Business Factory Auto

Overview

Business Factory Auto (BFA) is a specialized accelerator dedicated to fostering innovation in the automotive and mobility sectors in Galicia, Spain. The program offers a collaborative environment where entrepreneurs receive financial support, training, and access to a unique ecosystem of industry experts and companies. BFA's mission is to transform ideas into real solutions, contributing to the sector's evolution and competitiveness. The accelerator operates in two phases: 'Acceleration' and 'Consolidation.' The 'Acceleration' phase, lasting nine months, focuses on early-stage projects needing product validation and business model testing. The 'Consolidation' phase, spanning twelve months, supports companies aiming to establish a solid market presence and generate recurring sales. This structured approach ensures tailored support for projects at different development stages. BFA's impact is evident in its track record, having supported numerous startups that have successfully integrated into the automotive value chain. By connecting entrepreneurs with established companies, providing mentorship, and facilitating pilot projects, BFA plays a pivotal role in driving the digitalization and transformation of the Galician automotive industry. The program's success underscores its importance in attracting and retaining talent, thereby strengthening the sector's position and international projection.

Investment Focus

• Innovative projects in the automotive and mobility sectors
• Entrepreneurs, established companies, or knowledge centers with growth potential
• Solutions enhancing sector competitiveness and sustainability