Innovation and financial products: get to know fintech

In today’s financial environment, new technological products are playing a crucial role in driving innovation. The term “fintech”, which comes from the combination of the English words finance and technology, reflects how technological tools have transformed the way companies develop products adapted to new needs. This concept is intrinsically linked to Industry 4.0, where digitalization […]

Debt Deferment with the Tax Agency: A Solution for Business Cash Flow Tensions

There are months that are critical for cash flow, producing tensions that make it difficult to meet payment commitments. An alternative to deal with these situations is to request deferments of debts with the Public Administration because of tax filing, which allows gaining a bit more time. Debt deferment with the Tax Agency is a […]

The Xunta highlights the Economic Office of Galicia to advance in debureaucratization and administrative streamlining and support the productive fabric

Lorenzana emphasizes the role of the office that functions as a single channel of specialized attention for businesses and industry For his part, José González positively values the establishment of a regulatory model that provides uniformity to the procedures for starting commercial activities, as long as the singularities of the Autonomous Communities and municipalities are […]

Did you know that your idea could have great value? Discover how to protect it with a patent

Patents are presented as a fundamental pillar to protect innovation and foster the development of any company. Although obtaining a patent may seem costly and complex, the benefits associated with the monopoly on an invention are immeasurable. Below, we explore the relevance of patents, factors to consider before registering one, and the options available to […]

The Xunta highlights cooperativism for boosting growth and competitiveness of the Galician business fabric

The director of Igape, Covadonga Toca, held a working meeting with representatives of the Union of Cooperatives of Galicia – EspazoCoop, which emphasized the importance of cooperativism for Galicia’s economic development She highlights the role of the Economic Office of Galicia as “a new way of connecting with companies, facilitating and promoting debureaucratization, and bringing […]

Circular economy: A competitive advantage for SMEs

The traditional economic model, based on extracting resources, producing, consuming, and discarding, is reaching its limit. This linear system is causing problems such as the overexploitation of natural resources and the accumulation of waste and exacerbates global challenges like climate change and biodiversity loss. In this context, the circular economy presents itself as a sustainable […]

The Economic and Financial Plan: A guide to achieving financial success

An economic and financial plan is an essential tool for any individual, company, or project seeking to effectively achieve their financial objectives. This document not only provides a clear roadmap but also helps anticipate challenges and make informed decisions. Below, we will explore the key components of an economic and financial plan, its importance, and […]

The Economic Office of Galicia welcomes a visit from the design, furniture and carpentry students of the Melide Secondary School

Santiago de Compostela, 9 December 2024 The Galician Institute for Economic Promotion (Igape) welcomed this morning a group of around twenty students and teachers from the intermediate vocational training course in carpentry and furniture and the higher dual programme in design and furnishing at the Melide Secondary School, as part of the activities the school is developing […]

Workplace flexibility: A demand that retains talent

Lately, the way companies and employees conceive work has radically transformed, giving way to new work formats. Today, workplace flexibility, remote work, and hybrid models are not just options, but have become fundamental tools for attracting and retaining talent. In an increasingly competitive and globalized job market, companies’ ability to adapt to these new forms […]

The importance of working capital in a company

Working capital is a fundamental financial concept for the management of any company. It is an instrument that allows you to assess the short-term liquidity of your business. It is calculated by subtracting Current Assets (goods and rights to be liquidated in the short term, such as inventory or promissory notes due in less than […]