The Director General of Andalusia TRADE, Antonio Castro, presented on Tuesday 19 May to the aerospace industry attending the opening session of ADM-Seville 2026 the business financing offer of Andalusia TRADE, which plans to place on the market €432 million. “These funds will be of great use to the aerospace sector to develop and undertake new projects that are coming, derived from the new reality facing the world and, especially, Europe, in the fields of civil and defence aeronautics, and space.”
At the opening session of the ADM 2026 conferences, the most important aerospace business event in Spain and Southern Europe, Castro highlighted the set of incentives and support tools for business development from Andalusia TRADE, “a hybrid business financing system that can meet a large part of the needs of the Andalusian aerospace sector.”
This business financing system debuted with direct incentive lines for industrial development and business creation, non-competitive R&D and internationalisation, with a combined budget of €255.6 million, co-financed with ERDF funds and therefore mainly aimed at SMEs. “The result is very strong,” says the head of Andalusia TRADE, “since in two and a half years, 612 business projects have been supported with incentives worth €152 million, for a total investment of €351 million. A commitment to companies, so that for every euro of private business investment, the Andalusian Government, through Andalusia TRADE, contributes one public euro (47.2% average incentive intensity).”
These incentives will be joined throughout 2026 by new R&D calls, this time competitive, with €70 million also co-financed by ERDF. With this call, Andalusia will have the most powerful public offer of incentives for R&D+i in its history.
In addition to direct incentives, and also with ERDF co-financing, venture capital funds are being developed, currently in the tendering process (8 bids have been submitted for the 3 funds). These are three funds to manage two lines (Startup and Expansion), with a public allocation of €58.8 million, 62% more than previous funds.
Furthermore, in order to expand the range of beneficiaries of public business support instruments to non-SME companies, Andalusia TRADE is working on other tools such as the FAST Fund, endowed with €30 million of the Andalusian Government’s own funds for strategic technologies for Andalusia; the incentive scheme to facilitate companies’ access to alternative financing markets (currently being processed), with €1 million also self-financed; and the incentive line for the payment of guarantee commissions and financial costs of loans backed by guarantees from Mutual Guarantee Societies operating in Andalusia, which, with €16.5 million of own funds, is expected to leverage €90 million in private investment.
“Overall,” said Antonio Castro, “they form a complete system of incentives and financing of €432 million that has made Andalusia TRADE the best ally of Andalusian companies in general, and the aerospace sector in particular, for their growth and to ensure that no business project is left behind due to a lack of public support.”
Source: Okay Diario
