Sustainability considerations are transforming the way companies do business. They are driving innovation in R&D (Research and Development) and manufacturing processes to create more sustainable and carbon-neutral products and services. They are transforming processes at each step of the value chain.
We can help your business navigate the grant funding landscape by developing an incentives funding strategy that is tailored to your needs and by supporting you with the application process from start to finish. Many sustainability incentives are available at both a regional level (e.g. EU (European Union) wide) and at a local level (e.g. Switzerland).
Sustainability incentives provided by the European Commission
For businesses engaging in sustainability-related projects, the European Commission provides incentives for research and innovation, e.g. in the areas of climate change, renewable energy, energy storage, nature/biodiversity and transportation.
Subject to the satisfaction of several conditions, Swiss companies may apply for such incentives schemes.
The EU funds are mainly focusing on innovative technologies, while at the local and regional level the incentives scheme is more diversified. Especially in the CEE (Central and Eastern Europe) region, significant cash grants and tax deductions are available for planned investments.
Sustainability incentives provided by the Swiss government
On the one hand, companies across Switzerland may claim tax benefits to fund innovative and sustainable activities. On the other hand, funding is available for science-based innovation regarding sustainability-related projects in Switzerland.
Besides innovation-related incentives, federal and cantonal funding can be provided to companies to implement measures related to energy efficiency, renewable energies and/or reduction of CO2 emissions in buildings or in the mobility area.
Could your business also be benefiting?
We help you work out what is feasible and implement the necessary steps.
The process starts with taking a holistic look at your company’s set-up, including the location of your IP, your R&D footprint, patent strategy, key functions and external providers. On this basis we perform financial simulations to assess the savings (which may vary depending on cantonal rules) and help you apply for the relevant measures. Our service includes meetings and negotiations with cantonal tax authorities, as well as preparing sustainable and robust R&D documentation.
How can we help?
For businesses on their ESG transformation journey, there may be opportunities to capitalise on the readily available public funding. With our expertise we can help guide you through the complex grant funding landscape to help identify the most relevant grant programmes for your business and support you with the application process and implementation process.
We can assist by:
Identifying the most eligible and relevant grant schemes for your business and ensure the grant application is optimised to meet your business goals, activities, and potential project(s).
Supporting with the grant submission process
Monitoring business and administrative processes and aid in implementing requirements.
Contact us
Let's talk about ways you could be capitalising on your sustainability related initiatives
https://pages.pwc.ch/core-contact-page?form_id=7014L000000klATQAY&embed=true&lang=en
Contact us
Erik Steiger
Partner, Sustainability Tax & Legal Leader, PwC Switzerland
Tel: +41 58 792 59 40
Partner, Transfer Pricing, Sustainability Incentives and Value Chain Transformation, PwC Switzerland
Tel: +41 58 792 10 04