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INFORMATION ON THE CALL FOR APPLICATIONS:


BENEFICIARY
Innovative business clusters registered in the Registry of Innovative Business Clusters of the Balearic Islands by the application deadline. These entities must be non-profit organizations comprising companies and research or training centers collaborating on innovative projects.

SECTOR
Innovation

SUBSECTOR
Clusters

APPLICATION DEADLINE
May 31, 2025

REFERENCE WEBSITE
BOIB

ELIGIBLE ACTIVITIES

  • Operating costs: Includes salaries and social security costs for managers and employed staff (50% subsidizable).
  • Current expenses: Ordinary expenses such as rent, supplies, travel, and necessary displacements related to the grant’s purpose (50% subsidizable).
  • Competitive projects: Expenses from projects that have received European funds.
  • External collaborations: Consultancy, external services, and promotional actions detailed in the application (50% subsidizable).

ELIGIBLE PERIOD
From the day after the application is submitted until December 31, 2025.

AID INTENSITY

  • Total budget: €650,000.
  • Maximum per beneficiary: €125,000.
  • Maximum intensity: 50%.

SUBJECT TO MINIMIS
No

GRANTOR:


ORGANIZATION: Ministry of Economy, Finance, and Innovation

ADMINISTRATION: Autonomous

GEOGRAPHICAL SCOP: Balearic Islands

TYPE OF AID: Subsidy

PUBLICATION REFERENCE:

More information here.