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NEWSLETTER
About the program » FAQ
What conditions must be fulfilled to participate in the Branch Promotional Program?
Project beneficiaries can be entrepreneurs who fulfill to following conditions:
- they operate a business enterprise with a seat on the territory of Poland
- they declare to participate in at least 50% of activities defined in BPP
- their products or services correspond with the catalog specified in BPP (relevant PKD list – Polish Classification of Activity)
- they did not receive “de minimis” help, whose total value exceeds EUR 200,000, in the tax year, in which they are submitting the application, or in the 2 previous years
What is the role of the Executor in execution of the IT/ICT BPP?
The M Promotion Agency is the executor of the IT/ICT BPP and the implementing institution is the Ministry of Economy.
List of benefits arising from using the Executor’s services:
- The best prices when making a reservation for and renting a stand with installation
- An opportunity to get an attractive exhibition location
- Support in transporting your promotional materials
Under (economic) field missions we offer:
- Meetings with market experts
- Renting conference rooms for matchmaking meetings
- For a field mission: providing you with 2 potential business contacts
- A database of foreign entrepreneurs from the industry
- Attractive industry events along with a particular mission
Moreover, under the Program the participant will:
- Be provided with complete organization-logistic services including:
- Transfers from/to the airport and within the city, in which the event is held
- A qualified interpreter at the event location
- Finding accommodation
- Professional help and support throughout the 3 years during the Program
- Help with any formal aspects of the Program (application, settlements)
- Materials promoting the Polish IT/ICT industry
The Executor will not collect any payments, margins or commission for all of the above-mentioned benefits.
What is the percentage threshold for reimbursing eligible costs?
The financing may not exceed 75% of the eligible costs.
How can I receive reimbursement of the costs of participation in particular activities?
The first step is that a receipt of applications for a competition must be published by the Ministry of Economy (it started in the last week of May). Entrepreneurs submit the documents necessary to participate in the competition within the given deadline (in their application they specify at least 50% of activities, in which they are planning to participate). The Ministry of Economy has 60 days to verify the application. After verification and confirmation, that the application fulfills all formal requirements (given in the receipt of applications), a contract with the entrepreneur is signed. Based on that, the entrepreneur will be able to apply for reimbursement of the costs incurred for participation in the promotional program – the financing may not exceed 75% of the eligible costs.
What if a company signs a contract with the Ministry of Economy, but then decides to withdraw from the program?
Parties have the right to terminate the contract with a month’s notice. In that case, the company is obligated to return the financing with interest within 14 days from the day of terminating the contract. Interest is calculated in the amount as for tax arrears counted from the day of placing the funds at the entrepreneur’s disposal.
Is a company joining the program obligated to present a document testifying to its financing capabilities?
The entrepreneur joining the program is obligated to sign a statement, that they are in possession of sufficient funds, which will guarantee fluid and timely execution of the project presented in the application submitted to the Ministry.
Can a startup without any economic history participate in the program?
Yes, if it fulfills the criteria of participating in the program and has the financial capability to do that.
Is the event schedule fixed?
The schedule of events of the Branch Promotional Program is a fixed plan of activities for the time until March 2015, determined by the Polish Ministry of Economy. Within the planned events, the entrepreneur can choose: domestic and international fair-exhibition events, trainings, economic field missions and field missions – 44 events in total.
When will the eligible costs be reimbursed?
The financial aid for entrepreneurs’ participation in the promotional activities is provided towards specific aims, under specific conditions of giving financial aid for entrepreneurs’ participation in promotional activities under the sub-measure 6.5.2 Operational Program Innovative Economy, 2007-2013. Entrepreneurs, who will decide to participate in at least 50% of activities from the A component, can apply for financial aid in the form of reimbursement of up to 75% of eligible costs. The costs are reimbursed upon submitting relevant invoices to the Ministry of Economy, which has got 30 days to review the application and pay out the money.
For how long is the Ministry of Economy going to be accepting applications?
The Ministry of Economy will be accepting applications until 130% of the allocation amount has been reached. In the event of reaching 100% of the allocation, the Implementing Institution posts information about the current use of the allocation envisaged for the competition on the website of the Ministry of Economy, on every working day.