NEOTEC Women Entrepreneurs Programme. 2022 Call for Applications

These grants will finance the launch of new business projects by innovative companies led by women, which require the use of technologies or knowledge developed from research activity and in which the business strategy is based on technological development.

Summary sheet of the assistance

Action

NEOTEC Women Entrepreneurs Programme

Overall Objective

The grants will finance the launch of new business projects by innovative companies led by women, which require the use of technologies or knowledge developed from research activity and in which the business strategy is based on technological development.

Beneficiaries

Innovative small companies led by women.

The beneficiaries will be innovative small companies led by women, according to the terms set out in Annex 1 to the call for applications. These companies must have been established no more than three years prior to the closing date for the submission of applications for aid under this call; have a share capital, or share capital plus issue premium, of at least €20,000, paid in full; and be fully recorded in the corresponding registry prior to the submission of the application.

Likewise, they must be up to date with their obligations to file their annual accounts, both individual and consolidated, where applicable, with the Commercial Registry or corresponding official registry on the date of the deadline for submitting applications for aid under the call.

For more information, please download the call for applications.

Call type

Competitive tendering with submission periods.

Submission deadline

From 17 February to 19 April 2022, at 12.00 Spanish peninsular time.

Call Status

Closed.

Type of assistance

Grant

Call budget

€5,000,000.

Characteristics of the assitance

Subsidies up to 70% of the activity budget, with a grant of up to €250,000 per beneficiary.

Characteristics of the project

Minimum eligible budget: €175,000.

Projects lasting one or two years. They shall start on or after 1 January 2023 and may end on 31 December 2023 in the case of a one-year project or on 31 December 2024 in the case of a two-year project.

Call funding

The call will be funded by CDTI assets.

Grants cannot be combined with any other NEOTEC aid awarded before or after the grant awarded under this call.

Allows for generating motivated reports

No.

Specific objectives

Grants may be awarded to business projects in any technological and/or sectoral field.

Business models that are mainly based on services to third parties, without in-house technology development, are not eligible for this call.

Initiatives that do not clearly reflect the continuity of technological development in their business plan will also not be eligible for support.

Funding will be provided for costs arising from the launch of a new business project by an innovative company, provided that they are included in the business plan and are necessary for the development of the project.

Gastos elegibles

The following expenditure may be funded:

a) Investments in equipment

b) Staff

c) Materials

d) External collaborations/consultancy

(e) Other expenses: rent, utilities, royalties and licences, application and maintenance fees for patents and other industrial property rights, insurance and costs arising from the auditor's report

Evaluation criteria

The evaluation criteria, as indicated in the call, are as follows:

Criterion

Score

Minimum

1. Assessment of the commercial operational plan for the project. This includes the business model, predicted revenue generation, market potential, barriers to market entry, competition and product/process/service advantages.

0–30

15

2. Assessment of the project technology and innovation. This includes the proposed technology, the technological need and its differential value, innovation and the technical challenge. The intellectual and industrial property management plan will also be analysed, and the quality and clarity of the proposal presentation will be taken into account.

0–35

21

3. Assessment of the management capacity of the team involved in business development. This includes competence and prior professional training and experience in relation to the project. The degree of commitment and dedication of the technical and management team to the business project and their relational skills will also be taken into account, and the team's links with networks and environments that support entrepreneurship will be assessed.

0–30

15

4. Assessment of the socio-economic and environmental impact. This includes the predicted job creation covered in the business plan, private investments mobilised and measures aimed at gender equality, social inclusion and sustainability.

0–5

N/A

 

For an application to be eligible, it must have a final mark of 50 points or above, respecting the minimum marks required for each of the criteria.

Applications that do not reach the threshold of 21 points required for Criterion 2: Assessment of the project technology and innovation, will be rejected without the other criteria being assessed.

Processing of calls