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Business Partnership Support terms and conditions changed 1 January 2013

Business Partnership Support terms and conditions changed 1 January 2013 (e.g. terms regarding de minimis aid). New terms and conditions can be found in "Support Facility" section. Please, contact Finnpartnership for further information.

Summary of major changes to General Terms and Conditions
- The applicant can be a consortium of several companies or actors. The consortium must have one primary applicant (main coordinator). The company may have one or several partners; either a registered and active legal entity or a legal entity to be registered at a later stage in the target country. The support can be granted to each member of the consortium individually. However, the main coordinator is responsible for the utilisation of the allocated Business Partnership Support according to the terms and conditions of the support.

- Support can now be allocated to pilot projects related to commercial/merchandised technology or solutions (costs arising from planning and training, and other technical assistance in the course of the pilot phase) as opposed to only projects related to Finnish environmental technology. Eligible pilot projects are activities which, when successful, can be expected to lead to a business partnership.

- Support can now also be granted for vocational education and training, and support for local education. The support is granted for development of vocational education and training related to the business partnership (e.g. renewing curriculum, teacher training, equipment and machinery, repairing of facilities) and launching new training. The projects are evaluated based on prerequisites for sustainability of the training structure they support and the expected development effects.

- Changes to target country classification:
    - Low income developing countries cover the OECD/DAC categories the least developed countries (LDC), other low income countries (LIC), and lower middle income countries and territories (LMIC). Support coverage 70/50 %.
    - Projects aimed at upper middle income developing countries must have direct development impacts. Support coverage 50/30 %

- In principle, Business Partnership Support is de minimis aid. If the applicant finds that the project does not fall under de minimis regulation, the applicant shall give reasons for this. The application of de minimis regulation is considered individually for each project. Projects where the target market as a whole is outside the European Economic Area (EEA), do not fall under de minimis regulation: the produced goods or services as a whole are meant for outside the EEA and the support cannot affect trade or competition between member states.

- A maximum of € 400 000 of Business Partnership Support can be allocated for projects which do not fall under de minimis regulation.

- Expenses occurred in a third country relevant to the project may be eligible.

- Unavoidable taxi fares in target country and another country relevant to the project may also be eligible.

- Eligible expenses arising from development of a local educational institution in vocational education and training phase:
    - renewal of curriculum
    - training of teachers
    - teaching equipment
    - repair of facilities
    - other short-term expenses in relation to capacity building of educational institutions

- The amount of eligible training days has been increased from 90 to 100. The working hours of the recipient’s own employees in the target country (weekdays Monday through Friday) and external experts’ work in Finland or in the target country may be eligible up to 100 working days in the training phase.

Published 03.01.2013