CDTI approves €52M investment for 93 business R&D&I projects

The CDTI's Board of Directors approved 93 new R&D projects, for which it will mobilise a total of investment 52.22 million. In this way, this Centre, chaired by María Luisa Poncela, Secretary General for Science, Technology and Innovation, promotes business R&D and stimulates the creation of technology-based companies. Of the 93 new projects approved, with commitments of public funding 40 million, 53 projects will be co-financed by the European Regional Development Fund (ERDF). Of the projects approved, 83 are individual projects, 6 are consortia, comprising 12 associated individual operations, 3 are internationalisation of results projects, and 1 is a grant. NEOTEC for the creation of technology-based companies.

Boosting through collaboration with third parties: Aqualogy and the Indian Government

The company Aqualogythe global brand of integrated water solutions for sustainable development, has signed a partnership agreement with INVEST, vehicle of private equity managed by the CDTI, through which both entities will jointly invest up to €26.25M in technology-based SMEs operating in the fields of the water cycle, environment, energy and Smart Cities.

"According to CDTI sources, at the time of signing this agreement, INNVIERTE had already formalised 8 investment vehicles in the fields of Information and Communication Technologies (ICT), Industrial Technologies and Energy and Environment. So far, €22.5 million have been invested in 28 technology SMEs and by the end of this year a total of 35 investments are expected to be made", says Diego Gutierrez, an expert on R&D&I funding from Abra Invest.

The CDTI and the Indian Government's Department of Science and Technology have signed a cooperation programme to promote and finance R&D&I and strengthen partnerships over the next three years. It establishes a series of priority areas for mutual collaboration, such as energy and climate change, environment, information technologies, health, nanotechnology and aerospace, among others.

CDTI launches innovation hotline for technology companies

The CDTI has launched the Innovation Direct Line aimed at supporting business projects that involve the incorporation and adaptation of new technologies at sectoral level, and which represent a competitive advantage for the company, according to emprendia. This line will also finance technological adaptation actions aimed at entering new markets.

Beneficiaries may be companies and cooperatives, irrespective of their size, with a minimum eligible budget of €175,000. Funding may be up to 75% of the eligible budget and may reach 85% depending on the impact of the project.