Finding a loan for entrepreneurs is one of the main drawbacks when creating a new company. Therefore, it is necessary to know the aids and subsidies that exist to support new entrepreneurs.
In the first place, one of the main aids focused on self-employment is the so-called “single payment for unemployment” or also known as “unemployment capitalization”. In order to access it, it will be necessary to:
– Not having started the activity when the application is submitted.
– Collect the unemployment benefit for three months.
– Start the activity within a month.
On the other hand, another alternative available to unemployed young people who wish to undertake is access to the “Participative loan for the creation of companies for young people”, financed by Enisa (National Innovation Company). To be able to access this aid, it is important to be under forty years old and use the funds provided in the grant to acquire the assets necessary for the development of the activity. Enisa has extensive experience in financing innovative business projects with a future projection.
Another group that has specific grants for business financing is that of women entrepreneurs. women have a great chance of acceptance.
On the other hand, the Ministry of Economy and Competitiveness offers financial support to those projects that involve a technological innovation. Among them, a tax reduction for research projects ranges from 35% to 60%.
Thus, within the grants and subsidies to support those companies that have a technological base, three stand out: the so-called EBT (aid for technology-based companies themselves), the NEOTEC program aids (focused on research activity and technology development) and the INNVIERTE program (which supports the investment of venture capital in companies with a technological base).
However, there are grants and subsidies from each Autonomous Community for both the creation and modernization of innovative companies. Therefore, it is necessary to refer to the corresponding regional regulations in each case.
On the other hand, if the fundamental objective of the newly created company is to expand into new markets, there is an aid for internationalization. The Institute of Foreign Trade will be in charge of managing this type of aid.
Finally, two important European programs would be the so-called “Horizon 2020” and the COSME program. The first establishes a system of non-refundable grants for the financing of entrepreneurs of 100% of the cost of R + D projects (linked to research and innovation). The second aims to promote the development of entrepreneurial skills of new entrepreneurs, especially the youngest and women.