5 June 2018

Yesterday, the third edition of the Business Factory Auto (BFA) initiative was presented, at the Porto do Molle Business Center (Nigrán), with an event attended by more than 250 people, interested in knowing the requirements to participate in this new edition.

This conference about ”Entrepreneurship 4.0 in the Galician Automotive Sector and launch of the third edition of the Business Factory Auto (BFA)” featured the presentation of 4 success stories of participating projects in the second edition, as well as a round table of Sector professionals who presented the topics of interest for future automotive projects.

In addition, the meeting was attended by Pau García-Milá, professor at ESADE, who founded his first company with 17 years and was later acquired by Telefónica. García-Milá made a presentation to raise awareness of the importance of ”Fast Innovation”.

Finally, the event was closed by the President of CEAGA, Juan Antonio Lloves; Frédéric Puech, the Director of the Iberian Pole of Groupe PSA; the Delegate of the Free Trade Zone of Vigo, Teresa Pedrosa; and the Regional Minister of Economy, Francisco Conde.

Those interested in presenting a project to this third edition of the BFA, can do so until next August 22, through the website: www.bfauto.es, where also appear the regulatory bases with the requirements for the new companies.

The Business Factory Auto initiative has been promoted jointly by the Department of Economy, Employment and Industry of the Galician Government, the Consortium of the Free Trade Zone of Vigo, Groupe PSA and CEAGA. Its objective is to identify, accelerate and consolidate specialized automotive projects and transform them into viable and scalable innovative companies that attract and retain talent.