ENISA participative loans for SMEs and startups
ENISA – Préstamos participativos
Open continuously
No deadline — apply whenever you are ready.
'Préstamos de 25.000 a 1.500.000 euros' as participative loans ('préstamo participativo'), 'Sin garantías' (no personal guarantees) and 'Los primeros 2 años, sólo pagas intereses'. Specialised lines exist: Innovación x Clima, Emprendedoras Digitales (women-led tech SMEs), AgroInnpulso, and Audiovisual e Industrias Culturales y Creativas.
Empresa Nacional de Innovación S.A. (ENISA), Ministerio de Industria y Turismo
public · national
Deadline: rolling — 'Convocatoria abierta' — the call is open and applications are submitted continuously through the ENISA client portal while budget lasts.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
Who can apply
- Sectors: any, climate, agri, creative
- Stage: seed, series_a, growth
- Locally registered entity required
Spanish SMEs. No personal guarantees are required — 'Tu proyecto y talento' act as collateral. Exact age/size conditions differ per line and are set out in each line's page.
How to apply
- Choose the line that matches your company (general or one of the specialised lines). — link
- Register in the ENISA client portal and submit the application with the business plan and financials. — link
- ENISA analyses the project and the team; if approved, the participative loan is formalised with a 2-year interest-only period.
What you will need
- Business plan
- Audited or filed annual accounts / financial projections
- Escritura de constitución and company registration documents
Source. https://www.enisa.es/servicios/financiacion/ — checked 2026-08-14
"Préstamos de 25.000 a 1.500.000 euros ... Los primeros 2 años, sólo pagas intereses ... Sin garantías ... Convocatoria abierta."