Neotec is a cdti programme to support the creation and consolidation of new technology-based companies, through a non-refundable grant that covers 70% of the operating budget for the first two years. The 2015 beneficiaries were announced in March 2016 and a new call for applications is expected to be launched soon.
Resolution of approved projects Neotec 2015
A total of 53 projects out of the 470 submitted were approved in the last Neotec call, representing 11% of the total number of approved projects. These projects have obtained an average of €160,731, representing a total budget of more than €8.5M.
Project success stories
One of the projects that has received funding is Billina Spanish startup for electronic invoicing and invoice exchange over the Internet, which, in addition to Neotec, has just received a €4M round of funding, and has just partnered with GoCardlessThe UK online payment network to offer direct debit services, which ensure that bills are collected when they are due via the tool.
Another of the projects selected in the field of biotechnology is Ledalgae from the Asturian biotechnology company NeoAlgae.
NeoAlgae has received €124,362 for the industrialised production of astaxanthin from microalgae. This company focuses its activity on aquaculture, more specifically on microalgae - focusing its market on human food, animal feed and nutraceuticals.
A3 SEC, spin-off of AlienVault, which provides soduction, professional services, training and official certification of SIEM products, IT Security and Big Data Solutions in Spain and LATAM, has also received funding for the development of a technological platform for the integrated management of it assets.
Next Neotec call for proposals
The Neotec 2016 call for proposals is expected to open soon and, like last year, is expected to be in the form of a grant. Last year it was up to 250k€ non-repayable grant covering 70% of the first two years' operating budget.
Among the requirements for participation last year were:
-Company less than 4 years old
– Dedicación de más del 10% de los gastos en I+D
– Independiente accionarialmente
At Abra-Invest we can help you throughout the whole process of applying for aid, from the preparation of the report to the justification and payment.
Our main competitive advantage comes from our expertise in private investment, which allows us to provide highly qualified impact and market studies that are increasingly in demand in public programmes. We have a proprietary tool (www.logic-fin.com) of market analysis from an investment point of view.
If you are interested in Neotec, you can call us on + 34 946424142 or fill in the contact form. Abra-Invest has a team with more than 15 years of experience in alternative financing.
