Why Subsidies?
A subsidy is a free and non-repayable financial assistance provided by the state to specific entities for the implementation of their tasks. Subsidies are discretionaries financial support. The granting authority is responsible for distributing the funds granted to the entity.
In Poland subsidies are available from three sources:
- National funds
e.g. NCBiR funds, PAED funds, NFOŚiGW funds - European funds
e.g. European Funds for 2021-2027 (e.g. European Funds for Modern Economy or Regional Programmes), National Reconstruction Plan
- European Commission funds
e.g. Horizon Europe, LIFE, ETS Innovation Fund
Possibility of combining the subsidy with the R&D Tax Credit
The basic principle of combining the R&D Tax Credit with other forms of support is the condition that the same costs are not reimbursed to the taxpayer in any other form (prohibition of double financing).
That is, when calculating the costs eligible for settlement of the R&D Tax Credit, activities and expenses incurred as own contribution to the project should be separated from co-financed activities and expenses.
