The Enisa Emprendores funding line is designed to financially support startups, in the early stages of life, promoted by entrepreneurs (with no age limit), to undertake the necessary investments and carry out their project. Enisa co-finances the company's strategic plan with a minimum of €25,000 and a maximum of €300,000.

This is a participatory loan that is not convertible to equity. Enisa's main difference from a bank loan is that “the financing body” is at risk with the transaction and applies a variable interest rate depending on the company's profits. In addition, it does not require personal endorsements or guarantees from entrepreneurs.

The Enisa Entrepreneurs line is aimed at financially supporting, in the early stages of life, SMEs promoted by entrepreneurs, with no age limit, to undertake the necessary investments and carry out their project.

That the applicant company is established, at most, in the 24 months prior to the application and that its own funds are (at least) equivalent to the amount of the loan requested. It is also expected that the presented project will have some market validation, based on metrics or pilots, that show the response and the market fit of the project. Companies that apply for Enisa Entrepreneurs must be startups or SMEs with an innovative business model or one that presents a disruptive innovation. The main activity of the company and the headquarters must be framed within the Spanish territory.

Enisa Emprendedores is a participatory loan characterized by the fact that its annual interest rate varies depending on the evolution of the company's activity and because Enisa's debt is subordinated to any other loan or credit, ranking after common creditors. This is a very attractive alternative source of funding for entrepreneurs due to their long grace periods and loan repayment. Another of its most important features is that it does not require personal guarantees or guarantees. For all these reasons, it is essential and indispensable to have and justify a consistent viability plan for the company applying for the loan.

From Intelectium, we recommend applying for Enisa during the first half of the year or sending the application no later than September, as this way we ensure with more guarantees that it gives them time to analyze the project and to accept it within the investment committees of the year. Enisa has been receiving requests to access its loans since January, so if we submit our first request, we will have a much better chance of being able to access our loan. The presentation of a good report that justifies and supports the request will be another of the key elements when applying for a participatory loan from Enisa. We recommend that you have a partner who specializes in applying for and obtaining public funding who can relieve you of the intensive work and monitoring involved in submitting it, so that you can increase your chances of obtaining it and with a greater amount. We can help you study your fit with the call and its presentation, you can contact us through our web forms or by writing to comunicacion@intelectium.com.