Find out what requirements you must meet to be able to request more than one Enisa.
A startup can apply for multiple ENISA loans, as long as it meets the specific requirements for each type of loan and has demonstrated adequate use of the funds previously received. The latter is key and is one of the most important aspects that entrepreneurs without experience in making requests to this body most overlook.
ENISA's quantitative evaluation focuses on analyzing 7 historical but also projected economic and 5 financial ratios of the company. If the financial projections presented in the application for a first loan are excessively optimistic and then not met, a new loan application to ENISA will be subject to greater rigor in the evaluation. ENISA will carefully analyze the real performance of the company and the discrepancy between the initial projections and the results obtained. This could decrease confidence in the company's ability to plan and execute its strategies, which in turn could negatively affect the ability to receive a new loan. Therefore, it is crucial to present realistic and substantiated projections to maintain a relationship of trust with the body.
In addition, the granting of new loans is subject to the agency's assessment of the viability of the project, the effective use of previous funds and the company's ability to meet its payment obligations. Therefore, although there is no explicit limit on the number of loans a startup can apply for, each request is evaluated independently and must justify the need for new funding.
We help you get help from Enisa
If you want to assess whether the different Enisa lines can fit your company or project, we can advise you without obligation. At Intelectium, we work under a successful model in obtaining public aid. We help you to identify which grants are the best fit for you and to prepare all the necessary documentation to carry out the procedure correctly until you obtain funding. You can contact us through our form or by sending an email to comunicacion@intelectium.com
