The CDTI Innovation embraces spanish startups with more than 125 million investment under 2024

The centre for technological development and innovation (CDTI Innovation), the public agency, state enterprise financing innovation of the ministry of science, innovation and universities, being addressed in 2024 a process of momentum of the ecosystem of entrepreneurs and technology startups. In the area of risk capital, the governing council of Innvierte, society for collective investment-type closed whose promoter and sole shareholder is the CDTI Innovation, has already adopted in the month of march 2024 a battery of measures aimed at expanding the spectrum of society, to facilitate the implementation of new capacities to build capacities in risk capital investment in both direct and indirect operations of at least 125 million euros by 2024.

Proceedings startups and entrepreneurship in Innvierte

The proceedings Innvierte direct profile will focus on the operations of joint investment in technology-based enterprises or innovative, through the revision and expansion of the conditions that are laid down in the framework agreement for the approval of coinversores to allow the incorporation of specialized international coinversores. This option results in increased openness of this attractive profile reposition capital investors in spain for technological Smes, will help to expand the ecosystem and will facilitate the establishment of international teams in the territory.

Similarly, lays the foundation for businesses owned by Innvierte benefit from tax schemes lease or tax equity, making their access to supplementary sources of funding through this mechanism prosecutor and protecting their competitive advantage in contexts of lack of liquidity into markets, provided that guarantees the principle of transparency and that intellectual property of the r & D project is in possession of the shareholders once the activity of the IEA (clustering of economic interest).

In the context of action of indirect investment Innvierte has adopted to reformulate and revive Innvierte line fund operational funds, previously between 2013-2016 and focused on support for the establishment of investment vehicles to encourage the creation of new equipment and specialized funds in different technologies and stages of development, reduce the impact of the below dimension of the funds on the potential growth of the companies they invest and promote the election of investment projects of highest risk. The configuration of the new Innvierte Fund of funds, specialized in technology and aligned with the strategy of Innvierte allows the realization of indirect investments through venture capital funds and given an open window format, majority of spanish companies investment at any stage of enterprise development investment vehicles, with a majority of private commitments and a minimum investment Innvierte of eur 10 million in funding of eur 50 million on minimum size. Innvierte shall serve as investor anchor in vehicles or investment funds, representing at least one 10-15 per cent of their commitments.

Finally, adding new criteria for the scheme on strategic investments, laying down the rounds of investment in a minimum of 30 million euros with a minimum participation of 10 million Innvierte and strengthening the monitoring to discourage that industrial partner led by a corporate partner will result in M & As (merger and acquisition, merger and acquisition) whose scheme Innvierte learn the values in order to delay the integration concluding a future purchases industrial partner.

These initiatives for ecosystem-based investor in r & D pose a direct impact on the mobilization of funding to technological companies, the creation of teams of professionals, the transfer of knowledge from the public sector, the visibility of business opportunities in technology, the development of innovation in emerging technologies and the generation of skilled employment, sustainability and the benefit of innovation to society.

The CDTI Innvierte programme

The initiative of the CDTI Innvierte, whose aim is to promote entrepreneurial innovation through support to the risk capital investment in technology-based enterprises or innovative, takes place through the collective investment type closed Innvierte Sustainable Economy SICC S.M.E., S.A., self-managed and under the supervision of the national Values and that the CDTI Innovation is a shareholder Only.

To date, the CDTI Innovation, through Innvierte, has committed over 384 M €in 20 investment vehicles that have invested in more than 250 businesses, and through its joint investment line directly committed an amount of more than 342 M €in at least 135 companies.

Innvierte fits into the strategy for science, technology and innovation 2021-2027, adopted by decision of the council of ministers, in september. This 2020 Strategy contains goals, the reforms and measures to be taken throughout the area of r + D + i in order to boost their growth and impact, and is one of the pillars on which the design of the government's policy in r + D + i for the coming years.

The centre for technological development and innovation, E.P.E. (CDTI), sponsor and sole shareholder of society Innvierte, is an entity under the ministry of Science, innovation and universities.