Grants for Smart Cities under the National Smart Cities Plan

Integral service around a transaction
BY : Diego GutiérrezJune Mon, 2015
The Ministry of Industry, Energy and Tourism is aware of the benefits of implementing smart cities both for citizens and for the development of ICTs and has decided to launch the National Smart Cities Plan, implementing new measures that will involve the mobilisation of a volume of resources close to €153M. The new Plan reinforces the industrial vocation of these policies and aims to increase the contribution of the industrial sector involved in these projects to GDP, boosting the growth of this industrial sub-sector, the size of its companies and its export capacity.



smarcities2Objectives of the plan:

The plan aims to achieve these 5 objectives:

Facilitating cities in the transformation process towards a smart city.

Carry out projects demonstrating the efficiency of ICTs in reducing costs, improving citizen satisfaction and creating new business models.

Development of the ICT industry applied to smart cities.

Communication and dissemination of the national smart cities plan

Carrying out cross-cutting actions of the plan

Agency participating in the plan:, Segittur, IDAE, SETSI, EOI and AENOR working groups.

Public aid to promote the plan

Among the aid that forms part of the plan, it is important to highlight the following:

Aid for the development and specialisation of smart cities:

RED.ES will launch a call for projects which, due to their originality of approach, systematise new approaches or provide them with sufficient dimension to favour a rapid industrial development.

According to the smart cities plan, the €44M call for proposals will be published in the second half of 2015.

Aid for the development of new business models based on efficiency improvements brought about by the use of technology.

 The aim of these grants is to promote the emergence and dissemination of business models that make it possible to quantify and maximise the savings derived from the intelligent use of technology.

Setsi and will launch a €40M call for proposals in March 2016, providing loans on advantageous terms for projects with a business model that meets the requirements set out in the National Smart Cities Plan. The selected projects must be able to finance themselves entirely within the loan repayment period.

R&D support for smart cities

Grants will also be published for companies to promote innovative ICT developments that can be implemented in smart cities and tourist destinations. These grants will be developed within the framework of the AEESD (SETSI) and will be published in September 2015.


You can access the full national smart cities plan through this link link.

If you are interested in these grants, please contact us. ABRA-INVEST has a team of experts at your disposal.

The M&A Professionals

Meet our services



Do you want to be up to date?


Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?