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RedPoints is a Barcelona-based start-up whose proprietary software for intellectual property (IP) and brand protection assists small and medium-sized enterprises (SMEs) and larger companies in fighting counterfeiting and copyright infringement.
The objectives of the EIB financing are to support the company to mitigate the impact from the COVID-19 pandemic and to execute its growth investments, mainly in research and development (R&D) and commercial expansion.
The project activities do not fall under the Annexes I or II of the EU Directive2014/52/EU amending the EIA Directive 2011/92/EU. The project will be carried out in existing facilities, already authorised, that will not change their scope due to the project. As such, the project activities are not subject to a mandatory environmental Impact assessment (EIA).
The Promoter is a private company not operating in the utilities sector and not having the status of a contracting entity, and thus is not subject to EU rules on public procurement. Under these conditions, the procurement procedures followed by the Promoter are suitable for the project.