Diagnosing your company

At GRUPOTEC, we are aware that, given the current economic climate we are facing, a commitment to innovation is a requirement, not an option. In this context, almost every company is developing some kind of innovation activity, consciously or unconsciously, planned or unplanned.

The first step of the Management process is identifying the R+D and IT activities being developed by the companies, and their documented grouping into Individualized R+D+i projects.

The second step requires an awareness and command of the increasing and exceptional degree of institutional support for innovative entrepreneurial activity through multiple financial and tax instruments, with funds available at the EU, State and Regional levels:

Access to various sources of funding for R+D+i activities, usually linked to current expenditure:
- Highly competitive financing without bank involvement, with loans at 0% interest and additional subsidies for I+D expenses.
- Technical risk shared by the institutions.
- Loans with special interest rates for funding of innovation assets.
- Financing of current expenditures of the companies: No requirement to spend more…
- Expediting of the processing and obtaining of funds, guaranteeing collections and application of incentives.
Access to tax incentives on total tax liability, which are very interesting for innovative companies, with full legal security through a certified procedure that eliminates risks with the Spanish Tax Office.

In short, Innovation Management is a strategic action in the modern company which can improve business competitiveness.