ICEX España Exportación e Inversiones will allocate 7.2 million euros throughout 2023 to support the internationalization of Spanish SMEs through the programme, ICEX Next. This is co-financed by the European Union, through the European Regional Development Fund (FEDER), helps Spanish SMEs or startups to internationalize their products or services, through personalized advice on foreign trade and financial support of up to €24,000 to defray part of the expenses of the start-up of its international business plan.
How does it work
The ICEX Next program works in two areas: On the one hand, it provides 30 hours of advice in which an expert assigned to the company will help it review or implement a strategic international business plan, both offline and online, and other specialized consultants will encourage the company to improve its competitiveness in fundamental areas such as digital transformation and international contracting or bidding.
In addition, if the company has been affected by the Brexit in your commercial operations with the United Kingdom, you will be able to access a monitoring or contingency plan that will help you successfully face the new circumstances.
On the other hand, ICEX Next covers 60% of the expenses caused by the actions made to develop the strategic international business plan, up to a maximum of €24,000. Those related to prospecting and market studies in other countries are included; the international promotion of the brand, products or services; the development of a commercial network abroad, and the hiring of personnel for the international department of the company.
In addition, by participating in this program, you also become part of the ICEX Next Club, which has a series of exclusive advantages related to the internationalization of the company.
Requirements to participate
The conditions that must be met to qualify for this program are:
- Being a Spanish SME or startup
- Have your own product or service that can be marketed internationally and your own brand.
- Not be a commercial or productive subsidiary of a foreign company.
- Have staff for the internationalization process.
- own a website
- Have a turnover of more than 300,000 euros (except in the case of startups).