Madrid authorities have announced the launch of a large-scale support program for those who, after losing their jobs, decide to start their own business. An impressive budget has been allocated for this purpose—three million euros. The funds are intended to cover the initial expenses faced by new autónomo who have just come out of unemployment. This is not just another support measure, but a real opportunity for many residents of the capital to start their business with fewer risks.
The main condition is that the person must be officially registered as unemployed immediately before registering as an autónomo. Only after that can they apply for the subsidy. Authorities emphasize that the support is aimed precisely at those who find themselves in a difficult situation but have not given up and have decided to try entrepreneurship.
Who is eligible for support
Only those who have registered as autónomo after being dismissed or finishing their previous job can receive compensation. It is important that the registration takes place immediately following the unemployment period. This requirement excludes those who have long been self-employed or simply want to change fields from making use of the program.
Another mandatory condition is registration with the social security system or a relevant professional association. Without this, there can be no talk of any support. Madrid officials insist: only officially registered autónomo can count on this assistance.
What is compensated
The subsidy covers a wide range of expenses that typically fall on the shoulders of aspiring entrepreneurs. Primarily, this refers to document processing costs: notary services, business registration, payments to gestoría (accounting and legal firms), as well as expenses for registering patents and trademarks.
In addition, the program provides reimbursement for the costs of hiring professionals—engineers, lawyers—as well as payment of membership fees to professional associations and insurance policies. This is especially relevant for those starting activities in fields that require mandatory membership in professional bodies or insurance coverage.
Office and technology expenses
The Madrid authorities have also taken into account those renting business premises. The subsidy will partially cover rental costs, utilities—water, electricity, internet. This is significant support for beginners who have to count every euro.
Special emphasis is placed on digitalization. The list of reimbursable expenses includes costs for creating a website, purchasing software, and licenses. In today’s competitive environment, this is essential, and the authorities clearly understand that.
Terms and conditions
To receive assistance, you must not only meet all the requirements but also apply without delay. Applications are accepted only within three months of registering the business—the countdown starts from the date you are registered with the tax office or the social security system. Miss the deadline, and you lose the subsidy.
Another key condition: after receiving the support, the entrepreneur is required to operate the business for at least two years. If the business closes earlier, the money must be returned. This rule is designed to weed out those hoping to get easy money without any real intention to work.
My perspective
Honestly, the program seems very well thought out. The Madrid authorities are not simply handing out money but are genuinely trying to help those facing difficult circumstances who are willing to take a risk for their own business. Of course, the requirements are quite strict, but that’s necessary—otherwise, the budget would be depleted quickly.
I’m especially glad that not only formal expenses are reimbursed, but also costs related to digitalization. In 2026, a business can’t survive without a website and modern software. The support for tenants is also a step in the right direction. Still, I wonder: will three million be enough for everyone who wants it? Madrid has always had no shortage of aspiring entrepreneurs.
