Through the IVF (Institut Valencià de Finances), startups and SMEs in the Valencian Community can access different lines of funding that allow them to boost their business activity.
Find out which line best fits your company's needs.
El Institut Valencià de Finances offers different instruments, including: participatory loans and subordinated loans, ordinary loans and access to venture capital funds for innovative and technological startups and SMEs.
IVF participatory co-investment loans
Beneficiaries: Recently created companies with headquarters, establishment or branch of production or business development in the Valencian Community.
Type of help: Loans of between €75,000 and €300,000.
- Amortization period: 7 years, at most, with a maximum grace period of up to 3 years.
- Interest rate: To be determined based on the Euribor and the financial margin for the year.
Main requirements:
- Be at least 4 years old.
- Not be listed in any organized market.
- Have been in the market for less than 7 years, since the first commercial sale
- Have at least one worker in the Valencian Community.
- Be up to date with Social Security and Treasury obligations.
- Do not be in a situation of companies in crisis.
The IVF implements this line in collaboration with the so-called “* financial intermediaries”, who must identify, select and submit to the IVF the investments subject to funding. *List of accredited financial intermediaries: http://www.ivf.gva.es/es/feder/intermediarios-financieros
Reactive Feder
Beneficiaries: Startups and SMEs, regardless of the sector of activity, that have an establishment or branch for production or development of the activity in the Valencian Community.
Type of help: Loans with a grant tranche of up to 30%.
- Amount: Between 20,000 and 5,000,000, depending on the type of transaction (investment or working capital) and the type of beneficiary.
- Amortization period: Between 4 and 10 years for investment transactions and between 2 and 4 years for working capital transactions.
- Interest rate: 2.03%.
- Opening fee: Up to 1% of the nominal value of the loan.
Main requirements:
- Have a minimum seniority of two years and one worker, at the date of application.
- Be aware of compliance with tax obligations.
Purpose of the projects:
- Expansion and renovation of facilities, machinery and equipment.
- Acquisition of business shares
- Own acquisition or development of intangible assets.
- Sustaining the company's working capital.
IVF general funding line
Beneficiaries: Startups and SMEs, regardless of the sector of activity, that have an establishment or branch for production or development of the activity in the Valencian Community.
Type of help: Loans starting at €20,000. The maximum amount of aid will be determined according to the type of operation and the type of beneficiary, with the following limits being established:
- In investment transactions: 200,000€ for the self-employed, 500,000€ for microenterprises, 2 M€ for SMEs and 5 M€ when you have a workforce of between 250 and 3,000 workers or 10 M€ when you exceed the figure of 3,000 workers.
- In working capital transactions: 50,000€ for the self-employed, 200,000€ for microenterprises, 1 M€ for SMEs and 5 M€ when you have a workforce of between 250 and 3,000 workers or 10 M€ when you exceed the figure of 3,000 workers.
- Amortization period: Between 4 and 10 years for investment transactions and between 2 and 4 years for working capital transactions.
- Interest rate: Euribor + a risk margin depending on the applicant's credit category.
- Opening fee: Up to 1% of the nominal value of the loan.
Main requirements:
- Have at least one employee, when the applicant is a commercial company.
- Be aware of compliance with tax obligations.
Purpose of the projects:
- Expansion and renovation of facilities, machinery and equipment. - Sustaining the company's working capital.
Subsidized financing for large distributors of agricultural products
Beneficiaries: Large distributors of agricultural products that have at least one establishment, production branch or business development branch in the Valencian Community.
Type of help: Loans of up to 5 M€, with up to a 10% bonus.
- Amortization period: Between 5 and 10 years. With up to 2 years of grace period.
- Interest rate: Euribor + 1%.
Main requirements:
- Operate with the CNAE code 4631.
- To be a great company.
- Be at least 5 years old.
- Be aware of compliance with tax obligations.
Purpose of the projects:
- Expansion and renovation of facilities, machinery and equipment.
- Acquisition of business shares.
- Own acquisition or development of intangible assets.
IVF subsidised line invests large industrial company
Beneficiaries: Large industrial companies, with headquarters, establishment or branch of production or development of activity in the Valencian Community.
Type of help: Loans of up to 5 M€ for any company with a CNAE between 10 and 33 and of up to 10 M€ for companies producing chips and enamels or manufacturing ceramic tiles and companies with high energy consumption. The loans will have a grant tranche (non-refundable) that will reach up to 10% for investment operations and up to 5% in the case of working capital financing operations.
- Amortization period: Between 5 and 10 years, with up to two years of grace period, for investment transactions and between 2 and 4 years for working capital transactions.
- Opening fee: 10,000€ for transactions of up to 2 M€ (when the applicant is part of a business group, the commission will increase to 12,500€). And from 15,000€ for transactions with an amount greater than 2 M€ (when the applicant is part of a business group, the commission will increase to 20,000€).
- Interest rate: 3.03%.
Main requirements:
- Operate in group C “Manufacturing Industry”.
- To be a great company.
- Be aware of compliance with tax obligations.
