Open applications for a new support line for micro and small companies

This credit line is the implementation of a measure foreseen in the State Budget for 2021, that seeks to support micro and small companies in their treasury needs.

The maximum support limit is EUR 75,000 for small companies and EUR 25,000 for micro-enterprises, corresponding to EUR 3,000 for each job in the company in the month immediately preceding the application, multiplied by three.

Companies that use this credit line assume the commitment to maintain the number of jobs, existing on October 1st, 2020, for a minimum period of one year after the granting of the financing. Also, during this period, it will not be possible to fire employees.

With a budget of EUR 100 M to be allocated by December 31st, in the form of a refundable grant, this support line will be managed by IAPMEI.