The web portal Ibstartups has all the information needed to start up or invest in the community

Some thirty public entities led by ADR Balears presented at the XSPE meeting the new developments and coordinated actions to promote business creation

The Regional Ministry of Enterprise, Employment and Energy this morning presented a new web portal to promote the acceleration of start-ups in the Balearic Islands. The Director General of Enterprise, Self-Employment and Trade, José Antonio Caldés, took advantage of the meeting of the Xarxa de Serveis Públics Empresarials (XSPE) to make the Ibstartup website available to organisations and local councils, which has all the information necessary to promote the entrepreneurial ecosystem, from legal and administrative information to the procedures required to set up a company. The director general highlighted ‘the startup acceleration service that will be coordinated with the Bit Foundation and through which the private investment ecosystem will be developed: business angels, investment groups, companies and corporations, which will serve to combine with public aid processes, allowing the development of startups in the Balearic Islands to be more competitive and efficient’.

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The Government presents a new programme to encourage the acceleration of start-ups in the Balearic Islands

Some thirty entities related to entrepreneurship and some forty local employment and development agents (AODL) met this morning at one of the meetings of the XSPE, an initiative created by the Regional Development Agency (ADR Balears). The XSPE aims to coordinate all the public services at local, insular, regional and state levels that work to support and carry out key procedures and services of value in the process of creating and consolidating companies.

The meeting focused on the different lines of business financing available to ADR Balears in collaboration with other entities, such as Microbank’s microcredits for entrepreneurs, or Colonya Caixa Pollença’s products. The Ibavals line was also presented for industrial companies that want to carry out productive investments or improvements in sustainability. This aid from ADR Balears finances the costs of the loan guaranteed by ISBA, SGR.

Finally, the agri-food cooperatives were welcomed as new members of the XSPE, which currently has 33 entities and 45 local institutions.