The new line of entrepreneurs Avalmadrid, allow access to entrepreneurs in Madrid guarantees up to 60,000 euros for the implementation of its business, which may be extended depending on business projects. This new line, designed together with the Directorate General for SMEs at the Ministry of Industry, with preferential terms, both in cost and in time to promote the creation of companies on business projects viable and profitable in terms of generating wealth and employment.
generally indicate that investment that can be addressed through this line include the productive fixed assets (new or second hand), the start-up costs inherent in its constitution and working capital necessary for development of the activity. Likewise, and with specificity, shall be eligible passenger vehicles assigned to the business and commercial vehicles and vehicle licenses for taxis, investments needed for franchises and business acquisitions and / or business sales.
requirements to access this funding not only the commitment of the entrepreneur, are twofold: the presentation of a business project objectively viable and the provision of at least 20% in equity.
In sum, amounting to support for entrepreneurs in Madrid, which reinforces the commitment of support from the Madrid entrepreneurs.
For more information:
Madrid
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