The total amount of loans requested until last Monday, the day the deadline was closed, amounts to 655,729,032 million euros, which is higher than the endowment of the program (400 million euros). For the Secretary General of Industry and SMEs, Raül Blanco, "the success of the call demonstrates the important territorial impact of this new edition of the Program, which for the first time receives applications from all the Autonomous Communities, Ceuta and Melilla; the Program reinforces aid to companies to promote their growth and modernization, facilitates the creation of new industrial companies and, ultimately, improves the competitiveness of Spanish industry. "

Andalusia leads the number of applications with more than 131 million euros requested by 84 companies.

It is the second call of 2019. In the first, the Program granted 388 million euros of loans to 211 projects.

The design and execution of the Program has been carried out through shared management with the Autonomous Communities. It also incorporates an alignment with the Sustainable Development Goals and support for the just transition in vulnerable areas through decarbonization processes.

The financial support will take the form of loans of 75% of the budget that can be financed at a fixed interest rate of 1% throughout the life of the loan. The loans are long-term, ten years, of which the first three are of lack.

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