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IMC Service Delivery Policy


IMC's contribution is estimated at 10% of annual sales for the company as per the approved budget of the previous year or the paid-up capital for new factories and a maximum of 500 thousand euros to the Beneficiary companies.

Contribution from IMC to mitigate the impact of the global economic crisis, 50% reduction in Clients' contribution to services as of December 2008

Reduction available for use as a proportion of annual sales or paid-up capital in accordance with the approved balance sheet

1-   0% of competitive support services up to a maximum of 500 thousand euros
2-   0% research and development up to a maximum of 500 thousand euros
3-   4% of the resident experts up to a maximum of 200 thousand euros
4-   Training, unlimited

 

Financial contribution of beneficiaries in the cost of services offered by IMC
   
Ceiling ( Thousands Euros) BC Contribution*

Up to 50  

20%

More than 50 up to 200   

25 %

More than 200 up to 300   

30%
More than 300 up to 400    35%
More than 400 up to 500            40%
*           Following the financial crisis, IMC has reduced the BC's cost share by 50%
*           Upper Egypt is privileging 50% additional reduction on BC's cost share

 
IMC contributes on beneficiaries' subscription in international trade fairs according to the listed, recommended and approved trade fairs by export councils within their published criteria.

The beneficiaries' contribution in international trade fairs and exhibitions. categorized in accordance to number of participations through IMC:

 
   
Number of participations BC Cost Share

First Participation

20%

Second to Fourth Participation

30%

Fifth and Sixth Participation

40%


*           Following the financial crisis, IMC has reduced the BC's cost share by 50%
*          Upper Egypt is privileging 50% additional reduction on BC's cost share

 

 
     
 
 
 
 
 
 
 
 
 
 
 
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