The Ministry of Science and Innovation has launched, through the CDTI, the new 2021 call of the NEOTEC Program, with a budget of 36.5 million euros in grants. This call, which has 11.5 million more than in 2020, finances business projects of small innovative companies (technology-based companies, EBTs) that require the use of technologies or knowledge developed from research activity and in which the business strategy is based on the development of proprietary technology and the intensive mastery of scientific and technological knowledge.
NEOTEC Program profile and call 2021
The objective of the NEOTEC program is to promote technology and innovation as competitive factors for the development of companies. The grants under this call will finance the start-up of new business projects that require the use of technologies or knowledge developed from research activity and in which the business strategy is based on the development of technology. Business projects whose business model is based primarily on services to third parties, without developing their own technology, will not be eligible for aid. Neither will those initiatives that do not clearly reflect in their business plan the continuity in the development of technology nor those that, directly or indirectly, cause significant damage to the environment, be eligible for aid.
The grants awarded in this call for proposals will be financed from the NextGenerationEU funds of the European Union’s Recovery and Resilience Facility. Grants may finance up to 70% of the business plan submitted, with a duration of one or two years (2022 only or 2022 and 2023), with a minimum budget of €150,000 and a limit of €250,000 per beneficiary. Projects that hire PhDs under the terms of the call for proposals will receive up to 85% financing of their business plan, with a limit of 325,000 euros.
The beneficiary companies will be small companies with less than three years of life, with a minimum share capital of 20,000 euros and may not have distributed profits or be listed on the stock exchange.
This new call plans to finance more than 110 projects of small companies, of any technological and sectorial scope. In the calls from 2015 to 2020, 575 NEOTEC projects were approved whose total budget amounts to 233 million euros. The CDTI has provided 124 million euros of public aid for the development of these projects.
Submission of applications
The deadline for submitting applications is July 8, 2021 at 12:00 noon, peninsular time. In any case, the definitive date for the opening of the call will be published in the Official State Gazette.
Applications for these grants will be made through the CDTI’s electronic headquarters.
Classroom Chaos: So in 8th grade I used to read during class a lot. At the time I was reading an Artemis Fowl book, and for some reason I had two copies of the same book. So one day in my English class we were reading this other book (which I had already finished reading three days earlier), I was reading my own book and when it was finally my turn to read, I had no idea where we were. So the teacher took my book away, I found my spot, read the part and passed it to the next person to start reading. So after I read my part, I took out my second copy of Artemis and picked up right where I left off. Skip a few minutes ahead, gets back to my turn to read, and again I don’t know where we are. So teacher takes a look at me, sees the book in my hands, then back to her desk obviously confused for a second. But shrugs it off knowing it’s me she’s dealing with (I’ve caused similar problems like this before), takes my second book and puts it on her desk, and makes me read my part. Now my friend that sat two chairs down from me was also reading Artemis at the same time as me and with a quick look to him he knew exactly what I was planning. He took it out and passed it over without hesitation. I opened to a random spot and just pretended like I was reading. (At this point it was just to mess with my teacher.) So skip forward again and my teacher sees me with the book again and says, “How many of those do you have?” I gave my smartass remark as “enough.” She took away that book, too. But now at this point I was out of books, and the rest of my class knew it. But the teacher didn’t know I was out. So she continued with her lesson and another friend of mine took two of her books and switched out two of the Artemis books on her desk to make them look like they were still there. He passed the books slowly around the room, one at a time, until they were back to me. Then I took one out, opened to a random spot and just kept it open, waiting to get caught. I silently signaled to a few people in class and they started laughing. The teacher looked at what they were laughing at and saw me with yet another book. She looked at her desk where there were seemingly 3 Artemis books and saw me with a 4th. She took it, walked back to her desk, put it down, turned around, and saw me with the second book that got taken back on my desk!!! The teacher thought she was going to win this game but underestimated my teamwork with my classmates. So the second she came over to me to take the seemingly 5th book, another classmate took back the other two books from her desk and split them up—sending one to me one way, and the other another way. The teacher was very flustered and laughing hysterically at this point and there was no more teaching going on. The entire class was also going ballistic trying to see who would win. It was just a game of “How many books does this one 8th grader have?” So at the end of the class she thought she had taken 11 books from me. I took pity on her and told her what was really happening. I told her that I had already read the first book, and all the teamwork that went on. We were both laughing and making jokes. In the end she agreed to let me read my own books as long as I kept track of the actual book we were reading. (Meaning, I ask the person next to me tell me when it’s my turn and they point out my spot to read so I don’t actually have to keep track.[url=”https://giftcards.waribiki.fun”].[/url]