This declaration, requested by the plenary of the València City Council almost a year ago and unanimously approved, has finally been granted. The Minister of Science and Universities, Diana Morant, announced the news on her social media, highlighting that it represents "a further boost for an event that is already an international benchmark in innovation and technology and key to the economic and digital development of the Valencian Community and Spain".

The Government considers that the VDS "meets the necessary conditions to be declared of general interest", as it contributes significantly to the economic, social, and technological progress of València, the Valencian Community, and Spain. The Executive has based this on the event's economic impact and the participation data from its 2024 edition, which has proven to be "a catalyst for investment, with a projection of over 480 million euros in funding for participating startups".

In the absence of General State Budgets, the central Government has opted to approve this declaration through an ad hoc Royal Decree-Law, a measure that was already applied last summer for another 28 events.

Other requests for the city of València, such as European Green Capital 2024, the Holy Chalice Jubilee Year, or the Gay Games, did not receive the same recognition. The Government of Spain had previously argued that these declarations required a General State Budgets law, an argument that now seems to have been relaxed.

This recognition will allow VDS sponsors to benefit from tax bonuses such as the Tax on Economic Activities (IAE), as well as deductions in Corporate Tax, Personal Income Tax (IRPF), and Non-Resident Income Tax (IRNR) for expenses incurred in advertising and direct promotion of the event. They will also be able to benefit from the exemption or reduction of local taxes linked to the organization of the event, thus fostering public-private collaboration.