At the national level, the CDTI has various instruments for financing R & D & i projects and for the creation and consolidation of technology-based companies. In addition to financing, the CDTI can issue the Reasoned Report for tax relief for R & D & I activities.
Research and Development Projects (PID)
They are applied business projects that aim to create and significantly improve a process, product or service, and may include industrial research and experimental development activities.
CIEN strategic projects
Financing of large industrial research and experimental development projects of a strategic and large-scale nature.
INNPRONTA
Subsidies by call for the realization of integrated projects of experimental development. Co-financed with ERDF.
INNODEMANDA
Financing instrument to support the technological offer that attends innovative public procurement processes.
EEA Grants
Funds from the Financial Mechanism of the European Economic Area (2009-2014) dedicated to promoting business R & D & I in Spain. They subsidize research and development projects (PID) in renewable energy, energy efficiency, climate change and environmental technologies.
FEDER – INNTERCONECTA
Subsidies by call for the realization of integrated projects of experimental development. Co-financed with ERDF.
Innovation Hotline
Support for projects that involve incorporation and adaptation of new technologies. Co-financed with the Technology Fund.
Global Innovation Line
Financing investment in innovation and incorporation of innovative technology for the growth and internationalization of companies that carry out their activities in Spain, both in facilities located in Spain and abroad.
ERDF co-financing
CDTI uses ERDF co-financing to subsidize research and development projects (PID) as well as to launch specific programs: ERDF Innterconecta.
EIB financing
Funds from the European Investment Bank to finance loans granted by CDTI to R&D projects.
CENIT Resolutions
Publication of the resolutions of this program, completed in 2010.
CDTI projects approved
Consult the list of projects approved by the CDTI classified by Technologies.
Control of results
CDTI measures to monitor the projects it supports financially.
The Center for Industrial Technological Development evaluates and finances R&D projects developed by companies, regardless of their sector of activity and size.
The entities that can receive financing are Commercial Companies with the technical capacity to carry out a research, development or technological innovation project and the financial capacity to cover a minimum of 25% of the total project budget with their own resources. The financed items include: depreciation of fixed assets, personnel dedicated to the project, materials, external collaborations and other project costs.
Projects can be submitted by a single company or in cooperation between several companies.
The financing offered by the CDTI to companies consists of partially reimbursable grants that cover up to 75% of the total project budget. The non-refundable tranche ranges between 5% and 30% of the CDTI contribution. The repayable part consists of loans at the one-year Euribor interest rate, with a repayment period of 10 years.
The CDTI also has a specific program to support the creation and consolidation of innovative technology-based companies (NEOTEC Initiative).
The level of R + D + i activity in a country can be calculated by means of the ratio between R + D + i spending and gross domestic product (GDP), breaking down spending on public spending and private spending (I + tax deductions D + i) .2
All countries seek, to the extent of their possibilities, to promote activities related to R + D + i through support policies (subsidies, deductions, subsidized loans and others), due to the fact that a high level of R + D + i implies a greater strength of the products or processes that differ positively from those of its competition. In addition, many of the activities are potentially generators of social advances in the form of quality of life, improvement of the environment, health, etc.
In these cases to support these activities there is a set of UNE standards:
The UNE 166000 series, which includes the UNE 166001 standard, aimed at R + D + i projects.
UNE 166002 on R + D + i management system requirements
UNE 166006 relative to requirements on the technological surveillance system
How can you access this funding?
Once the technological opportunity is identified, the company presents a brief report on its project (preliminary information) through the CDTI Grant Request Management System. This report, of an indicative length of 3 or 4 pages, must reflect the most notable technical characteristics and the commercial viability of the project, together with general information related to the company. With this report, the company will have a first response on the interest of the proposal and suggestions to clarify or improve the quality. In the event that it does not comply with the minimum lines and criteria of excellence required, the company will not have made a great effort in preparing this documentation.
Based on this documentation, the company prepares and presents the detailed project to the Center. In its preparation, it will be guided by the Questionnaire for the Presentation of Projects, also available through the CDTI Grant Application Management System. The company can present the detailed project directly if it wishes, without the need to present preliminary information, although it is not recommended. In the case of Multi-Objective Development projects, it will be necessary to present a preliminary preliminary report.
The CDTI will evaluate the technical, commercial and financial viability of the project presented and will determine if it has the required level of quality and if its content is adapted to the general lines of the technological policy of the Ministry of Science and Innovation. This evaluation process is dynamic and, while it is being carried out, CDTI may ask the company for improvements or the correction of defects in the initial approach.
The evaluation of the project is presented to the CDTI Board of Directors, which approves or rejects the request for funding. In case of approval, the CDTI and the company sign a contract that reflects the characteristics of the loan.
The CDTI disburses the credit granted as the pre-established technical milestones of the project are reached (the company can request bank pre-financing until certification), an aspect that is verified through visits to the company. Once the project is finished, the company proceeds to repay the loan according to the planned schedule.