THE CDTI INVESTS MORE THAN 152 MILLION EUROS FOR BUSINESS R & D & I PROJECTS

  • 23 projects are approved in the second call of CIEN, with nearly 140 million euros of public contribution

  • The approved initiatives will generate 6,399 jobs, most of them highly qualified

Image result for cdtiThe Board of Directors of the Center for Industrial Technological Development (CDTI) , a body under the Ministry of Economy and Competitiveness, has approved 44 new R + D + i projects with a total budget of 203 million euros. The CDTI will provide more than 152 million euros to boost business R & D & i.

23 projects have been approved in the second edition of the CIEN strategic program, 4 individual R & D projects and 17 project of the Innovation Hotline. In the development of these projects, 704 companies participate, of which 62% are SMEs and, of these, 43% belong to medium and high technology sectors. Of the total of the companies involved, 256 (36%) receives funding from the CDTI for the first time.

The CDTI estimates that the sum of these initiatives will mean the generation of 2,203 direct jobs that will mobilize 4,196 indirect jobs. In total, 6,399 jobs for the economy as a whole.

CIEN strategic program

This program is intended to finance large industrial research projects and experimental development, developed by business consortiums and aimed at carrying out planned research in strategic areas of the future and with potential international projection.

The CDTI has approved 23 CIEN projects in which more than 150 different companies participate, with a contribution commitment of 140 million euros and close to 187 million euros of mobilized investment.

Projects co-financed with FEDER funds

The CDTI has approved 3 projects co-financed with funds from the new 2014-2020 FEDER round-Pluri-Regional Operational Program for Smart Growth-, with a public contribution ( CDTI + FEDER ) of 1.67 million euros, two of them in ” more developed areas “and the third in” areas in transition “, according to the definition of ERDF.

The implementation of the Pluri-Regional Operational Program for Smart Growth has allowed the CDTI to increase the non-reimbursable tranche to 20% for all projects that have co-financing from this program, regardless of the size of the beneficiary.