Industry 4.0 in Galicia: Digital transformation and opportunities for businesses
Industry 4.0 has arrived to revolutionise the way we produce, operate and interact in the business world. It integrates new technologies and digitalises industrial processes, boosting efficiency, sustainability and innovation. In Galicia, this transformation is gaining momentum thanks to the Galicia Industry 4.0 Competitiveness Agenda, promoted by the Xunta, which seeks to enhance technological adaptation […]
Lorenzana announces that, for the first time, Igape grants for SMEs and self-employed will be available from January, with nearly €173M
A total of 15 funding lines will be published in the Official Journal of Galicia (DOG) on 13 and 14 January The aim is to help businesses plan their financing needs in advance and be aware of the public support available to them Among the support to be announced are loans to encourage business consolidation, […]
Keys to successful bank negotiation: Managing trust and company’s payment capacity
To conduct a successful bank negotiation, we must be aware of our company’s financial problems, knowing that sometimes high sales volume doesn’t necessarily mean our company is doing well. Issues such as poor financial planning, expense austerity, inefficient management control, etc., can be masked. The bank is a necessary provider, sometimes becoming a strategic PARTNER, […]
Lorenzana announces €14M in grants to boost innovation and digitalization of Galicia’s productive fabric
As a novelty, these grants include over €10 million to promote the use of Artificial Intelligence (AI) in companies She insists on the importance of continuing to support companies that want to keep growing in the Community Cerdedo-Cotobade (Pontevedra), January 9, 2025 The Minister of Economy and Industry, María Jesús Lorenzana, announced today that the […]
Sustainability and competitiveness: an essential pairing for SMEs
In a world increasingly aware of the environmental and social impact of business activities, sustainability has become a key factor for SME competitiveness. This article will address the importance of integrating sustainable practices into SME operations, highlighting not only the economic benefits but also the improvement in corporate reputation and compliance with environmental regulations. It […]
Xunta will launch a grant line for startups in mid-January with a budget of €1.5M
Grants range from €10,000 to €20,000 and cover one hundred percent This is a support line that was launched for the first time last year to promote emerging innovative and technological business initiatives In Galicia there are currently 311 startups, generating 2,662 jobs and a combined turnover of over €241.2M The Xunta’s network of accelerators […]
The Economic Office of Galicia receives more than 1,700 inquiries per month since its opening in April
The service handled 13,731 inquiries from companies, self-employed individuals, and entrepreneurs in its first eight months of operation, with more than 80% resolved immediately The team of more than 100 professionals from different sectors also provided advice to 204 projects of special relevance for the Galician territory and held 583 face-to-face meetings In 2025, the […]
Discover the tax benefits of investing in R&D&I
Tax deductions for R&D&I activities are a powerful tool to promote innovation in companies. They not only allow recovering part of the investment made but also boost competitiveness by promoting the development of differentiated products and processes. From the creation of new prototypes to the substantial improvement of existing products, tax advantages offer a direct […]
Business valuation: key to understanding the health of your business
The health status of our company is one of the topics that interests us the most. By health status, we refer to the ability of our business to meet its fiscal and commercial obligations, etc., in addition to being able to provide the necessary resources to achieve stability and growth. A good method to understand […]
Boost your company’s competitiveness with advice in the area of people
In a constantly changing business environment, adapting to new market needs is not just a challenge, but an opportunity to grow. Human talent is undoubtedly the main driver of companies, and knowing how to manage it properly can make the difference between negative results or standing out in a competitive environment. From the Economic Office […]
