Support for business start-ups

EKINTZAILE PHASE I

Gobierno Vasco

Beneficiaries

Individuals, micro-companies, SMEs and large industrial companies or related services.

Objective

Support for evolving a business idea in a Business and Innovation Centre. In the event that the idea becomes a business, it can access subsidised loans.

Type of Aid

Maximum of €30,000 non-repayable grant and up to 100% of the eligible costs.

EKINTZAILE FASE II

Gobierno Vasco

Beneficiaries

Newly-created companies (less than 1 year) of an innovative nature, with an industrial or industry-related service activity.

Objective

Long-term financing of active investments for newly-created small and medium-sized enterprises under the Ekintzaile Programme.

Type of Aid

Loan of up to 70% of the investment in fixed assets up to €180.000, Euribor interest + 1.25%, 7 years + 2-year grace period. No guaranties.

NEOTEC

CDTI Centro para el Desarrollo Tecnológico Industrial

Beneficiaries

Small innovative company that develops its own technology. It must be between 6 months and 3 years old at the time of any application, with a minimum share capital of €20,000 and R&D expenses representing at least 10% of its operating costs.

Objective

Start-up of new business projects that require the use of technologies or knowledge developed from the research activity, in which the business strategy is based on the development of technology.

Type of Aid

Subsidy of up to 70% of the budget for the action, with a maximum subsidy amount of €250,000 euros.