Financing startups Madrid

In today's article, we show you the different funding channels available for startups based in Madrid.

In order to show the grants for startups in Madrid, we have researched what they are the main public institutions that promote entrepreneurship in the Community of Madrid.The financial institution Madrid Endorsement offers grants for Startups and SMEs based in the Community of Madrid, in the form of a bank loan in which it acts as a guarantor to financial institutions. Aval Madrid has the support of the Community of Madrid to promote and promote the growth of startups and SMEs in Madrid, acting as a guarantor to financial institutions to obtain loans with advantageous conditions. It has multiple lines aimed at facilitating the financing of exporting companies, the internationalization of companies and technological projects, among others. Through the Aval de Aval Madrid, startups and SMEs in Madrid can access financing from credit institutions with the best market conditions (with preferential interest rates, long payment terms, minimum costs...).What type of financing does AvalMadrid offer?

Investment:Through the guarantee offered by AvalMadrid, companies access financing under the best market conditions (long terms, minimum costs and preferential interest rates), with the option of financing up to 100% of the investment. - Type of funding: Real Estate Leasing Leasing Loan. - Beneficiaries: Self-employed workers and SMEs that carry out their activities and investments in the Community of Madrid, preferably.

Working Capital - Impulsa Pyme Plan:AvalMadrid's Impulsa SME Plan offers financial products adapted to the possible liquidity and/or working capital needs of medium and small companies in Madrid, with better interest rates and better terms.

- Realizable investments: Credit Policies Treasury Loan. - Beneficiaries: Self-employed workers and SMEs active in Madrid.

Guarantees against third parties - Public Administrations:This line of funding helps self-employed workers in Madrid and SMEs to obtain security or guarantee to submit to central and regional administrations, public bodies or institutions of central administrations by requesting a guarantee or subscribing to a line of guarantees, with a pre-set limit.

- Type of funding: Monoaval Various guarantees Lines of guarantees. - Beneficiaries: Self-employed workers and SMEs that need to provide guarantees in the face of commitments made with public bodies and administrations.

Specific lines - Self-employed Plan:Funding is generally one of the areas of greatest concern for the self-employed.

- Type of funding: Leasing Credit Loan. - Beneficiary: Self-employed people who carry out the investment and their activity in Madrid.

National grants for startupsStartups based in Madrid can also access to apply for grants from the main national funding lines.Enisa: Participatory loans for startups and SMEsTo be able to request a Enisa the company must be an SME, small and medium-sized enterprise, or a startup domiciled in Spain with an innovative project seeking funding. ENISA has three lines of funding:

- Enisa Young entrepreneurs: Up to 75,000 euros for projects led by entrepreneurs under 41 years of age.- Enisa Entrepreneurs: Up to 300,000 euros for projects less than 24 months old, with no age limit on the part of investors.- Enisa Growth: Up to 1.5 million euros for startups and growing SMEs, there is no seniority limit for society or for entrepreneurs.

CDTI ProgramsEl CDTI o Center for Industrial Technological Development is the instrument of the General State Administration that manages, subsidizes and internationalizes business R&D projects.Neotec ProgramThe program Neotec This is a call for applications for newly established and technology-based startups. The beneficiaries are small companies with less than 3 years and more than 6 months of existence, with a minimum written capital of €20,000 and that can demonstrate their innovative nature.Cien Program The program ONE HUNDRED supports R&D projects developed in collaboration by business groups and aimed at planned research in very strategic areas with a potential for international projection.Research and Development Program (PID) The objective of the PID is the creation and significant improvement of a process, service or product, comprising experimental development and industrial research activities. Cervera Transfer ProgramThe program Cervera finance startups and SMEs that create or develop a significant improvement of a production process, product or service in collaboration with State-wide Technology Centers. This is partially reimbursable aid with coverage of up to 85% of the total budget.Horizon 2020: European funding for intensive R&D projectsThe objective of Horizon 2020 is to finance research and technological development and innovation (R+D+i) activities. Beneficiaries can be any type of entity from member States of the European Union, although it also includes the participation of organizations from other countries. Horizon 2020's best-known funding lines are the SME Instrument Phase II and Fast Track to Innovation (FTI).Do you want to know about all the existing grants? Click hither to learn about the main existing funding lines for startups in Spain.