S.L. 463.51 Art. 3Assistance to eligible undertakings.

(1) SMEs may improve their innovative performance through access to highly qualified personnel and collaboration with a research and knowledge dissemination organisation.

(2) Where the Corporation is satisfied that an SME is carrying out an innovative project, the eligible undertaking shall qualify for a cash grant to support innovative actions in accordance with the terms and eligibility criteria as set out in the Guidelines.

(3) A business research partnership may be established through the secondment of highly qualified personnel seconded from a research and knowledge-dissemination organisation or as innovation advisory provided by a research and knowledge-dissemination organisation.