Portal de Murcia
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The Government Board has given green light to an agreement between the City of Murcia and AVALAM for the development of actions in the area of ​​Employment, economic promotion and promotion of entrepreneurship.
The purpose of this agreement is to establish a special line of free financing to finance the credit operations guaranteed by AVALAM, in favor of entrepreneurs who, from the Center for Municipal Initiatives (CIM-M), the City Council Support and counseling services.
This will provide the necessary financial resources to newly established SMEs, so that they can undertake the necessary investments in the start-up or growth of their business project.
The requirements to access this line of aid are to be SMEs and be constituted at most in the 24 months prior to the request with the exception provided for new openings, have main activity and registered office in the municipality of Murcia and that the business project has With technical and economic viability
The financial resources will be allocated to Investment and Working Capital.
The acquisition of fixed assets and working capital will be financed, necessary for the start-up or expansion of the business project.
The initial endowment of the special line of financing is a bag of 325,000 euros for the current year.
The Banking Entities adhered to the Financing line are Cajamar and BMN
The objective of this agreement is to promote entrepreneurship and entrepreneurial innovation in society, fostering an entrepreneurial culture at an early age
Source: Ayuntamiento de Murcia
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