On 4/10/24, the call for the granting of aid to finance innovative/projects through cooperation was published in the BOIB with the aim of searching, implementing and digitizing sustainable innovative solutions in tourist establishments in the Balearic Islands. within the framework of the Recovery, Transformation and Resilience Plan financed by the European Union Next Generation EU.
It is the first time that a call for specific innovation appears for the tourism sector in the Balearic Islands, and given the competitive specialization of the islands, it is something that makes a lot of sense and seems to me to be a success.
The call consists of two programs: one for research and the other for innovation. The research program’s beneficiaries are any entity or legal person that carries out development and innovation activities, and the innovation program’s beneficiaries are companies and people registered in any of the island registries of companies, activities and tourist establishments.
I find the program interesting for several reasons: for the clarity of its purpose (search, implement and digitize innovative sustainable solutions in tourist establishments in the Balearic Islands), for the profile of projects it aims to finance (circular economy, energy cycle and water, agri-food cycle, digital transformation), due to the simplicity of the application process and the fact that money is allocated to projects in advance.
Hopefully the program will serve the necessary transition of the tourism sector and so that the Balearic Islands continue to be an international benchmark for tourism management; Contact me if you need help defining or structuring a project, whether you are a registered company or an R&D company.