RESTART + FAIIP DANA

This mechanism seeks to restore the local economy of the areas affected by depression Isolated at high levels (DANA) in different municipalities which took place from 28 october and on 4 november 2024, by supporting new industrial projects of investment. The mechanism provides for the granting of loans for investment of assets related to the creation of new facilities, expansion of existing establishments, diversification of production, transformation of the global process of production, acquisition of assets belonging to an establishment which has shut down or closed if there had been acquired.

Who is it directed?

Industrial enterprises of municipalities affected by the DANA, defined in theannex to the RD law 06/2024, or those that go to making further industrial investment in this area.

What is the economic strength?

The Plan Restart + FAIIP DANA is endowed with €650 million.

Type of aid

Loans for a period of up to ten years, an interest rate of zero per cent and with periods of lack of up to three years.

Applications

The aid is being sought throughSEPIDES

With the following link:RESET + mechanism FAIIP DANA – Sepides E.P.E.

Further information,

Link to PDF brochure made support for industrial enterprises

Re-aid DANA