HELPS


On the following pages, we present the principal helps, normally provided for the creation and development of companies.

In a future meeting, we shall examine together which help schemes may apply to your project, depending on the specific characteristics of your program and the associated financial and legal structure.

The Sarthe Economic Expansion Committee will give you its full support in order to obtain a maximum of the public help schemes.


REAL ESTATE HELP SCHEMES

Type of help

Beneficiary

Attribution conditions

FEDER

(European Fund for Regional Development)

Subsidies up to 10% of construction costs - accorded depending on the interest of the project, the available funds and local help already obtained. Building owner (community, intercommunal public establishment, approved SEM and SICOMI High level industrial activity or service.



The Loire Region


Interest-free loan, to be reimbursed over 5 years after a 5 year period.

Up to:

- 20% of construction costs ex. VAT

- and 300,000 F

raised by 10 to 15% of construction costs ex. VAT for projects creating over 100 jobs in 3 years.

(possibility to negotiate consolidation of all or part of this loan as a subsidy)








Building owner (community, intercommunal public establishment, approved SEM and SICOMI










High level industrial activity or service

A single regional loan per operation



Sarthe Department

Specific procedure for the implantation in the Technoparc.

Subsidies up to 30% of real estate investment ex. VAT and up to 1 MF accorded depending on interest of the project.

Attribution condition:

creation of 5 jobs over 3 years - 11 in Le Mans)




Building owner (community, intercommunal public establishment, approved SEM and SICOMI


Installation of activities corresponding to the specification sheet of the Technoparc:

Motor sports - R&D

- Specialised construction - Training


REAL ESTATE HELP SCHEMES

Type of help

Beneficiary

Attribution conditions



Intervention fund for the economic development of Sarthe

(F.I.D.E.S.)


Subsidies up to 17% of investments (real estate and furnishings) and 35,000 F per job.

Minimum investment 10 MF over 3 years


Building owner (community, intercommunal public establishment, approved SEM and SICOMI) on behalf of industrial activity and industrial service sector



Creation of a minimum of 50 jobs C.D.I. over 3 years.

These help schemes are cumulative (the accumulation of departmental assistance is limited to 17% of the total investments foreseen over 3 years)

Paid to the building owner (upon justification of the state of advancement of the construction work) who in turn passes this help on in the form of rent reductions.

SICOMI approved by:

* The General and Regional Council: AUXICOMI (CEPME), SOGEBAIL (Société Générale), SICOBAIL (Caisse des Dépôts et Consignations, UNICOMI (Crédit Agricole), NATIO CREDIBAIL (BNP), DOMIBAIL (Crédit National), SLICOMI (Crédit Lyonnais, BATIROC (SODERO), LOCAL BANK, FRUCTICOMI (Caisse Centrale des Banques Populaires)

* The General Council only: LOCABAIL (Compagnie Bancaire U.C.B.), OPTIBAIL (Crédit Foncier), CREDITEL (France Télécom), REGION-BAIL (Crédit Local de France), SICOPIERRE.



HELPS FOR THE RE-LOCATION, CREATION AND DEVELOPMENT OF A COMPANY

Type of help

Beneficiary

Attribution conditions






Re-location help fund

(F.A.D.)


Direct national help (subsidy) of max. 80,000 F paid to each employee accepting to re-locate with the company.

Direct national help (subsidy) of max. 25,000 F paid to the company for each new employee taken on locally.







Employees and small and medium size companies



Relocation from the Paris region to the Province with a minimum creation of 20 jobs on the new site (transferred jobs included).






Regional Bonus for the creation of a company

(P.R.C.E.)

Regional loan for the creation of a company

(A.R.C.E.)

1 - P.R.C.E.

Subsidy equivalent to 10,000 F per job for the creation of 5 to 10 jobs, limited to 100,000 F

2 - A.R.C.E.

Loan up to 20% of real estate and incorporeal investments, up to:

- 300,000 F for the creation of 10 to 30 jobs

- 500,000 F for the creation of more than 30 jobs

(Interest-free loan, to be reimbursed over 3 years after a 3 year period)

These 2 helps are cumulative and are paid directly to the company












Industrial companies of the para-industrial sector, services to companies and packaging







- New creation

- Take-over of a company in difficulty

- Relocation

- Extension




Small and medium company development fund.


Subsidy up to 500,000 F ranging from:

7.5 to 15% of equipment modernisation investment costs.



Sound companies which have existed for at least one year


According to company size
SPECIFIC HELP SCHEMES FOR THE SERVICE INDUSTRY

Type of help

Beneficiary

Attribution conditions



Local implantation bonus (P.A.T. Service industry)

State (DATAR)


Maximum subsidy up to:

- 70,000 F per job up to double the total of " equity capital + associates current account " (Le Mans urban area)



Research, study, design, engineering activities, head office or management
According to the nature of project, size of company, creation of a minimum of 20 jobs.

Help not accorded automatically but depending on the interest of each individual project.





P.A.T. Industrial

Maximum subsidy up to:

- 50,000 F per job up to 17% of investment ex. VAT



Industrial activities
According to the nature of project, size of company, creation of a minimum of 20 jobs and 20 MF investment.

Help not accorded automatically but depending on the interest of each individual project.

INNOVATION AND RESEARCH HELP SCHEMES

Type of help

Beneficiary

Attribution conditions



INNOVATION HELP

ANVAR

(Ministry of Research)

If the project concerns the elaboration or launching of a new product.

Possibility of a loan representing 50% max. of internal and external expenses of the innovation program retained by ANVAR, including preparation of industrial and commercial launching





Companies of all sectors



Help not accorded systematically, but depending on the innovative aspect of each project.



HELP WITH THE EMPLOYMENT OF RESEARCHERS

(ANVAR procedure)


Subsidy of up to 50% of internal and external expenses related to the recruitment of a researcher, limited to 200,000 F.



Companies of all sectors



HELP WITH THE RECRUITMENT OF ENGINEERS

(CORTECHS procedure)

Subsidy of 68,000 F for the recruitment of a highly qualified technician (Bacc+2 or 3), subject to an agreement with an educational centre (technical college, IUT, CRITT, engineering college, university laboratory).

Small and medium size companies with less than 500 employees, engaged in an innovative project




HELP WITH THE RECRUITMENT OF YOUNG MANAGERIAL STAFF FOR RESEARCH AND DEVELOPMENT MISSIONS

(CIFRE procedure)

Subsidy of 92,700 F ex VAT over 3 years, for the recruitment of a young managerial employee (Bacc. +5), charged with research and development tasks in direct collaboration with an external laboratory for a doctorate thesis



French companies in all sectors
TECHNOLOGICAL HELP SCHEMES

Type of help

Beneficiary

Attribution conditions






ATOUT

P.U.C.E.

Feasibility phase:

- subsidy of 200,000 F (50% of technical planning costs)

- subsidy of 100,000 F (50% of market research costs)

Construction phase:

- 750,000 F loan (50% of costs for research, development and construction of first prototypes)

- 250,000 F loan (50% of costs prior to commercialisation launching)









Sound industrial companies


Less than 2,000 employees









Introduction of electronic components integrating new capabilities in the market.





ATOUT

P.U.M.A.




As above



Ditto

Utilisation of "new" or "advanced" materials integrating new capabilities




M.E.C.A.


Investment subsidy of approx. 10%
Industrial companies

Less than 1,000 employees

Introduction of new technologies in small and medium size industrial companies (first reference)
HELP SCHEMES WITH LOCAL TAXES

Type of help

Beneficiary

Attribution conditions









EXONERATION FROM TRADE INCOME TAX



In certain cases and depending on certain considerations taken by the local authorities, an exoneration from trade income tax is possible.

Consideration taken by the Regional Council: 100% for 4 years

Consideration taken by the General Council: 100% for 1 year and 50% for 3 years

Consideration taken by the town and urban council of Le Mans: 100% for 4 years







Industrial activity or scientific and technical research

Management, study, engineering and informatics activities









In case of creation, extension, relocation, take-over of company in difficulties







EXONERATION FROM CORPORATE TAX (IS)


100% exoneration for the first two years

75% exoneration for the third year

50% exoneration for the fourth year

25% exoneration for the fifth year




Under reserve of company independence criteria

TAXES IN 1994

POLL TAX

PROPERTY RATES

TRADE INCOME TAX


LE MANS + C.U.M.



15.65 %



19.58 %



13.23 %


SARTHE DEPARTMENT



6.72 %



9.44 %



6.04 %


LOIRE REGION



1.84 %



2.15 %



2.19 %

Remarks:


Depending on the nature of your project and its size, other regional and national help schemes may enter into consideration.

The Sarthe Economic Expansion Committee will provide you with all the logistic support necessary in order to obtain the maximum help possible.



Home Page.