Grants for the Promotion of Start-up Projects for Small Businesses in Andalusia

Grants for the Promotion of Start-up Projects for Small Businesses in Andalusia is a grant from the Andalusian Agency for Business Transformation and Economic Development (TRADE) that funds initial investment projects for newly created small businesses and microenterprises in Andalusia, Spain. Projects must exceed €30,000 in eligible investment linked to the creation of a new operational establishment.

Aid begins at 55% of the eligible budget, with increases possible based on project characteristics. Funded under the Andalusia ERDF Programme 2021–2027 and co-financed by the European Regional Development Fund, the program runs from July 10, 2024 through December 30, 2027. Applications are processed on a first-come, first-served basis until available funds are exhausted — no competitive ranking.

This is one of three distinct TRADE funding lines targeting business creation and SME growth.

Grants for the Promotion of Start-up Projects for Small Businesses in Andalusia | Plataforma One Agencia Empresarial para la Transformación y el Desarrollo Económico (TRADE) 10 July 2024 al 30 December 2027 Financial support for the start-up of small businesses in Andalusia Grants for the Promotion of Start-up Projects for Small Businesses in Andalusia The purpose of this aid is to support the creation and consolidation of small businesses and microenterprises in Andalusia through grants for initial investment projects The Andalusian Agency for Business Transformation and Economic Development (TRADE) has launched the Grants for the Promotion of Start-up Projects for Small Businesses in Andalusia , a financial support scheme aimed at fostering entrepreneurship and the creation of new business activities in the region.

This line of aid is part of a set of three calls designed to boost regional economic growth: Industrial research and experimental development projects Investment projects for SME growth and competitiveness Start-up projects for small businesses The specific line for new businesses, framed within the Andalusia ERDF Programme 2021–2027 and co-financed by the European Regional Development Fund (ERDF), is intended to support initial investment projects exceeding €30,000 , linked to the creation of a new operational establishment in Andalusia .

The aid is awarded on a non-competitive basis , with applications processed in order of submission until the available budget is exhausted. The amount of aid is determined as a percentage of the eligible budget , calculated from the sum of eligible costs related to investment in tangible and intangible assets and associated expenses. The initial aid percentage is set at 55% .

The final percentage will be calculated by adding the initial percentage to the additional points corresponding to specific project characteristics , as follows: Companies promoted mainly by women or holding the EFR (Family-Responsible Company) certificate at the time of application: +5%. High and medium-high technology projects: +2%. Projects contributing to the S4Andalucía 2021–2027 strategy : +2%.

S ocial Economy projects and/or projects for specific groups : +2%. For each additional job created at the project site, up to a maximum of 7%: +2% for female employment, +1% for male employment. Eligible budget categories : Tangible assets : machinery, technical installations, furniture, production equipment, industrial vehicles directly linked to the activity, and refurbishment works (excluding property acquisition).

Intangible assets : technology licences, specific software, patents, technology usage rights, intellectual property, and digital applications that improve productivity. Project-related expenses : feasibility studies, business plans, technical or legal consultancy directly linked to the start-up, and specialised training related to the project.

To receive 100% of the grant amount, the beneficiary must provide prior justification of the activity, project, or objective carried out. Small businesses or microenterprises Commercial companies, cooperatives, labour companies, or sole traders (self-employed, mutual members, or limited liability entrepreneurs). Small businesses or microenterprises , in accordance with Regulation (EU) No. 651/2014.

Registered for no more than five years at the date of application. Submitting a project involving an eligible investment exceeding €30,000 . Not having taken over another company’s activity, unless the acquired turnover represents less than 10% of the new company’s total.

Not having distributed profits. Not having acquired another company or been formed through a merger, unless the acquired company’s turnover represents less than 10% of the beneficiary’s turnover in the financial year prior to acquisition, or the turnover of the merged company exceeds the combined turnover of the two companies by less than 10% in the year prior to the merger. Technically, economically, and financially viable.

Establishing a new operational site in Andalusia . Demonstrating sufficient economic and financial capacity in relation to the proposed investment, as follows: SMEs with fewer than three closed financial years: Budget ≤ €500,000 → Share capital ≥ 15% of investment. Budget €500,000–€1,200,000 → Share capital ≥ 20% of investment.

Budget > €1,200,000 → Share capital ≥ 25% of investment. SMEs with three or more closed financial years: Budget ≤ €500,000 → Equity ≥ 15% of investment. Budget €500,000–€1,200,000 → Equity ≥ 20% of investment.

Budget > €1,200,000 → Equity ≥ 25% of investment. Do you want to publish a new help on the ONE Platform?