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CRECE + INTERNACIONAL is a new programme addressed to SME and small and mid-cap companies, by which through equity instruments (minority share capital holding) and quasi-equity (subordinated financing and/or co-investment), the company’s growth plan is funded, supporting:
Resources may be used from COFIDES, FONPYME, or FIEX depending on the country of investment and the company size.
The CRECE + INTERNACIONAL funding envelope is addressed to Spanish companies having foreign subsidiaries showing the following characteristics:
Eligible companies have to submit an expansion plan including development of internationalisation projects in one or several markets with the following features:
Projects represent the company’s growth plan.
Projects aim to the digitalisation of one subsidiary or industrial companies’ subsidiaries.
Projects include training of local managers fostering educational and technical training development within the population of the country receiving the investment.
Projects are carried out by companies attesting good CSR and sustainability practices.
EUR 30 M with a maximum of 90% of the investment needs in assets.
EUR 1 M.
Admission: Applications must be submitted to COFIDES.
> For further information, please check the CRECE + INTERNACIONAL brochure.