The Consorci de la Ribera and Caixa Popular have renewed their commitment to supporting the creation of entrepreneurial and self-employment projects in La Ribera by signing a new collaboration agreement.
Thanks to this agreement, the financial institution will offer a line of microcredits on advantageous terms for entrepreneurs and micro-businesses in the region, which will act as a key tool for promoting local business initiatives.
To access the microloans, projects will have to be channelled through the PATER Entrepreneurship Service Point, a service provided by the Economic Promotion Department of the Consorci de la Ribera, which will assess their viability and advise promoters on how to adjust their proposals to the established financing conditions.
This service is in addition to the resources already offered by PATER, such as the Punt PAE —accredited by the Ministry of Industry, Trade and Tourism— which allows the creation of companies to be managed electronically and facilitates administrative procedures for entrepreneurs.