The financial entity will make available to the projects of the Incubator in Blue Economics its financial products in preferred conditions
One of the differentiating elements of the Incubazul model is to offer the tools to facilitate investment and make possible the viability of companies, beyond theoretical advice
The delegate of the Free Zone of Cádiz, Fran González, and the director of the Cádiz 1 Business Unit of Caja Rural del Sur, David del Valle, today signed a general protocol of collaboration between the technological incubator specialized in blue economy that is underway the consortium, incubazul, and this financial entity to bring financing to the startups housed in incubazul.
With this agreement, Caja Rural del Sur will be a strategic ally of the Free Zone of Cádiz in financing solutions for its incubated projects, being a catalyst to boost the growth of startups in their passage of business ideas to companies.
The fact of promoting financing options for initiatives and projects highlights one of the differentiating elements of Incubazul, which accompanies entrepreneurs throughout their journey, from the conception of the idea to the formation of the product or service and its viability, being an added value that really makes the difference with other more theoretical incubation models.
It must be remembered that 100 startups linked to the blue sector with very diverse activities have passed through the Incubazul acceleration program, which are receiving training, support and advice in financing and internationalization, among other services. With today's alliance, Caja Rural del Sur will offer these startups its services and financial resources in advantageous conditions to favor and improve the development of its activity and help it implantation in the business fabric.
During the act of the signing of the protocol, the Consortium delegate, Fran González, thanked David del Valle “his support for Cádiz, Incubazul and the blue economy through this strategic alliance with the free zone, which demonstrates that the financial and investment ecosystem is increasing Environment as those that are part of our incubator. ”
The head of the Consortium has stressed that "this agreement encourages us to continue working and, above all, supports the great effort made in these years to promote entrepreneurship in the new industry and circular economy, racing one of the most complex roads facing the people who undertake and that are none other than access to financing." This type of alliances "differentiates us since the acceleration program that develops in Incubazul, offering real solutions in the phase of access to financing, one of the crucial phases of the process of consolidating an idea in a business," Fran González exlimated.
For his part, David del Valle, in the name of Caja Rural del Sur, thanked the direction of the Free Zone of Cádiz the agreement reached because the entity “supports all productive and business activity and in this case with special enthusiasm because these are projects promoted by startups that are characterized by being novel and imaginative initiatives in the technological, environment and creation of new jobs in the province of Cádiz ”.
The blue economy incubator of the Free Zone of Cádiz has demonstrated with data its proper functioning. According to the last balance made, 41% of the companies housed in Incubazul are already invoicing when at the beginning of the last 2024 quarter, the startups they invoiced.
Another relevant fact to keep in mind is that the projects that have registered a minimum viable product (MVP), a stage prior to takeoff, have also increased, which has already reached 31%, while project projects with projection for their character Innovative are 28%.
