Whether you are an established SME or you want to develop a new project, you have extremely interesting financing lines that can help you achieve your goals.
Do you know about ENISA funds? Find out how they can help you and if you meet the requirements to receive the financing you need.
Having an innovative project is always exciting, an adrenaline boost for entrepreneurs , especially in these times. However, far from being a burden, crises can become a golden opportunity to reinvent oneself in the face of new needs.
However, many SMEs see the first major obstacle to seeing their idea become a reality in how to obtain the money to launch their project. What are Enisa funds georgia email list and how can they help you achieve your goals ?
In this article we give you all the keys.
Start of marked text Share! Learn about Enisa funds, loans that make the most innovative business projects a reality. End of marked text
1) Financing alternatives for SMEs in times of crisis
Due to COVID-19 , the Government promoted ICO loans , a line of guarantees with which SMEs and self-employed workers could face their liquidity problems, as long as they met certain requirements, such as not being involved in insolvency proceedings or not appearing as defaulters in the files.
However, in addition to ICO loans, SMEs also have other ways of accessing loans at their disposal, with very low interest rates. We are talking about the Enisa Lines, launched by the Ministry of Industry, Trade and Tourism .
ENISA funds do not require any guarantee or collateral other than that of the business project itself and the professional solvency of the management team.
2) What are ENISA funds?
The Enisa financing mechanism was created as a participatory loan, regulated by Royal Decree Law 7/1996 of June 7 and Law 10/1996 of December 18 , aimed at SMEs with the following characteristics:
With its own legal personality (independent from that of its partners or participants).
With registered office in Spain.
That they have an innovative business model with clear competitive advantages.
This line of financing is halfway between traditional bank loans and venture capital . In addition, it does not require collateral or guarantees.
Sage
Through ENISA funds, the Government has 98.5 million euros available to boost SMEs in Spain.
3) ENISA Funds: a viable alternative
Unlike ICO loans, the objective of Enisa Lines is not to obtain liquidity after the economic effects of COVID-19 , but to keep the company afloat and promote entrepreneurship in times of crisis, since the pandemic has opened up new business opportunities.
ENISA is therefore nothing more than an “extra” help to reinvent itself in the post-coronavirus era, offering entrepreneurs the possibility of financing their projects at different stages of their companies’ life.