In 2025, ENISA has taken an important step in addressing one of the long-standing demands of the Spanish entrepreneurial ecosystem: ending the seasonality in the availability of funds.

Until now, the Young Entrepreneurs and Entrepreneurs funding lines depended on the annual approval of Spain’s General State Budget. This meant that applications could only be accepted while budget allocations were available, creating narrow time windows and leaving out projects that didn’t align with those dates.

The major change in 2025 is that these lines have been merged into one: Startups and SMEs. Until 31 August 2026, it will be financed with European funds from the FEPYME mechanism (PRTR). This means:

• Permanent availability: applications can be submitted at any time of the year, without depending on the state budget calendar.
• Increased budget: €303 million allocated to innovative startups and SMEs, whether in the early stages or growth phase.
• Administrative efficiency: a single, simplified framework that streamlines processing and shortens timelines.

From 1 September 2026, the line will remain open but will once again be financed through the General State Budget, as before the creation of FEPYME.

Official Conditions of the Startups and SMEs Line

• Maximum repayment term: up to 7 years.
• Grace period: up to 5 years on principal (generally 2 years).
• Loan amount: between €25,000 and €1.5 million, not exceeding the applicant company’s equity.
• Interest rate: two tranches — one referenced to the 12-month EURIBOR and another linked to the company’s financial profitability.
  
• No additional collateral: only the technical and economic viability of the business plan will be evaluated.
  

See the full and updated information on ENISA’s official website.

ENISA will also continue managing funds from other ministries, focusing on the agri-food sector (AgroInnpulso), the audiovisual, cultural and creative industries, and female digital entrepreneurship (Emprendedoras Digitales).

ENISA will also maintain its role as the certifying body for emerging companies, as established by the Startup Law.

Why This Change Matters

This 2025 modification is more than just a budgetary adjustment:

✔ More companies can access funds: removing fixed windows means projects don’t have to wait for a specific call.

✔ Better planning: entrepreneurs can align financing with their strategy rather than the political calendar.

✔ Greater competitiveness: faster, constant access to capital drives innovation and growth in key sectors such as R&D, digitalization, internationalization, and sustainability.

In the words of ENISA CEO Carolina Rodríguez: “The development of this mechanism guarantees the long-term stability of this public entity.”

💡 If you want to boost your R&D project, Evolution Europe can help you identify the best funding line, prepare a strong application, and guide you throughout the process — so you can focus on making your business vision a reality.