Gerardo Malvido, Head of R&D+I the Spanish Standards and Certification Association (AENOR), explained at espaitec on 14 July 2015 the requirements that companies must meet to opt for the New Innovative Company (NIC) and Innovative SME (ISME) certificates.

Three basic requirements to opt for the NIC certificate. First, being an SME. Second, the company opened less than 6 years ago. Third, the company’s research, developed and technological innovation expenses must represent at least 15% of all its expenditure. Companies must also accredit their innovative nature through training actions in managing innovation, and in defining their innovation strategy, business plan and a detailed report. For the ISME certificate, companies must comply with 27 indicators in various areas.

Both certificates help organisations demonstrate their innovation capacity by correctly evaluating the resources applied in the innovation process, and the results obtained. Obtaining either certificate means that companies are automatically included in the Innovative SME Register of the Spanish Ministry of Economy and Competitiveness, which entails economic and tax advantages.

Among the advantages linked with these certificates, being able to reconcile in the same research personnel a bonus of 40% in what businesses pay as Social Security, and a tax deduction of up to 42% of the R&D+I expenses from what they pay as Corporation Tax, stand out

The purpose of this event was to identify the espaitec-linked companies and those in the Castellón Global Program Companies Club interested in obtaining these certificates. With the collaboration of AENOR in the Valencian Community, work will begin in the next few months to prepare the documents and training required with those companies interested in obtaining these certificates.