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19.02.2021

Special export support Brexit

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Until March 12, a call is open at Flanders Investment & Trade (F.I.T.) for special export support in the context of the Brexit. Exporting companies with at least 5 full-time employees and an establishment in the Flemish Region can obtain a one-time grant of 10,000 euros for the realization of a Brexit-related project or for a project that absorbs the consequences of the Brexit for the company.

 

1. Terms

1.1. Eligibility Requirements

The applicant company must meet the following conditions:

  • The company is an SME with a Belgian company number and an operating office in the Flemish Region.
  • The company has at least five full-time equivalent registered staff according to the most recently filed financial statements.
  • The company has positive equity according to the most recently filed financial statements.
  • The company achieved an export share of at least 20% during the last completed fiscal year.
  • The company is in compliance with social and tax laws.
  • The company has complied with all commitments to FIT.

 

The following companies are excluded:

  • Companies in dissolution, cessation, bankruptcy or liquidation.
  • Companies belonging to the following groups in the NACE-BEL 2008 code: 01.1, 01.2, 01.3, 01.4, 01.6, 01.7, 03.1, 25.4, 30.4, 45.1, 46.2, 55.1, 55.2, 55.3, 56.1, 56.2, 56.3, 64.1, 64.2, 64.3, 64.9, 65.1, 65.2, 65.3, 66.3, 68.1, 68.2, 68.3, 78.2, 79.1.

 

1.2. Content conditions.

You must be able to demonstrate that the Brexit will affect your export activity. Examples:

  • Did your company's exports to the UK decline, whether through distributors, agents or other partners or not?
  • Will there be additional costs to be incurred by the UK's departure from the EU?
  • Do you want to diversify by exploring other countries?
  • Or are you just going to step up in the UK because you spot new opportunities there?

 

1.3. Eligible costs.

The costs you incur must fit into the relance following the Brexit and relate to activities to promote international business. Examples:

  • Costs for customs software systems;
  • registration and recertification fees;
  • cost customs representative;
  • cost UK VAT and/or EORI number;
  • tax agent costs;
  • Cost of obtaining advice from external consultants;
  • shipping costs of samples;
  • digital marketing costs;
  • costs of diversification into other export markets
  • other costs your firm is incurring to deal with the effects of the Brexit.

 

The costs must total at least 10,000 euros and may only be incurred after the submission of the aid application.

 

2. Amount

The grant is a one-time lump sum of 10,000 euros.

Budget is provided for 200 projects.

 

3. Apply

The grant must be applied for online via MyFIT.

The call is still open through Friday, March 12 at 5 p.m. or until the budget is exhausted.

Admissible and complete files submitted first are eligible first ("first come, first served" principle).

 

For more information, contact our subsidy expert on 051 26 82 68 or by e-mail at info@titeca.be.