Direct subsidy to the foundation to launch the public-private investment vehicle
Official name: DIRECT SUBSIDY TO THE LAS NAVES FOUNDATION FOR THE START-UP OF THE PUBLIC-PRIVATE INVESTMENT VEHICLE
Summary
This grant is aimed at legal persons that do not develop economic activity. Scope: COMUNIDAD VALENCIANA. Budget: 1,0 M€. The application process is done electronically. Direct award: granted without a public competitive process.
What is this grant about?
This aid has already been awarded, so there is no deadline to submit applications and the money already has a recipient. Valencia City Council grants a subsidy of one million euros to the Las Naves Foundation to launch a public-private investment vehicle that promotes job creation. It is cash support, without requiring a refund, aimed at entities without economic activity. The measure is part of the Valencian Community and is part of the promotion of employment.
Plain-language summary generated with AI from official data. It may contain errors: always check the governing rules before applying.
Issuing agency
VALENCIA — VALENCIA CITY COUNCIL
Scope
COMUNIDAD VALENCIANA
Category
Recipients
LEGAL PERSONS THAT DO NOT DEVELOP ECONOMIC ACTIVITY
More information
Deadlines
| Publication date | December 13, 2023 |
| Application start date | Not available |
| Application end date | Not available |
Full information
| Administration | Local |
| Call type | Direct award: granted without a public competitive process |
| Purpose | Employment Promotion |
| Economic sector | 72 - Research and development |
| Last database update | July 20, 2026 |
Who can apply for this grant?
- LEGAL PERSONS THAT DO NOT DEVELOP ECONOMIC ACTIVITY
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The full requirements may vary. Check the governing rules and the official portal to confirm all requirements.
Financial information
| Total budget | 1,0 M€ |
| Grant format | SUBSIDY AND MONEY DELIVERY WITHOUT COMPENSATION |
The exact amount may vary depending on your specific case. Always check the governing rules before applying.
Documents
Governing rules
GENERAL ORDINANCE OF SUBSIDIES OF THE CITY COUNCIL OF VALENCIA AND ITS PUBLIC BODIES