The European funds Next Generation EU They constitute a set of economic aid provided by the European Union to its member countries with the purpose of boosting the economy and promoting economic development.
Thanks to these European funds, various professionals and companies have accessed a extraordinary financing that has enabled them to achieve their goals.
Do you want to be one of them?
1. What are Next Generation EU funds?
Next Generation US it is an extraordinary instrument created by the European Council in July 2020 with the purpose of investing in a common future. Thanks to these European funds, the European Commission was able to issue up to 750.000 million euros of own debt.
This amount is divided into two large instruments:
2. European funds MRR (Facility for Recovery and Resilience)
A total of 723.800 euros belong to this category. More than 53% go to loans and the rest to non-reimbursable transfers.
Its purpose is to invest in reforms within the Member States and thus promote a strong and sustainable economic recovery.
3. React-eu next generation background
Endowed with 50.600 million budget. Its objective is to promote cohesion and European territories. Spain corresponds to 12.400 million euros and its management corresponds to the Autonomous Communities.
In total, the amount allocated to Spain over a period of six years amounts to 140.000 millones de euros.
Don't you think you deserve a piece of them?
3.1 Main areas of allocation of these European funds
In the context of Spain, a extraordinary financing from European funds, in order to promote development in four specific areas:
– Digital transformation.
– Ecological transition.
– Social and territorial cohesion.
- Equality.
The management and distribution of these funds is the responsibility of the Administration. To this end, it relies on the collaboration of the Autonomous Communities and local entities.
4. How to obtain aid from the Next Generation EU funds?
If you are self-employed or have a company, you are a potential beneficiary of Next Generation financing.
The aid clauses contemplate three possible ways of accessing these subsidies:
1. Work contract tenders, that is, indirect investment.
2. Aid, subsidies or tenders through the autonomous communities.
3. Direct contributions from the ministries.
4.1. Application calendar and Digital Kit Voucher
The administrative procedures in charge of guaranteeing equality and transparency in distributions are governed by strict dates and deadlines.
The European Union has established the year 2026 as the deadline for said distribution, which will take place in two phases:
– Between 2021 and 2023, 70% of the total will be distributed.
– Between 2024 and 2026, the remaining 30% will be distributed.
For example, one of the most accessible options for companies is the so-called Digital Voucher. These are investments that the Government offers through the Digital Kit, focused on promote the competitiveness of Spanish companies.
In this specific case of the Digital Bond, the call is established according to the three categories of companies defined:
– Segment 1. Businesses with between 10 and 49 employees. The call was opened in March 2022.
– Segment 2. Businesses with between 3 and 9 employees, available from September 2, 2022.
– Segment 3. Entities with 0, 1 or 2 workers, accessible from October 20, 2022.
5. How to apply for next generation funds
do you want to get European funds of the Digital Bond?
The procedure is simple. The first thing you should do is access the portal of Accelerate SMEs, logged and fill in the questionnaire published. The questions focus on the current situation of your business in terms of digitization. They are not compromising, but rather provide a diagnosis of the initial state.
You can then request your digital voucher. Within a maximum period of a few weeks, at most a few months, you will receive the acceptance of the aid, unless you have to correct some detail.
The financing amounts vary according to the number of employees, from 2.000 euros for the minimum category to 12.000 euros for the maximum. Once the corresponding amount has been granted, you choose in which technological solutions you want to invest it and choose a Digitizer Agent.
These professionals, certified by the system, will be in charge of carrying out the work. They will develop digitization projects and bureaucratic efforts before receive payment directly from the Administration. Therefore, you will not have to worry about most of the procedures, you will simply receive the digitization services that you need.
The conclusion is clear:
Do not doubt trying to access Next Generation EU funds.
Keep in mind that if you don't ask for your share, those funds are likely to bolster your competitors.
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