The report required to apply for the lump-sum payment consists of drafting a project that describes the activity you intend to carry out and allows an assessment of its economic and financial viability. This report must include the following sections:

• Personal details.
• Information about the activity to be carried out, including its nature, the town and province where it will take place, the legal framework under which it will operate, and the planned starting date.
• Total capital required (own funds, external funding and capitalised benefit).
• Planned allocation of capital.
• Details of the investments to be made.
• Information about the premises where the activity will be carried out.
• Forecasts of income, expenses and returns for the first financial years.
• Employment creation forecasts.

You may prepare the report by following the outline available on the State Public Employment Service website, entitled “Project explanatory report template for lump-sum payment or capitalisation”.

When preparing the report, you may also seek assistance from private consultancy or advisory services, as well as from the services offered by the various public authorities at national, regional or local level to support promoters of new business initiatives.