BUS-008

Estimated annual growth in profit from investment in the products or services

Medium Annual number

Definition and Methodology

Estimated percentage increase in the supported business's annual profit resulting from investments in specific products or services supported by the Grants. It reflects the financial impact of these investments by assessing how they contribute to revenue growth, cost savings, or market expansion.

Profit calculation: Net profit derived from the targeted products or services after accounting for costs.

The formula is as follows: Growth in profit (%)=(Profit in current year - Profit in previous year) / Profit in previous year )×100

The investment scope includes expenditures on R&D, product development, marketing, or service improvements supported by the Grants.

The estimate should be made for a full year in the final year of implementation.

Key Information

Unit of measurement

Annual number

Example Data Source

Certified yearly balance sheets PP records

Customizable

No

Programme Areas and Funds

PA02