Support for Innovative Business Groupings aims to establish close collaborative links between the General State Administration (Administración General del Estado - AGE), the Autonomous Communities, and the Local Bodies in order to enhance the competitiveness of Spanish companies, especially small- and medium-sized enterprises.
Support for Innovative Business Groupings aims to mitigate the market deficiencies related to problems of coordination that hamper the development of the groupings or restrict the incentives for companies to have contact with each other, to set up information and knowledge flows, and to collaborate in technological or organizational innovative projects, as these are too large for the resources of an individual company to handle.
