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Financial support

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The Region supervises the Clusters to provide them with financial
support and ensure the solidity of the projects. The government has
promised to cover at least part of the operational costs of the
clusters, as well as to allocate the maximum-rateregional supports to
the projects which are initiated and conducted by the private sector in
the clusters

There are two complementary types of financing:

Financing of operational costs

  • subsidy to cover structure and organisation costs. It covers the operational costs of the cluster's operational unit;

  • financing of experts for attracting foreign investors;

  • Support for the financing of export missions and actions.

Regional aid for projects labelled by the clusters:

  • Public investments in infrastructures and equipment directly or indirectly  related to the competitiveness clusters;

  • Research incentives on the basis of the Walloon decree of 03 July 2008 ;

  • Investment subsidies allocated to companies in accordance with the decree of 11 March 2004;

  • Aids for financing specific training actions necessary for the development of the competitiveness clusters.

Advantages

In general, the projects submitted within the framework of the cluster policy are guaranteed:

  • to benefit from a prompt processing of the files

  • to obtain a maximum rate of investment support.

  • to be able to choose between repayable grants or low-interest subsidies as regards research incentives.