Commitment to innovative companies
According to Europapressthe Regional Minister for Economy, Industry, Tourism and Employment, Máximo Buch, has assured that this year 13 million euros will be earmarked for financing entrepreneurs, through the IVACE-FinancingThey will support companies with entrepreneurial projects through the Entrepreneurs, Business Angels, Venture Capital, Venture Capital, Venture Capital, Microcredits and Innovative CRE lines.
Through collaboration agreements with Universities
The announcement of the commitment of investment took place during the signing of a collaboration agreement between IVACE-Financiación and the Alicante University-Business Foundation, the Universitat Jaume I-Empresa Foundation of Castellón and Valencia University-Business para «facilitar la funding de proyectos innovadores de empresas valencianas».
En declaraciones a los periodistas, Buch ha señalado que con el acuerdo suscrito pretenden que estas entidades «identifiquen a emprendedores con ganas e ilusión por empezar un proyecto, los asesoren y los pongan en contacto con el Ivace», que analizará esas propuestas y «facilitará la financiación de los proyectos viables».
The selected projects will receive between €20k and €100k and, as for the sectors targeted by this initiative, they can be from any traditional sector of the Valencian Community and can also be financed by more innovative projects.
Since 2011 the Comunitat has financed 74 entrepreneurial projects with €7.13M
Through the Financing Line for Entrepreneurs, in which the agreement is framed, the Generalitat has earmarked 7.13 million euros for finance 74 business projects from the end of 2011 to the present and 800 jobs have been created and maintained.