Under the InnoCámaras project, Spanish chambers of commerce provide finance for SMEs and the self-employed who want to increase levels of innovation in their businesses. Recipients receive a grant, advice and invitations to events where they can share experience and improve their knowledge.
The InnoCámaras project aims to help businesses and the self-employed who want to innovate but lack the means.
Through InnoCámaras, the European Commission, in partnership with the Spanish Chamber of Commerce, offers companies advice on assessing their needs. Following this, each company receives a grant to make improvements.
16,000 businesses have benefited from InnoCámaras in the 10 years since its launch, of which 6,700 received help between 2007 and 2013. Through the mediation of regional chambers of commerce, these companies were able to link up with specialised agencies to share knowledge.
InnoCámaras will run until 2023 thanks to an increased budget of €35 million. Part of this comes from EU funds and the remainder from other public authorities.