Seed Capital Bizkaia Mikro has launched a new financing program aimed at SME’s in the territory, in order to cover investments and expenses related to the commercial, productive and organizational activities of the companies.
Loans of up to 25.000 euros are directed to the following companies:
- Startups in the technological field up to 5 years old.
- Micro-enterprises in the industrial sector, services related to industry and advanced services (see annex CNAE).
- Micro-enterprises with social impact.
The conditions that apply to these microcredits are very advantageous for companies, since they do not entail expenses or commissions; neither guarantees nor personal guarantees are required. The interest rate is 2,5%.
Seed Capital Bizkaia Mikro
Since its creation, in 2014, and considering the special support for 2020 through the Bizkaia Aurrera! Mikrokredituak program, Seed Capital Bizkaia Mikro has supported almost 1.000 companies in Bizkaia, in which it has invested more than 13 million euros.
This new program reaffirms the commitment of Seed Capital Bizkaia Mikro for the development, promotion and dynamization of the business fabric of Bizkaia.
