Funding for innovative startups and SMEs: NEOTEC

NEOTEC is a grant program that funds the start-up of new business projects that require the use of technologies. This is funding for innovative startups and SMEs that base their business strategy on the use of technologies.

· The NEOTEC grant program aims to support the creation and consolidation of technology-based companies.

· NEOTEC is a grant program that funds the start-up of new business projects that require the use of technologies.

Funding for innovative startups and SMEs

Are you an innovative startup or SME? Is your business strategy or activity based on the development of your own technology for the exploitation of products or services? If so, you meet several requirements necessary to be eligible for NEOTEC grants.

History of the program

The NEOTEC program was created in 2002 as a loan program to innovative companies with the granting of repayable grants of up to 250,000 euros..

The repayment of these loans was conditioned on the generation of positive cash flow by the beneficiary company. This type of NEOTEC aid was in effect until 2014, when the program was rethought and transformed from loans to grants.

Objective of the NEOTEC grant program

The objective of NEOTEC remains the same, finance and support Spanish startups and SMEs whose objective is the creation and consolidation of technology-based companies. Financing the start-up of new business projects that require the use of technologies.

Requirements to apply to the call· To be one innovative startup or SME, established at most in the 3 years prior to the closing date of the call, and at least 6 months earlier. · Have a minimum capital, or share capital plus issuance or assumption premium, of 20,000 euros. This amount must be fully disbursed and registered in the register before the application is submitted.

Budget of the call

NEOTEC has a maximum budget of €20,000,000 financed from CDTI's own funds.

How to prepare an application for NEOTEC public aid?

From Intelectium we take care of the comprehensive management of the entire process to obtain a grant NEOTEC, from the preparation of the material, submission of the application and follow-up to obtaining funding for the startup. Our success rate in accessing this type of funding is one of the highest in the sector.Contact us hither and receive support to finance your startup.