Funding for innovative startups and SMEs
Financing for startups and SMEs that create or develop a significant improvement of a production process, product or service in collaboration with state-level Technology Centers.
The aid aims to promote R&D in projects that demonstrate a differential technological aspect of existing technologies in the market.
It is a partially refundable aid with coverage of up to 85% of the total budget. This is a current loan with a non-refundable stretch (TNR), this stretch is comparable to a lost fund subsidy.
Projects must have at least a share of 10% of the approved project by one or more technology centres.
Features of the Cervera Program
Loan + Grant
startups and innovative SMEs
Project in collaboration with one or more state-level technology centres
The minimum financeable budget is 175,000 euros.
A 5% guarantee will be requested on the refundable tranche granted.