On Friday October 28th was the deadline for registration to participate in the first call of the Business Factory Auto (BFA) with a total of 22 business projects presented in the four possible categories (spin out, spin off, startups and several companies spin outs ).
From the management team of the BFA, they consider that these results are very positive for the Galician industry, especially because it is the first call aimed specifically at new automotive projects.
At this moments, the projects are being evaluated by a committee composed of members of CEAGA, the PSA Group, the Xunta de Galicia and the Consortium of the Zona Franca Vigo, which announced the selected initiatives later this month.
The aim of the Business Factory Auto is to identify, accelerate and consolidate projects specialized in automotive and transforming them into viable and scalable innovative companies that attract and retain talent.