The Ministry of Enterprise, Self-Employed Workers and Energy has announced a new grant scheme aimed at boosting the modernisation and digital transformation of the industrial sector in the Balearic Islands for the year 2026. The programme has a total budget of €2.5 million.

The incentives are open to micro, small and medium-sized enterprises, self-employed professionals, technology centres, and research laboratories operating within the industrial sector and physically based in the Balearic Islands.

Applications may be submitted from 15 January at 00:00 until 15 February at 23:59. Full details of the call are published in the Official Gazette of the Balearic Islands (BOIB).

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Funding announced to modernise and digitalise the Balearic industrial sector in 2026

The grants are structured into three separate programmes. Programme I focuses on industrial design and innovation projects; Programme II supports investments in production processes, including the purchase and installation of machinery; and Programme III targets digitalisation initiatives.

Across all three programmes, funding will cover 50% of eligible costs, excluding VAT. The minimum required investment is €2,000 for Programme I, with a maximum grant of €10,000 per beneficiary, while Programmes II and III require a minimum investment of €5,000, with a maximum eligible amount of €20,000 per beneficiary.

The scheme seeks to strengthen the competitiveness of the Balearic industrial fabric by encouraging innovation, technological renewal and digital development.