This fund offers support to Monegasque companies for innovative technological projects (involving real technological advances or the introduction of an innovative product to the market), through repayable loans or subsidies.
Understanding the process
Who can receive support?
Companies in the industrial sector, tertiary industry and those providing services to industry are eligible for support from this fund.
Stages of the project and costs taken into account:
- Research and development
- Development of a prototype
- “Pilot” implementation of production
An interview is required to confirm eligibility. Please contact the Business Development Agency for detailed information.
Applications are evaluated on the basis of a business plan and an operating statement forecast for the three years related to the company’s project.