You started your startup and had the good fortune of being in Galicia, where you have one of the greatest structural advantages of the Spanish ecosystem. In Galicia, you don’t have to chase isolated subsidies; the essential starting point is first to get to know IGAPE’s offerings.
It is mandatory for every startup to have as a first stop getting to know the IGAPE financial lines with SGR guarantee. These allow you to finance investment and working capital with subsidized interest rates, with amounts of up to 1,000,000 euros. However, the most interesting thing here is not only the amount or the preferential interest rate obtainable, but the flexibility of use: productive investment, cash flow needs, or bank debt restructuring, all within a standardized scheme and with procedures channeled through the SGRs.
For projects in very early stages, the specific call for Startup Grants stands out, aimed at subsidizing incurred expenses and investments. It doesn’t replace structural financing, but it reduces the net cost of validating technology, refining prototypes, and covering commercial ramp-up, and above all, it serves as a signal of institutional traction for negotiating with investors.
As the business plan matures, it’s advisable to take advantage of complementary instruments from IGAPE itself that reinforce competitiveness. In exports, the FOEXGA lines provide support for internationalization and participation in missions or other actions, while horizontal programs such as Empresa Cibersegura or ASG grants help professionalize critical operations and comply with criteria already demanded by clients and financiers. Integrating these levers into the annual budget allows you to improve margins and, in turn, raise your score in the eyes of banks and funds.
Finding financing should begin not only by knowing the structural capabilities of the company, or the potential of the venture to start, but also the ecosystem of support for entrepreneurs that exists. And this is one of IGAPE’s additional strengths, where it not only presents initiatives of financial interest for companies, but also a business network with fairs and constant calls for new entrepreneurs.
Having professional support, such as that offered by the Economic Office of Galicia, can be decisive for successful implementation. Take advantage of the specialized advisory services and the free resources at your disposal to strengthen your business project.
