These subsidies, which can cover up to 50% of expenses for business expansion, are aimed at companies with at least three years of activity in the region and whose projects include an increase in the average workforce.
Eligible actions include hiring staff, renovating premises, opening new establishments, and acquiring machinery or software.
Aid amounts under 70,000 euros will be paid in a single installment of 100% of the granted amount, without subsequent controls. The Chamber of Commerce of Madrid will manage these funds, receive applications, review business plans, and monitor investments.
Interested parties must submit their application electronically during the first month of the year via the Digital Administration of the Community of Madrid, where all detailed information about the procedure is also available.
