The key characteristics of the financial support provided are as follows:
- Eligible projects: Viable projects undertaken in Singapore and involving some degree of Spanish interest. The priority sectors are:
- Chemical Industry
- Biomedical Applications
- Electronics and Systems
- Type of financial support:
- Share capital holdings
- Subordinated loans
- Subordinated joint venture loans.
- Joint venture loans.
- Ceiling: €30m with a maximun of up to 70% (FIEX) and 80% (FONPYME) of the total project investment. Capital holdings are limited to 49% of the project company’s share capital.
- Minimum: €75,000.
- Present capital endowment (2016):€25m.
- Entry: Applications must be submitted to COFIDES.
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