At this point in the year there is still a lot of aid for entrepreneurs who need to finance themselves. According to information from BBVA, the Ministry of Industry, Energy and Tourism has an internal search engine for aid and subsidies that allows you to filter searches by regions and sectors and also indicates their availability. The financing lines of the state-owned company, ENISA, which is dedicated to financing the projects of young entrepreneurs, are open all year round. These are loans at very low interest rates and with very favourable conditions for those who undertake an activity.
The following are essential requirements to be eligible for the aid: to have set up an SME (small or medium-sized enterprise) in the two years prior to applying for the aid, to have an innovative business idea and, finally, to have the majority of the company's partners under 40 years of age. The Official Credit Institute's Lines, ICO lines, are applied for with the intermediation of collaborating banks and are also available all year round. They are also very low interest loans and are granted with payment facilities. The loans usually amount to around 25,000 euros and, in all cases, it is the bank that studies the projects and decides whether or not to grant the aid.
TheEuropean Commission has the Horizon 2021 project, whose objective is to transform the current economic and productive system in Europe, to adapt it to the innovations offered by the digital sector. The Commission promotes innovation and technological development, which is why it offers aid to young entrepreneurs interested in new technologies applied to communication and information. Other programmes still in force in the European Community are Eureka, Jeremie and Erasmus for Entrepreneurs, which, although none of them offer funding, are interesting exchange programmes for young entrepreneurs and operate at an international level. The Ministry of Health, Social Services and Equality, with the aim of encouraging entrepreneurship among women, grants aid and subsidies so that they can set up their projects.
And, the Institute of Foreign Trade, grants a Business Internationalization Scholarship to women who want to export their projects abroad.