Xunta Approves First Galician Business Innovation Strategy with Over €400M

The 'Galicia, Factory of Innovation' initiative aims to industrialize innovation to generate qualified and quality employment.

A Xunta aproba a primeira Estratexia Galega de Innovación Empresarial con máis de 400 M€

Xunta de Galicia · 2026-10-19

The President of the Xunta, Alfonso Rueda, announced the approval of the first Galician Business Innovation Strategy, with a budget of over 400 million euros until 2028, aiming to enhance the competitiveness of the productive sector.

Under the name Galicia, Factory of Innovation, the strategy seeks to "industrialize innovation" so that technological ideas reach the market, generating qualified employment in the region. The Minister of Economy and Industry, María Jesús Lorenzana, highlighted the growth in business R&D spending and the increase in personnel dedicated to these activities in recent years.
The strategy, structured into four axes (Activate, Enhance, Structure, and Mobilize) and 14 measures, includes a budget of €47.4 million for the first axis, 'Activate innovation in companies', focused on incorporating talent and specialized capabilities, particularly in SMEs.
The second axis, 'Enhance innovation', has €231.9 million and includes actions such as TIC-MAQ and Accelerator Galicia, as well as the 'Industrialize Innovation' program (€66.5M) for the validation and industrialization of technological solutions.
The third axis, 'Structure and connect' (€9.4M), will strengthen collaboration between companies and technology centers, while the fourth, 'Mobilize investment' (€113.1M), will provide resources for project development through tools like XesTransforma and the Venture Studio Fund.
The initiative also incorporates a personalized support model by the Igape to adapt aid to each company's situation. Objectives for 2028 include increasing the number of innovative companies by 25% and exceeding €1.5 billion in business spending on innovation.
Based on information from the official source: Xunta de Galicia — Notas de prensa (portal central, cubre todas as consellerías) (19/10/2026)