NEOTEC
NEOTEC is a Spanish public funding program within CDTI that provides grants, partially reimbursable loans, and risk capital to technology-based SMEs and startups for R&D and innovation projects.
- Company typePublic
- Founded1978
- HeadquartersMadrid, Spain
- Headcount—
- GTM typeB2B
- OfferingServices
What NEOTEC does
NEOTEC is a Spanish public financing program operated within CDTI (Centro para el Desarrollo Tecnológico y la Innovación, E.P.E.), a state-owned business entity attached to Spain's Ministry of Science and Innovation. CDTI was established in 1978 and is headquartered in Madrid; NEOTEC is one of several financing instruments it administers to support Spanish research, development, and innovation (R&D+I), with a particular focus on technology-based SMEs and startups.
The program delivers capital through multiple instruments: non-refundable grants under Ayudas Neotec, partially reimbursable loans via Proyectos de Innovación and Proyectos I+D, risk-capital investments through Innvierte, and additional targeted instruments including Cervera (technology transfer), DANA, CPI (public procurement of innovation), FEMPA, and Ecosistemas de Innovación. In 2019, CDTI committed roughly €7,831 million across 1,666 R&D+I operations, which represents the scale of annual program throughput rather than earned revenue.
As a public-sector instrument, NEOTEC does not earn revenue in a commercial sense; its funding flows from Spain's national budget and is disbursed to recipient companies. Beneficiary segments include Spanish entrepreneurs, technology-based SMEs, and innovative startups across sectors. NEOTEC/CDTI also operates international offices branded as CDTI-SOST and maintains partnerships with global innovation intermediaries such as MIT's Industrial Liaison Program, Germany's SPRIN-D, and Spain's SECPHO photonics cluster, alongside regional agreements with bodies such as Junta de Extremadura and Agencia SEKUENS (Asturias).
NEOTEC firmographics
Firmographics- Name
- NEOTEC
- Legal name
- Centro para el Desarrollo Tecnológico y la Innovación, E.P.E.
- Website
- https://cdti.es
- Company type
- Public
- Founded year
- 1978
- Operating status
- Operating
- Short description
- NEOTEC is a Spanish public funding program within CDTI that provides grants, partially reimbursable loans, and risk capital to technology-based SMEs and startups for R&D and innovation projects.
- Ownership category
- akta.pro rank
NEOTEC industry classification
Industry- Product category
- Public R&D Funding
- SIC
- Federal & Federally-Sponsored Credit Agencies (6111)
- akta.pro primary industry
- Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA)
Keywords
Where NEOTEC is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
NEOTEC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Partially Reimbursable Loans: CDTI provides partially reimbursable loans (ayudas parcialmente reembolsables) for R&D+I projects. These loans are returned partially based on project outcomes, generating revenue when projects succeed.
- Grants/Subventions: CDTI provides non-reimbursable grants (subvenciones) for eligible R&D+I projects, funded through state budgets and European funds.
- Risk Capital Investments (Innvierte Program): CDTI makes equity investments in innovative companies through the Innvierte program, generating returns through capital gains on its investment portfolio.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
NEOTEC product offering
Product offeringCore offering
NEOTEC is a public funding program that supports the establishment and consolidation of technology-based enterprises (startups and innovative SMEs) in Spain through partially reimbursable loans and non-reimbursable grants. It sits within CDTI's broader portfolio of R&D+I funding instruments, which also includes R&D and innovation project loans, technology transfer funding (Cervera), risk capital investments (Innvierte), and public procurement of innovation (CPI). The program is administered through CDTI's electronic platform and the Red PIDI advisory network, with international support available via CDTI-SOST offices.
Product overview
CDTI (Centro para el Desarrollo Tecnológico y la Innovación) operates as Spain's main public entity for funding technological development and innovation. The organization offers a comprehensive portfolio of funding instruments including partially refundable loans, direct grants, risk capital investments through the Innvierte program, and public procurement of innovation mechanisms. The Neotec program specifically targets technology-based startups and SMEs. CDTI also manages international R&D collaboration programs and European funding mechanisms. The product portfolio includes sector-specific programs such as FEMPA for maritime/fisheries, Cervera for technology transfer, and DANA for emergency-driven innovation projects. The organization provides support services including project monitoring, technology transfer facilitation, and internationalization assistance for Spanish companies.
Differentiator
Problem solved
Functional benefit
Products and services
- Ayudas Neotec (Neotec Funding Program)
Quantifiable outcome
- 7831 million euros committed in 2019 to 1,666 R&D+I operations
- +1 more outcomes
Companies that use NEOTEC
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
NEOTEC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
NEOTEC partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- Agencia SEKUENS (Asturias)corePartnership with Asturias innovation agency through 8th Joint Monitoring Commission to promote innovation and technological development in Asturias.
- SECPHOcoreSECPHO (Cluster of Photonics) partnership for cooperation in photonic technologies and innovation projects. CDTI collaborates with this photonics cluster to support R&D+I in the sector.
- MIT Industrial Liaison ProgramcorePartnership with MIT's Industrial Liaison Program providing Spanish companies access to MIT's research capabilities and technology transfer opportunities.
- SPRIN-DcoreSPRIN-D is the German agency for breakthrough innovations. CDTI partnership enables cross-border cooperation in innovation and technology transfer between Spain and Germany.
- COTECcoreCOTEC is a private foundation that promotes innovation as a driver of economic and social development in Spain. CDTI collaborates on innovation policy and research initiatives.
- TaftiecoreEuropean network of innovation agencies enabling cooperation and best practice sharing among R&D+I funding organizations across Europe.
- Innovation Growth Lab (IGL)minorCollaboration with IGL for innovation policy research and experimental approaches to supporting innovation and entrepreneurship.
- ENACminorSpanish National Accreditation Entity (Entidad Nacional de Acreditación) partnership for quality and accreditation standards in testing and certification.
- Oficina Española de Patentes y Marcas (OEPM)minorSpanish Patent and Trademark Office partnership providing CDTI clients with information and guidance on intellectual property protection.
- RED IDI (Red de Políticas de I+D+I)coreNetwork of R&D+I policies connecting Spanish innovation agencies for coordination and knowledge sharing on technology development support.
- Fundación INCYDEminorFoundation for entrepreneurship and business creation, collaborating on initiatives to support innovative startups and SMEs.
- CLUB EXCELENCIA EN GESTIÓNminorSpanish Excellence in Management Club partnership for promoting quality management and excellence in organizational practices.
- Junta de ExtremaduracoreRegional government partnership through 3rd Joint Commission to strengthen collaboration in promoting business R&D+i in Extremadura region.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
NEOTEC competitors and assessment
Company assessmentDirect peers
- Bpifrance: Bpifrance is the French public investment bank providing grants, loans, and equity financing to innovative SMEs and startups. It is the closest functional analogue to CDTI in continental Europe, offering a comprehensive financing stack for French R&D+I and serving as a direct comparator on funding instruments and scale.
- Enterprise Ireland: Enterprise Ireland is the Irish government agency supporting indigenous Irish businesses with funding, advisory, and internationalization services. It shares CDTI's focus on supporting domestic companies in scaling R&D+I and accessing global markets.
- European Innovation Council (EIC): The EIC is the EU's flagship innovation funding instrument, providing grants and equity to deep-tech startups and SMEs. It operates at the EU level and serves as both a complement and partial competitor to CDTI for cross-border innovation financing within Horizon Europe.
- Israel Innovation Authority: The Israel Innovation Authority funds R&D and innovation in Israeli companies through grants and conditional loans. It targets technology-based companies with a similar startup-focused mandate, making it a strong comparator on early-stage innovation financing instruments.
- Innovate UK: Innovate UK is the UK's national innovation agency funding business-led R&D through grants and loans. It targets innovative SMEs and startups with similar funding instruments (grants, loans, competitions) and a comparable mandate to drive economic growth through innovation.
- SPRIN-D: SPRIN-D is Germany's federal agency for breakthrough innovations, funding high-risk, high-impact R&D projects. Despite being a CDTI partner, SPRIN-D serves as a direct peer in the niche of public funding for transformative innovation, with comparable focus on technology-based startups and breakthrough research.
- InvestEU: InvestEU is the EU programme mobilising public and private investment through an EU budget guarantee. It complements CDTI's mandate by providing EU-level financing for innovation, infrastructure, and SME support, and shares the public-fund-deployment model.
Regional players
- National Science Foundation (NSF): The NSF is a US federal agency funding basic research and education. While primarily focused on academic research rather than commercial innovation, it serves as a comparable public R&D funding mechanism and a benchmark for government-backed science and innovation investment.
Broad incumbents
- U.S. Small Business Administration (SBA): The SBA is a US federal agency supporting small businesses through loan guarantees, grants, and advisory services. While broader in scope than CDTI, it shares the role of a federal mechanism for channelling public capital to innovative smaller enterprises.
- KfW: KfW is Germany's state-owned development bank offering loans, grants, and equity for SMEs, innovation, and infrastructure. It is a broader incumbent that overlaps with CDTI in development financing but operates at much larger scale with a wider mandate including sustainability and housing.
Market position
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights7 records
Customer concentration
NEOTEC social profiles
Digital presenceNEOTEC financial estimates
Financial estimateRevenue estimate
Valuation estimate
NEOTEC leadership team
Management profileNumber of profiles
NEOTEC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NEOTEC M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NEOTEC
What does NEOTEC do?
NEOTEC is a public funding program that supports the establishment and consolidation of technology-based enterprises (startups and innovative SMEs) in Spain through partially reimbursable loans and non-reimbursable grants. It sits within CDTI's broader portfolio of R&D+I funding instruments, which also includes R&D and innovation project loans, technology transfer funding (Cervera), risk capital investments (Innvierte), and public procurement of innovation (CPI). The program is administered through CDTI's electronic platform and the Red PIDI advisory network, with international support available via CDTI-SOST offices.
Is NEOTEC a public or private company?
NEOTEC is a public company. It is classified as state government owned and is currently operating.
When was NEOTEC founded?
NEOTEC was founded in 1978.
Where is NEOTEC based?
NEOTEC is headquartered in Madrid, Spain, in the Europe region.
How does NEOTEC make money?
Three revenue lines are on record. Partially Reimbursable Loans are the primary driver. The others are grants/Subventions and risk Capital Investments (Innvierte Program).
Who are NEOTEC's main competitors?
Direct peers on record are Bpifrance, Enterprise Ireland, European Innovation Council (EIC), Israel Innovation Authority, Innovate UK, SPRIN-D and InvestEU. National Science Foundation (NSF) is listed as a regional player. Broad incumbents are U.S. Small Business Administration (SBA) and KfW.
Does NEOTEC have an API?
No public API is recorded for NEOTEC.
What industry is NEOTEC in?
NEOTEC's product category is Public R&D Funding. Its primary akta.pro industry code is BPAGALAA, Impact Investing & Social Finance (Funds, CDFIs, Microfinance). Its SIC code is 6111.