The BOOST program is a financial assistance scheme introduced by the Collectivité of Saint-Martin to support the development, modernization, and competitiveness of very small and medium-sized businesses across the territory. Its objective is to strengthen companies’ production capacity, encourage technological advancement, improve productivity, and promote job creation.
This investment support program is available to businesses established in Saint-Martin, registered with either the Trade and Companies Register or the Trades Register, carrying out their investments within the territory and compliant with their tax and social security obligations.
Eligible expenses include productive, depreciable investments excluding real estate, such as machinery, professional equipment, production tools, software, licenses, and patents. The investment project must represent a minimum expenditure of €5,000.
The Collectivité may cover up to 30% of eligible expenses, with a maximum grant of €15,000 per company. As part of Saint-Martin’s economic recovery strategy, the BOOST program enables businesses to complement their own and bank financing in order to carry out modernization projects and strengthen their competitiveness.
Businesses wishing to apply can submit their application through the Collectivité’s One-Stop Grant Portal.