Grow your SME in Europe with Flanders’ support
To help Flanders-based SMEs develop and grow their business in Flanders, Europe and beyond, support agency Flanders Innovation & Entrepreneurship (VLAIO) offers two types of aid: the SME e-wallet and the SME growth subsidies.
The SME e-wallet: advancing your business
VLAIO’s SME e-wallet is a web application allowing you to obtain annual subsidies of EUR 7,500 – to support the further development of your small or medium-sized enterprise (SME).
What kind of assistance?
Aid from the SME portfolio can be obtained for two types of services:
- training – programs for both employees and employers that focus on improving your SME’s current or future way of working, or legally obligatory training programs. Examples include: language, management, computing or communication courses, etc.
- advice – on how to improve the functioning of your SME, enabling you to make correct and fundamentally informed decisions for your business. Examples include: communication plans, investment analyses, market studies, etc.
How much can I receive?
In the SME e-wallet, a distinction is made between small and medium-sized enterprises as well as between training and advice support. The maximum amount for small enterprises and medium-sized enterprises is EUR 7,500.
Support percentage for training | Support percentage for advice | |
---|---|---|
Small enterprises (SEs) | 30% | 30% |
Medium-sized enterprises (MEs) | 20% | 20% |
Companies can choose freely to spend the subsidy budget on advice and/or training.
SME growth subsidies: support your ambitions
Through VLAIO’s SME growth subsidy, small or medium-sized enterprises can receive a subsidy of max. EUR 50,000 per calendar year. Meanwhile, a maximum of EUR 25,000 per advice trajectory can be obtained for actions that help a company gain the specific knowledge needed for growth:
- hiring additional staff with the necessary strategic skills;
- appeal to external service providers.
Check out Flanders’ target grants and support measures: |