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Spain, Italy, Portugal and, now, the Emirates… In recent months, if anything, we have managed to grow, strengthen our international presence and consolidate our position as the first marketplace for mid-stay accommodation with management services for owners. But none of this would have been possible without the support of investors, programs and certifications such as ENISA.

Among its numerous lines of financing, ENISA, the government body that manages grants for corporate innovation, under the Ministry of Industry and Tourism, has one aimed at entrepreneurship. And this is precisely the help we have received, becoming a certified start-up company.

What is ENISA?

The search for financing is a crucial stage for any start-up that aspires to grow and consolidate itself in the competitive business world. In Spain, a leading option for obtaining financial support is through ENISA (Empresa Nacional de Innovación) certification.

ENISA is a public entity that provides financial support to small and medium-sized companies seeking to boost their innovative entrepreneurship projects. With the backing of the General Directorate of Industry and Small and Medium-sized Enterprises, part of the Ministry of Industry, Trade and Tourism, ENISA has become a strategic ally for numerous start-up companies in Spain.

What lines of financing does ENISA have?

ENISA offers various lines of financing tailored to the needs of different types of startups and business projects. These lines include:

Young entrepreneurs

Aimed at newly formed SMEs (and startups) created by young people to address the investments required by the business project in its initial phase. To be eligible for this aid, the following requirements must be met:

  • The company must have been incorporated, at the most, during the 24 months prior to the application.
  • The majority of the capital must be in the hands of individuals up to 40 years of age.
  • The partners must contribute, via capital or equity, at least 50% of the loan.

Entrepreneurs

This line of financing is aimed at supporting SMEs in their early stages, with no age restriction for the partners. To qualify for this assistance, the following requirements must be met:

  • The company must have been incorporated, at the latest, during the 24 months prior to the application.
  • The company’s equity must be at least equal to the amount of the loan.
  • Co-financing of the financial needs associated with your business project.

Growth

Aimed at supporting the business projects of companies interested in expanding their business or achieving a competitive improvement. To qualify for this aid, the following requirements must be met:

  • Equity must be at least equivalent to the amount of the loan.
  • Co-financing of the financial needs associated with your business project.
  • For loans approved for more than €300,000, the financial statements of the last closed fiscal year must be externally audited.

AgroInnpulso

This is a specific line to promote digital transformation in the agri-food and rural sector. The funds for this line come from the Ministry of Agriculture, Fisheries and Food, and will be managed and administered by ENISA. To qualify for this aid, the following requirements must be met:

  • Co-financing of the financial needs associated with the business project.
  • The company’s own funds will be at least equivalent to the amount of the loan.
  • The company applying for an Enisa loan must show a balanced financial structure and professionalism in its management.
  • The company receiving an Enisa loan, for an amount greater than 300,000 €, must have externally audited financial statements for the last closed fiscal year.

Digital entrepreneurs

The Ministry for Digital Transformation and the Civil Service will allocate up to 51 million euros over the next three years to boost female digital entrepreneurship, through the ENISA Digital Entrepreneurs line of financing. To qualify for this aid, the following requirements must be met:

  • Co-financing of the financial needs associated with the business project.
  • The company’s equity will be at least equivalent to the amount of the loan.
  • The company applying for an Enisa loan must show a balanced financial structure and professionalism in its management.
  • The company receiving an Enisa loan, for an amount greater than €300,000, must have externally audited financial statements for the last closed fiscal year.

Audiovisual and creative cultural industries

In collaboration with the Ministry of Culture, this line promotes the Spain Audiovisual Hub Plan. To be eligible for this aid, the following requirements must be met:

  • The borrowing company must co-finance the financial needs associated with the business project.
  • The company’s equity must be at least equivalent to the amount of the loan.
  • The company applying for an Enisa loan must show a balanced financial structure and professionalism in its management.
  • The company receiving an Enisa loan for an amount greater than €300,000 must have externally audited financial statements for the last closed fiscal year.

All these lines of financing are designed to cover a variety of financial needs, from the initial phase of a startup to its expansion and consolidation in the market.

The role of ENISA

Obtaining ENISA certification not only provides access to financing, but also represents recognition of your company’s innovation and scalability. ENISA currently has 875 certified companies, which demonstrates the trust and support that this organization provides to startups in Spain.

Furthermore, according to data provided by the organization on its website, the autonomous communities with the highest number of ENISA-certified companies are the Community of Madrid, Catalonia and the Community of Valencia. This information reflects the growth and diversity of the entrepreneurial ecosystem in different regions of Spain.

2024: here we come!

Market openings, collaborations, team growth… 2024 is shaping up to be a good year for Lodgerin, and it has only just begun. With this boost from ENISA, we are ready to continue growing and internationalizing; to scale our services, strengthen our product and reach everyone who needs to rent accommodation for a half-stay, remotely and through technology.

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