The program Seed Capital Undertakes, an initiative of the Technical Cooperation Service (Sercotec), offers an important financing plan ranging from $200,000 to $3,500,000 for new merchants and entrepreneurs. This competitive subsidy aims to encourage the creation of new businesses and support the economic development of the country by selecting the best proposals.
The call for entrepreneurs of the Metropolitan Region is open until May 17 at 12:00 p.m. The requirements to apply are to be at least 18 years old and not have started first category activities before the Internal Revenue Service (SII). In addition, a business project must be presented that meets the requirements established by Sercotec, which can be consulted in the contest rules available on its website.
He Seed Capital Undertakes offers two types of funds: one intended for business expenses such as administration, marketing and training, with a minimum amount of $200,000 and a maximum of $500,000; and another aimed at investing in assets or enabling infrastructure, with a minimum of $3,000,000 and a maximum of $3,500,000. This last modality seeks to promote the growth and consolidation of ventures.
To apply to Seed Capital Undertakes, it is necessary to follow three simple steps: register as a user on the Sercotec website, download and carefully read the rules and annexes of the call, and complete the application form, including a pre-selection test and a presentation video along with the required documents. It is essential to verify that the information delivered complies with the requested formats and contents, within the established deadline.
It is estimated that around 120 will be selected entrepreneurs at the regional level, who must contribute a percentage of the subsidy defined in the application bases, as well as finance the taxes generated by their projects. This is an invaluable opportunity for those entrepreneurs looking to boost their businesses and make their business dreams come true. Don’t miss the opportunity to apply before May 17!
