The CDTI helps innovative companies to grow in R&D and productivity

The impact of aid from the CDTI, which promotes innovation and technological development on Spanish companies, is evaluated.

As indicated in the press release of the Center for Industrial Technological Development, Ángeles Heras, its president, closed a few days ago the presentation of this information, which was prepared by a team of evaluators from the Computense University of Madrid and the consultancy firm Nov, and demonstrated that more than half of the companies that opted for CDTI aid have developed more innovations than the rest.

Los jobs related to R&D and innovation have grown by 40% because those companies that received aid have increased their efforts to innovate in investment and in the creation of employment. On the other hand, those who decided not to receive them were 30%, a fact that was demonstrated in the Interim Report evaluating the impact of the CDTI aid scheme, which provides these grants with its own funds and funds from European institutions.

The Report, which was evaluated by the European Community, showed that Between 2010 and 2015, aid to Spanish companies was considerable, did not distort the market, and that more than half of the companies improved in their industrial processes, as well as in innovation. On the other hand, through these grants, they have been developed larger and more complex projects, and thanks to this, new products have been created that are very popular in the market, a fact that has led to a significant increase in sales and the general turnover of companies.

The CDTI has also provided a increased productivity and collaboration with Public Research Organizations (OPIS) of those companies that have been evaluated, and this has resulted in improved international cooperation and new alliances can be consolidated.

Javier Ponce, Director General of the CDTI; Carlos de la Cruz; Director of Evaluation and Technological Cooperation of the CDTI; Daniel Vidoni, member of the Directorate General for Competition of the European Commission; José Molero, professor at the Complutense University of Madrid and finally José Ignacio Cases, of consulting firm Novadas; were some of the experts who contributed to the presentation of the report.