Agreement for cooperation with the Spanish Institute for Foreign Trade (ICEX)
Line of funding to foster growth and development in internationalisation for companies taking part in ICEX programmes.
Generic line of funding:
Companies in receipt of the following ICEX programmes are eligible for this generic line of funding:
- Establishment and Promotion Abroad.
- Foreign Promotion and Brands.
- Programme for the Internationalisation of Spanish companies (PIPE) and the PIPE Club.
- Foreign Tenders.
- Activities organised by Sector Associations (Trade Fairs, Trade Missions etc.).
Advances of Assistance for Business Plans granted by ICEX.
Companies receiving assistance under ICEX Company and Sector Association Programmes may opt to receive an advance of funding. After a study of each case, an advance of up to 90% of the ICEX award may be advanced on the following conditions:
Rate of interest: Euribor (3 months) + 2.5%.
Opening fee: 1%
Maximum term: 12 months
Application period:
Up to 18 April 2011.
Further information available at any of our branches