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Entrepreneurship: Promoting new business

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Entrepreneurship: Promoting new business

Entrepreneurship and Social Innovation

Facilitate the launch of new projects involving innovative social entities or companies and promote the creation of new innovative social entities or companies in Bizkaia.

Doings:

Non-repayable subventions for plan company development expenditures and for the costs of launching new businesses or innovative social entities.

SEED CAPITAL

Seed Capital de Bizkaia is a Regional Council company affiliated to Biscay Regional Council’s Department of Economic Development and Innovation  whose aim is to promote and develop new and existing companies  new products, markets or production processes, improved management, stability or continuity, vision for the future, the creation of stable jobs and the generation of wealth , to support the creation, growth and consolidation of new innovative companies as well as any business iniciatives socially innovative.

There are three types of funds:

  • A Fund called SEED to promote and encourage to take part in the shareholding of companies of new creation.
  • A Fund called DEVELOPMENT to promote and develop new and existing companies  new products, markets or production processes.
  • A Fund called SOCIAL INNOVATION to support the creation, growth and consolidation of new innovative companies as well as any business iniciatives socially innovative.

And A Fund called SEED CAPITAL DE BIZKAIA, FONDO DE CAPITAL RIESGO open to any public or private investor wishing to invest in it to promote and develop companies in a microfinanciation sphere.

Doings:

  • Shareholding in Social capital.
  • Loans and shareholding.
 
 

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