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Grants & Incentives
Grants & Incentives
Alpha can apply for and secure EU grants for your company
US manufacturer of wet shaving razors
Alpha supported the company’s investment in a number of ways. In particular, Alpha assisted with:
- Preparing a report on availability of labour, HR issues and distribution effectiveness for the Czech Republic and Poland
- Working with local real estate agents to identify the most suitable location and specific site for a new manufacturing facility
- Setting up a local Czech company, 100% owned by the company’s UK subsidiary and providing a registered office address and space in Prague. A key member of Alpha’s staff also acted as the company’s first Jednatel (responsible executive)
- Advising on the availability of grants to support the investment. Applying for a grant under the ‘Support for Manufacturing’ programme managed by CzechInvest, managing the application process and negotiating with the Ministries of Industry and Labour to ensure that the grant award was maximised
In late 2007, the company commenced commissioning of its new factory in North Bohemia and has recruited some of its top team and production workers from a total requirement exceeding 350. These first staff and workers have been trained in the UK and at a separate Training Centre in the Czech Republic.
The company has been awarded the maximum grant possible under the ‘Manufacturing Support’ scheme. The considerable sum involved will be paid in instalments to the Czech subsidiary during the build up of production in 2008 to 2010. It will be paid mainly in advance of expenditure and should provide valuable local working capital.
This award continues Alpha’s 100% success rate in obtaining maximum grant awards for its Clients.
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