The Portuguese firm becomes a strategic ally in financing solutions for the projects of the incubator specialized in Blue Economy
One of the differentiating elements of the Incubazul model is precisely that of transferring theoretical advice, facilitating investment and making the viability of the company possible.
The event took place at the Conference Center within the framework of the Blue Zone Forum-Innovazul 2024 and which celebrated its closing day today
The delegate of the Cádiz Free Trade Zone, Fran González, and the head of the Portuguese financial group Faber have signed today at the Cádiz Congress Palace, within the framework of the Blue Zone Forum-Innovazul 2024, a general collaboration protocol between the incubator technology specialized in the Blue Economy developed by the Consortium, Incubazul, and this firm specialized in the provision of tailored alternative financial products and services, designed specifically for companies and investors.
With this agreement, Faber will be a strategic ally of the Cádiz Free Trade Zone in financing solutions for its incubated projects, being a catalyst to promote the growth of startups in their transition from business ideas to companies. The fact of promoting financing options for initiatives and projects highlights one of the differentiating elements of Incubazul, which accompanies entrepreneurs throughout their journey, from the conception of the idea to the formation of the product or service and its viability. , being an added value that really makes the difference with other more theoretical incubation models.
Faber is a Portuguese investment group that is doing great work around startups linked to technology and innovation in the areas of digital transformation, ocean sustainability and climate action. In fact, the Portuguese venture capital firm announced less than a month ago the launch of its new fund, Faber Tech III, aimed at innovative startups in pre-seed and seed stages in applied science and digital transformation. With a regional focus focused on Spain, Portugal and southern Europe, Faber is committed to driving innovation across all sectors, investing selectively in the rest of Europe and, occasionally, in projects outside the continent. Faber's initial investments through the new fund include companies from Spain, Portugal and the Netherlands developing cutting-edge technologies.
In the area of the Blue Economy, Faber has a series of investments through its fund dedicated to advanced technologies for the oceans, including startups such as Poseidona, Titanium Technology, Seamoretech or Bzeos in Iberia.
The delegate of the Cádiz Free Trade Zone, Fran González, thanked the head of Faber for “his support to Cádiz, which is on the path to becoming the great hub of the Blue Economy, through this alliance that shows that investors are “Increasingly aware of innovation and sustainability, in addition to profitability, and investing in projects that benefit the environment, such as those that are part of the ecosystem of our incubator.”
Carlos Esteban, partner at Faber, has highlighted “the strategic location of Cádiz and its great potential for the development of blue economy startups thanks to the support of initiatives such as Incubazul. “We are very happy to be able to collaborate.”
“This agreement encourages us to continue working and, above all, supports the great effort made in recent years to promote entrepreneurship in the circular economy, paving one of the most complex paths that entrepreneurs face and which is none other than access to financing,” said Fran González.
