The CDTI launches the global innovation line to finance business projects that boost the growth of SMEs through investment in technological innovation.
Beneficiaries
SMEs and companies mid-caps. The investments The foreign operations may be channelled through joint ventures, provided that they consolidate accounts with the Spanish company, or through subsidiaries, branches and establishments abroad.
Fundable investments
- Acquisition of fixed assets new ones related to the innovation to be implemented.
-Outsourcing and subcontracting
-Audit expenses
Other features
-Minimum investment budget667,000 euros.
- Maximum investment budget10,000,000 euros
-Project duration: maximum 24 months.
-Maximum amount of funding75% of total eligible budget
- Interest rateThe interest rate will be calculated on a loan-by-loan basis, taking into account the characteristics of the operation and of the beneficiary following an analysis carried out by the CDTI.
-Repayment term: 7 years
- GuaranteesGuarantees will be requested from financial institutions with sufficient solvency in the opinion of the CDTI for 50% of the loan, which may reach 100% depending on the economic-financial analysis carried out by the CDTI.
-Advances25%, 50% or 75% of the loan up to a maximum of EUR 4 million without additional collateral over and above that already required.
-Disbursementafter justification of the investment project.
- CompatibilityThe loan granted by CDTI through this line is incompatible with any other CDTI funding line for the same project.
-Selection criteriaTechnical and financial capacity, viability of the investment project, contribution of the project to the improvement of the competitiveness of innovative Spanish companies, respect for environmental, social and labour aspects and compliance with their regulatory standards, and contribution of added value to the company in terms of its capacity to access new markets.
If you think that your company can benefit from this aid, do not hesitate to contact us, ABRA INVEST has a team of experts in public financing to help you.
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