Spain and Colombia will work on biotechnology projects

The governments of both nations launched in mid-September a call to companies in the area of ​​biotechnology to work on new projects

The governments of Spain and Colombia recently launched a plan for the activation of biotechnology projects through a call to companies in the sector in both countries.

“With this initiative we seek to strengthen companies and ventures that use biotechnology, in order to make the best use of the possibilities offered by this science to innovate in different processes and branches of the productive sector,” said the Minister of Commerce , Industry and Tourism of Colombia, José Manuel Restrepo.

The Colombian agency iNNpulsa, dedicated to promoting innovation and entrepreneurship in Colombia, as well as the Center for Industrial Technological Development (CDTI in Spanish) from Spain have an outstanding participation in this initiative.

In this sense, the president of iNNpulsa, Ignacio Gaitán Villegas, has stressed that entrepreneurship and innovation in the country represent a great development potential based on biotechnology through research and geography of the country. The executive added: “We must take advantage of this to generate economic growth and formal employment, which we will accelerate if we have the support of Spanish companies that have already traveled this path.”

According to Restrepo, with the launch of this call they seek a profound impact on entrepreneurship, one of the main pillars of business growth and the revitalization of the economy.

The call of both governments was launched on the 14th and is open until September 26. The Colombian company iNNpulsa has allocated 360 million pesos (about 107,000 dollars) and the Spanish CDTI will make other resources available to the companies although the amount was not specified.

The areas that will benefit from biotechnology-based projects are “agricultural, chemical, food and beverage, pharmaceutical, textile, cosmetic, services and energy, among others.”

The support of both governments is essential for technological adaptation in the two nations for innovation, education, research and sustainable development.

M.Pino

Source: BancayNegocios

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