Yesterday, 20th May, the 2015 call for proposals for the Strategic Action for the Digital Economy and Society (AEESD) for the year 2015 was opened. The main new features are that the % grant has been increased and can reach 50% for SMEs depending on the qualification and that projects must be individual and consortiums cannot apply. Below is a summary of the most important conditions.
Santagloria, Viscofan, Buyfresco: investments in the food sector (March 2015)
Venture capital is interested in the food sector, Nazca, Portobello and DaruanVC have made investments in this sector in March 2015. In addition, Frutarom, an Israeli company, has bought the Spanish company Ingrenat.
Neotec: CDTI support for technology companies
At the end of July, the CDTI is expected to open the Neotec call, which aims to support the creation and consolidation of new technology-based companies. Although the CDTI is still reviewing the conditions, it seems that this year the aid will be converted into a grant and will have an annual call, open for two months.
Percentile, Idealista, Mamuky and other technology sector M&A (March 2015)
In the month of March 2015, we highlight 5 purchase operations that have had Spanish companies as protagonists. One of them, Percentil has bought an international competitor. In addition, foreign corporations are taking an interest in Spain, Allot Communications has bought Optenet in the internet content filtering sector and Pixmania has bought Ooferton.
Biotech investment news: Era Biotech, Aura Bioscience, Quirumed and others (March 2015)
In March 2015 the biotechnology sector in Spain has been the protagonist of several investment operations, both venture capital and mergers and acquisitions of companies. Venture capital invests in biotech: Inveready, Ysios The investment...
The tax deduction for R&D and IT (Technological Innovation)
The tax deduction for R&D and IT (Technological Innovation) represents one of the main sources of financing. These deductions allow companies to recover 42% of the investment made in R&D and 12% of the investment made in Technological Innovation. Although the deductible quota limit is 50%, the deductions can be accumulated as a tax credit and are applicable for 18 years.
Enisa 2015: Participatory loans for companies
On 24 April, the Ministry of Industry, Energy and Tourism (MINETUR) signed 3 agreements with Enisa with the aim of setting the characteristics and budgets available for the 2015 financing lines. The Ministry of Industry, Energy and Tourism will allocate €98.319M for this purpose.
Venture capital bets on technology companies: deals March 2015
Technology start-ups receive the most support from venture capital. Of the 550 venture capital and private equity deals closed last year in Spain, 274 involved a technology company. Among the technology companies, e-commerce and collaborative consumption lead the way. In March 2015, 8 technology companies received funding rounds.
Basque Country M&A news: Jauregui, Teknia ,La Salve and others.
Basque companies are active. The industrial companies Jauregui and Teknia have gone on a buying spree to consolidate their customer portfolios. In addition, the beer company La Salve has received support from Mahou to build its own brewery in Bilbao. In addition...
Crowdlending platforms receive funding: Spotcat, Zank and Prosper.
In the last year, crowdlending platforms have become very popular, and in Spain it is the type of crowdfunding that has grown the most. In Spain the sector is led by the pioneer Comunitae with more than €17m lent. In March, two Spanish crowdlending platforms, Spotcat and Zank, received funding and in April the American platform Prosper received $160M.
New funds for technology companies: Galdana, Antai, cdti and fondico.
In 2014, venture capital investment in technology companies grew considerably, partly due to the entry of international funds, which see an opportunity in Spanish technology companies. It seems that this positive trend will continue to grow in 2015. Proof of this is that Spanish venture capital is creating new funds for technology companies. In March alone, Antai Venture Builder has raised its fund to €25M, Galdana Ventures has been created to offer investors in Spain and Latin America advice and access to the best international Venture Capital managers, Fond-ico has distributed €124M and the CDTI has launched a new technology fund.
Spri Programme "Industria digitala" application of ICTs in industrial SMEs
On 21 April, the deadline for applications for aid granted by Spri for the incorporation of Electronics, Information and Communications Technologies (EICTs) in industrial manufacturing SMEs opened.