A budget allocation of €3.9 million has been approved to introduce a new grant program aimed at supporting large-scale industrial investment projects in the Balearic Islands throughout 2026. This initiative is designed to promote the modernisation of the productive sector, with a strong focus on digital transformation and the enhancement of industrial processes.

The grants are targeted at micro, small, and medium-sized industrial enterprises undertaking investment projects with a minimum value of €100,000. This threshold ensures that supported initiatives generate a meaningful impact on the structural development of the regional industrial sector.

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3.9 million euros approved to launch grants for major industrial investment projects

The program supports the acquisition of both tangible and intangible assets directly linked to industrial activity, encouraging the adoption of advanced technologies, improved management systems, and more efficient production processes. These measures aim to strengthen business competitiveness and facilitate adaptation to evolving market and technological demands.

Furthermore, the initiative seeks to reinforce the strategic role of industry within the Balearic economic framework, enhancing innovation capacity while maintaining strong local roots. It also addresses the need to prevent the relocation of key industrial facilities, ensuring the continuity of productive activity within the region.

Through this measure, a more modern, resilient, and competitive industrial model is promoted, contributing to economic growth and social development across the Balearic Islands.