Company Requirements
To be able to apply for this financing line, your company must meet the following requirements
- Be a SME validly established at the time of application:
- Small enterprise: Employ fewer than 50 employees and have an annual turnover or annual balance sheet of less than 10 million euros.
- Medium enterprise: Employ fewer than 250 employees and have an annual turnover not exceeding 50 million euros or an annual balance sheet not exceeding 43 million euros.
- Have at least one work center in the Community of Madrid from which the subsidized activities are carried out and regularly engage in an economic activity directed at the market.
- Document its status as a non-technological SME belonging to traditional sectors, not a technology producer and whose business model is not based on the development and intensive use of technology. This requirement must be evidenced with the application and maintained throughout the execution of the project.
- Must not engage in activities in the following sectors and CNAE-2009 (full exclusion, all divisions, groups and classes):
- Section G: Wholesale and retail trade; repair of motor vehicles and motorcycles.
- Section K: Financial and insurance activities.
- Section L: Real estate activities.
- Section J (Information and communications) is NOT excluded across the board. Companies in divisions 61 (Telecommunications), 62 (Programming, consultancy and other computer-related activities) and 63 (Information services) are excluded only from Action 10 (development and/or integration of new software). They remain eligible for all the other subsidizable actions.
- Companies in the sectors excluded from the scope of de minimis Regulation (EU) 2023/2831 (among others, fisheries and aquaculture and primary production of agricultural products) are also excluded.
- Cannot be beneficiaries:
- Young innovative technology-based companies (start-ups or spin-offs): unlisted small enterprises incorporated as a commercial company within the 5 years preceding the application, which have not distributed profits and do not arise from a merger.
- SMEs belonging to commercial sectors.
- Individuals, associations, foundations, non-profit entities, civil societies, and communities of goods.
- Public entities and companies with their own legal personality, linked to or dependent on Public Administrations, and bodies created to meet needs in the general interest that are mainly financed or controlled by the public sector.
