The Business Factory Aero, the business incubator and accelerator promoted by the Xunta de Galicia through the Galician Institute for Economic Promotion (Igape) and XesGalicia, has closed the project recruitment phase for its 7th edition with 14 international projects, three times more than in the previous edition.
With this figure, BFAero has achieved its goal of expanding its reach beyond the national sphere, strengthening its position as a European benchmark in aeronautical and aerospace entrepreneurship.
Origin of the Projects
International projects: Seven come from European Union countries (including Italy, Norway, Denmark, Lithuania, and Bulgaria), while the rest come from Argentina, Malaysia, Turkey, India, and Switzerland.
National projects: The call also sparked significant interest, with 78 Spanish proposals, 61% of which came from regions such as Catalonia (12), Madrid (11), Andalusia (9), the Basque Country (3), and the Canary Islands (2). Galician projects account for 39% of the total, with 30 applications.
Main Thematic Areas
The submitted initiatives fall into four thematic areas:
Development of unmanned vehicle applications for specific markets, such as emergency and civil protection services or industrial infrastructure inspection (56%).
Technologies applied to the satellite sector (20%).
Creation of platforms and their components, including structures, energy, propulsion, systems, navigation, and piloting (15%).
Projects involving onboard or ground-based equipment and systems (10%).
BFAero Itineraries
The program includes three tracks, tailored to each project’s maturity level:
Incubation phase (early stage): 40% of the projects registered.
Acceleration phase (projects with a developed Minimum Viable Product (MVP) and first sales): 45% of the projects.
Consolidation phase (for companies with defined products or services and actual sales, looking to scale): 15% of the entries.
Spain’s Best Accelerator
Recognized for the second consecutive year as the best accelerator in Spain by the national FUNCAS ranking, BFAero has become a strategic driver of business creation and acceleration within the Strategic Initiative in Security, Defense, and Aerospace 2025–2030, promoted by the Regional Ministry of Economy and Industry.
The program has had a strong economic and industrial impact in Galicia. Since its launch in 2018, it has supported 58 projects, created 15 new technology companies, facilitated the relocation of 13 firms to Galicia, and generated over 270 skilled jobs. Projects from the 5th and 6th editions have attracted more than €14 million in investment.