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| Grant Funding for Your Business The use of grant assistance and state subsidies is growing in importance for businesses and should be considered an integral part of capital funding and financial decision making. Grant funding can assist businesses to improve the design, manufacture and delivery of world quality products and services, promote technical innovation, enhance competitiveness, and implement new technology. A successful grant application for a business wishing to undertake a programme of capital investment to modernise, restructure or expand could secure between 10% and 35% of the total capital cost depending on location and other eligibility criteria. However, the complexity of grant application procedures involving state aid rules and eligibility criteria can make it a difficult process. MCS is an active member of the EuroIncentive Group, a European network of independent consultants specialising in regional, national and European Union subsidies and other financial incentives. EuroIncentive advisers can act for your company in any European state. |
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