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create new program to finance projects of up to $25 million

create new program to finance projects of up to $25 million

It did so through Resolution 308/2022 published today in the Official Gazette, which specified that the improvement in production and competitiveness must be through the development, implementation or adoption of innovative solutions, products and services generated by the sectors of the knowledge economy.

In addition, the regulations approved the Program Operating Regulationswhich will define the general procedures that will govern its execution and administration.

Likewise, legal entities interested in participating in Soluciona II were invited to formalize their presentations starting tomorrow and until the day next June 10.

On the other hand, the Secretary of Industry was designated as the authority for application of the Program, being empowered to dictate the complementary and explanatory regulations necessary for its implementation, as well as to modify the operating regulations.

The maximum amount to be financed per project through Non-Reimbursable Contributions (ANR) may not exceed $25 millionand the minimum requested may not be less than $5 million.

The amounts requested to be financed through ANR must represent a maximum of 80% of the total value of the project, being necessary to contribute, at least, 20% of the value of the project as a counterpart, which must be contributed by the legal entity beneficiary of the project. subsidy.

Source: Ambito

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