Enisa, a public entity under the Ministry of Industry and Tourism, continues to support and strengthen innovative entrepreneurship in Spain through the granting of participative loans. In 2025, it will significantly increase its budget thanks to the creation of a new mechanism: FEPYME.
“This is great news for the ecosystem. We've managed to respond to a long-standing demand: with this mechanism, the budgetary management of the loans will no longer be subject to seasonality and will have permanent availability,” said CEO Carolina Rodríguez.
The FEPYME mechanism is funded by the European Union through the Recovery and Resilience Facility of Spain’s Recovery, Transformation and Resilience Plan (PRTR). It is managed by the Ministry of Industry and Tourism via the Secretary of State for Industry. The legal foundation of the mechanism was established in the ninth additional provision of Royal Decree-Law 8/2024, dated 28 November 2024, as one of the milestones of Investment 12 within Component 13 of the PRTR.
FEPYME has an initial allocation of €303 million, available until 31 August 2026. From that point onward, funding will be allocated through Spain’s General State Budget. This ensures Enisa’s financing capacity for Spanish startups and innovative SMEs—both in early and growth stages—throughout the year. “The development of this mechanism guarantees the long-term stability of this public entity,” Rodríguez added.
The FEPYME mechanism represents a transformative step forward for Enisa and brings several key benefits:
Enisa’s financing is a key tool of the Spanish Government to support innovative SMEs and startups. It offers participative loans without the need for collateral, making it easier for companies to access capital to grow, innovate, and improve competitiveness. Enisa also promotes the creation of new businesses, particularly in strategic sectors, fostering youth and female entrepreneurship, quality job creation, digital transformation, technological development, and sustainability.
In addition, Enisa will continue to manage funding from other ministries, with a focus on supporting the agri-food sector (AgroInnpulso line), the audiovisual and cultural and creative industries, and female digital entrepreneurship (Digital Women Entrepreneurs line).
Enisa will also continue its role in certifying emerging companies under the Spanish Startup Law.
Enisa (Empresa Nacional de Innovación) is a public company attached to the Ministry of Industry and Tourism of Spain. Its mission is to help viable and innovative projects—led by entrepreneurs and Spanish SMEs—access the funding they need to grow and compete globally.
This financial support is provided through participative loans ranging from €25,000 to €1.5 million. This form of alternative financing is particularly suited to SMEs, requiring no collateral beyond a sound business project and the professional solvency of the management team.
Enisa also serves as the certifying body for startups seeking to benefit from the tax advantages and special measures under Spain’s pioneering Startup Law, which fosters a favourable legal environment for the growth and success of startups. To date, more than 1,700 companies have been certified.
Since launching its participative loan program, Enisa has granted over 9,360 loans, supporting more than 8,130 companies with total funding exceeding €1.44 billion.
More info: www.enisa.es
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