Index 2009

Page 329

expenses (design aspect), financial support may be granted for: - 50% of expenses incurred with a ceiling of 20,000 euros per applicant and per year for the first three participations in a trade fair or specialist show - 25% of incurred expenses with a ceiling of 10,000 euros per applicant and per year from the fourth participation. Financial support of maximum 50% of registration fees may be granted to Luxembourg companies taking part in seminars and conferences with a direct and irrefutable link to the promotion of foreign trade.

Photo: Archives paperJam

Export training Maximum financial support of 50% may be granted for registration fees for training with a direct and irrefutable link to the promotion of foreign trade.

The Office du Ducroire headquarters are within the Chamber of commerce

Advertising costs Advertising in guides, magazines, catalogues, CD-ROMs and websites of a professional and international nature may benefit from financial support limited to 20% of incurred expenses.

in the financial or real estate sector, only activities, products or distribution channels of an innovative nature in the strict sense of the terms may benefit from financial aid. How to submit an application? The request must be submitted before expenses are incurred. The application form may be downloaded from the Office du Ducroire website at www.ducroire.lu. The balance sheets covering the past two years, the articles as well as the business permit must be added to the form. What is the response period? The COPEL sub-committee meets once a month in order to decide on the admissibility of the applications. In case of technical agreement by the COPEL sub-committee, the request is forwarded to the Ducroire committee for final approval. In the event of acceptance by the latter, a letter of commitment valid for a period of six months, is issued. Upon request, in the event of non-execution within the six-month period, an extension of six months may be granted. Final payment will be made exclusively on the basis of settled invoices.

Consultancy services Are eligible up to a maximum of 50% consultancy services provided by third parties (legal, fiscal, marketing, etc.) required for the launch: - of a new product or service - of an existing product on a new market. Who is eligible for financial support? Financially healthy companies may obtain financial support by justifying adequate equity capital. Companies in the activities linked to the production, transformationor marketing of products listed in Annex 1 of the Treaty are not eligible in accordance with Article 1 of Commission Regulationcalled de minimis. For companies

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