Wednesday, July 1, 2026 - 18:45
- “It is essential that we can use our Economic Office as a showcase for everything that is done in Galicia in order to attract that investment,” Lorenzana says
- She highlights that, in the aerospace field, Galicia launched an innovative public procurement system in which it is a pioneer in Spain, and that, together with BFAero, this has helped consolidate a leading ecosystem that, in the coming years, “can bring us great joys”
- She announces that the major framework agreements under the Security, Defence and Aerospace Strategy will, as a new feature, prioritise manufacturing in Galicia
- Madrid, 1 July 2026
- The Xunta held today for the first time in Madrid, at the headquarters of the Galicia Economic Office, a meeting in which different start-ups taking part in the seventh edition of the BFAero accelerator and in other previous calls — Kreios, Aguia and Vig-Sec Drone — presented their projects to 18 venture capital funds drawn by the potential of the Galician aerospace ecosystem.
- The Regional Minister for Economy and Industry, María Jesús Lorenzana, accompanied by the Director of the Economic Institute of Galicia (Igape), Covadonga Toca, was responsible for closing the event, which, she said, gives these start-ups an opportunity to connect with investment funds, which is “crucial” because it “guarantees financial viability and accelerates their growth in the market”.
- “This is one of the main concerns we have as a Government: we detect and support many innovative projects, but those projects need to consolidate themselves in the market and keep growing. And we cannot achieve that with Igape or Xesgalicia alone; we need private investment. Therefore, it is essential that we can use our Economic Office as a showcase for everything that is done in Galicia in order to attract that investment,” she said.
- Lorenzana specified that “the work done by a Government is largely what allows an innovative entrepreneurial system to be consolidated”. And, beyond financial support, she mentioned that, in the aerospace sector, Galicia launched an innovative public procurement system in which it is a pioneer in Spain and that, together with BFAero, this has helped consolidate a leading ecosystem at national and European level that, in the coming years, “can bring us great joys”, she said.
- The minister stressed that BFAero is part of the Defence, Security and Aerospace Strategy, which aims to mobilise more than 900 million euros by 2030. It includes support instruments such as the line of aid for certifications; for dual-use technologies — open until 4 September with a budget of 6 million euros — and the framework agreements for public innovation procurement, which are now to be presented with a “very important” new feature, namely that what will be prioritised is “that those consortia bring their innovation project to the community and leave that added value of industry and manufacturing in Galicia”, she announced.
- Since its launch in 2019, BFAero has supported 49 business projects, both Galician, from other parts of Spain and even international ones, of which 15 are start-ups that have generated more than 310 skilled jobs, 28.6 million euros in turnover and investments worth 16 million euros. Projects from the 5th and 6th editions alone have attracted more than 14 million euros in public and private funding, demonstrating the programme’s ability to transform strategic technologies into companies attractive to investors.
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