SME Investment Growth Premium already exhausted

Before the New Year we discussed this SME support reported (see KI 12/16) - now she is already exhaustedThe SME Investment Growth Premium as well as the similarly designed Investment growth subsidy for large companies or large enterprises (see also KI 04/17) are classified as Support measures for existing companies designed. The SME Investment Growth Incentive promotes New investments in non-expendable fixed assets and then takes action when the requested Investment costs At least for small and medium-sized companies about 50,000 EUR and for medium-sized companies at least about 100,000 EUR are higher when the value of average the acquisition and production costs newly incurred for the depreciable fixed assets of last three fiscal years. The premium is for „Small and medium-sized businesses“for an investment increase between 50,000 EUR and 450,000 EUR up to 15% and thus a maximum of 67,500 EUR.„medium-sized companies“and an investment increase between 100,000 EUR and 750,000 EUR, the premium is up to 10% and thus a maximum of 75,000 EUR.

According to information from the responsible Amazon Web Services (Austria Wirtschaftsservice) were able to support around 1,900 companies with investment incentives for SMEs amounting to 1.6 billion euros. Unlike the investment growth incentive for large companies, the Medium for the SME Investment Growth Premium already exhausted. Off 1.1.2018 are to be again Funding amounting to 87.5 million EUR are available. It should be noted that compared to the original version of the grant (in the future), Also all the „Freelance professions“ can be funded. The circle of non-subsidized industries was also added expanded (banks and insurance companies are excluded, for example). We will inform you in due time about any further developments or the „relaunch“ of the SME Investment Growth Bonus.

Image: © Klaus Eppele - Fotolia