Supporting lines to investment in Castilla-La Mancha Javier Rosell

Castilla-La Mancha Enterprises General Director

Regional Minister of Economy, Enterprises and Employment

PLAN ADELANTE 2016-2019 Vs 2020-2023

Data of Plan 2016-19: Financial path: €260 M

Support and final financing: €314.4 M Regional incentives: €81.15M

Reindus: €23.02 M

Companies and independent contractors benefited: 21,766

Jobs created and maintained: 44,000

New Plan Adelante 2020-2023 forecast: Estimated financial path: €282 M

Companies and independent contractors benefited: 25,000

Jobs (created/maintained): 47,500

1. Entrepreneurship: Creation of new business projects and promoting self-employment.

2. Investments: Provide support to companies in their investment projects, consolidation and growth.

3. Innovation: Promote business innovation and new models of public-private collaboration

4. Commercialization: New business marketing channels, improve competitiveness and boost commerce and the artisan sector.

5. Internationalization: Assisting businesses in their internationalisation processes and promotion of Castilla-La Mancha as a priority destination for foreign investment.

6. Financing: Strengthening and consolidation of corporate financial instruments.

Plan Adelante Areas

Investments

• Support for the creation and consolidation of businesses • Investment projects with a cost between 5,000 and 900,000 euro in the industrial

product manufacturing sector in the region.

• Attracting of REINDUS funds • Castilla-La Mancha is going to strengthen the support provided to companies in the

region to attract financing for investment projects aimed at improving competitiveness.

• Support for own consumption of electricity, improve energy savings and efficiency and promote sustainable mobility and development of a regional associated infrastructure network .

• Support that favours efficiency in consumption as well as the production of clean energy.

• New Law for Priority Projects in Castilla-La Mancha.

Civil Work: connections of services, urbanisation, offices,

laboratories, warehouses, production or processing

buildings, etc.

Equipment Assets: Machinery, special electrical

installations, energy installations, interior transport,

measuring and control equipment, etc.

Preliminary studies of the project: Planning, project

engineering and project management.

SECTORS THAT QUALIFY FOR SUBSIDIES:

• Production and processing companies

• Tourism Sector

Incentives for projects involving the creation of new establishments, expansion and/or modernisation projects of

the installations totalling : € 900,000

Castilla-La Mancha is

one of the regions in Spain with a higher

percentage of aid

available to them.

INTENSITY OF THE AID AT CASTILLA-LA MANCHA:

Beginning 1 January 2017:

35%

Medium size

45%

Small size

25%

Large company

Regional Incentives

Law 05/2020 Priority Projects in Castilla-La Mancha.

• Objective • The law 5/2020 aims to create a preferential framework that will enable the

acceleration and simplification of the current administrative process in order to enable a faster implementation of projects considered as a priority for Castilla - La Mancha.

• Priority projects are considered the ones that either contribute in a special way to the reactivation of the economic activity in our region or fall under any of the strategic sectors pointed by the regional Government because of their special relevance for the economic, social and territorial growth of our region.

Law 05/2020 Priority Projects in Castilla-La Mancha.

• Benefits

Law 05/2020 Priority Projects in Castilla-La Mancha.

• Benefits

Law 05/2020 Priority Projects in Castilla-La Mancha.

• Benefits

Innovation

Aimed at providing support for CLM companies in all phases related with their stages of innovation.

• Launching of new R&D&I financial instruments.

• Aid for incorporating innovative solutions; between 25/35/45 % of the investment is subsidised. • Investments for improving products, processes or services for

investments up to €250,000.

• Creation of synergies between the technological requirements and capabilities of tier 1 companies and suppliers in the region. • Meeting point for different actors of the innovation, where they can

collaborate to focus and face global innovation challenges and seek solutions from a regional perspective.

Financing

The Finance Institute group, which falls under the Economy, Business and Employment Department, is responsible for developing the measures outlined in this area:

• Financing, among others, for projects entailing a strategic investment and which affect the business levers for development of Castilla-La Mancha.

• Reimbursable financing is provided via loans, guarantees or

equity interest, for creating growth and consolidating companies; primarily SMEs that invest or re-invest in Castilla-La Mancha with strategic projects for creating jobs and generating wealth.

CLM Business levers for development

• Lever 1

• Industrialisation: Promote Castilla-La Mancha as an epicentre of industrial activity.

• Lever 2

• Structuring of the territory: Favour keeping the population in place, thus generating new opportunities.

• Lever 3

• Digitalisation Promote the digital transformation of SMEs

• Lever 4

• Sustainable growth: Promote sustained economic growth that is inclusive and sustainable.

Supporting lines to investment in Castilla-La Mancha Javier Rosell, DG Enterprises

Thank you for your attention

Javier Rosell Pérez DG Enterprises

Consejería de Economía, Empresas y Empleo