Action "Support for investments in construction or reconstruction of production facilities and infrastructure”.
WHO CAN APPLY:
- Business registered in Latvia, foundation or port authority. It’s activities are related to real estate development for manufacturing needs and leasing of such properties or it is micro, small, medium-sized enterprise and its core business is in manufacturing sector;
ELIGIBLE ACTIONS AND COSTS
- Construction of industrial production facilities for manufacturing enterprises needs, conversion or restoration costs for such facilities;
- Construction or reconstruction of water supply, heat supply, sewage, waste water collection and drainage infrastructure, construction or reconstruction of underground communications infrastructure, gas, electricity, construction or reconstruction of communication wiring infrastructure, as well as construction and reconstruction of access roads, internal roads and areas necessary for needs of intended industrial manufacturing building set out in project;
- Value added tax form projects eligible costs, if the project applicant can’t recover VAT in accordance with laws and regulations of taxation;
- Preparation costs for project application supporting documents (feasibility study, planning and architectural tasks, construction project in technical project or sketch design stage), construction supervision and author supervision costs associated with the long term investments of project, together not exceeding more than 10% of total eligible project costs, as well as a maximum of 10% of works contract amount.
Equipment purchase and installation costs are not eligible.
CONDITIONS AND CRITERIA:
- Location of project implementation within the meaning of these provisions is a relevant functional zoning, where construction of industrial production facilities is allowed and where project applicant is constructing, refurbishing or renewing this industrial building and where after construction, reconstruction or renovation completion will be used for manufacturing sector activities or rented for these activities to a micro, small or medium-sized enterprise.
- Under this action project will be supported in all Latvian territory, with the exception of Riga.
- Project applicant has property or possessory rights or long-term lease rights for real estate, including land, where investments will be made. Possessory rights have been granted under the Law on Ports or the projects applicant activity regulating regulations of Special Economic Zones. Property rights is certified by the Land Register entry or registered in Land Register project applicants purchase agreement with Wait rights, but for long-term lease rights – project applicants registered lease rights in Land Register – at least 10 years after project completion.
- In production facilities or premises which the project has intended to rebuild or restore for the last two years before submitting of the project application has not carried out economical activities in manufacturing.
- For every 41 000 EUR required from EU funds work place should be created (full-time for at least three years) and during that time it is ensured that the workers pay is equal or greater than the average pay in corresponding sector in previous calendar years first three quarters.
SUPPORT FOR ACTIVITIES IS GIVEN IN GRANT FORM.
MAXIMAL EU FUNDING PER PROJECT – 1 166 000 EUR.
Maximal allowed support intensity of the project total eligible costs:
- large enterprises– 35%;
- micro, small and medium-sized enterprises – 45%.
Project submission deadline: from June 3rd till August 3rd 2016