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Companies of L. 3427/2005 (former L. 89/67) companies may be granted, cumulatively or alternatively, aid in the following categories:
a) Aid for the recruitment of disadvantaged and disabled workers
Eligible for support costs are the wage costs over a maximum period of twelve (12) months of the employee recruitment, who:
- had no regular paid work during the previous six (6) months, or
- has not completed two (2) years from completing full-time education and had no previous regular paid employment, or
- is over 50 years of age, or
- lives alone with the care of one or more members, or
- has been recognized as a disabled worker under national legislation.
Recruitment should serve the new activity and lead to an increase in the number of employees of the enterprise concerned in relation to the average of the 12 months.
The aid consists of a subsidy of wage costs by providing a sum of money to cover part of it and the aid rate is 50% of eligible expenses paid. The company may not receive for the same workers any other aid on the salary costs of the period of the first twelve (12) months from the recruitment of each.
The company may receive aid for up to 100 employees and gross earnings are eligible for aid expenditure, for a period of up to twelve (12) months from the hiring of each employee, and up to the amount corresponding to gross salary, maximum of 2,000 euros per month.
b) Aid for vocational training programs
The aid is granted for programs organized by the legal person for the training of staff in relation to the new activity. No aid shall be granted for training undertaken by companies to comply with the required national training standards.
The following costs of vocational training programs are eligible for aid, up to the total amount of 500,000 euros:
- staff costs of the trainers for the hours during which the trainers participate in vocational training,
- travel expenses of trainers and trainees,
- costs of purchasing materials and supplies directly related to the vocational training program,
- costs of consulting services in connection with the vocational training program,
- personnel costs of trainees and general indirect costs (administrative expenses, rents, overheads) for the hours during which trainees participate in vocational training.
The aid consists of subsidizing the costs of the training program by providing a sum of money to cover part of it and the aid rate is 50% of the eligible costs.
c) Support of wage costs and computer and communications systems installation costs
Expenses eligible for aid are:
- gross earnings paid to employees for a period of up to twelve (12) months from the hiring of each employee and up to the amount corresponding to gross salary of 2,000 euros a month.
- expenses for the purchase of hardware and software if they are installed and operate productively.
The aid intensity is up to fifty percent (50%) of the eligible costs.
The aid consists of a subsidy on wage costs and subsidize the cost of purchasing the hardware and software by providing funds to cover part of them and the aid rate is 50% of the eligible costs which may not exceed in total 400.000 €.
The aid granted in this category, summed with other aid granted by the State, cannot exceed two hundred thousand (200.000) euros over a period of three (3) financial years.
d) Aid for research and development projects
This category of aid is granted to companies falling within the scope of this Law for the purpose of providing research and development services. The aided part of the research and development project shall completely fall within one of the following categories as they are defined: industrial research, experimental development, feasibility studies.
The research and development expenditure eligible for aid relates to a specific category of research and development and is as follows:
- staff costs: researchers, technicians and other support staff if they are exclusively employed in the project,
- expenditure on buildings, instruments and equipment, if and for as long as they are used for the project. For buildings, instruments and equipment not used throughout their lifetime for the project, eligible are only depreciation costs corresponding to the duration of the project, which are calculated on the basis of generally accepted accounting principles,
- expenditure on contract research, as well as expenditure on consultancy services used exclusively for the project,
- additional overheads and other operating expenses, including costs of materials, supplies and related products, which are a direct result of the project, expenditure on carrying out feasibility studies.
The aid intensity of the eligible costs shall be up:
- to fifty percent (50%) for industrial research,
- twenty-five percent (25%) for experimental development and
- fifty percent (50%) for feasibility studies.