Grants for startups and industrial SMEs 2021

In Spain, the main challenge for industrial startups is, together with internationalization, their digitalization.

At the national and regional levels, there are various financing options that industrial companies, regardless of their size, can access for the purpose and effect of developing innovation projects and improving production processes.

The calls that remain open are included in the following list:

Nacional

Grant program for energy efficiency actions in SMEs and large companies in the industrial sector.

  • Organism: IDAE
  • Beneficiaries: SMEs and large companies in the industrial sector and energy service companies.
  • Type of help: Grants of 30, 40 and 50% of the total eligible investment for large, medium and small companies, respectively.
  • Main requirements: In the case of projects framed in type 1 (for the improvement of industrial processes), they must have a minimum budget of 75,000€. Projects that fall under type 2 (for energy management systems) must have a minimum budget of €30,000.
  • Eligible concepts:
  1. Costs derived from legalizing the facilities and obtaining the required licenses.
  2. Costs of preparatory studies.
  3. Cost of the auditor's report.
  • Eligible projects: Projects to improve energy efficiency (involving a reduction in CO2 emissions and final energy consumption). Final energy supply to the industry.
  • Deadline for submitting applications: 30/06/2023.

Fund to Support Productive Industrial Investment (FAIIP)

  • Organism: Sepides
  • Beneficiaries: Commercial companies and private cooperative societies, which develop or are going to carry out a productive industrial activity and industrial services, regardless of their size.
  • Type of help:
  1. Ordinary loans.
  2. Participatory loans.
  3. Temporary and minority equity participation.
  4. Mixed formulas.

The maximum funding intensity to be received by the beneficiary companies will be 75% of the total bankable project, with a minimum amount of 200,000€ and a maximum of 60M euros.

  • Main requirements:
  1. Have a registered office or effective establishment in Spain.
  2. Belong to the private sector.
  3. Develop a productive industrial activity and industrial services.
  • Eligible projects:
  1. Creation of industrial establishments.
  2. Transfer of industrial facilities.
  3. Improvements and/or modifications of production and process lines.
  4. The productive implementation of < <Industria Conectada 4.0>> technologies and actions along the lines oriented to environmental sustainability.
  • Deadline for submitting applications: Open

In addition, companies, at the national level, are eligible for different grants that the CDTI has open aimed at investment projects in innovative technologies or at the substantial improvement of processes, products or services, such as lines LIC and LIC A.

Catalunya

Grants for the financing of investment projects and working capital aimed at boosting the Catalan industry for 2021-2022

  • Organism: ICF
  • Beneficiaries: SMEs and large industrial and related service companies with headquarters or operations in Catalonia, or companies that are new to the territory.
  • Type of help: Loans of between 100,000 and 2M €. In the case of SMEs, the conditions are set out in:
  1. Amounts of between 100,000 and 500,000€ for working capital; with a maximum return period of 5 years, including 1 year of grace period.
  2. Amounts of between 100,000 and 2M€ for investment, provided that this amount does not exceed 80% of the investment. The maximum return period will be 10 years, including 2 years of grace period.

On the other hand, in the case of large companies, the loan conditions are established at:

  1. Amounts of between 200,000 and 1M € for working capital; with a maximum return period of 5 years, including 1 year of grace period.
  2. Amounts of between 200,000 and 3M € for investment, provided that this amount does not exceed 80% of the investment. The maximum return period will be 10 years, including 2 years of grace period.
  • Main requirements: In order to be eligible for loans, companies must meet at least 4 of the following 8 requirements:
  1. To have a production center with a staff of less than 250 workers and with a maximum turnover of 40M € in the last financial year.
  2. Believe that in the last two objectives, sales abroad represent at least 25% of the company's total sales.
  3. Carry out a project that contributes to territorial rebalancing in industrial matters.
  4. Carry out a reindustrialization project in municipalities of productive facilities subject to closure or relocation processes.
  5. Carry out projects aimed at preventing waste generation, reuse, manufacturing and recycling of materials and products.
  6. Promote an investment project that involves the creation or maintenance of employment.
  7. Make an investment that involves an increase in their productive capacity compared to that of the previous year. This increase should be maintained for the next three years.
  8. Make an investment in a new production plant or in product diversification.

In addition, those companies dedicated to production services must prove that the industrial sector represents more than 50% of their turnover.

  • Assessment Criteria:
  1. Technical viability of the project and suitability to the call.
  2. Increase or maintenance of productive capacity.
  3. Creation or maintenance of employment and its quality.
  4. Dynamization of activity in the value chain.
  5. Intensive use of information and communication technologies in their production processes and in the rest of their fields of activity.
  6. Increase in exports.
  • Deadline for submitting applications: Until 31/12/2022.

Aid line for post-COVID-19 industrial reactivation

  • Organism: ADVANCE
  • Beneficiaries: Industrial companies based in Catalonia, with technological and industrial potential.
  • Type of help: Loans, with personal and/or real estate guarantees, of up to 3M euros, convertible into capital (shares or shares) of the beneficiary company.
  • Deadline for submitting applications: Until 31/12/2021.

Principality of Asturias

Regional Economic Incentives Act (LIR).

Asturias Economic Promotion Zone (ZPE)

To promote the development of the least favoured areas of the region.

  • Beneficiaries: Companies whose activity belongs to manufacturing industries and production support services or to tourist establishments and complementary leisure facilities.
  • Type of help: Non-refundable grants with a maximum intensity of 10, 20 and 30%, of the total approved investment, for large, medium and small companies, respectively.
  • Main requirements: To be eligible, projects must:
  1. Have a clear impact on employment.
  2. Have a minimum incentive budget of 900,000€.

The requirements to be met by the beneficiary companies are defined in:

  1. To be technically, economically and financially viable.
  2. Self-finance at least 25% of your approved investment.
  • Eligible actions:
  1. Civil works
  2. Capital goods
  3. Previous studies of the project
  4. Intangible assets
  • Eligible projects:
  1. Creation of a new establishment
  2. Expansion of an existing establishment
  3. Modernization of an existing establishment
  • Deadline for submitting applications: Until 31/12/2021.

SRP: Support line for attracting emerging industries

  • Organism: IDEPA.
  • Beneficiaries: Companies with an innovative project in a phase of expansion and growth and willing to set up their activity within the Asturian territory.
  • Type of help: Convertible participatory loans without guarantees or commissions for a maximum amount of 600,000€, extendable to 1M € in the case of industrial projects. The repayment period for loans is between 4 and 7 years, with a grace period to be assessed depending on the expected evolution of the beneficiary company. The interest will vary depending, in this case, on the economic-financial and technical valuation of the project between Euribor + 3% and Euribor + 5%.
  • Main requirements:
  1. The company must co-finance the investment with an amount of at least 25% of the total investment.
  2. Be feasible from a technical, financial, commercial and business management point of view.
  3. Have an innovative character.
  4. Be at least 3 years old.
  • Deadline for submitting applications: Until 31/12/2021.

Aragon

ITAINNOVA Technology Bonds for SMEs 2021

  • Organism: ITAINNOVA (Technological Institute of Aragon).
  • Beneficiaries: Aragonese SMEs that are developing innovation projects.
  • Type of help: Discounts for contracting technological development, transfer and testing services to ITAINNOVA. In general terms, the discount percentage will be 50% for technological development, technical assistance and/or consulting activities, as long as the amount does not exceed the maximum limit of 15,000€. In the case of testing services, the discount percentage will be 20% with a maximum limit of €5,000.
  • Requirements:
  1. Have a tax address or work center in Aragón.
  2. Be validly constituted as an SME at the date of submission of the application.
  • Deadline for submitting applications: Open.

Castile-La Mancha

Go ahead Investment. For the Promotion of Investment and the Improvement of Business Productivity in Castilla-La Mancha (FIE).

  • Beneficiaries: SMEs in the region.
  • Type of aid: Non-refundable grants of 30% of total eligible investment for micro and small businesses and 20% for medium-sized enterprises. The percentages may be increased by an additional% for projects that meet specific characteristics previously established, under no circumstances may these exceed 35% and 45% of the total eligible investment, respectively.
  • Main requirements: Projects must have an investment budget of between €5,000 and €900,000.
  • Eligible projects:
  1. Creation of a new establishment
  2. Expansion-Diversification
  3. Transformation of an existing establishment
  • Eligible expenses: Those strictly necessary for the development of the subsidized activity. These include:
  1. Terrenos
  2. Urbanization of land
  3. Acquisition of buildings
  4. Civil works
  5. Planning and engineering work
  6. Capital goods, machinery, facilities and tools.
  7. Furniture and appliances.
  8. Computer equipment and programs.
  • Deadline for submitting applications: Open permanently between call and call so that applicant companies can start investing between call and call. The call for the year 2021 ended on 08/04/2021.

More: Active Funding: Grants for R+D+i projects in the field of connected industry 4.0.