The ministry of science, innovation and resolves the Universities NEOTEC 2023

  • The Ministry, through the centre for technological development and innovation (CDTI), will allocate eur 40 million smes to boost 131 innovation projects
  • The minister of science, innovation and universities, Diana Morant had also underlined that the annual budget of NEOTEC for grants has increased by 60 per cent between 2018 and 2023.

Banner Resolución NEOTEC 2023
Between 2018 and 2023, budgetary allocations to subsidies granted by the programme NEOTEC has been increased to 60 per cent

The ministry of science, innovation and universities has publishedthe resolution of the convening 2023 of NEOTEC, which have adopted 131 projects with a total budget of eur 53 million, of which the centre for technological development and innovation (CDTI) will provide $40 million, with the support of european funds Next Generation.

The minister of science, innovation and universities, Diana Morant, has stressed that the annual budget for subsidies granted by the programme NEOTEC has increased by 60 per cent between 2018 and 2023.

This increase, supported by the recovery Plan, transformation and Resilience, has allowed us to increase the number of approved projects, as well as the provision of aid for each project.

The objective of this call is to support business projects of innovative small businesses or technology-based enterprises that require the use of technologies and knowledge developed since the research activity and where the business strategy is based on the development of our own technology in the domain and intensive scientific and technological knowledge.

Within this call, they have earmarked eur 11 million for 35 projects of enterprises headed by women, which mainly involved in governing bodies, as well as in social capital or living in the projects submitted.

Also at the invitation of 2023 have focused on those proposals that include the recruitment of persons with degree of doctor full time indefinitely, remain relevant to the viability of the business plan submitted. A total of 89 per cent of approved projects will be able to benefit from this measure to include the recruitment of a doctor in the business plan.

Moreover, 20 of the approved projects shall receive an additional aid of 10,000 euros for the realization of a course in the “ Enterprise Innovation Institute ” of the institute of technology – Georgia Tech (Atlanta, usa) to strengthen the training of businesses and their chances of success in that market.

In particular, this course enables companies to know the entrepreneurial ecosystem of the united states and training in areas such as innovation for sustainability - both environmental and negocio-, new strategies or internationalization processes.
 

NEOTEC programme
 

Between 2018 and 2023, the programme NEOTEC has supported with public aid of eur 191 million to almost 700 smes technological base, with growth vocation, contributing to the enterprise and accelerating the transfer of knowledge from research bodies and universities.
 

The evaluation report of the agenda
 

The CDTI has recently published the results of astudy of impact assessmentNEOTEC programme during the period 2018-2022, which concludes that this public policy has had a positive impact on the innovative activity of spanish companies.

In particular, there have been clear impact in the companies financed, as they have had the greatest increase in expenditure on r + D + I, have more lines of I + D + I, as well as more far-reaching strategies, and there are more visible.

These aspects are linked, in turn, with the positive impact that NEOTEC has in the transfer of technology, especially from the university, either through the exploitation of proprietary technology by a fact-finding team, the incorporation of research staff companies or partnerships with such personnel from its parent organization.

 

CDTI Innovation

The CDTI Innovation is the agency for financing innovation of the ministry of science, innovation and universities that promotes innovation and technological development of spanish companies, channeling requests for funding and support for r & D & I projects of spanish entities at the state and international levels. We Contribute to the improvement of the technological level of spanish companies and drive and, with an international network with coverage of 51 countries support the spanish participation in international programmes for technology cooperation and the international transfer of technology. The CDTI also supports the creation and consolidation of technology-based enterprises in Spain.



The centre for technological development and innovation, E.P.E. (CDTI) is a public entity under the ministry of Science, innovation and universities.

 

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