Company Requirements
To be able to apply for this financing line, your company must meet the following requirements
- Be a company of any size (micro, small, medium, small-to-medium-cap, or large) with tax domicile in Spain.
- An SME is defined as a company with fewer than 250 employees and an annual turnover of up to 50 million euros or an annual balance sheet total of up to 43 million euros.
- Small company: fewer than 50 employees and up to 10 million euros. Microenterprise: fewer than 10 employees and up to 2 million euros.
- Small mid-cap company: not an SME, up to 499 employees and up to 100 million euros in revenue or 86 million euros in total assets.
- Have a facility or workplace in the provinces of León or Palencia where the project will be carried out.
- All personnel assigned to the project must be registered with Social Security at a workplace in León or Palencia.
- For projects involving effective collaboration: at least two independent companies from León and/or Palencia must participate, with at least one of them being an SME.
- The following are excluded: joint ownership entities, public companies, general partnerships, associations, technology centers, foundations, public administrations, and, in general, nonprofit organizations.
- Excluded sectors and activities: decommissioning or construction of nuclear power plants; tobacco; investments in fossil fuels; landfills and mechanical-biological treatment plants; incinerators; desalination plants.
