The Energy Cluster of Valencia Region is making the selection of innovative projects that will be submitted to the call for Innovative Business Groups of the Ministry of Industry. The call will be published shortly. The grants will be up to 70% of the costs incurred in the development of the projects.
Last year, the Cluster renewed its registration in the Innovative Business Association. The Cluster obtained financing for eight of its companies in the last year. These companies participated in three consortia and they carried out the innovative projects selected by the Ministry.
Any company that works around the energy sector in Valencia Region and makes innovative projects, can submit their proposals to the Cluster. The Cluster advises and assists companies to find partners and to form consortia and to prepare the requests for the call.
This year the Ministry will specially value projects under the concept of Industry 4.0. The overall budget of the call has increased by 57% to 11 million euros.