Project co-funded by the European Union

CONTROL ACCES I TEMPS BALEAR SL (CAITBA) has received aid under the CAIB-ISBA 2022 productive investment line (file 0561_2022), granted by the Regional Ministry of Finance and External Relations of the Government of the Balearic Islands, in collaboration with ISBA, SGR. The aid covers the arrangement and study fees, the interest and the cost of the guarantee for the financing operation.

This aid is co-funded by the European Union through the ERDF 2021-2027 Programme for the Balearic Islands.

The operation

A credit facility arranged with a guarantee from ISBA, SGR, to finance the productive activity of the company.

Objectives

To provide the company with the financing it needs to sustain and grow its activity in the Balearic Islands: the design, manufacture, installation and maintenance of access control systems, and the development of its CloudCaitba cloud platform.

Results

The operation has helped to maintain the activity and employment of the company and to continue developing its own products, such as the CloudCaitba platform and its control boards.

With the support of the European Regional Development Fund, the European Union contributes to a more competitive and innovative economy in the Balearic Islands.