Company Requirements
To be able to apply for this financing line, your company must meet the following requirements
- Be a company established with its own legal personality.
- Have fewer than 250 employees.
- Must demonstrate signs of project operation.
- Have an annual turnover of less than 50 million euros or a total balance sheet of less than 43 million euros.
- Have its registered office in Spain or be based in the European Union with an interest in Spain (understood as having a subsidiary or production, research, service, or development center with its registered office in Spain with a significant number of employees, ownership of technology, or development of the same).
- Primarily develop the activity in Spain.
- Have initiated commercial operations and have market traction, preferably in the form of recurring revenue, and failing that, through user validation metrics.
- 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, except for those technological 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.
