Industry promotion awarded to 15 SMEs
Governor Juan Schiaretti led the act of handing over the resolutions that certify the benefit of the Industrial Promotion to 15 industrial companies in Córdoba, mostly SMEs . They totaled 292 million pesos, mainly in physical assets and innovation.
The measure includes tax exemptions on gross income taxes, Real estate and Stamps for the term of 10 years (in general). In the case of SMEs, also access subsidies for incorporation of labor and consumption of electricity (for five years), depending on the investment project.
Between December 2015 and last October, the Province delivered 210 industrial promotions. The companies included in the period made investments of 3,068.4 million pesos, concentrating 39.5 percent in the city and 60.5 percent in the interior.
The productive profile of the province
To your turn, the Minister of Industry and Trade, Roberto Avalle, stressed that the 82 percent of the companies benefiting are SMEs. “What ratifies the profile production of the province”. In addition, he stressed that 62 percent of the projects reached are linked to the innovation. “This marks the vocation of industrial entrepreneurs of Cordoba to go ahead in innovation and in the development of new products”, Avalle added.
Other noteworthy fact is that about 50 percent of the firms benefiting are linked to the food sector. “This marks the predominant role of this sector in the industrial production of the province,” said the minister. While he considered that “in the next years there will be more transformation of that raw material into products ready for human consumption, animal consumption or intermediate goods’.
The Industrial Promotion Scheme covers the laws 9727 and 5,319. With this, the Government of Cordoba promotes the development, competitiveness and innovation of the industrial activity, for which it grants tax benefits and economic subsidies.
- 173 companies promoted are SMEs.
- 63 industries entered the scheme for product and process innovation projects , 29 for modernization projects (incorporation of new technology to the industrial process) and 118 for investments in consumer goods.
- Disaggregated by economic activity, 50.8 per cent of investments were made in food and beverages, 23.9 per cent in motor vehicles and their parts, 6.4 per cent in rubber and plastic, among others.
SOURCE: Point to Point
Argentina, nacida en Córdoba. Investigadora en el área de lingüística. En formación constante sobre las Letras y sobre la vida, gracias a la Universidad Nacional de Córdoba. Mis experiencias en viajes me llevaron a aprender cada vez más idiomas y querer conocer diversas culturas desde adentro. Pienso en la escritura como una herramienta para transformar el mundo y volverlo un espacio justo y equilibrado.
You may also like
What are you trying to say to me?
Human beings, in the swing between incommunicado and the use of the language of emojis. Matecito?
Healthy food tips to cope with the summer
“Summer is coming. I don't know what to do. I ate a lot in the winter!” I advise you a
The owners of silver - Part II
Before World War II, great fortunes were put into play to finance the rise of Nazism. How is it possible
I brought sticks.
A more common request than one would believe from Argentines abroad. Sticks are the salty version of the “traé alfajores”.
An Argentine in Antarctica
Evguenia Alechine is an Argentine scientist who participates in the largest women's expedition in history to reach Antarctica.