To support and encourage the development of early-stage ventures throughout the province, the Mendoza Government extended until Friday, June 14, or until space is exhausted, registration for this fourth edition of the program, which will provide financial aid of up to two million. pesos per person and project.
The Directorate of Entrepreneurs and Cooperatives, dependent on the Ministry of Production, launched a new edition for the Mendoza Emprende Semilla program. This initiative encourages and stimulates the creation or scaling of ventures in early stages.
With the new call, entrepreneurs and SMEs in the province will be able to access financing of up to $2,000,000 to grow their projects or start new ones.
In this edition of the program, applicants will be able to access financial assistance of up to $2,000,000, which will be repaid in up to 24 months, at a nominal annual variable rate equivalent to 50 percent of the nominal annual active rate due in pesos set and published by the Banco de la Nación.
Another characteristic of this financing is that it must be allocated to new fixed assets for industrial, commercial, logistical activities and services related to these.
Recipients and requirements
People over 18 years of age.
With a business in operation and no less than one year of experience from the date of submission of the application and no more than seven years. For these purposes, the date recorded in the registration certificate with the Federal Public Revenue Administration (AFIP) will be considered the date of registration in the activity.
They must have the corresponding tax registrations (AFIP and ATM) and a bank account (in case you decide to receive the funds).
A guarantor with a salary bonus of 6 months’ seniority will be required. To do this, 30% of the net salary must cover the loan payment.
Financing details
Up to $2,000,000 per project and per CUIT. It is granted in a single disbursement.
Destination of the funds: New fixed assets for applicants who are dedicated to industrial, commercial, logistics and related services activities.
Operation: Applicants will upload the required documentation into the system Onboarding and, once the system controls have been passed, both the applicant and their guarantor will continue through the Ticket system.
For more information, write to [email protected]
