Loan

Entity
Sociedad Regional de Promoción del Principado de Asturias
Geographical coverage:
Asturias
Country
Asturias
Type
Description
"The call finances startups in the development and validation stage of the business model, minimum viable product / service (Phase I) and startups in the growth stage that have already demonstrated market traction (Phase II). "
Maximum Grant:
"100,000.00€ (Phase I) 200,000.00€ (Phase II)"
Active / Non-Active:
Non-Active
Specific focus on Blue Economy mentioned?
no
Observations:
Deadline for 2nd call 2022: 09/12/2022. Calls for 2023 shall be monitored by interested startups.
Web
https://www.cofides.es/system/files/2022-04/FolletoCorporativoCofides2022INGLES.pdf
Entity
COFIDES
Geographical coverage:
International
Country
Spain
Type
Description
"COFIDES has specific financing lines based on the company's activity abroad: Fund for foreign investment operations of small and medium-sized enterprises (FONPYME) Fund for investments abroad (FIEX) SME Invest Financing Line (Lines for SMEs in productive investments and commercial implementations) Financing of investment projects of companies with subsidiaries abroad CRECE+INTERNACIONAL) Private investment financing mechanism in ACP countries (European Financing Partners EFP) Sustainable Development: Blending is a financing instrument that combines a non-reimbursable contribution from the European Union with reimbursable financing mobilized by COFIDES. This financing can be complemented with contributions from other national and multilateral financial institutions, from the private sector or from the beneficiary country itself. Companies can present a project to COFIDES once they have identified the country or region, the sector, the amount and the impact on the development of the project area. COFIDES, as an accredited entity, will be the interlocutor between the EU and the company, being in charge of the entire process. Climate Change Mitigation and Adaptation: The Green Climate Fund (GCF) is a United Nations initiative to finance climate change adaptation and mitigation projects in developing countries. Its objective is to help developing countries limit or reduce their greenhouse gas (GHG) emissions and adapt to climate change, promoting a paradigm shift towards low-emission and climate-resilient development. 43 countries (including Spain) have committed to making contributions to the GCF for a total amount of 10,210 million USD. As with the EU blending funding, The Green Climate Fund also works with accredited entities to channel available resources to finance projects and programs in the public and private sectors. COFIDES is an accredited entity and can lead climate change mitigation and adaptation projects within the framework of the GCF."
Active / Non-Active:
Active
Specific focus on Blue Economy mentioned?
no
Entity
Ministry of Industry, Commerce and Tourism, EOI
Geographical coverage:
Spain
Country
Spain
Type
Description
"Objective: Aid for industrial research and experimental development projects, as well as innovation projects in terms of organization and processes that contribute to the digital transformation of industrial companies and the improvement of their environmental sustainability as a result of their digitization. Beneficiaries: Companies with their own legal personality, legally constituted in Spain and duly registered in the corresponding registry, regardless of their size, that have been carrying out an industrial activity for a period of at least three years counted until the application deadline date. and are not part of the public sector Endowment: €140,000,000 distributed as follows: Loan: €100,000,000 Grant: €40,000,000 Characteristics of the loans: Loan amount: the amount resulting from the application of the percentages and intensity limits. Amortization period: the amortization period of the part of the aid granted in the form of a loan will be as follows: in the projects included in the Active-SME line, five years, of which two will be grace periods; in the projects encompassed in the Active-Large Implementations line, ten years, of which three will be grace periods. Application interest rate: the applicable interest rate will be 0%. The amortization method will follow the following system: the principal amortization installments will be annual and of the same amount, and must be paid once the grace period has ended. Subsidy limit: The total financing to be granted, nominal loan plus subsidy, will be a maximum of 80% of the eligible budget. The amount of aid to be granted in the form of a grant will be at most: 50% of the eligible budget in the case of small businesses. 20% of the fundable budget in the case of medium-sized companies. 5% of the fundable budget in the case of large companies Thematic priorities: Interconnection platforms for the company's value chain, Solutions for advanced data processing, Artificial intelligence solutions, Industrial simulation projects, Design and additive manufacturing, Augmented reality, virtual reality and artificial vision projects, Robotics collaborative and cognitive and Sensory. Lines of action: Activa-Pymes: Projects carried out by small and medium-sized companies, framed in the thematic priorities established in any of the types of projects detailed in the section on type of projects. Active-Large implementations: Projects carried out by any type of company that may be a beneficiary framed in industrial research projects, experimental development projects, innovation projects in terms of organization or innovation projects in terms of processes."
Active / Non-Active:
Active
Specific focus on Blue Economy mentioned?
No
Entity
ENISA
Geographical coverage:
Spain
Country
Spain
Type
Description
"Beneficiaries: Aimed at entrepreneurs, SMEs and startups with corporate form in the Spanish territory, from any activity sector, except real estate and finance, who have a balanced economic-financial situation. Enisa does not offer aid or subsidies. It only offers financing in the form of loans (mostly participatory loans). It is a debt instrument. Help mode: Participative loan of between €25,000 and €1,500,000 (depending on the ENISA line) that covers the financial need of the company with the following conditions: Interest rate (fixed + variable): Fixed: EURIBOR + 3.75% (except young entrepreneurs where the spread is 3.25%). Variable: profit for the year before taxes / average own funds, with a maximum limit established according to the rating of the operation and up to 8% (except young entrepreneurs and entrepreneurs, where the maximum limit is 6%) Opening commission: 0.5%. Early repayment commission: equivalent to the amount that the amount repaid early would have accrued as a second tranche of interest, if it had occurred in the terms initially planned. Help Sensitive Concepts: The acquisition of fixed assets and working capital necessary for the activity is financed. Collection of aid: At resolution (4-5 months after presentation). The average response time and processing of a project is 60 days. Submission period: Open all year."
Maximum Grant:
1,500,000.00€
Active / Non-Active:
Active
Specific focus on Blue Economy mentioned?
no
Entity
"Instituto Vasco de Finanzas "
Geographical coverage:
Basque Country
Country
Spain
Type
Description
"Maintaining the objective of the Basque Government to facilitate access to financing for the Basque business fabric, a new line has been set up through the Basque Institute of Finance (IVF) that allows SMEs and MIDCAP to respond to liquidity needs and enable the investment rush. The programme is addressed to companies, individuals or legal entities with a maximum number of 3,000 employees from the Basque Country. Financing operations will have the following characteristics: Instrument : Loan approved by the Basque Institute of Finance in favor of the beneficiary company. Credit amount : up to a maximum of 12.5 million euros, with a maximum of 100% of the cost of the eligible project in the case of projects of up to 25 million euros, and for MIDCAP projects of a higher amount with a maximum of 50 million, IVF will be able to finance up to 50% of the needs. Disposals of funds : The dispositions of funds will be total and immediate upon signing the contract. Term : The maximum maturity term of the financing will be a minimum of two years and a maximum of ten years. Grace period: Maximum of 24 months. Amortization : The return will be made by paying identical installments of principal, plus the corresponding accrued interest. Early repayment will be exempt from penalty. Interest rate : Variable, referenced to Euribor. Guarantees : An SGR guarantee or other guarantees may be required in favor of the IVF. Commission : A maximum commission per request or formalization of 0.50% of the amount requested or granted may be passed on.  "
Maximum Grant:
LOAN: 12,500,000 €, with a maximum of 100% of the eligible project cost, and in the case of MIDCAP, up to 50,000,000 €.
Active / Non-Active:
Active?
Specific focus on Blue Economy mentioned?
no
Entity
Grupo SPRI, Agencia Vasca de Desarrollo Empresarial / Gestión de Capital Riesgo del País Vasco
Geographical coverage:
Basque Country
Country
Spain
Type
Description
This programme supports the promotion of Industrial SMEs or that are related to the Industry and have a Technological and/or Innovative Base , with the purpose of increasing their impact on technological development and innovation that takes place in the Basque Country. Energy, Advanced Manufacturing and Bioscience or Biohealth are highly prioritsed.
Maximum Grant:
200,000.00€
Active / Non-Active:
Non-Active
Specific focus on Blue Economy mentioned?
no
Observations:
Interested startups shall monitor 2023 call.
Entity
Official Credit Institute
Geographical coverage:
Spain
Country
Spain
Type
Description
"The Official Credit Institute is a public business entity attached to the Ministry of Economic Affairs and Digital Transformation. Clients: Self-employed, entrepreneurs and all types of companies, both Spanish and foreign, that wish to carry out business activities and/or investments, cover liquidity needs or expenses within the national territory. Digitization projects and, in particular, those aimed at promoting teleworking solutions included in the Acelera Pyme program. Individuals and communities of owners who wish to rehabilitate their home or building. Maximum amount : up to €12.5 million per client and year, in one or more operations. Fundable items: The financing may be used to develop investment projects and/or the general needs of the activity, among others, liquidity needs such as current expenses, payroll, payments to suppliers, purchase of merchandise, etc. technological needs Acquisition of new or second-hand fixed assets. Passenger and industrial vehicles Adaptation and reform of facilities Acquisition of companies. Rehabilitation or reform of buildings, common elements and homes (VAT or similar taxes included) in the case of communities of owners, groups of communities of owners and individuals. Interest rate: fixed or variable. If the operation was formalized at a variable interest rate, it will be reviewed every six months by the Credit Institution in accordance with the provisions of the financing contract. Commissions The credit institution may charge a single commission at the beginning of the operation. In addition, a voluntary early repayment commission may be applied, which, in general, will be 1% of the amount canceled when the operation has been formalized at a fixed rate. When it has been formalized at a variable rate, a maximum commission of 0.50% will be applied, depending on the residual life of the operation on the amortization settlement date. Guarantees: The Credit Entity may request the guarantees it deems appropriate, except endorsement by the SGR or SAECA."
Maximum Grant:
12,500,000.00€
Active / Non-Active:
Active
Specific focus on Blue Economy mentioned?
no
Entity
GAIN (Galician Agency for Innovation)
Geographical coverage:
Galicia
Country
Spain
Type
Description
Within the GAIN aid, there are IFI INNOVA loans, which have the objective of intensifying support for Galician micro, small and medium-sized companies in financing new innovative projects.The R+D+i projects developed with the aim of improving the company's competitive position will have the status of financeable projects. The R+D+i projects must be included in the following TRL 5,6,7 or 8 (Technology Readiness Levels) , referring to the level of maturity of a technology.
Maximum Grant:
500,000.00€
Active / Non-Active:
Non-Active
Specific focus on Blue Economy mentioned?
no
Observations:
Applications closed in 2022. Interested startups shall monitor GAIN Grants 2023.
Entity
Brittany Region
Geographical coverage:
Bretagne
Country
France
Description
This aid aims to support innovative digital products and services applied to specific sectors in Brittany. Based on Brittany S3 and with the support of Brittany's technology parks, the aim of the INNO Expérimentation scheme is to facilitate the implementation of experimentation projects for innovative digital products and services applied to strategic regional sectors.
Maximum Grant:
"Grant: 50,000.00€ Loan: 15,000.00€"
Active / Non-Active:
Active
Specific focus on Blue Economy mentioned?
No
If focus on Blue Economy: explanation
However, conditioned by Brittany Region RIS3, which includes Blue Economy priorities
Name:
Entity
Brittany Region
Geographical coverage:
Bretagne
Country
France
Description
This aid aims to support companies from Brittany in carrying out innovation programmes with a view to commercialisation. Priority will be given to projects carried out within the framework of a global innovation approach, and most often with the objective of diversification and to those addressing challenges formulated by the Region within the "Breizh COP" and in particular its roadmaps: "Eating well for all", energy and climate, responsible digital, solidarity-based and de-carbonized mobility, preservation and development of biodiversity and resources.
Maximum Grant:
50.000,00€
Active / Non-Active:
Active
Specific focus on Blue Economy mentioned?
Yes
If focus on Blue Economy: explanation
priority on sustainable projects and projects addressing the objectives of Breizh Cop, among them: " Obj.8: make the sea a lever for the economy and employment"