Enlargement countries facility

The most relevant characteristics of the financial support provided are as follows:

• Eligible projects: viable projects undertaken in the European Union enlargement countries and involving some manner of Spanish interest, regardless of the type of business involved. The priority sectors are:
  • Agroindustry
  • Automotive industry
  • Electronics
  • Energy
  • Environmental management
  • Infrastructure and public utilities
  • Engineering
  • Transport
• Types of financial support:
  • Capital holdings
  • Subordinated loans
  • Subordinated joint venture loans
  • Convertible loans
  • Joint venture loans
• Ceiling: the lower of 25 million euros or 70% of the total project investment. Capital holdings are limited to 49% of the project company’s share capital.
• Minimum: 250,000 euros
• Present capital endowment (2010): 110 million euros, drawn from FIEX and FONPYME, funds managed by COFIDES.
• Access: applications must be submitted to COFIDES.
• Eligible countries: Bulgaria, Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Slovakia, Slovenia and Turkey.