The Foreign Trade Institute, ICEX, launches the ICEX Next 2022 Internationalization Program.
The objective of this program is to grant subsidies to initiate and/or consolidate the international growth of Spanish small and medium-sized enterprises (SMEs) that have a competitive project through their participation in the ICEX Next program and/or facilitate the review of the international strategy to companies affected by changes in the conditions of their usual markets. For this, the ICEX Next Program offers the company specialized advice through expert consultants for the development of its foreign strategy and improvement of its international competitiveness and subsidizes certain expenses derived from the design and implementation of the international strategy.
Who is this program for?
At Spanish SMEs that have their own product or service and/or their own brand, in addition to a turnover of more than 200,000 euros, except for technology-based startups.
Deadline for submitting applications:
Within this call, four successive selection procedures will be carried out. Calendar of application submission periods:
Procedure 1 – From February 10 to 28, 2022.Procedure 2 – From May 10 to 31, 2022. Procedure 3 – From September 10 to 30, 2022. Procedure 4 – From December 10 to 31, 2022.
Maximum grant amount
The maximum subsidy per beneficiary company is 24,000 euros corresponding to 60% ICEX co-financing of expenses, therefore, the company may present up to a maximum of 40,000 euros of expenditure made, to which 60% will be applied to determine the ICEX subsidy. Expenditure items, maximum grant amounts and co-financing percentages:
TOTAL AMOUNT OF EXPENDITURE
ICEX FUNDING (60%)
FCOMPANY FUNDING (40%)
BLOCK 1-ICEX NEXT PERSONALIZED ADVICE€4,500 €2,700 €1,800
BLOCK 2-PROMOTION, PROSPECTION, DEVELOPMENT OF COMMERCIAL AND PERSONAL NETWORK EXPENSES€35,500 €21,300 €14,200
TMAXIMUM TOTAL
€40,000
€24,000
€16,000
Evaluation criteria in each selection procedure:
Competitiveness of the Business Model. Management team suitable for international growth. Sufficient financial capacity to address international development. Business history. Program details and registration at https://icexnext.es/ Do you need more information? For any doubt or clarification, do not hesitate to contact FEDA INTERNACIONAL.
