Emprendedoras digitales

The Ministry of Economic Affairs and Digital Transformation, MINECO, will allocate up to 51 million euros over the next three years to boost female digital entrepreneurship, through the ENISA Emprendedoras Digitales funding line.

Participative loans may be obtained by small and medium-sized emerging or growing companies in which one or more women hold a relevant position of leadership or power within the company: in the shareholding, in the board of directors or as part of the management team.
This line is aimed at both start-up companies and those considering a consolidation, growth or internationalization project.

Requirements

-Registered office in Spain.
-Be an SME, as defined by the European Union.
-Have its own legal personality, independent of that of the partners or participants.
-The business project must demonstrate its technical and economic viability, and present an innovative business model, novel or with clear competitive advantages.
-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 accounts for the last closed fiscal year must be submitted, which must have been filed with the Commercial Registry or other appropriate public registry.
-The company that receives an Enisa loan, for an amount greater than 300,000 €, must have the financial statements of the last closed fiscal year externally audited.
-Companies whose activity corresponds to the real estate and financial sectors are excluded.

Conditions

-Minimum loan amount: €25,000.
-Maximum loan amount: €1,500,000.
-In order to determine the amount, the amount of equity and the financial structure of the company, among other factors, will be taken into account.
-The interest rate will be applied in two tranches:
>First tranche: Euribor + 3.75 %.
>Second tranche: we apply a variable interest rate depending on the financial profitability of your company, with a maximum limit established between 3 % and 8 %, according to the rating of the operation.
-Arrangement fee: 0.5%.
-Maturity: maximum 9 years.
-Principal grace period: maximum 7 years.
-Early repayment fee: equivalent to the amount that the loan would have accrued for the second tranche of interest if the loan had been repaid in the agreed installments and the second tranche of interest had been settled at the maximum rate, deducting the second tranche interest accrued up to the date of early repayment.
-Early maturity fee due to a change in the shareholding: In the event of a change in the majority control of the borrower company and/or global transfer by any title of the borrower company's assets, ENISA has the option to declare the early maturity of the loan. In the event of exercising this option, a penalty for early maturity will be established, equivalent to the amount that the loan would have accrued as the second interest tranche -if the loan had been repaid in the agreed terms and the second interest tranche had been settled at the maximum rate-, deducting the interest of the second tranche accrued up to the date of early maturity.
-The amortization of interest and principal is quarterly.
-No additional guarantees other than those of the business project itself will be required for the granting of the loan.