Aid for internationalisation

AID FOR INTERNATIONALISATION

globalara-ayudas-internacionalizacion

Subsidies and grants that best fit your internationalisation project


GLOBALARA identifies the grants and subsidies from different organisations that are most suitable for the internationalisation of your company.

Public administrations, chambers of commerce, sectorial associations, generalist associations, etc. can process or grant subsidies to SMEs that develop foreign promotion actions for the opening of new markets or the introduction of new products. At GLOBALARA we carry out an exhaustive follow-up of the programmes that the different associations have open to see which one best adapts to our client's needs in order to promote international business strategies that improve the strategic positioning in foreign markets.

There are multiple benefits of betting on foreign trade, such as:

  • Learning from the competition: One of the great advantages of the internationalisation of companies is that they increase their growth and learning by relating to other competitors. It is an opportunity to know how they manage themselves, how they solve their problems or how they act in certain situations that will also help you in your day-to-day business.  
     
  • Possibility of adjusting costs: Companies can move part of their processes abroad in order to reduce costs. Similarly, in the case of digital internationalisation, purchasing processes can be optimised, management improved and a global market accessed from the Internet so that profit margins are higher without having to settle elsewhere.
     
  • Consolidation of the company: A company that invests in foreign trade also increases its brand reputation. Furthermore, these businesses are consolidated and it has been demonstrated that they can better face possible crises that may arise in the future as they will not depend on a single market.
     
  • Extension of benefits: By having the possibility of diversifying your business lines and accessing other markets, companies will also be able to generate greater benefits. 
     
  • Government incentives: There are various aids to promote foreign trade, such as aid for internationalisation. This undoubtedly reduces the financial effort and risks.

 

Action plan 2017-2027: main support for internationalisation

Below you can find the main grants corresponding to the 2017-2027 action plan aimed at promoting aid and subsidies for the internationalisation processes of companies, according to the granting body:


Aid for internationalisation from the Spanish Institute for Foreign Trade

The ICEX-NEXT programme, of the Spanish Institute for Foreign Trade (https://www.icex.es/icex/es/navegacion-principal/todos-nuestros-servicios/programas-y-servicios-de-apoyo/programa-icex-next/que-es/index.html), grants aid and subsidies to promote and consolidate the internationalisation of SMEs. The endowment for each company is a maximum of 10,400 euros, although this aid also offers its beneficiaries personalised advice and the possibility of joining the Next Club, the largest network of export SMEs in Spain.

The requirements for access to ICEX-Next aid

  • Have your own product or service that can be marketed internationally. In the case of service companies, that these are provided abroad
  • Have your own brand.
  • Not be commercial or productive affiliates of foreign companies
  • To have a turnover of more than 100,000 euros. This requirement does not apply to technology-based start-ups with a marketed product or service.
  • Not having participated in ICEX start-ups (PIPE or ICEX Next).
  • Have a competitive business model.
  • Have sufficient financial capacity to undertake their international development.
  • Have a suitable and motivated management team to lead their foreign project.
  • Require expert advice to develop or promote your market access strategy.
  • Willingness to share thoughts and experiences in international markets with other SMEs.
  • Presentation of applications

The official ICEX website provides information on how to carry out these procedures

Link: https://www.icex.es/icex/es/navegacion-principal/todos-nuestros-servicios/programas-y-servicios-de-apoyo/programa-icex-next/bases-de-la-convocatoria/index.html

If you need it, from GlobalAra we can help you with this process.

 

Aid for the internationalisation of the Chamber of Commerce

The Chambers of Commerce currently have three programmes aimed at encouraging and promoting the internationalisation of companies. All of them have an active period until 2020 and the support and co-financing of the ERDF (European Regional Development Fund).


Xpande

It offers advice and development of methodology that maximizes the chances of success in international markets. The aid is implemented in two phases, a first phase of advice and training followed by a final phase in which economic financing is obtained

Link: https://www.camara.es/comercio-exterior/plan-de-expansion-internacional-para-pymes


Xpande Digital

Help exclusively oriented to promote digital marketing to improve the company's positioning in international markets. It is also developed in two phases, the first consisting of an exhaustive analysis and the second in the implementation of the plan with a subsidy of up to 80% for investments of up to 4,000 euros.

Link: https://www.camara.es/comercio-exterior/xpande-digital


PIP

The Chambers of Commerce also make the International Promotion Programme available to companies. In this case, there is no money, but participation in fairs, trade missions, business meetings and other promotional activities aimed at improving the company's image abroad and encouraging its internationalisation is offered free of charge (the costs are covered by the ERDF).

Link: https://www.camara.es/comercio-exterior/programa-internacional-de-promocion-pip

If you need it, from GlobalAra we can help you with this process.


Aid for the internationalisation of the European Union

For those SMEs whose product also falls within the R&D&I sector, it may be very interesting to find out about the SME Instrument sub-programme. 

SME Instrument is developed in three phases, which start with the evaluation of the viability of the product or commercial idea, continue with a second development phase and end with a third phase focused on commercialisation and internationalisation.

Link: https://ec.europa.eu/programmes/horizon2020/en/h2020-section/eic-accelerator-pilot

 

Contact GLOBALARA and find out which grants and subsidies best fit your company's internationalisation project. We know how to help you.

GLOBALARA works for your organisation, looking for new clients, opening new markets and helping you to consolidate your international presence.

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