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The financial aid scheme for SMEs aims to promote the creation, takeover, development, conversion, modernisation and rationalisation of small and medium-sized businesses in the craft or commercial sector.
It also includes aid for SMEs who wish to use the consulting services of external specialists. The objective of this aid is to encourage investments designed to enhance quality (quality assurance, quality management, certification according to international quality standards).
Applications for financial aid are to be submitted to the General Directorate for SMEs and Entrepreneurship at the Ministry of the Economy.
Carry out your procedure:
By downloading a formAide en faveur des classes moyennes
This aid is intended forsmall and medium-sized businesses (SME) in the craft and commercial sector with a business permit granted by the General Directorate for SMEs and Entrepreneurship (Direction générale PME et Entrepreneuriat) to pay for the occasional services provided by external consultants for one-off projects.
These services must relate to tasks other than recurring day-to-day management tasks and require technical or scientific knowledge or know-how for which the business does not have the necessary material or human resources.
Its application is extended to engineers and architects during their first 3 years of business (as of the date of their first Luxembourg or foreign business permit).
However, businesses carrying out certain specific activities are not eligible for the aid scheme.
To benefit from SME investment aid, the business must:
Aid must be requested, on pain of ineligibility, within a period of 2 years from the payment of the expenses for which aid is requested.
Submitting the application
Aid is paid out after completion of the investment programme and on presentation of the following supporting documents:
- invoices and proof of payments (e.g. bank statements);
- the dossier, report or results of the consultancy mission of the service provider.
Amount of aid
Aid can be provided in the form of a capital grant or interest relief and may amount to a maximum of 50 % of an SME's eligible investments in external consultancy services, subject to a limit of EUR 100,000.
The amount of aid may be lower than 50 % depending on the type of service (e.g.: certifications are subsidised up to 30 % only).
In principle grants are paid in a lump sum, after completion of the investment programme. However, payments in one or more tranches may be granted in specific cases as the project progresses, in particular where the beneficiary resorts to financing by leasing.
Investment aid for craft or commercial SMEs may be combined with a loan from the national credit and investment institution, SNCI, provided that the total rate of financial aid does not exceed the stated maximum limits.
SME investment aid may not be obtained in addition to other aid granted by the Ministry of the Economy.
Beneficiaries must reimburse all or part of the aid received if they transfer or dispose of the investment financed with said aid within 10 years following the investment.