innovative enterprise definition
innovative enterprise means an enterprise:
innovative enterprise means an enterprise that meets one of the following conditions:
innovative enterprise means an enterprise that:
More Definitions of innovative enterprise
innovative enterprise means an enterprise: (a) that can demonstrate, by means of an evaluation carried out by an external expert that it will in the foreseeable future develop products, services or processes which are new or substantially improved compared to the state of the art in its industry, and which carry a risk of technological or industrial failure, or (b) the research and development costs of which represent at least 10% of its total operating costs in at least one of the three years preceding the granting of the subsidy or, in the case of a start-up enterprise without any financial history, in the audit of its current fiscal period, as certified by an external auditor;