Sociedad Regional de Promoción del Principado de Asturias, S.A. (SRP) is a government-backed economic promotion agency based in Asturias, Spain. Established in 1984, it focuses on financing innovative projects and startups in the region through minority equity participation and participative loans.
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Sociedad Regional de Promoción del Principado de Asturias, S.A. (SRP) is primarily owned by the Principality of Asturias and has been operating since 1984. Based in Llanera, Asturias, SRP acts as an economic promotion agency in the venture capital market. Its mission is to foster the development of investment projects executed by Asturian companies, including both startups and established businesses. SRP provides financing through minority equity participation and participative loans, focusing on projects that contribute to the economic development of Asturias. The organization emphasizes innovative technology-based companies and projects of special regional interest.
SRP provides financing through minority equity participation and participative loans, targeting projects that contribute to Asturias' economic development. The organization emphasizes innovative technology-based companies and projects that significantly differ from the current business landscape, as well as initiatives aimed at the internationalization of Asturian companies.
SRP adds value to its portfolio companies by providing not only financial support but also strategic guidance and access to a network of professionals in various fields, including economics, engineering, and law. This multidisciplinary approach helps companies develop robust investment strategies and navigate the challenges of growth and innovation.
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