Sociedad para la Promoción y Desarrollo Empresarial de Teruel S.A. (SUMA Teruel)

Sociedad para la Promoción y Desarrollo Empresarial de Teruel S.A. (SUMA Teruel)
Description: SUMA Teruel is a public company focused on promoting business activity in the province of Teruel, Spain. Its mission is to contribute to reindustrialization and economic dynamism by financing innovative and job-generating business projects through various financial instruments, including minority equity participations, participative loans, and ordinary loans with real guarantees or bank guarantees.
Contact:
Portfolio:
Stage Focus: Pre-Seed, Seed
External Info: SUMA Teruel targets a diverse range of sectors, including:Aerospace & National Security: Supporting companies like PLD Space and Elson Space. diarioaragones.com Industrial & Manufacturing: Investing in projects such as JV20 Forest and FerroBio. Diario de TeruelAgriculture & Livestock: Backing initiatives in the ganadero sector. El Periódico de AragónServices & Tourism: Financing ventures like Macana Fish and the Tirolina de Fuentespalda. Diario de TeruelParticipative Loans & Equity Investments: Offering financial instruments tailored to the needs of each project.Co-Financing with Public & Private Entities: Collaborating with organizations like the Valencia Institute of Finance and CDTI. Unicorn Nest Homepage – Unicorn NestSupport for SMEs & Microenterprises: Focusing on projects that may face challenges accessing traditional financing. Since its inception, SUMA Teruel has financed over 265 projects, contributing to the creation of more than 1,400 jobs and maintaining nearly 3,800 positions. With a total investment exceeding €45 million, the institution continues to play a pivotal role in the economic revitalization of the Teruel province
References:
Claim profile