San Marino

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Funding

Eureka funding description:

Introduction

Law no. 19 of 27 January 2006 provides for subsidized credit as a major funding resource for companies engaged in industrial research, precompetitive development, innovation and technology transfer. Credit is granted by the banks joining the initiative. Loan interest is paid by the Government.

Information

Type of funding:

Other

Funding by type of organisation


Type of organisation	Funding % of eligible costs	Additional information
SME
Large Company
University
Research Organisation
Other	Up to 50%	Only concerns entities with legal personality under San Marino legislation / Funding is in the form of subsidized credit. Loan term is usually up to 10 years. Share of interest to be paid by the Government is established by the Technical Evaluation Committee.

Procedures

Loans are granted on an annual basis by the banks that are part of the initiative based on the maximum amount of funding allocated under the State Budget. The bank is also responsible for evaluating the financial capacity of the applicant.
The applicant should meet the economic and financial criteria defined in the implementing decrees.
If the applicant is granted a positive evaluation by the bank, the Technical Evaluation Committee shall determine whether or not the company meets the relevant economic and financial criteria, and whether or not the project is innovative and the documentation complete. Subsequently, the Committee shall determine the amount to be granted, the loan repayment term and the share of interest to be paid by the Government. Subsidized credit shall be granted only after the research project is awarded the EUREKA label.

Restrictions

Subsidized credit shall be granted: 1) only to entities having legal personality under San Marino legislation; 2) only if the project entails an overall investment of 100,000 euro to be paid by the San Marino applicant alone; 3) if the applicant employs at least 5 employees or 3 employees and 2 project managers.

Contacts

RSM

via 28 luglio,196 Borgo Maggiore

47893 SanMarino

San Marino

Ms.

Silvia

Rossi

National Project Coordinator

Contact person by email

+378 883859

Fax+378 883856

Projects

Projects in your country (12) See all

14-March-2019

Customised olive oil metallic bottle

A metal bottle for the olive oil market. Using tin plate and innovative shaping technology, we will reproduce a glass bottle shape. Lighter than glass, it can...

14-March-2019

Remote data managing system

Innovative and standard solutions for low-cost data collecting and managing in industrial machinery

14-March-2019

Integrated system for safety and control of high-performance automated machines

Development of new integrated safety solutions for automated machines

About this country

Guided by the conviction that Research & Development are powerful tools for promoting national economic growth, the Republic of San Marino joined EUREKA in 2005. In 2006, it adopted the first law on promoting industrial research (Law no. 19 of 27 January 2006) and sub-decrees on EUREKA research projects and national research projects (Delegated Decree no. 129 of 1 December 2006 and Delegated Decree no. 126 of 10 March 2008, respectively).

Allocated funds were granted for the first time in 2006 in the form of subsidized credit with interest paid by the State. Companies that successfully completed projects were granted tax credits.

The Office for Research Coordination and Promotion, located in the State Office for Patents and Trademarks, is responsible for managing the funds allocated to support San Marino companies active in R&D.

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Information

Funding by type of organisation

Customised olive oil metallic bottle

Remote data managing system

Integrated system for safety and control of high-performance automated machines

About this country