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Global Trade Alert

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Spain: ICO increases the budget of Next Tech Fund by EUR 2 billion

Description

On 30 March 2023, the Spanish government allocated an additional EUR 2 (USD 2.17) billion to finance companies' high-impact digitalisation projects and/or technological start-ups and scale-ups. The me...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Mar 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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