Promesa allocates over 2.3 million euros in aid for Melilla businesses

The public entity Promesa has launched four new lines of financial aid totaling over 2.38 million euros to support the business sector and job creation in Melilla. Announced by president Esther Donoso, the funds are distributed across several specific categories:

- New commercial premises: 750,000 euros are allocated to businesses established within the last year to cover investments such as furniture and equipment, with individual grants up to 10,000 euros. - Business creation and diversification: 500,000 euros are designated for expanding or diversifying companies, covering costs like social security, rent, or mortgage interest subsidies. Maximum aid is capped at 55,000 euros for individuals under 40 and 40,000 euros for others. - FEDER investment: 600,000 euros in European funds are directed toward small and medium-sized enterprises (SMEs) to finance up to 60% of realizable investments. - Employment and self-employment: 530,000 euros are set aside to subsidize job creation, offering up to 16,000 euros per position generated.

Most applications remain open until November 10, while the employment-focused line is available until November 24.