The Public Investment Bank (BPI France) and the Ministry of Science, Technology and Productive Innovation (MINCYT) launched a Cooperation program between French and Argentine companies.This program provides funding for collaborative and innovative projects for industrial applications with the aim of domestic and/or global market marketing.
It is intended:
- In Argentina, for all SMEs registered in the country having some of its activities dedicated to R&D ;
- in France, for any company established in the country which employs fewer than 2,000 people and which does not belong to a group of more than 2,000 people.
The funding is provided to each partner by the respective country institution:
- In Argentina: 70% of the total of R&D costs and a maximum of 800,000 Pesos ;
- in France: repayable advance if successful: 65% for firms with fewer than 250 employees and 50% for intermediate-sized enterprises, from 250 to 2,000 people.
Application files are admissible throughout the year.