The main installations are located at Área portuaria de Bouzas s/n, Vigo close to CEAGA and GROUPE PSA in the center of Vigo. These installations put at the disposal of the entrepreneurs everything necessary for the development and daily activities of their businesses: coworking area for acceleration projects, offices in nursery space for companies in consolidation, meeting and training rooms, dining room, etc.
Direct connection with the automobile sector
Lead by CEAGA and with direct participation of the Groupe PSA as one of the promoters. It has also with the support of automotive sector companies both regionally and internationally presence that can facilitate the access to the new markets, contact to other sector companies and advisement on validation of the value proposition, business model, etc.
Up to 375,000 € per project:
- Up to 125,000 € in Acceleration Phase, 25,000 € from a grant without refund conceded by GAIN and two participatory loans and/or stake capital of up to 50,000 € conceded by Vigo Activo and Xesgalicia.
- Up to 250.000 € in Consolidation Phase through one participatory loan and/or stake capital conceded by Xesgalicia.
The capacitation programme has got tutoring, mentoring and training sessions which are taught by professionals of the automotive sector and other knowledge fields. The methodology and organization of the sessions, individual or in group, are focused on promoting the project development, increase competitiveness and improve the capabilities of its team members.
The participants have the support and advisement from the management team (lead by CEAGA) that is composed by professionals of automotive sector and entrepreneurship who orient to the participants during all phases of the BFA initiative, since the call phase until the acceleration and consolidation phase.
