Section 2 of the Regulation of Promotional Benefits of Law 23,877

Tags FONTAR
Credits for Modernization Projects is a tool of the Argentinean Technologyl Fund (FONTAR) which finances projects aimed at performing adaptations and improvements related to technological modernization.

The objective is to support developments seeking to adequate technologies and to introduce the improvement of products and processes with low level of technical risk. 

Up to ARS 1,000,000 are granted and up to 80% of the project’s amount. Expenses shall be recognized as from the approval of the Project Idea. All expenses directly related to its execution and not connected with its exploitation shall be part of the project’s budget. 

Credits are aimed at SMEs. In the event that applicants were more than one company, they shall prove the kind of association among them (Temporary Joint Venture, Collaborative Association, etc.) Non-for-profit Institutions or government offices shall not be beneficiaries.

 

 


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FONTAR - Argentinean Technology Fund
Phone: (54-11) 4899-5300 int. 5052
fontar@mincyt.gob.ar
Godoy Cruz 2370, 1st floor (C1425FQD)
Autonomous City of Buenos Aires