Company Requirements
To be able to apply for this financing line, your company must meet the following requirements
- Have fewer than 250 employees.
- Have an annual turnover of less than 50 million euros or a balance sheet of less than 43 million euros.
- Be a company established with its own legal personality.
- Have its registered office in Spain.
- Develop the activity primarily in Spain.
- Have started commercial operations and have market traction, with a solid history of recurring revenue.
- The date of incorporation of the company must be more than 24 months from the date of application.
- At least one woman must hold a relevant leadership or power position within the company (in the shareholding, governing body, or management team), ideally representing more than 20%.
- The business model must be innovative, novel, or have clear competitive advantages.
- Companies from all sectors are eligible, except those belonging to the real estate or financial sector, unless they are technology platforms whose activity consists of connecting, as mere intermediaries, the agents of the real estate or financial ecosystem, as well as those that do not comply with the DNSH principles “Do No Significant Harm” or do not cause significant harm to environmental objectives.
- Partners must contribute, via capital increase or through own funds, an amount equivalent to the amount requested in the loan.
- For requests exceeding 300,000 euros, the financial statements of the last fiscal year must be externally audited.
