Axon Desarollo Andalucía
Summary
- 40M vehicle for projects and enterprises in the field of innovation and digitalisation.
- Funds sources: program under the scope of the European Regional Development Fund (ERDF) for the programming period 2021-2027, holding fund created by the EIB and the Andalusian Government.
- Investment period: subject to availability until December 2027.
- Co-investment: contribution by a private entity of at least 30% of the investment/loan amount.
- Investment in Andalusia: headquarters in Andalusia or investment located in the region through a relevant operational centre.
- Project economically viable and up to date with financial and tax obligations.
Investment Areas
Adoption/improvement and diffusion of digital technologies, such as:
-Comprehensive projects that enable the adoption of digital technology in different internal management processes.
-Supply chaing Management.
-Customer relations, marketing, e-commerce.
-Digital business administration including cybersecurity.
-Comprehensive projects that enable the adoption of digital technology in different internal management processes.
-Supply chaing Management.
-Customer relations, marketing, e-commerce.
-Digital business administration including cybersecurity.
Including those related to university-business collaboration:
– Deriving/continuing previous projects in the field of research, development, incremental innovation which have benefited from the deductions provided for Corporate Tax.
-Research, Development or Innovation Activities/Projects, including process and organizational innovation projects, that can benefit from the corresponding certification, such as AENOR.
– Deriving/continuing previous projects in the field of research, development, incremental innovation which have benefited from the deductions provided for Corporate Tax.
-Research, Development or Innovation Activities/Projects, including process and organizational innovation projects, that can benefit from the corresponding certification, such as AENOR.
-Biotechnology
-Robotics
-Data storage and management
-Cybersecurity
-Artificial intelligence
-New materials
-Nanotechnology
-FinTech
-CleanTech/ GreenTech
-HealthTech (access and digitisation of health services
-Robotics
-Data storage and management
-Cybersecurity
-Artificial intelligence
-New materials
-Nanotechnology
-FinTech
-CleanTech/ GreenTech
-HealthTech (access and digitisation of health services
Facilities, resources and related services used by the scientific community to conduct research in their respective sector.
Enterprises that fulfil any of, but not limited to, the following criteria:
-Enterprises registered in the register of innovative SMEs.
-Fast Growing enterprise (annual growth during 3 accounting years of at least 20% in sales or direct employees).
-Registered technological rights which use is supported by the requested funding.
-In the last 36 months has either received funding from a venture capital investor, has incurred RDI qualified. expenditure, or has formally received funding from EU RDI support schemes.
-Enterprises registered in the register of innovative SMEs.
-Fast Growing enterprise (annual growth during 3 accounting years of at least 20% in sales or direct employees).
-Registered technological rights which use is supported by the requested funding.
-In the last 36 months has either received funding from a venture capital investor, has incurred RDI qualified. expenditure, or has formally received funding from EU RDI support schemes.
In particular those with a technological or innovation base, for RDI, digitalization projects and innovation processes.
Financial Instruments
Equity
- Initial ticket between 1-5M with the capacity to follow on.
- Co-investment: contribution by a private entity of at least 30% of the amount of the investment/loan.
- Type: minority stakes in the capital.
Debt
- Initial ticket between 1-5M with the capacity to follow on.
- Co-investment: contribution by a private entity of at least 30% of the amount of the investment/loan.
- Type: equity loans, venture debt, bullet /balloon.
Requirements
Investments located in Andalusia or mainly located in Andalusia. In the case of innovative companies, the requirement is met if the head office is located in Andalusia.
– Economic-financial: sufficient capacity to repay and offer an acceptable rate of return.
– Technical and commercial.
– Partners/promoters: must be able to demonstrate their financial solvency and the preparation/experience of the team.
– Technical and commercial.
– Partners/promoters: must be able to demonstrate their financial solvency and the preparation/experience of the team.
Substantially completed/executed projects, restructurings/refinancings and pre-financings/grant bridge financings.
Projects, start-ups, SMEs, large companies (in certain cases), innovative clusters, economic interest groups, foundations, universities and public administrations.
– Must develop a project in an eligible field and be in line with the S4Andalucía strategy.
– It must develop its economic activity in Andalusia (AEAT certificate that it pays IAE in Andalusia or proof that the project will be developed mainly in this region).
– It must be registered with the AEAT and therefore comply with the accounting rules in force. This will be accredited by the submission of the latest tax returns in accordance with the applicable regulations (“Corporate Tax Return”).
– Carry out the appropriate information and publicity measures in accordance with the requirements and guidelines available on the website of the Junta de Andalucía) and the applicable publicity requirements established in Article 50 and Annex IX of Regulation (EU) 2021/1060 of the European Parliament and of the Council of 24 June 2010.
– Not be in a situation of exclusion (default, bankruptcy, irregularity, fraud, etc.).
– Not be a company in difficulty within the meaning of art. 2 (18) of Regulation (EU) No 651/2014.
– Not belonging to “restricted sectors” (production of arms, tobacco, alcoholic beverages, etc.).
– Not indebted to the Public Treasury (national, regional and local) or to social security.
– Other possible exclusions.
– It must develop its economic activity in Andalusia (AEAT certificate that it pays IAE in Andalusia or proof that the project will be developed mainly in this region).
– It must be registered with the AEAT and therefore comply with the accounting rules in force. This will be accredited by the submission of the latest tax returns in accordance with the applicable regulations (“Corporate Tax Return”).
– Carry out the appropriate information and publicity measures in accordance with the requirements and guidelines available on the website of the Junta de Andalucía) and the applicable publicity requirements established in Article 50 and Annex IX of Regulation (EU) 2021/1060 of the European Parliament and of the Council of 24 June 2010.
– Not be in a situation of exclusion (default, bankruptcy, irregularity, fraud, etc.).
– Not be a company in difficulty within the meaning of art. 2 (18) of Regulation (EU) No 651/2014.
– Not belonging to “restricted sectors” (production of arms, tobacco, alcoholic beverages, etc.).
– Not indebted to the Public Treasury (national, regional and local) or to social security.
– Other possible exclusions.
Contact People
Macarena González
Senior Manager
Marta Escobar
Senior Associate
Meet the rest of the Axon Team.
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