DESCRIPTION AND GENERAL INFORMATION
Recipients: Aimed at individuals or legal entities of a private nature and civil societies or communities of property, economic interest groupings (EIAS), temporary joint ventures (UTE) and social economy companies that are micro or smes, and that have formalized financial operations in which any of the following requirements are met: that they finance productive investment or innovation projects in centers of the Balearic islands, that finance financial liquidity operations whose activity is carried out in centres in the Balearic islands, and that finance financial leasing or leasing operations provided that the investments are made in production centres in the Balearic islands.
Sector: Innovation/ Investment
Subsector: Financing
Application deadline: Until 05/12/25
Reference web:https://www.caib.es/eboibfront/pdf/es/2024/30/1156545
Eligible activities: To cover the cost of the guarantee provided against a mutual guarantee society, to cover the interest, and to cover the commissions for the arrangement and study of financial liquidity operations, productive investments, investments in innovation and financial leasing.
Eligible period: Financial transactions formalized from December 1st, 2023, to November 30th, 2025.
Aid intensity: The total amount allocated is €18,564,434.50. In addition to what is detailed in the call, it could be considered that the maximum amount of the credit on which the aid must be calculated per beneficiary will depend on the financing operation, which in some cases must not exceed the figure of €300,000, and in others the excess of the limit of €1,000,000 may not be subsidized.
Subject to de minimis: Yes
ISSUER:
Organization: Ministry of economy, finance, and innovation
Administration: Regional
Geographical area: Balearic Islands
Aid type: Guarantee lines
