India facility

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

• Eligible projects: viable projects undertaken in India and involving some manner of Spanish interest, regardless of the type of business.
  The priority sectors are:
  • Transport Infrastructures
  • Capital goods and electronics
  • Automotive industry
  • Energy
  • Tourism
• 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): 80 million euros.
• Access: applications must be submitted to COFIDES.