Company Requirements
To be able to apply for this financing line, your company must meet the following requirements
- Be a society constituted with its own legal personality, specifically: commercial companies and cooperative societies.
- Excluded entities: public law entities, public universities, autonomous organizations, public enterprises, public commercial companies, public foundations, and companies in which these are majority shareholders.
- Have at least one operational establishment, production branch, or activity in the Valencian Community.
- Have fewer than 250 employees.
- Have an annual turnover of less than 50 million euros or a total balance sheet of less than 43 million euros.
- The date of establishment of the company must be more than 2 years prior to the date of application.
- Have at least one employee on staff or an active corporate self-employed individual.
- Eligible companies are those in the following sectors, according to the CNAE: CNAE 10, 11, 46.2, and 46.3, corresponding to the agri-food manufacturing industry and the wholesale trade of agricultural and agri-food products. (In case the beneficiary develops other additional activities excluded from this call, they may still be a beneficiary as long as they ensure the separation of activities and the distinction of costs, so that the excluded activities do not benefit, in any case, from the funding).
