Most current: 11/04/2012
The Balearic Government, through the society|company of reciprocal guarantee ISBA, the access to the credit starts off two new lines of funding to the value of 3 million euros for facility in entrepreneurial, micro, small and medium company. The first is a line of microcredits in investment|inversion as autonomous to the value of 2 million euros, and the second is a line of support to the internationalization of 1 million euros.
These lines join in with the ones already implanted in last November, as the of entrepreneurial (5 million euros), the line of investment in technological innovation (1,5 million euros), the line of investment|inversion for pimes (6,5 million euros), the ones destined to guarantees for liquidity (11 million euros) and those of financial restructuring (3 million euros).
Total INVESTMENT|INVERSION: 16.000.000 €
Line entrepreneurial 5.000.000 euros
Line of microcredits in investment|inversion for freelances 2.000.000 euros
Investment|Inversion line in technological innovation 1.500.000 euros
Line of investment|inversion for pimes 6.500.000 euros
Line of support to internationalization 1.000.000 euros
CURRENT Total: 14.000.000 €
Line of guarantees for liquidity 11.000.000 euros
Line of financial restructuring 3.000.000 euros
All these lines are a fruit of the execution of the Decree-Law 5/2011, of 29 August, of support to the entrepreneurial ones and to the micro, small and medium enterprise of the Balearic Islands and they have the objective of achieving the funding of entrepreneurial projects and creating and consolidating the micro, small and averages undertaken of the Islands, through the adoption of financial measures that favor the investment|inversion, the circulating capital and the liquidity.
It is necessary to remember since the 10 November of 2011 until the 2 March of this year, a total of 217 companies of the Islands having benefited from the lines of funding that started off the Government of the Balearic Islands in last November, with the col•laboració of the society|company of reciprocal guarantee ISBA.
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