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ENISA Financing Lines (Líneas de Financiación)

ENISA Financing Lines (Líneas de Financiación)

Funds participative subordinated loans in Spain for startups and small companies through ENISA's financing support without collateral.

DiscontinuedENISA — National Innovation Company (Empresa Nacional de Innovación)Spain
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About

ENISA Líneas de Financiación refers to the participative loan (préstamo participativo) program operated by ENISA (Empresa Nacional de Innovación), a Spanish state-owned financing entity under MINECO. Participative loans are a distinctive Spanish instrument classified as quasi-equity: they are subordinated, do not require collateral or personal guarantees, and carry a variable interest component ti…

What this grant funds

Offers participative (quasi-equity) subordinated loans of EUR 25,000–1.5 million to Spanish startups and SMEs across all sectors, with no collateral required and interest tied to company performance.

Key facts
CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Loan
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—
Funding analytics

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Industries

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Eligibility criteria

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Last verified: 24 Jun 2026Source: www.enisa.es