How should I allot the investment for research and development activities? Can I define this type of activity myself, or does the government have certain criteria on what can be counted as R&D?
Answers
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Celia Pourgoura answered:
An enterprise is considered innovative if its research and development costs (R&D) represent at least 10% of its operating costs in at least one out of three years preceding the application. In the case of a new enterprise
without financial history, the evaluation will be based on the business plan which will be submitted by the applicant.