Valencia’s Innovation Agency has unveiled its Strategic Plan for Subsidies covering 2023 through 2025. A key policy shift within the proposal, published in the Official Gazette, is the introduction and removal of a 24,000-euro annual grant focused on the University of Valencia’s program in audio-visual communication, journalism, and information science as it relates to innovation. This move appears alongside other direct donations to the Valencia Hospital Foundation for robotic surgery initiatives. The remaining allocations mirror those of the previous edition, continuing to issue five direct subsidies, four of which are candidates. The funds allocated for these items remain consistent with prior years, signaling another adjustment that reduces the share allotted to the Alicante region from the ARV. Source attribution: Valencia Innovation Agency records.
Thus, the funding envelope rises from 130,000 euros per year to support the Arxiu Valencià del Disseny—a project developed by the General Foundation of the University of Valencia—to 150,000 euros per year for the Valencian Institutes of Technology Network. Additional funds are earmarked for the Community of Valencia and for the Association of Valencian Community Designers (ADCV). Source attribution: Valencia Innovation Agency records.
The largest allocation goes to Inndromeda, Alliance Enabling Technologies for the productive system of the Community of Valencia and the public sector, with an annual total of 1.1 million euros. The alliance comprises the employers association CEV, chambers of commerce, Redit, several universities, and the CSIC. The plan also includes support for the five science parks associated with the region, including those in Alicante and Miguel Hernández de Elche. Source attribution: Valencia Innovation Agency records.
The agency notes that many of these registered subsidies correspond to contracts or agreements. The long-term goal is to gradually phase them out, with an expected share of roughly 5 percent of the total budget to be allocated in the current year. Source attribution: Valencia Innovation Agency records.
The strategic subsidy plan stands out as one of the Generalitat Valenciana’s few three-year, multiyear initiatives designed to streamline funding for universities and other organizations from its inception. The underlying objective is to reduce direct actions that may appear inequitable or inefficient. Source attribution: Valencia Innovation Agency records.
AVI is set to outline the merits behind the annual concession soon, and observers will be watching to see whether more transparency is applied to these subsidies, particularly in light of input from research and innovation units. Source attribution: Valencia Innovation Agency records.
Transparency Portal
Over the next three years, the document mirrors the previous annual payment plan. The 2022–2024 proposal appeared in the Official Gazette at the start of the year, but the district administration’s Transparency Portal did not record it at that time. It was eventually published with a public change notice in June, followed by a November update. Source attribution: Valencia Innovation Agency records.
In 2023, the agency is preparing investments for the year and will reflect commitments carried over from the two preceding programming periods, as announced by the affiliated Ministry of Innovation. Source attribution: Valencia Innovation Agency records.