CS ChipSettle EU chip-design settlement
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PERTE Chip

Spain's strategic project for microelectronics and semiconductors — the largest announced national semiconductor envelope in the EU (~€12.25bn), structured in four axes including a dedicated €1.33bn design pillar. Execution has lagged well behind the announced budget (~7% deployed by late 2025).

3 Jul 2026

Key parameters

Total budget ~€12.25bn Scaled up from an initial €275M
Design pillar €1.33bn — dedicated chip-design strategy axis
Other axes Scientific reinforcement €1.17bn · ICT industry €0.4bn · fabrication plants €9.35bn
Execution ~€880M deployed by Sept 2025 (~7% of budget) Slow absorption of EU recovery funds
Beneficiary requirement Companies legally constituted in Spain (foreign firms excluded unless Spanish-incorporated)

Eligibility

HQ
Any headquarters country
Local presence
Separate legal entity required The applicant must be a separate legal person (e.g. GmbH, BV, SARL) — a branch office of a foreign company does not qualify here.
R&D substance
Required
Company size
No size restriction
Models
All
Sectors
All
Goals
Additional design site in Europe; Manufacturing / fab site; R&D cooperation without own site

Call-based; conditions vary per convocatoria. Beneficiaries must be commercial companies legally constituted and registered in Spain — a Spanish subsidiary is therefore required; a foreign entity cannot apply directly.

Mechanism & application

Discretionary (call-based) — Competitive, call-based — requires approval; success not guaranteed.

Respond to individual convocatorias (calls) under the PERTE framework, administered under Component 12 of the Recovery Plan.

Timeline: Call-dependent

Legal basis & sources

Legal basis
PERTE de microelectrónica y semiconductores (Council of Ministers agreement, 24 May 2022) and individual convocatorias
Source
https://planderecuperacion.gob.es/como-acceder-a-los-fondos/pertes/perte-de-microelectronica-y-semiconductores
Verification
planderecuperacion.gob.es / MINECO (budget ~€12.25bn; ~€880M executed by Sept 2025)
from 24 May 2022 until no expiry review 1 Dec 2026

Changelog

  1. 1 Sept 2025

    Reported cumulative execution ~€880M (~7% of the ~€12.25bn envelope); a €110M design/R&D call ran 1–30 Sept 2025.

    Source: planderecuperacion.gob.es / press

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