Who can apply for a subsidy:

• Small and medium-sized businesses.

Aid amount per project:

• Maximum 45% of eligible expenditure for small businesses; and
• Maximum 35% of eligible expenditure for medium-sized businesses.

What the subsidy covers:

• Expenses for tangible fixed assets such as land improvement, reconstruction of buildings, modernisation, construction changes, construction or removal of a structure, utilities, roads to construction sites; and
• Other construction-related costs that will be included in tangible fixed assets (such as studies, project activities and engineering activities).

Tourism 

Supported activities include reconstruction of technically unsatisfactory buildings or reconstruction of brownfields into an object designed for business activities in the specific CZ NACE codes for tourism. Projects executed in the regions of Central Moravia, Northwest, Central Bohemia, Moravia-Silesia, Northeast, Southeast and Southwest will be supported.

The condition for obtaining the subsidy is the creation of jobs, which is associated with the amount of eligible expenditure, which is as follows:

Subsidy amount per project in call IV Tourism:

• CZK 1 million – CZK 100 million.

Receiving applications in call IV Tourism:

• 16 September 2019 – 31 March 2020.

It is a round call. The project must be executed in the Czech Republic in one of the 57 defined municipalities; the actual place where the project is executed is decisive. There can only be one execution place per project. Each applicant (one corporate ID) can submit a maximum of three projects.

Coal regions 

Supported activities include the reconstruction of technically unsatisfactory buildings or the reconstruction of brownfields into an object designed for business activities in the specific CZ NACE codes. Projects executed in the Karlovy Vary, Ústí nad Labem and Moravian-Silesian regions will be supported.

Subsidy amount per project in call V Coal Regions:

• CZK 1 million – CZK 70 million.

Receiving applications in call V Coal Regions:

• 16 October 2019 – 16 March 2020.

It is a continuous call. The project must be executed in the Czech Republic, in the Karlovy Vary, Ústí nad Labem or Moravian-Silesian regions; the actual place where the project is executed is decisive. There can only be one execution place per project. Each applicant (one corporate ID) can submit a maximum of three projects. All pieces of real estate within the submitted project must be registered in the National Brownfields Database.

The article is part of dReport – August 2019, Tax news; Grants and investment Incentives.