Business schemes and finance in Tenerife

Raising money for a business can be a difficult task, but not impossible.  Of course the first port of call for most people is their bank, however even at the best of times, banks can be unwilling back a business.  There are a number of alternative avenues from both the private and the public sectors that may prove suitable, and for which you and your business might be eligible.  Tenerife Lifeline looks through the different facilities available.
 

Useful links about business schemes and finance in Tenerife

A Certificate of Electronic Signature is required to file on-line applications. 

Information about risk capital companies working in Spain.

The social security's Pago unico

Instituto de Crédito Oficial has a range of financing facilities.

Canary Islands Special Zone has various benefits for businesses

SOFITESA also work within the ZEC

The World Trade Center operates in Tenerife, and may be useful if your business trades internationally.

If you have a registered business in Tenerife, then you pay for membership of the Chamber of Commerce of Santa Cruz de Tenerife and there’s lots of useful information on the site in Spanish.

Useful information and links for businesses Sistema de Información Empresarial de Canarias (SIECAN)

The European Union offer various grants to businesses

Search business benefits from the Canarian Government

The Spanish Government grants different forms of aid through its different departments

The public tender offers for aid and subsidies from the Canary Islands Government are published regularly

The Island Council of Tenerife grants aid that is set out in detail on its web site

FIFEDE, the Fundación Insular para la Formación, el Empleo y el Desarrollo Empresarial (Islands Foundation for Training, Employment and Business Development)

Fyde-CajaCanarias Foundation deals with training, information and research