Preparing financial forecasts and valuations of business

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It determines primarily the intensity of support and, consequently, the required own contribution as well as the type of eligible costs and the conditions for qualifying expenses. For example, as a rule, public aid in EU projects can only be granted for expenses that were incurred after the date of submitting the application for funding - which is called the incentive effect - however, in projects where de minimis aid applies, the incentive effect is not required , it is therefore possible to qualify expenses retroactively, i.e. expenses already incurred. Is it permissible to combine different forms of public aid? The answer is it depends.
  
In some competitions, only one form of assistance is imposed, in others it is possible to combine several forms. An example here is the flagship R&D competition, i.e. Fast Track, in which entrepreneurs could co-finance research work on the basis of horizontal aid (aid for research and development activities) and photo retouching pre-implementation work using de minimis aid. The new financial perspective ( - ) also provides for the use of more than one form of assistance, e.g. as part of modular support from the European Funds for a Modern Economy (FENG) operational program.Companies that develop a new or improved product or service can count on grants for innovation in the USA.



The funds awarded can most often be used for costs related to research and development, prototypes and marketing. Innovation grants are awarded to companies that have a high potential to create jobs, stimulate economic growth and solve social and environmental problems. Projects must have the potential for commercialization and meet specific U.S. research and development needs. It is worth paying attention to the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs The SBIR and STTR programs finance a diverse portfolio of startups and small companies in various technology areas. The goal of the competitions is to stimulate technological innovations that will meet federal R&D needs and have a high chance of generating profits through commercialization. USA supports smaller companies and encourages them to participate in competitions.