Support Fund for Productive Industrial Investment (FAIIP)
The Productive Industrial Investment Support Fund (FAIIP) has the purpose of providing returnable financial support to promote industrial investments that contribute to promoting the development and competitiveness.
Description
The FAIIP, endowed with 1,800 million euros for investment, finances private commercial companies and cooperatives that develop or are going to develop a productive industrial activity and industrial services, regardless of size, supporting actions aimed at environmental sustainability.
Among the types of projects financed by the FAIIP, it is worth highlighting:
- Creation of industrial establishments, financing the start of new productive industrial activities.
- Transfer of industrial establishment, financing actions aimed at changing location to any point in the national territory.
- Improvements and/or modifications of production lines and processes, financing actions that allow the modernization of existing production lines and processes.
- Connected industry 4.0 and environmental sustainability, supporting projects that promote digital transformation, technological development and process innovation to boost the competitiveness of the industrial sector.
Application deadline
Geographical scope
Types of assistance
Benefit
The amount to be granted will be up to 75% of the bankable budget of the project, with an amount of operations between 200,000 and 60 million euros.
Calling entity
Topic
Beneficiaries
Requirements
It will be understood that the applicant develops or is going to develop a productive industrial activity and industrial services if the project for which financing is requested falls into any of the following activities:
- Production activities on an industrial scale framed in section C – Divisions 10 to 32 of the National Classification of Economic Activities (CNAE 2009), approved by Royal Decree 475/2007, of April 13.
- Recovery activities on an industrial scale framed in section 38.3x of the CNAE 2009, provided that they have the corresponding waste management authorization at the time of application, and the project to be carried out is classified as belonging to recovery operations: R2, R3, R4, R5 (excluding floor cleaning), R6, R7, R8, R9, R11 and R12 (excluding disassembly, sorting, drying, conditioning, repackaging , combining or mixture), according to definitions established in Annex II of Law 22/2011, of July 28, on waste and contaminated soils.
- Activities complementary to industrial production. It will be understood that these are complementary activities to industrial production, if they are carried out mainly as support services to manufacturing companies (included in CNAE 10 to 32) in their industrial production processes.
- Industry service activities:
- Industrial design: engineering and design activities of machinery, materials, processes and industrial plants, framed in CNAE 71.12
- Technical tests and analyzes framed in CNAE 71.20, as long as such services are provided mainly to the manufacturing industry.