Grants for companies in Spain, the most sought after
Subsidies for companies at European, national, regional and local level allow companies in our country to optimise their available resources, start a new business project with guarantees or expand their activity. In these cases it is essential to know in depth the conditions and the amount of the aid. Below, we analyse the most requested subsidies for companies in our country and their basic conditions.
What are the most awarded subsidies for companies in Spain?
Next Generation Funds
The Next Generation Funds are an unprecedented EU initiative to support economic recovery after the COVID-19 crisis. Spain will receive a significant part of these funds, aimed at promoting digitalisation, sustainability and inclusion. The aim is to boost the digital and green transformation of the economy, supporting projects in areas such as renewable energy, sustainable mobility and improved energy efficiency, among others, with the ultimate aim of promoting inclusive and sustainable growth in the long term.
ICO Grants
The ICO Grants, managed by the Official Credit Institute, are lines of financing aimed at promoting economic activity in Spain. This aid is aimed at both the self-employed and companies, offering loans with favourable conditions to facilitate liquidity and the development of business projects. They make it possible to finance both investments and working capital needs, in Spain and, in some cases, abroad. The ICO lines have become a key instrument for supporting the business fabric, especially during periods of economic crisis or to promote the expansion and modernisation of companies.
ICEX Next
ICEX Next is an internationalisation support programme managed by the Spanish Institute for Foreign Trade. It offers personalised advice to Spanish companies wishing to expand into international markets. In addition to expert consultancy, it provides financial aid to cover part of the costs associated with the internationalisation process, such as promotion, hiring staff specialised in foreign trade or registering trademarks. ICEX Next is essential for SMEs seeking to consolidate their global presence, increase their competitiveness and open up new business opportunities abroad.
CDTI
The Centre for the Development of Industrial Technology (CDTI) is a public body in Spain that promotes innovation and technological development in Spanish companies. It provides funding and support for R&D&I projects with the potential to improve the competitiveness of companies. Through the CDTI, companies can access grants, loans with subsidised interest rates and guarantees for research, development and innovation projects, thus contributing to technological progress and sustainable economic growth in different industrial and technological sectors.
ENISA
The National Innovation Company, ENISA, offers grants and participative loans to entrepreneurs and companies to encourage the creation and consolidation of innovative projects in Spain. Its financing model is designed to support SMEs in the growth or expansion phase, without requiring additional guarantees from the promoters. ENISA stands out for its flexibility and for promoting investment in sectors with high innovation potential, thus contributing to economic development and stimulating entrepreneurial activity in the country.
Kit Digital
The Digital Kit is a Spanish government initiative, financed by the Next Generation EU Funds, designed to boost the digitalisation of small and medium-sized enterprises (SMEs) and the self-employed. It offers financial assistance vouchers for companies to adopt advanced digital solutions in areas such as process management, customer relations, cybersecurity and e-commerce. The aim is for SMEs to improve their competitiveness and operational efficiency, taking advantage of new technologies to adapt to the current and future digital environment.
Regional aid for companies
Regional aid for entrepreneurship in Spain are subsidies and economic benefits offered by the Autonomous Communities to encourage the creation and development of new businesses. This aid can range from reductions in the self-employed quota and direct support with start-up capital, to tax incentives and specialised training. Each region establishes its own programmes, adapted to local needs and economic characteristics, seeking to promote innovation, self-employment and the generation of wealth in its territory. This aid is a key pillar for the country’s entrepreneurial ecosystem.
Recruitment subsidies
Subsidies for hiring workers in Spain are incentives offered by the government to promote job creation. These subsidies can be national or regional and are usually aimed at hiring specific groups such as young people, the long-term unemployed, people with disabilities or victims of gender-based violence. The benefits vary and include reductions in social security contributions, bonuses or direct aid. These subsidies seek to promote permanent employment and improve job stability in the Spanish labour market.
At Asesoría Orihuela Costa we offer you the advice you need, so that you can complete your application with all the guarantees.
