Andalucía TRADE is not yet in operation, but it is expected that by summer 2022 it will be providing support to entrepreneurs. Find out what Andalucía TRADE is, its objectives and what competencies it will have.

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What is Andalucia Trade?

Previously, there were 4 organizations in Andalusia for companies, businessmen and entrepreneurs who needed an economic boost and growth in the community. These were:

• Andalusian Innovation and Development Agency (IDEA), under the Ministry of Economic Transformation, Industry, Knowledge and Universities
• Andalusian Knowledge Agency (AAC), under the Ministry of Economic Transformation, Industry, Knowledge and Universities
• Andalusian Agency for Foreign Promotion (Extenda), attached to the Office of the Presidency
• Andalucía Emprender, attached to the Ministry of Employment, Training and Self-Employment

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To facilitate this task, it has been created Andalusia TRADE: a merger of the four entities named to promote economic and business development in Andalusia.

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It is an instrumental entity dependent on the Junta de Andalucía and is attached to the departments of the Presidency and Economic Transformation. It is the union between business, investment and knowledge. The Andalusian Government believes that it will be a one-stop shop for the market, investment and companies and entrepreneurs.

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What are the agency's objectives?

Andalucía TRADE will help to organize more efficiently the Andalusian public sector connected to the business ecosystem.

• Modernizing the Andalusian economy. To have a connected and robust ecosystem, an appropriate institutional framework is needed. TRADE will make more efficient use of resources, adapted to the digital era to promote a stronger and more competitive Andalusia.‍
• It will be a one-stop shop for the market, investment and companies. It will be established as the link for the transfer of knowledge between universities, research centers and the Andalusian productive fabric.‍
• It will bring together all the activity to support the business sector to promote economic transformation, investment promotion, internationalization, innovation, promotion of R+D+i, knowledge transfer, entrepreneurship and self-employment.‍
• It will result in greater transparency, effectiveness, efficiency, rationalization, simplification, and agility of procedures.

What competencies will Andalucía TRADE have?

The main lines of action of the new agency will be:

• ECONOMIC PROMOTION: Promote economic development by creating the right institutional, financial and technological environment.
• INNOVATION: Common system for managing business environments and promoting the company through programs and grants to promote technological and business innovation.
• INVESTMENT: Create an economic environment capable of attracting investment. All financial instruments in a single entity.
• LARGE COMPANIES AND PROJECTS: Unite all the advisory and promotional tools of the Junta de Andalucía to achieve the objectives. Transfer: Promote the use of technologies developed by Andalusian research, bringing together SMEs, research centers, public institutions and clusters.
• ENTREPRENEURS: Inspire and support people who decide to start business projects. Promote an entrepreneurial attitude. Develop intelligence and knowledge to put them at the service of entrepreneurs.
• INTERNATIONALIZATION + EUROPEAN INSTRUMENTS: To put the European instruments and the internationalization tools of all entities at the service of promoting the Andalusian economy.

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Read more: Grants for SMEs and the self-employed in Andalusia