The Limited Times

Now you can see non-English news...

The first winners of the auto and aero modernization fund ready to bounce back

2020-10-04T21:41:43.053Z


The grants - up to 800,000 euros per company - finance innovation projects.One, Loiretech, manufactures molds intended to make Airbus noses or tails, the other, Alphameca3, manufactures tooling parts to aid automotive production. A third, Prosyst, develops automation design systems for industry. Read also: Aeronautics, distribution and automotive: three sectors undergoing massive restructuring All three are among the thirteen new winners chosen by BPI France and the St


One, Loiretech, manufactures molds intended to make Airbus noses or tails, the other, Alphameca3, manufactures tooling parts to aid automotive production.

A third, Prosyst, develops automation design systems for industry.

Read also:

Aeronautics, distribution and automotive: three sectors undergoing massive restructuring

All three are among the thirteen new winners chosen by BPI France and the State services to benefit from the automotive and aeronautical modernization fund.

Despite their different profiles, all of them have been going through a period of uncertainty since their customers, aircraft manufacturers and automotive giants, experienced several months of shutdown.

The recovery plan provides for the creation of a support fund for VSEs, SMEs and ETIs over the next three years.

In total, 900 million euros will be mobilized by the end of 2022, including 300 million euros from 2020 to subsidize modernization or innovation projects led by their managers in these two disaster-stricken sectors.

This article is for subscribers only.

You have 69% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

Enter your email

Already subscribed?

Log in

Source: lefigaro

All news articles on 2020-10-04

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.