Through the Cervera Funding Program, the Ministry of Science, Innovation and Universities together with the Center for Industrial Technological Development (CDTI) offer uninterrupted funding for innovation projects in small and medium-sized companies and technology centers.
Type of funding
Current loan with a non-refundable tranche (TNR) of up to 33% of the aid granted, calculated on 75% of the total approved budget; comparable to a non-refundable grant.
The maximum aid intensity will be 85% of the total fundable budget.
Main features
- Fixed interest rate: 1-year Euribor.
- Return period: Between 7 and 10 years, including a grace period of between 2 and 3 years.
- Required guarantee: 5% on the refundable tranche.
- Advance payment: 35% of the total granted, as long as this does not exceed the maximum limit of 250,000€. The beneficiary companies will receive the rest of the funding in tranches and depending on the milestones defined in the project.
Beneficiaries
Small and medium-sized enterprises (SMEs) and mid-cap companies (MIDcaps) with tax address in Spain.
Main requirements
To be eligible for aid, projects submitted to the CDTI Cervera Program must:
- Have the participation of one or more technology centers (at the state level) or “Cervera” Technological Centers of Excellence of at least 10% of the approved project.-Justify a minimum fundable budget of 175,000€.
- To have a duration between 12 and 36 months.
- Get involved in any of the Priority technologies previously defined:
- Deep Learning and Artificial Intelligence,
- Eco-Innovation, -Intelligent Manufacturing,
- Technologies for health,
- safe and healthy food chain,
- Advanced mobile networks, -Advanced materials,
- Intelligent transport and information protection.
Eligible Projects
Individual research and business development projects carried out in collaboration with State-wide Technology Centers that involve a significant improvement of a production process, product or service and demonstrate a technological differential aspect over existing technologies in the market.
Eligible costs
Expenses for personnel, instruments, materials, research, knowledge and patents, consulting costs and equivalent services, and general project expenses.
Projects that are beneficiaries of aid from the CDTI Cervera Program have the possibility of obtaining a binding “ex ante” motivated report after formalizing the Cervera loan to qualify the nature of the project, allowing them to benefit from tax deductions for R&D.
Intelectium success story from the Cervera Program of the CDTI
Voctro LabsIt is a technology company founded in 2011, specializing in the development of voice solutions for creative industries. The team of Voctro Labs has managed, through the funding obtained, to develop successful projects based on algorithms and intelligence to position itself as one of the main competitors in the voice cloning market.
At Intelectium, we are experts in applying for and managing CDTI grants. If you have a business research and development project, please contact us so that we can assess your fit with the CDTI Cervera Program for innovation projects, at the following address: comunicacion@intelectium.com.
