Andalusia joins its two start-up agencies and sets aside €62 million for funds and aid
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- Capital-Riesgo.esOriginal on Capital-Riesgo.es (opens in a new tab) 23 Sep
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The Andalusian regional government has concluded that its two main tools for entrepreneurs, Andalucía Emprende and Andalucía TRADE, should work together, and is trying it for the first time under the Regional Ministry of University, Industry, Energy and Innovation. Regional Minister Jorge Paradela announced the arrangement, with €62 million attached, while opening the 2026 Al Andalus Innovation Venture forum in Seville on 22 and 23 September.
Most of the money goes into three funds run through TRADE. A venture capital fund for Andalusian start-ups gets €9.8 million, co-financed by the European Regional Development Fund. Two more, aimed at innovative companies in their growth phase, share €50 million, also with ERDF backing. Paradela said all three would launch "imminently". The remaining €2.2 million is spread over three aid programmes run by the ministry itself, covering incubation and acceleration, newly created businesses, and open innovation between start-ups and larger firms. Their rules are already approved.
The ministry is also bringing 30 Andalusian start-ups to the forum, each with a set of meetings with corporations, investors and mentors. Between January and August, the region's CADE centres advised 12,095 entrepreneurs and helped create 11,747 companies and 11,882 jobs, which works out to roughly one job per company.