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BOE-A-2026-16807 ·1 August 2026 ·orden High impact
Subsidies

R&D intensive SMEs: procedure to defer and split payments of state loans without collateral

This Order regulates the procedure for small and medium-sized enterprises with high R&D investment intensity to request the deferral and installment payment of state loan installments without the need to provide guarantees. The mechanism aims to mitigate liquidity tensions arising from long technological maturation periods and the current economic scenario (Order PJC/808/2026). To this end, a certification is established to be issued by the Ministry of Science, Innovation and Universities, accrediting the company's status and the debt eligible for this measure.

In 2 key points

  1. Possibility of deferring and splitting loan installments without guarantee waiver for SMEs with high I+D+I intensity (Orden PJC/808/2026)
  2. Requirement for certification from the Ministry of Science, Innovation and Universities to verify debt and company status (Orden PJC/808/2026)

How it affects those involved

High-I+D+I SMEs, particularly in biotechnology, can manage financial pressures without sacrificing assets through guarantee waivers, provided they obtain a specific certification from the Ministry of Science, Innovation and Universities to demonstrate financial viability and temporary difficulties.

Frequently asked questions

Which SMEs can apply for loan deferral?
Small and medium-sized enterprises (SMEs) with high investment intensity in I+D+I that have debts under state research and development programmes (Order PJC/808/2026).
Is a guarantee required to split payments?
No, the regulation allows deferral and splitting without guarantee for entities meeting the high I+D+I intensity criteria (Order PJC/808/2026).
What document must be submitted to the Delegation of Economy and Finance?
The certification issued by the Ministry of Science, Innovation and Universities, together with documentation proving the company's economic-financial situation (Order PJC/808/2026).

Lifecycle

2026-08-01PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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