Business Factory Auto
Vertical Automotive Accelerator
BFA is an initiative promoted by the Xunta de Galicia through the Axencia Galega de Innovation (GAIN), the Instituto Galego Economic Promotion Agency IGAPE and the managing company of investment entities of the closed type (Xesgalicia); the Foundation Cluster of Automotive Companies of Galicia (CEAGA), Groupe PSA, the Consortium of the Zona Franca de Vigo (CZFV) and Vigo Activo Venture Capital Company SA.
Its objective is the acceleration and consolidation of specialized projects in the automotive industry and its transformation into innovative companies, viable and scalable to attract and retain talent; thus contributing to strengthen the positioning of the sector and to increase its international projection.
Program promoted by the following entities:
Hubbik, Open University of Catalonia entrepreneurship Program
Program of entrepreneurship at the Universitat Oberta de Catalunya (UOC). The SpinUOC framed within Hubbik, the platform that promotes entrepreneurship and the open innovation linked to the areas of knowledge of the UOC and counts with the support of the Secretariat of Universities and Research of the Department of Enterprise and knowledge of the Generalitat de Catalunya and with cofinancing from the European Regional Development Fund (FEDER).
Corporate acceleration program of F. Iniciativas
FI Boost acceleration program for companies is born with the purpose of bringing the innovation of the startups to the market and to the corporate clients of F. Iniciativas. The selected companies will be accompanied for a period of four months with the aim of increasing their visibility in order to make proof of concept and commercial synergies that may occur with interested companies.
After four months of acceleration, FI Boost will hold the Demo Day in which the heads of the five technology firms will present their respective projects to a group of qualified investors specializing in startups and innovative business models.