On April 3, the Presidency of the Center for Technological Development and Innovation E.P.E. (CDTI) approved the 2024 call for the NEOTEC program, with a maximum total amount of 20 M€ for this call aimed at innovative technology-based companies. The grants will be awarded through the CDTI, a Public Business Entity, affiliated with the Ministry of Science and Innovation. Additionally, within the available budget, a minimum amount of 5 M€ will be reserved for companies led by women.
The aim of this call is to discuss technology and innovation as competitive factors for the development of companies. The call will finance new business projects from small companies that require the use of technologies or knowledge developed from research activities, and in which the business strategy is based on the development of proprietary technology. Furthermore, priority will be given to the inclusion of individuals with a doctoral degree in the company to enhance their capacity for knowledge absorption and generation.
- Grants: as a non-repayable subsidy of up to 70% of the project budget / 85% if the proposal includes the hiring of doctors.
- Minimum fundable budget: 175,000 euros.
- Maximum grant: 250,000 euros per beneficiary / 325,000€ if the proposal includes the hiring of doctors.
- Deadlines: starts on April 10, 2024, and ends on May 10, 2024.
Following the publication of the new call and given its importance and the interest generated in the sector, we at BIOVEGEN have prepared a report that summarizes the main characteristics of the NEOTEC 2024 Call.