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Archipelago Next

Canary Islands venture capital fund created in 2018 to finance seed stage startups. Currently, it has a total of 20 investors (all of them leading entrepreneurs). They operate throughout Spain and are characterized by the proximity and involvement of the management team, always giving the entrepreneur the leading role. In addition, they are actively involved in creating potential partnerships between investors and their more than 45 investees.

Website: https://www.archipelagonext.com/
Information: info@archipelagonext.com

 

 

The Canarias Innovation and Technology Award is a biennial initiative promoted and financed by individuals with proven experience in fields related to entrepreneurship, science and innovation. This recognition is a commitment to the talent, knowledge and technology that exists in the Canary Islands.

The Award supports the growth of innovative science and technology-based projects in early stages, created by researchers and entrepreneurs, which propose technological solutions that generate positive economic and social impact and contribute to improving the competitiveness and productivity of the business fabric of the islands.

The Award consists of:

  • Investment of €25,000 for the growth of the winning project in its initial stages (syndicated co-investment or financial endowment).
  • Automatic access to the Jury’s knowledge, know-how and experience and to a wide range of
  • professional network linked to the R&D&I field.
  • Support to the winning team and finalists to present their project to capital funds.
  • specialized risk.
  • Introduction to international incubation and acceleration programs.

Website: https://premiocanariasinnovacion.es/

Contact information: info@premiocanariasinnovacion.es


SUBSIDIES

TITLE OPEN DATE DEADLINE DATE
Grants to High Technology and Knowledge Intensive Companies in RIS3 priority areas - EATIC OPEN DATE
17/09/2020
DEADLINE DATE
09/04/2021
Carrying out projects that make use of the knowledge of excellence, the results of the and existing research and capacity in the priority areas of the Research and Development Strategy. Smart Specialization of the Canary Islands (intelligent leadership of tourism, Digital Agenda, green growth and sustainability...).
Scope: Regional
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Subsidies for the incorporation of innovative personnel to the productive - IPI (2021-2027) OPEN DATE
18/09/2021
DEADLINE DATE
10/28/2021
Recruitment of innovative personnel to participate in the implementation of a project of innovation. The aim is to encourage the incorporation of highly qualified personnel into the companies companies and clusters, for the development of innovation projects.
Scope: Regional
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Innovation and Digital Economy Bonds Program - INNOBONOS OPEN DATE
March 2021
DEADLINE DATE
04/23/2021
Validly constituted companies and self-employed professionals that carry out their activity in the territorial scope of the Autonomous Community of the Canary Islands for the contracting of services advisory, consulting and technical assistance services in business innovation and the implementation of ICT-based systems, to specialized suppliers in the field of:
- Advice on R&D management
- Knowledge transfer
- Incorporation of innovative ICT technologies in the company
Among others.
Scope: Regional
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Canary Islands CONTRIBUTES OPEN DATE
07/23/2022
DEADLINE DATE
12/08/2022
Canarias Aporta is a support program for Canary Islands companies that want to internationalize your product and/or service, open markets, diversify your customers and improve your global competitiveness. The call for proposals is made on an annual basis and offers a grant of 50% of application in international markets including the Spanish mainland and covers the cost of promotion and implementation, specialized technical advice and attendance to trade fairs, seminars and congresses.
Scope: Regional
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Investigo Program OPEN DATE
28/02/2023
DEADLINE DATE
20/04/2023
Hiring of young people registered as job seekers and unemployed in the SCEs between 16 and 30 years of age to carry out research and innovation initiatives.
Scope: Regional
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Torres Quevedo Program OPEN DATE
31/01/2023
DEADLINE DATE
02/21/2023
Three-year grants to companies, technology centers, business support centers, research and development centers innovation, business partnerships, and science and technology parks for the that it is necessary to hire people with a doctorate degree.
Scope: National
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NEOTEC Program to support the creation and consolidation of innovative companies. Technological Base OPEN DATE
28/02/2023
DEADLINE DATE
20/04/2023
Start-up of new business projects, which require the use of new technologies or knowledge developed from the research activity and in which the research strategy is based on the business is based on the development of technology. Priority is given to the incorporation of people with to reinforce their capacity to absorb and generate knowledge.
Scope: National
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LOANS

TITLE OPEN DATE DEADLINE DATE
INNVERPYME Gran Canaria Call open all year round Participative loan instrument for financing technology and innovation companies. innovative solutions for specific sectors that contribute to the improvement of the island's competitiveness, to diversification of its productive structure and the generation of employment.
Scope: Insular
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Fondo Canarias Financia 1 - Line creation and development of innovative SMEs OPEN DATE
07/07/2020
DEADLINE DATE
30/12/2022
To promote the creation and development of innovative SMEs, foster the transfer of know-how, and promote research to the business environment, in particular in the priority areas identified in the RIS3 Smart Specialization Strategy of the Canary Islands, and to encourage private investment as an incentive to supplementing public contributions.
Scope:Regional
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Fondo Canarias Financia 1 - Business innovation line for SMEs To contribute to improving the competitiveness of small and medium-sized companies in the Canary Islands by boosting their technological, organizational and business management modernization, as well as by as the development and implementation of new processes and products in the Canary Islands. The following should be counted with a permanent establishment in the Canary Islands, where the project will be developed. In addition, it must prove that it has not been able to obtain bank financing or that it has been unable to obtain it. found, but in inadequate market conditions.
Scope: Regional
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R&D projects developed by companies and aimed at the creation and significant improvement of production processes, products or services. Call for proposals open all year round For R&D projects aimed at the creation and/or significant improvement of a process. product or service, which may include both research and development activities. and experimental development.
Scope: National
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Cervera Technology Transfer R&D Projects innovators OPEN DATE
Early 2022
DEADLINE DATE
01/01/2022
For R&D projects developed by companies, of an applied nature (both research and development activities). research as well as experimental development) for the creation or significant improvement of the of a production process, product or service, which show a technological differential aspect on existing technologies in the market. Projects must be developed in the following areas in collaboration with Technological Centers or Support Centers for the Development of Innovation at the state level.
Scope: National
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Innovation Hotline - CDTI Call open all year round Support for applied projects, very close to the market, with technological risk. and short payback periods, which can improve the quality of the products and services offered. competitiveness of the company through the incorporation of emerging technologies in the sector.
Scope: National
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Direct Line of Expansion - LIC A Call for applications open all year round Promote innovation through the improvement of the capabilities of companies that propose technologically innovative investment projects that facilitate their growth. Technological innovation projects should be of an applied nature, very close to the market and with medium/low technological risk, with ease of achieving the planned objectives. both technical and commercial, and with short payback periods, and that involve the incorporation of emerging technologies.
Scope: National
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Lines of Entrepreneurship and Young Entrepreneurship Call open all year round Aimed at SMEs (and startups), whose main activity and registered office is located in the territory of the country. national, recently incorporated (at the most, during the 24 months prior to the application), created by innovative entrepreneurship projects (with an innovative business model), or with clear competitive advantages) in its initial phase. Two lines:
- Entrepreneur line - Call open all year round.
- Young entrepreneurs line - Call open all year round.
Scope: National
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Growth Line Open call all year round Aimed at supporting business projects based on a viable and profitable business model, of companies interested in achieving a competitive improvement or a change in the model of their or who want to expand their production capacity by acquiring new equipment, or who want to technology, increasing its range of products/services or diversifying markets. The requirements are to be an SME whose main activity and registered office is located in the territory of the country. with a business model that is innovative, novel or has clear competitive advantages, and with a balanced financial structure and professionalism in management (it will be necessary to demonstrate technical and economic viability of the business project).
Scope: National
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TAX INCENTIVES

There are different tax incentives that encourage investment in R&D or research and development activities. technological innovation, such as the Patent Box or Social Security bonuses. by Research Staff.
Scope: Regional
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ECONOMIC AND TAX REGIME OF THE CANARY ISLANDS

Reserve for investments in the Canary Islands For companies that are taxpayers of S.I. and that have their headquarters or an establishment located in the Canary Islands. It consists of a reduction in the taxable income for the amount of of the allocation to this reserve, which in no case may exceed 90% of the non-cash profit. distributed for the year obtained in the Canary Islands. Obligation to materialize the same in 3 years.
Scope: Regional
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Canary Islands Special Zone It is a special tax regime with some particularities. Examples include:
- A reduced tax rate of 4% is applied to the part of the taxable base that corresponds to the activities carried out in this area.
- Exemption from transfer tax and stamp duty for cases in which goods and rights are acquired for the development of the activity of the ZEC entity.
- Exemption from IGIC taxation in the case of supplies of goods and services of services provided by ZEC entities to each other, as well as imports of goods and services provided by ZEC entities to other ZEC entities. by these companies.
Scope: Regional
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TAX MEASURES TO SUPPORT NEW COMPANIES

As a consequence of the new law 28/2022, of December 21, on the promotion of the startup ecosystem (Startup Law), a series of tax measures are created for emerging or startup companies that favor R&D investment.
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SUPPORT PROGRAMS

IAT - BIOASIS High-tech incubator of the Canary Islands whose program has been structured through specialized services in the field of blue biotechnology and aquaculture, with the aim that participating companies can meet the needs of advice at different stages of the life of the project.
More information
IAT - Maritime marine Incubator of High Technology in Data Analytics and Artificial Intelligence applied to the maritime marine environment is a national reference center to serve entrepreneurs and SMEs that develop innovative projects in these technological areas, with potential for local, national and international projection.
More information
Africagua Accelerator Proexca program that promotes companies that want to establish themselves in the Canary Islands to improve access to water in African countries. Through mentoring and direct funding, it supports 6 startups that have a business model focused on solving the great challenges of water.
More information
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Innovate Canarias is an open innovation programme run by the Canary Islands Association of Start-ups, Technology-Based Companies and Angel Investors (EMERGE) and sponsored by the Regional Ministry of Economy, Knowledge and Employment of the Government of the Canary through the Canary Islands Agency for Research, Innovation and the Information Society (ACIISI).

© 2022 Innovate Canarias. by Agencia Klawter

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