New CDTI Line: Global Innovation Line
14/10/2014
Diego Gutiérrez
New CDTI Line: Global Innovation Line
 
The CDTI launches the global innovation line to finance business projects that boost the growth of SMEs through investment in technological innovation.

Beneficiaries

SMEs and companies mid-caps. The investments The foreign operations may be channelled through joint ventures, provided that they consolidate accounts with the Spanish company, or through subsidiaries, branches and establishments abroad.

Fundable investments

Acquisition of fixed assets new ones related to the innovation to be implemented.

-Outsourcing and subcontracting

-Audit expenses

Other features

Minimum investment budget667,000 euros.

Maximum investment budget10,000,000 euros

Project duration: maximum 24 months.

 –Maximum amount of funding75% of total eligible budget

Interest rateThe interest rate will be calculated on a loan-by-loan basis, taking into account the characteristics of the operation and of the beneficiary following an analysis carried out by the CDTI.

Repayment term: 7 years

Guarantees: Se solicitarán avales de entidades financieras con suficiente solvencia a juicio del CDTI por el 50% del préstamo, pudiendo llegar al 100% según el análisis económico – financiero realizado por el CDTI.

Advances25%, 50% or 75% of the loan up to a maximum of EUR 4 million without additional collateral over and above that already required.

Disbursementafter justification of the investment project.

CompatibilityThe loan granted by CDTI through this line is incompatible with any other CDTI funding line for the same project.

 –Selection criteriaTechnical and financial capacity, viability of the investment project, contribution of the project to the improvement of the competitiveness of innovative Spanish companies, respect for environmental, social and labour aspects and compliance with their regulatory standards, and contribution of added value to the company in terms of its capacity to access new markets.

If you think that your company can benefit from this aid, do not hesitate to contact us, ABRA INVEST has a team of experts in public financing to help you.

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