Generalitat provides more than 160 million worth of financing to start-ups in the Community

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Arcadi Spain, Minister of Finance and Economic Model, Generalitat An increase of more than 75 million eurosThanks to European resources, lines of funding have been diverted to support startups in Valencia. These resources from the Feder 21-27 operating program add to the more than 85 million funds in various forms of financing that Generalitat currently supports the innovative nature of the Valencian Community, so startups can provide more. More than 160 million Euros in the coming years.

Arcadi Spain made these statements in his speech at the colloquium. Public funding opportunitiespart of the international event Valencia Digital Summit 2022Organized by the Valencia Beginners’ Association and attended by the Ministry of Finance through its Institut Valencià de Finances (IVF) with its own stand.

In fact, the head of the Treasury demonstrated during his speech “Consel’s steadfast support for Valencian entrepreneurs”, as evidenced by the fact that by June – and through IVF – Consell had already given grants. Financial support to more than 204 startups He transferred to Valencia for 85.3 million euros.

“Now, with the increase in available resources, the aim is to public finance on highly advantageous terms because we understand that a high degree of productivity, sustainability and job creation is essential in our production model”.

In this sense, the person in charge of the Treasury underlined “Generalitat’s entrepreneurial role in promoting technological and innovative initiatives that enable job creation and wealth creation in the Valencian Community”.

In addition, Arcadi Spain stressed “Generalitat’s commitment to public-private cooperation to promote. launch of new business projects As well as providing input from investors to Valencia startups”.

In his speech, the Minister also said, “What we need to do is fight the gender gap inside startWe must continue to reduce this by promoting female entrepreneurship.”

“The Valencian Community wants to be a reference for starters, for the ideas we want to come here and develop, and for this Generalitat and IVF want to be allies to support very talented and innovative projects that put a lot of effort”, Arcadi Spain noted.

How it happened was shown at the meeting. technology, innovation and digitalization building a better future and why they are necessary to address the fundamental social and economic challenges society is currently facing.

Meeting point for entrepreneurs

The Museu de les Ciències de València hosted the fifth edition of the Valencia Digital Summit 2022 (VDS2022), the international technological event of the Valencian innovative ecosystem and the annual meeting point for entrepreneurs, startups, investors, companies and institutions.

under the slogan Inspiring a Good FutureThe Valencia Digital Summit analyzed the latest technological and innovative trends for the Valencia Community’s strategic sectors. In this new edition, participating entrepreneurs will have the opportunity to show their projects to more than one person. 10,000 exhibitors from over 35 countries.

The program included more than 300 presentations, roundtables, workshops and thematic forums by international and national leaders in industries such as the automotive, aerospace, construction, ports, healthcare, agri-food or human resources sectors. It has also brought together more than 150 institutions and more than 1,500 companies. start.

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