Fund for SME Foreign Investment Operations (FONPYME)
Provider COFIDEScofides.es
Founded 1988
Sells To B2B, Small and Medium Businesses
Pricing Model Interest Income
Ownership Government-owned
State trust fund taking equity and loan positions in Spanish SME foreign ventures.
The Fund for SME Foreign Investment Operations is a State trust fund created alongside the Fund for Foreign Investment in 1997 and dedicated to small and medium-sized enterprises investing overseas. It offers the same menu of equity holdings, quasi-capital, senior and junior loans with co-investment, corporate bonds, and project finance.
Operations scale from 75,000 euros to a 5 million euro funding limit per operation, aimed at viable projects carrying Spanish interest. Companies submit their proposal to COFIDES as the designated fund manager, which screens it against the same viability criteria used for the larger fund.
IDB Invest

Financing and advisory solutions
idbinvest.org
KfW IPEX-Bank

International project and export finance
kfw-ipex-bank.de
KfW
SME and international promotion finance
kfw.de
| Attribute | Fund for SME Foreign Investment Operations (FONPYME) | Financing and advisory solutions | International project and export finance | SME and international promotion finance | |
|---|---|---|---|---|---|
| Provider | |||||
| Founded | 1988 | 1986 | 2008 | 1948 | |
| Sells To | B2B, Small and Medium Businesses | — | — | — | |
| Pricing Model | Interest Income | — | — | — | |
| Ownership | Government-owned | — | — | — |
Provider COFIDEScofides.es
Founded 1988
Sells To B2B, Small and Medium Businesses
Pricing Model Interest Income
Ownership Government-owned
Provider 
Founded 1986
Sells To —
Pricing Model —
Ownership —
Provider 
Founded 2008
Sells To —
Pricing Model —
Ownership —
Founded 1948
Sells To —
Pricing Model —
Ownership —
FASE was a SEPI-managed Spanish public fund providing temporary solvency support to strategic companies affected by COVID-19.

Investment vehicle pooling 47 foundations capital into Spanish social ventures.


Corporate sector advisory helps companies prepare for financing, improve operations and adopt international standards.


Project financing provides tailored EBRD loans and equity investments for eligible private-sector projects.


Loans is the European Investment Bank's long-term loan financing family for public and private sector projects.


Startup and MSME support combines tailored EBRD finance with advice, training and mentoring for small businesses.
FASE was a SEPI-managed Spanish public fund providing temporary solvency support to strategic companies affected by COVID-19.
Investment vehicle pooling 47 foundations capital into Spanish social ventures.

Corporate sector advisory helps companies prepare for financing, improve operations and adopt international standards.

Project financing provides tailored EBRD loans and equity investments for eligible private-sector projects.

Loans is the European Investment Bank's long-term loan financing family for public and private sector projects.

Startup and MSME support combines tailored EBRD finance with advice, training and mentoring for small businesses.
