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Instituto Valenciano de Competitividad Empresarial (IVACE)
IVACE is a public agency of the Generalitat Valenciana, Spain, established in 2012 to promote business competitiveness, innovation, internationalization, and sustainable energy in the Valencian Community. It provides grants, subsidies, and advisory services to companies across various sectors, including energy transition, digitalization, and industrial modernization.
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Strategic Overview
- IVACE's primary function is to act as a public facilitator and promoter of economic development and competitiveness, rather than an investor in traditional infrastructure deals.
- Its 'deals' are typically in the form of public grants, subsidies, and technical assistance programs aimed at private companies and municipalities.
- Key focus areas include fostering innovation, promoting energy efficiency and renewable energy adoption, and supporting the internationalization of Valencian businesses.
- IVACE plays a crucial role in implementing regional and European Union policies related to industrial development and energy transition within the Valencian Community.
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Investment Focus
Technologies
Solar1
Geography
Spain1
Key People
Julia Company Sanus
Director General
Track Record
12
Years Active
Notable projects: Management of regional energy efficiency and renewable energy grant programs, Promotion of industrial innovation and digitalization initiatives, Support for internationalization of Valencian companies
Detailed Analysis
Sectors
Technologies
Geographies
Deal Stage
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