Description

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    The Valencia competitiveness Institute (IVACE) is the Regional Government body in charge of encouraging the Region’s economic development and competitiveness through support to Valencia’s private sector internationalization, innovation, financing, energy and attraction of foreign investment.

    IVACE manages programs for strengthening Valencia’s innovativeness. These programs have different specialisms and cover several areas of society and industries.

    Some involve funding of research, which is important for renewal of industry. In other cases it involves companies applying for funds for their development projects.

    The Agency’s mission is to promote the development of the energy system, so that it will become ecologically and economically sustainable.

    Trade and investment promotion aims at encouraging growth, full employment and development by promoting exports. IVACE designs and implements technical assistance programs, services and funds aimed at the internationalization of the Valencia businesses.

    IVACE financiación manages the main funding supports and programs for established small and medium sized enterprises in the manufacturing and internationally traded services sectors.