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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 instalment payments of loan instalments without a guarantee waiver for R&D intensive SMEs (Orden PJC/808/2026)
  2. Requirement for certification from the Ministry of Science, Innovation and Universities to prove the debt and the company's status (Orden PJC/808/2026)

How it affects those involved

For R&D intensive SMEs, particularly in sectors such as biotechnology, the regulation provides a way to manage financial strain without compromising assets through guarantees (Order PJC/808/2026). Companies must obtain a specific certification from the Ministry of Science, Innovation and Universities to present to the Delegation of Economy and Finance. This certificate is the key element for the Administration to assess the entity's future viability and the transitory nature of its economic 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
2026-08-02Into forceComes into force (fecha_vigencia (indice oficial del BOE))
Official text Based on BOE data (boe.es). Information, not advice.

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