The Basque government mobilizes 500 million in aid for the industry against “worldwide uncertainty”

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The plan is primarily aimed at SMEs and will assign an important item of more than 100 million to promote carbon. According to the Minister of Industry, Mikel Jaureegi, the executive “tries to” stimulate the investments “against the” rate turn “promoted by Trump.

The Basque government has approved a new one Industrial help planendowed with a total of 500 million euroswith the aim of maintaining the Basque industrial substance “the good growth prospects” for this year and is previously strengthened “Worldwide uncertainty” Generated by the “rate” promoted by the president of the United States, Donald Trump.

In the press conference after the Board of Directors, the Minister of Industry, Energy Transition and Sustainability, Mikel Jauregi explained the details of this plan. The program pays special attention to small and medium -sized companies (SME) from Euskadi, and has help for, among other things, technological area, innovation, internationalization or digitization.

The total catalog of available help is hung on the websites of the Spri and Euskadi.eus, and in the month of March there will be information days in the three areas to send all information to the interested companies.

Likewise, a specific program will be engaged to promote low -carbon and renewable energy sourcesSo 80 million euros will be reserved for help for the acquisition of equipment for generating electricity through renewable energy and another 22 million for industrial carbon -poor.

Likewise they go for this plan “Relax and accelerate” Requests from requests for help so that they can occur A period between one month and five months.

The Minister of Industry has indicated that they are planning between public and private investments Mobilize 2000 million euros Investment for the industry.

“We are aware that we live a historic moment when international uncertainty is the only thing we can certainly take,” he said. According to Jauregi: “It’s time to be brave and to prepare our industry for the challenges of the future.”

Source: EITB

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