Credits

ENISA Participatory Loans

ENISA / Spanish Ministry of Industry

Collateral-free participatory loans up to €1.5M for innovative Spanish SMEs and startups.

Potential value:
EUR 1.5M in credits
Provider:
ENISA / Spanish Ministry of Industry
Referral needed:
No

What you need to qualify

  • Your company must have its registered office and main activity in Spain ("domicilio social y actividad principal en Espana")
  • An SME with a viable, innovative project showing competitive advantages
  • Own funds at least equal to the amount requested
  • No collateral is required: ENISA states your project and talent are the guarantee

Eligibility

Eligible stages
Pre-seed, Seed
Countries
Spain

How to apply

  1. 1

    Take the eligibility test first

    ENISA puts a self assessment on its site, "Haz nuestro test y verifica si puedes financiarte o certificarte", to check whether your company can be financed or certified before you start an application.

  2. 2

    Pick the financing line that fits

    The general line for startups and SMEs runs from 25,000 to 1,500,000 euros. Four sector lines sit alongside it: Innovacion x Clima for climate risk solutions, Emprendedoras Digitales for tech firms with female leadership, AgroInnpulso for the agricultural value chain, and Audiovisual e Industrias Culturales y Creativas.

  3. 3

    Start the application in the Portal del Cliente

    The "Iniciar la solicitud" button opens ENISA's client portal at portaldelcliente.enisa.es, where you register or sign in and complete the request. The site and portal are in Spanish.

  4. 4

    Have the own funds position ready

    ENISA requires the company to hold own funds at least equal to the amount requested, so the balance sheet has to support the figure you ask for.

Frequently asked

Participative loans from 25,000 to 1,500,000 euros. The first two years are interest only ("Los primeros 2 anos, solo pagas intereses"), amortisation runs up to 7 years with up to 2 years of grace, the opening commission is 0.5%, and repayments are quarterly.

No. ENISA states that no collateral is required and that your project and your talent serve as the guarantee.

SMEs whose registered office and main activity are in Spain, with a viable and innovative project that shows competitive advantages, and with own funds at least equal to the amount requested.

Take the eligibility test on enisa.es, then use "Iniciar la solicitud" to register in the Portal del Cliente and submit the request. Applications are made in Spanish.

Borrowers must send ENISA their annual accounts before 30 September ("deberas enviarnos tus cuentas anuales antes del 30 de septiembre"). Loans above 300,000 euros need externally audited statements, and smaller loans need accounts filed with the appropriate public registry.

None is published on the financing page. The page notes the amounts are reviewed annually and offers a permanently available portal link, but it states no application window, so no deadline is recorded here.
General

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Up to $9M in Government of Tonga, with Asian Development Bank credits

We have not been able to confirm a deadline for this one. Check the official page before you start.

Do I qualify?

2 things decide this one. Check yourself against them before you spend time on the form.

Stage
Pre-seed, Seed
Where you are incorporated
Spain
Funding raised so far
No limit stated
Referral
Not needed. You can apply directly

That is the rulebook. What we cannot show you here is whether your startup clears it, how this ranks against the other programs you qualify for, and what to fix if you do not.

Check what I qualify for

Five questions, about a minute, no account needed.

Last verified against the official page. Report an error

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