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.
- Have at least one establishment, production branch, or activity in the Valencian Community.
- The date of incorporation of the company must be more than 2 years from the date of application.
- Have at least one employee on staff or an active corporate self-employed person.
- 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.
- Belong to any sector, except for the following sectors:
a) Illegal economic activities according to national or regional regulations.
b) Production and trade of tobacco and distilled alcoholic beverages.
c) Production and trade of weapons and ammunition.
d) Activities in the financial, real estate, and insurance sectors. - If a company simultaneously engages in included and excluded activities, it may only be eligible if it proves the accounting and operational separation of the activities, ensuring that the excluded ones do not benefit from the funding.
- In investment operations, contribute at least 20% of the remaining amount with own resources or other sources of financing unrelated to public aid.
