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The aim of the grants is to promote business cooperation to increase the competitiveness and growth of SMEs in Extremadura. This will be achieved by the creation, consolidation and growth of Innovative Business Groups (hereinafter IBG) or clusters belonging to strategic sectors of the region, as well as the development of collaborative projects. Those projects that have any of the following purposes will be considered eligible actions:
No information available but forecasts are optimist and it is expected to achieve long-term results.
The cooperation among companies has proved to be a very effective way of accomplishing greater results in terms of growth and competitiveness. These grants intend to encourage that collaboration, embracing a wide range of projects and different degrees of commitment attending to the particular objectives of the companies. This makes the measure very inclusive, covering many types of companies and sectors, which in addition must be included as strategic sectors in the RIS3 Extremadura. On the long-term, it could lead to the consolidation of strong clusters in the region. The major disadvantage of the initiative lies in the small amount of funding provided.