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Major 1.3 million euro boost for “blue biotechnology” park 

Gran Canaria has obtained 1.3 million euros from the Incyde Foundation to create a High Technology Incubator in Arinaga.

The creation of this in-cubator is one of the activities proposed by the Cabildo through the Economic Pro-motion Society within the Bioasis Gran Canaria initiative, the Blue Biotechnology and Aquaculture Platform, in a bid to create a network of high technology incubators in different autonomous commu-nities.

“The Arinaga Incubator is a meeting point between technological innovation and the needs of the blue biotech-nology and aquaculture sector. Its main objective is to promote the transfer of technology from research groups to companies in the sector and facilitate the implementation of tools to improve production processes and the creation of value-added products,” said a Cabildo spokesman.

To this end, it will com-plement the scientific infra-structures of the research centres of the Technological Institute of the Canary Islands (ITC), Ecoaqua and the Spanish Algae Bank (BEA) and will house an exclusive space for business initiatives to promote collaboration be-tween the different depart-ments of the centres, uni-versities and companies.

In this sense, this new infrastructure, “will be key to boost the entrepreneurial and micro-SME initiatives of the sector”, so that once conso-lidated they have the ability to access other advantages offered by the Bioasis Gran Canaria Platform,” said the spokesman.

The Incubator will be complemented with other activities within the Bioasis initiative, such as the im-provement and consolidation of existing R & D centres on the island, the implementation of financing instruments for companies in the sector, specialised training progra-mmes, contracting of research personnel, and the creat