  • Economy and finance
    • Economic promotion
    • Economy
    • Financing
    • Tax authorities
  • Environment
  • Public administration
    • Research, studies and analysis

PROFILES

  • Company
    • Large company
    • Establishments
    • Cooperatives
    • Business centres
    • Small and medium
    • Professionals and self

SECTOR

  • Industry
    • Chemical and petrochemical industry
  • Energy
    • Energy production
    • Energy saving and efficiency
  • Construction and facilities
    • Working with the administration
    • Act as an installation company in the Valencian Community
    • Construction

SUBJECT

  • Financing and economic management
    • Aid and subsidies
    • Forms of funding
  • Competitiveness and social responsibility
    • Competitiveness and social responsibility
  • Internationalisation
    • International promotion
  • Innovation
  • Promotion and marketing
    • Promotion
    • Business opportunities

LIFE CYCLE

  • Growth and consolidation
  • Planning a business

TYPE

  • Aid, grants and subsidies