ENISA

ENISA (National Innovation Company, S.A.) plays a crucial role in supporting innovative projects that boost competitiveness across various industrial sectors in Spain. This initiative provides financial resources to strengthen the financial structure of small and medium-sized enterprises through participatory loans, which combine features of traditional loans with elements of venture capital.

• Business expansion
• Technological innovation
• Market penetration and development

• Product development and innovation costs
• Market research and expansion expenses
• Technological updates and infrastructure investments

Young Entrepreneurs Line

• For entrepreneurs under 40 years of age
• Loans from €25,000 to €75,000
• Focused on investment needs in the early phase of the business project

Entrepreneurs Line

• For SMEs and startups without age limits
• Loans from €25,000 to €300,000
• Support in the initial phase of the business

Growth Line

• For viable and profitable business projects
• Loans from €25,000 to €1,500,000
• Supports business expansion or gaining a competitive advantage

AgroInnpulso Line

• For projects in the agri-food and rural sector
• Loans from €25,000 to €1,500,000
• Promotes the digital transformation of SMEs in the sector

Digital Entrepreneurship Line

• Focused on digital entrepreneurship projects led by women
• Loans from €25,000 to €1,500,000
• Aims to reduce gender imbalance in the business field

Financing Details

• Subsidized Loan: No need for personal guarantees or endorsements.
• Applicable Interest Rates: Euribor + a percentage margin that varies based on the risk assessment and financial performance of the company.
• Maturity Period: Up to 9 years.
• Grace Period: Up to 7 years for principal amortization.
• Matching Funds: The company must have own funds at least equivalent to the loan amount, allowing that if a startup receives an investment of €100,000, it can seek an additional loan of up to €100,000 through ENISA.

Granting of the ENISA Loan The loan granting process is divided into three phases, which can extend over a period of three to four months from the initial application approval to the effective disbursement of funds to the beneficiary.

• Established as a small or medium-sized enterprise (SME)
• Registered in Spain
• Demonstrates potential for growth and profitability