ENISA — National Innovation Company (Empresa Nacional de Innovación)

Funds Spanish enterprise innovation by offering participative financing and public support for growth-focused technology initiatives.

ENISA (Empresa Nacional de Innovación, S.A.) is a Spanish state-owned company under the Ministry of Industry and Tourism that provides participative loans — préstamos participativos — to Spanish SMEs pursuing innovative business projects. It is not a grant-making body: all financing is fully repayable hybrid debt. ENISA has issued 8,996 loans to 7,830 companies, deploying €1,384 million since its founding in 1982.