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The Ministry of Economic Development, Tourism and Employment held this morning an information day to explain to entrepreneurs in the region of Cartagena news from the program call Reindustrialisation the Ministry of Industry, Energy and Tourism, which is endowed with 547 million euros for the whole national territory and the Instituto de Fomento (info) is implementing partner.

Thanks to this aid, in the last eight years a total of 77 companies in the region have received loans exceeding 77 million euros.

The Minister Juan Hernandez opened the session held at the European Business and Innovation Cartagena and in which more than twenty entrepreneurs.

The head of Economic Development noted that "we want the industry has increasingly weight and support enterprises to modernize and improve their productive capacity."

"It is an important move forward in the process of industrialization, which is one of the major economic objectives of the Region opportunity," he added.

Juan Hernandez recalled that in 2015 the GDP of the industrial sector Product increased by four percent, almost one point higher than the average of other economic sectors, so "this is the path we must follow, as the industry has greater added value and productivity that translates into greater capacity, job security and compensation. "

aid Reindustrialisation

This program provides loans on favorable terms, in terms of interest rates and collateral, as only a guarantee of 10 percent of the loan requested is required.

It is a tool of attractive financing for entrepreneurs and entrepreneurs with innovative or new, primarily in the form of equity loans projects that take into account the viability of the company and the business project and in which the interest is adapted to the financial profitability of the company.

The Info has an agreement with the Ministry of Industry for which it is responsible to publicize the program and advise all those entrepreneurs interested in this line Region aid to finance the creation, expansion or improvement of their production processes.

All interested in accessing alternative financing these lines may contact the financial office of info via email financiacion@info.carm.es.

Source: CARM