- The center mobilizes more than 1,500 million annually for innovative entities
The Center for Industrial Technological Development (CDTI) celebrates 40 years as the main driver of business R & D & i in Spain. The Minister of Economy, Industry and Competitiveness, Luis de Guindos, inaugurated this morning the National Meeting of Innovative Companies, which has served to celebrate the four decades of the center and which has been attended by representatives of 500 Spanish companies especially active in R + D + i.
The CDTI mobilizes more than 1,500 million euros per year for innovative Spanish entities and offers a wide range of financial instruments that cover the financial needs of companies to develop R + D + i projects. It bases its action on a model of comprehensive support for the innovative company, for which it offers advice, technical assistance and adequate financing for its needs. It also facilitates the capitalization of innovative companies through its participation in various venture capital funds that invest in technology-based companies, an activity that it previously carried out through Neotec Capital Riesgo and that since 2012 has been carried out through the Innvierte Program.
One of the main objectives of CDTI is to promote public-private collaboration. The CENIT program and CIEN have been essential in promoting this collaboration in recent years. Today more than 60% of the projects financed by the CDTI are carried out in cooperation with research organizations.
The CDTI also carries out activities to promote and stimulate the participation of Spanish companies in international programs such as Horizon 2020 or Eureka and multilateral and bilateral programs that involve carrying out R&D and technological innovation projects in cooperation with companies and entities from other countries. .
During these 40 years, the CDTI has supported more than 12,500 companies through the different aid programs for business R & D & i, technological modernization, internationalization and participation in large international programs.
The celebration of these 40 years has been closed by the Secretary of State for Research, Development and Innovation, Carmen Vela and has had the interventions of the Secretary General for Science and Innovation, Juan María Vázquez and the Director General of the CDTI, Francisco Marin.
Managers from seven companies, technology leaders in their respective sectors, have also participated thanks to their constant commitment to innovation: AMC Juices, Matarromera, Cosentino, Natura Bissé family wineries, Thyssenkrupp Elevator, Sintered Metal Applications and GMV. During their speeches they explained how technology has become an essential element to achieve a leadership position in the market.