Global Trade Alert
Global Trade Alert

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

Announcement

30 Mar 2023

In March 2023, the Spanish government increased the budget of the Next Tech Fund by EUR 2 billion. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

30 Mar 2023

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

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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