This economic development tool is widely used in advanced countries as a vehicle for supporting the business fabric. It consists of temporarily providing financial resources in the form of loans or capital to unlisted companies with high growth potential. It contributes to the birth, expansion and development of the company, so that its value increases.

Venture capital is Sodena’s main financial instrument for investment projects.

Sodena is an active venture capital partner, supporting the management of its investee companies, getting involved in decision-making at board level and making its extensive network of contacts available to them.

Through its venture capital instruments, Sodena supports projects with:

• Significant impact in Navarre.
• Promoter and management team linked to your business project.
• Innovative or differential character that generates economic and social profitability in Navarre.
• Minority and temporary shareholding.
• Difficulty in accessing traditional bank financing and in finding investor profiles from the point of view of a possible disinvestment.
• Complex corporate structure that does not favor capital participation.

For those projects or companies that need financing other than venture capital, Sodena also works with and offers other financial support that enables the financing of self-employed staff, entrepreneurs, SMEs, micro-SMEs and even large companies established in Navarre.

This support also favours the growth of the industrial fabric of Navarre, allows businesses to be viable and promotes the expansion of companies.

These instruments are materialised through:

• Collaboration agreements with mutual guarantee companies to promote the granting of guarantees, in which Sodena covers a percentage of the risk assumed by these companies, thereby facilitating access to financing for Navarre’s business community and improving the conditions of financing for investments and working capital, with a reduction in the financial cost.
• Granting of ordinary loans and direct guarantees for investments and/or working capital, with the aim of supporting the maintenance of activity, the development of companies established in the Autonomous Community or to accompany the creation of new initiatives in our territory.

This support also favours the growth of the industrial fabric of Navarre, allows businesses to be viable and promotes the expansion of companies.