The SPIRIT Slovenia Public Agency has reissued the Public Call for Promoting Large Investments aimed at increasing productivity and competitiveness in Slovenia, within the framework of the Recovery and Resilience Plan. This announcement was made in the Official Gazette No. 69/2024 and on the agency’s website. The call was previously withdrawn due to necessary revisions and changes required by the European Commission.
The purpose of this call is to encourage companies to make sustainable investments in advanced technology and business automation. A total of €11.6 million in funding is available. Applications are open until September 11, 2024, at 12:00 PM.
What are the updates and revisions?
The new call includes specific conditions for investments. These amendments were required by the European Commission’s requirements, particularly concerning environmental standards. These changes are clearly highlighted on the call’s website for easier review.
The objective of the Call
The objective of this call is to increase the productivity and long-term competitiveness of companies by incorporating sustainability, decarbonization, and digitalization into their operations. The call aims to raise the added value of products and services in Slovenian exports and to improve the integration of Slovenian companies into global value chains. Other goals include preserving high-added-value jobs, strengthening global and local value chains, and ensuring a balanced regional distribution of investments.
The call is intended to co-finance investments in capital assets that will contribute to higher added value per employee, environmentally responsible practices, greater energy and material efficiency, and job retention.
Companies can apply for subsidies for investments valued at:
- €1 to €12 million in the manufacturing sector,
- €0.5 to €3 million in the service sector,
- €0.5 to €2 million in research and development activities.
In all cases, at least 50% of the investment value must be allocated to the purchase of machinery and equipment.
The total available funds for this call amount to €11,603,791. The level of co-financing depends on the size of the company, the location of the investment, and the type of state aid applied by the call’s conditions.
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