Melilla publishes the Business Incubator 4.0 agreement that mobilises 2.12 million and will support at least 34 projects
The Official Gazette of Melilla has published the agreement between the Autonomous City and the INCYDE Foundation to launch the Business Incubator 4.0 Melilla-Content Creation, with an investment of 2,116,553.90 euros and ERDF funding of 85%.
The Autonomous City of Melilla and the INCYDE Foundation have formalized the agreement for the Business Incubator 4.0 Melilla-Content Creation, according to the Official Gazette of Melilla. The agreement, signed on July 21 by Javier Collado, general director of INCYDE, and Miguel Marín, Minister of Technological Innovation, mobilizes a total investment of 2,116,553.90 euros.
The project has a contribution of 85% from the European Regional Development Fund (ERDF), equivalent to 1,799,070.81 euros, while the Autonomous City contributes 317,483.09 euros from its own funds. The initiative will run until 3 September 2029.
The infrastructure will be aimed at micro-SMEs, SMEs, entrepreneurs and the self-employed, with a special focus on content creation and the creative industries. The planning plans to support at least 34 companies, offering the creation of the infrastructure, its basic and technological equipment, professional services and dissemination, dynamization and support actions linked to the incubator itself.
The agreement establishes that INCYDE will provide support in the coordination, management, monitoring, dissemination and dynamization of the initiative, while the Autonomous City will be responsible for the material execution of the project. At the signing ceremony, Miguel Marín stressed that the incubator will allow "to create an attractive ecosystem not only nationally, but also internationally, capable of attracting content creators from anywhere in the world". Javier Collado added: "With this Business Incubator 4.0 we continue to expand a network that brings innovation, technology and opportunities to entrepreneurs throughout the territory".
The initiative involves an injection of resources and services aimed at diversifying the local economy towards digital and high value-added activities. In addition to the physical and technological infrastructure, the dynamization and dissemination actions can facilitate the visibility of local projects and their connection with broader markets, in accordance with the objectives expressed in the agreement.
The monitoring of the project and its administrative calendar are defined until 3 September 2029, the date set as the execution deadline in the published agreement.
