Financial Office of the Regional Development Office of the Region of Murcia (INFO)
Published on 01 June 2018
Spain
Región de Murcia
This is the good practice's implementation level. It can be national, regional or local.
About this good practice
A specialist will guide the company to find and process the request for that economic boost that your company needs to grow. The multiple options available, from non-reimbursable grants from different organizations, both regionally and nationally to different sources of alternative financing, such as participative loans and contributions from private investors, will be within your reach so that no good idea remains doors of success. Its objectives are the following:
1. Analysis of financial aid and instruments available at any time
2. Study of the financing sources that best adapt to each business project
3. Mediation before financing organizations: Collaboration agreements
Financial solutions:
• Innovative young companies
• Industry 4.0 and competitive improvement
• Seed Risk Capital
• Venture Capital Growth and expansion
• Network of committed investors
• A financial or technical endorsement
Other Financial solutions:
• Innovation and growth
• R+D
• External implantation
• Regional Incentives
• Financial entities
Target group: Business projects, companies
1. Analysis of financial aid and instruments available at any time
2. Study of the financing sources that best adapt to each business project
3. Mediation before financing organizations: Collaboration agreements
Financial solutions:
• Innovative young companies
• Industry 4.0 and competitive improvement
• Seed Risk Capital
• Venture Capital Growth and expansion
• Network of committed investors
• A financial or technical endorsement
Other Financial solutions:
• Innovation and growth
• R+D
• External implantation
• Regional Incentives
• Financial entities
Target group: Business projects, companies
Expert opinion
Information barriers continue to be an important reason why entrepreneurs are struggling to access funding and thus grow their company. As such, financial advisory services that are offered to companies are popular like in the case of the Regional Development Office of the Region of Murcia, which acts as a single point of contact for SMEs. The experts take into account the companies’ needs, process all the available options and financial solutions and present relevant information in a coherent way so that the companies could proceed with their innovation projects. The solution has very high replication potential and could benefit local entrepreneurs anywhere in Europe.
Works at
Interreg Europe Policy Learning Platform
Resources needed
-Economic resources: agreements signed with the funding agencies like banks, private angels net...
-Physical resources: standard
-Human resources: one half-time coordinator & the collaboration of other colleges fromthe different departments of INFO and also from the other ministry
-Physical resources: standard
-Human resources: one half-time coordinator & the collaboration of other colleges fromthe different departments of INFO and also from the other ministry
Evidence of success
The Financial Office advises 1,500 companies every year
5,974 companies assisted
Alternative financing:
• 1,824 companies financed
• 326 million euros
5,974 companies assisted
Alternative financing:
• 1,824 companies financed
• 326 million euros
Potential for learning or transfer
Thanks to the personalized advice that is given to the company, it is able to know the different options available from the point of view of financing or non-refundable aid to carry out your project.
Further information
Website
Good practice owner
You can contact the good practice owner below for more detailed information.
Organisation
Regional Development Office of the Region of Murcia (INFO)
Spain
Región de Murcia
Contact
Director