ENISA
ENISA is a Spanish state-owned public company under the Ministry of Industry and Tourism that provides collateral-free participative loans and Startup Law certification to innovative Spanish SMEs and startups across multiple sector-specific financing lines.
- Company typePrivate
- Founded1980
- HeadquartersMadrid, Spain
- Headcount101–250
- GTM typeB2B
- OfferingServices
What ENISA does
ENISA (Empresa Nacional de Innovación, SME, SA) is a Spanish state-owned public company, founded in 1982 (alternate founding date 1980) and headquartered at Avenida del General Perón 38 in Madrid, operating under the General Directorate of Industrial Strategy and SMEs within the Ministry of Industry and Tourism. The organization exists to provide alternative financing to Spanish small and medium-sized enterprises with innovative, viable projects, addressing the well-documented funding gap between early-stage startups and traditional bank credit. Its core products are participative loans (préstamos participativos) issued without collateral and at euribor-linked rates, delivered through five financing lines: Jóvenes Emprendedores (€25k-€75k for founders under 40 within their first 24 months), Emprendedores (up to €300k for early-stage entrepreneurs), Crecimiento (€25k-€1.5M for growth and internationalization), Agroinnpulso (agri-food digital transformation, managed jointly with the Ministry of Agriculture), and Emprendedoras Digitales (digital women entrepreneurs, supported by the Ministry of Economic Affairs).
Underlying the lending operation, ENISA runs an integrated management system called PROMETEO, with SAP ERP for enterprise resource planning and Liferay for web content management; the front-end distribution channel is a self-serve client portal (portaldelcliente.enisa.es) where applicants submit, track, and formalize loans digitally. Beyond lending, ENISA holds a statutory role as the certifying body for innovative startups under Spain's Startup Law (Ley 28/2022), a process that grants successful applicants access to the Startup Visa and related tax and regulatory benefits. The organization also co-organizes the EmprendeXXI Awards with CaixaBank (19th edition, 2025) and operates the Spain Up Nation country-brand initiative.
The business model is non-commercial: ENISA distributes public capital rather than generating SaaS or product revenue, with interest on participative loans (euribor + 2-4.25% first tranche; 3-8% second tranche) and a 0.5% opening commission as its principal economic inflow. Customer segments are segmented vertically by company stage and demographic, including young entrepreneurs, growth-stage SMEs, agri-food innovators, female digital entrepreneurs, and certified startups. As of the most recent disclosures, ENISA has disbursed approximately 9,806 loans totaling €1.516 billion to 8,496 companies, and certified over 2,100 startups under the Startup Law. The company is wholly state-owned with no external shareholders, no M&A history, no subsidiaries, and operates with a lean team of 11-50 employees.
ENISA firmographics
Firmographics- Name
- ENISA
- Legal name
- Empresa Nacional de Innovación, SME, SA
- Website
- https://enisa.es
- Company type
- Private
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- ENISA is a Spanish state-owned public company under the Ministry of Industry and Tourism that provides collateral-free participative loans and Startup Law certification to innovative Spanish SMEs and startups across multiple sector-specific financing lines.
- Ownership category
- akta.pro rank
ENISA industry classification
Industry- Product category
- Public SME Development Finance
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Loan Brokers (6163), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Private Sector & Blended Finance Arms (IFC-type) (BPADACAJ)
- akta.pro secondary industries
- Technical Assistance, Policy Lending & Capacity Building Programs (BPADACAN), SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI), Agricultural & Rural Development Banks (FSABAKAE)
Keywords
Where ENISA is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
ENISA business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Participative Loans: ENISA provides participative loans (préstamos participativos) to Spanish SMEs with innovative projects. Loans range from €25,000 to €1,500,000 with interest rates tied to euribor plus margins, and opening commissions of 0.5%. No collateral required.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Young Entrepreneurs: €25,000 - €75,000, max 7 years maturity, 5 years interest-only period |
| Subscription | Annual | Entrepreneurs: up to €300,000, max 24 months company age |
| Subscription | Annual | Growth: €25,000 - €1,500,000, max 9 years maturity, max 7 years interest-only |
| Subscription | Annual | Agroinnpulso: Specialized agri-food financing line with €15 million increase authorized |
| Subscription | Annual | Digital Women Entrepreneurs: Up to €51 million allocated over 3 years |
Distribution channels3 records
Marketing channels9 records
ENISA product offering
Product offeringCore offering
ENISA provides participative loans (préstamos participativos) to Spanish SMEs and startups with viable, innovative business projects through multiple financing lines differentiated by company stage and sector (Young Entrepreneurs, Entrepreneurs, Growth, AgroInnpulso, Digital Women Entrepreneurs). In parallel, the organization certifies innovative startups under Spain's Startup Law (Ley 28/2022) so they can access tax benefits and startup visa programs, and co-organizes the EmprendeXXI Awards with CaixaBank.
Product overview
ENISA (Empresa Nacional de Innovación, SME, SA) is a Spanish state-owned company under the Ministry of Industry and Tourism that provides financial support and certification services for innovative SMEs and startups. The organization operates multiple financing lines including Jeunes Emprendedores (for young entrepreneurs), Emprendedores (for early-stage entrepreneurs), Crecimiento (for growth-stage companies), AgroInnpulso (for agri-food sector), and Emprendedoras Digitales (for digital women entrepreneurs). ENISA also certifies startups under Spain's Startup Law (Ley 28/2022), enabling access to tax benefits and other advantages. Additionally, ENISA co-organizes the EmprendeXXI Awards with CaixaBank and supports the Spain Up Nation brand initiative. The organization has financed over 8,300 companies with approximately €1.4 billion across 9,600 loans and certified more than 2,100 startups under the Startup Law.
Differentiator
Problem solved
Functional benefit
Brands
- EmprendeXXI Awards: Annual awards program co-organized with CaixaBank to support innovative technology companies in Spain and Portugal
- Spain Up Nation
Products and services
- Préstamos ENISA (Participative Loans for Startups and SMEs) ENISA's core participative loan (préstamo participativo) product providing alternative financing to Spanish SMEs and startups with viable and innovative business projects. Loans range from €25,000 to €1,500,000 with euribor-linked rates, 0.5% opening commission and no collateral required, targeting early-stage and growth-stage companies that struggle to access traditional bank financing.
- Línea Jóvenes Emprendedores (Young Entrepreneurs Line)
Quantifiable outcome
- 8,300 companies financed with €1.4 billion across 9,600 loans
- +3 more outcomes
Companies that use ENISA
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles6 records
ENISA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
ENISA partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered flagship and core.
- OECDflagshipOECD published 'Entrepreneurial Ecosystem Diagnostics of Spain' report recognizing ENISA as key institutional pillar. Report recommends strengthening ENISA's growth-stage financing role.
- NovantacoreNasdaq-listed medical technology company joined Health Lean Analytics as strategic and technology partner, taking board seat, providing RFID and sensing hardware, and US market access.
- CaixaBankcoreJoint launch of the 19th edition of the EmprendeXXI Awards, supporting innovative technology companies in Spain and Portugal with financial support and access to support programs.
- Ministry of Agriculture, Fisheries and FoodcoreENISA manages the Agroinnpulso financing line for digital transformation of agri-food sector, with €15 million increase authorized by Council of Ministers.
- Ministry of Industry and TourismflagshipENISA operates under the Ministry of Industry and Tourism and distributes grants (€33M to 222 SMEs in September 2025) with Ministry support.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
ENISA competitors and assessment
Company assessmentDirect peers
- Bpifrance: France's public investment bank providing financing, guarantees and equity to SMEs and startups. Operates as the closest analogue to ENISA in terms of providing state-backed alternative financing for innovative ventures.
- Instituto de Crédito Oficial (ICO): Spain's state-owned financial institution supporting SMEs and corporate financing under the Ministry of Economic Affairs and Digital Transformation. A direct domestic counterpart to ENISA under a different ministry.
- CDTI: Spanish public entity financing R&D and innovation projects at Spanish companies. Works alongside ENISA in co-financing rounds for technology startups and is mentioned in ENISA's partnership ecosystem.
- Finnvera: Finnish state-owned financing company providing loans and guarantees to SMEs and startups, with a particular focus on innovation financing. Comparable to ENISA's European SME financing mandate.
Broad incumbents
- KfW: Germany's state-owned development bank financing SMEs, innovation, and entrepreneurship domestically and abroad. Much larger scale, but mirrors ENISA's mandate of providing public financing to innovative businesses.
- European Investment Fund (EIF): EU-level fund-of-funds providing VC, growth and SME financing across Europe. Provides broader pan-European access to growth-stage capital, complementary to ENISA's domestic mandate.
- Business Development Bank of Canada (BDC): Canadian Crown corporation providing financing, capital and advisory services to Canadian SMEs. Comparable model of state-owned development bank targeting innovative small businesses.
- SIDBI (Small Industries Development Bank of India): Indian principal financial institution for SME and startup financing, providing credit and equity capital to innovative ventures. Analogous mandate as a state-backed small-business development bank.
Regional players
- Cassa Depositi e Prestiti (CDP): Italy's state-owned development finance institution supporting SMEs and infrastructure. Comparable structure as an EU-based state financing entity but operates domestically in Italy rather than competing in Spain.
Others
- Banco Europeo de Inversiones (BEI / EIB): EU's long-term lending arm, often co-financing with national development institutions like ENISA for innovation and SME projects. Functions as an upstream enabler for institutions like ENISA.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
ENISA social profiles
Digital presenceENISA financial estimates
Financial estimateRevenue estimate
Valuation estimate
ENISA leadership team
Management profileNumber of profiles
Profiles2 records
ENISA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ENISA M&A and investment
M&A and investmentM&A
Investments234 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ENISA
What does ENISA do?
ENISA provides participative loans (préstamos participativos) to Spanish SMEs and startups with viable, innovative business projects through multiple financing lines differentiated by company stage and sector (Young Entrepreneurs, Entrepreneurs, Growth, AgroInnpulso, Digital Women Entrepreneurs). In parallel, the organization certifies innovative startups under Spain's Startup Law (Ley 28/2022) so they can access tax benefits and startup visa programs, and co-organizes the EmprendeXXI Awards with CaixaBank.
Is ENISA a public or private company?
ENISA is a private company. It is classified as state government owned and is currently operating.
When was ENISA founded?
ENISA was founded in 1980. It employs 101 to 250 people.
Where is ENISA based?
ENISA is headquartered in Madrid, Spain, in the Europe region.
How does ENISA make money?
One revenue line is on record: participative Loans.
Who are ENISA's main competitors?
Direct peers on record are Bpifrance, Instituto de Crédito Oficial (ICO), CDTI and Finnvera. Broad incumbents are KfW, European Investment Fund (EIF), Business Development Bank of Canada (BDC) and SIDBI (Small Industries Development Bank of India). Cassa Depositi e Prestiti (CDP) is listed as a regional player. Banco Europeo de Inversiones (BEI / EIB) is listed as an others.
Does ENISA have an API?
No public API is recorded for ENISA.
What industry is ENISA in?
ENISA's product category is Public SME Development Finance. Its primary akta.pro industry code is BPADACAJ, Private Sector & Blended Finance Arms (IFC-type), with a secondary code of BPADACAN, Technical Assistance, Policy Lending & Capacity Building Programs. Its NAICS code is 522 and its SIC code is 6163.