By applying these changes, SMEs will be able to finance, on a non-refundable basis, up to 15% more of the budget, compared to past calls.

LIC News

The LIC Grant Program, or also known as the Innovation Hotline, is focused on financing technological innovation projects, carried out by companies with a medium/low technological risk, with ease of achieving the expected objectives, both technical and commercial. It is usually differentiated from the PID Program, CDTI Research and Development Projects, because it does not require such an advanced degree of innovation and the project to be developed may be the implementation of technologies already developed by third parties, which, adapted to the company, can lead to an improvement in its efficiency and results.

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As for the financial developments that have been applied to this line, we find the following:

• The fixed interest rate has changed: One-year Euribor + 0.75% (with 4-year amortization) or one-year Euribor + 1.50% (with 6-year amortization). Previously, the fixed interest rate was Euribor at one year + 0.2% (with amortization at 2 years) or Euribor at one year + 1.2% (with amortization at 6 years).‍
• The grant part of the aid has been increased: The Non-Refundable Arrangement is calculated on a maximum of 75% of the approved budget, for CDTI Funds 4% and for ERDF Funds 7%. Previously, the maximum grant was 5%, so there has been an increase of 2 percentage points.

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If you want to continue expanding your knowledge of this line of public funding, you can discover all its characteristics through our specific LIC article‍

https://intelectium.com/lic-cdti/

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LIC A News

The LIC A grant program, or also known as the CDTI Expansion Direct Line, is intended to promote new investment in assets in companies located in certain regions of the national territory, characterized by being in more disadvantaged areas and/or experiencing economic problems.

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As for the specific financial developments of this aid, we found the following:

• The fixed interest rate has changed: One-year Euribor + 1%. Previously, the fixed interest rate was Euribor at one year + 0.5%.‍
• The grant part of the aid has been extended: The Non-Refundable Arrangement is calculated on a maximum of 75% of the approved budget, for CDTI Funds 10% and for FEDER Funds 15-25%. Previously, the maximum grant tranche was 5% for CDTI Funds and 10% for ERDF Funds.

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If you want to continue to expand your knowledge of this line of public funding, you can discover all its characteristics through our specific LIC A article[

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https://intelectium.com/cdti-lic-a-linea-directa-expansion/

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‍Do you need help processing the LIC or LIC A request?Unlike other consulting firms, we operate 100% successfully, meaning that we are at risk and we only charge when the entrepreneur obtains funding. If you want to evaluate your fit for the LIC and LIC A lines, contact us hither and receive support to finance your startup.