Barcelona, September 26, 2019. BANC, through an agreement with ENISA, helps entrepreneurs to obtain financing for innovative projects. In this case, the BANC network has achieved an ENISA for the company “Asutec Electronic SL”.
Asutec is a European supplier of electronic elements to command covers of swimming pools and parasols and allow automation. Its mission is to become the reference company in the sector at European level.
Within the mission of BANC to support the different entrepreneurship and business initiatives, it has reached a partnership agreement with Asutec to consolidate its business plan and achieve its objectives.
This agreement is linked to providing resources from both private and institutional investors such as ENISA that respond to an accompaniment plan to support the achievement of Asutec’s objectives.
Asutec has developed the best electronic box, which can command any type of engine on the market and has a series of extra features (safety stop and possibility to submerge the engine), which differentiate it from the competition. The market in which Asutec operates is a growing sector. In 2017 in Spain, for example, companies in the pool sector billed 9% more than the previous year.
BANC was the first Catalan and Spanish private network of Business Angels, which was born at the initiative of the Cecot and Autoeocupació. At the same time, BANC is supported by ACCIÓ and is integrated into the Xarxa d’Inversors Privats (XIP), and is a member of the Spanish Business Angels Network (ESBAN) and the European Business Angels Network (EBAN). During 2018, the BANC network has contributed to capitalize € 424,000 in equity, which are divided into four operations that have mobilized € 310,000 of business angels and € 114,000 of the same promoters.
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