The SME Initiative was launched in Spain on 26 January 2015. It is co-financed by the Kingdom of Spain, the European Commission and the EIB Group (i.e. the European Investment Bank and the European Investment Fund), with the EIF managing the scheme on behalf of the different contributors.
The Kingdom of Spain’s contribution of part of its European Structural and Investment Funds (ESIF), substantially supported by 16 Spanish regions, amounts to up to EUR 800 million and is expected, together with the resources from the other contributors, to generate at least EUR 3,200 million of SME financing in Spain over the next few years. Spanish regions contributing to the SME Initiative are: Andalucía, Aragón, Illes Balears, País Vasco, Canarias, Cantabria, Castilla‑la Mancha, Cataluña, Castilla y León, Extremadura, Galicia, La Rioja, Comunidad de Madrid, Región de Murcia, Comunidad Valenciana, y Ciudad Autónoma de Ceuta.
EIF does not finance entrepreneurs or SMEs directly, only via financial intermediaries. If you are looking for finance and would like to see which financial intermediaries currently cooperate with us under the SME Initiative and other programmes active in Spain, please visit www.eif.org/what_we_do/where/es/index.htm
For information about funding available under other EU initiatives, please visit http://europa.eu/youreurope/business/funding-grants/access-to-finance/