Regional Promotion Society of the Principality of Asturias

Overview

The Regional Promotion Society of the Principality of Asturias (SRP) is a public-private partnership established in 1984 to promote economic development in the Asturias region of Spain. The majority of its shares are held by the Government of the Principality of Asturias. SRP operates in the venture capital market, focusing on driving the development of investment projects undertaken by Asturian companies, whether newly created or already established, as well as companies planning to set up in the region. It achieves this by providing various financial instruments, including equity participation and subordinated loans. SRP's investment strategy targets projects of particular interest to the region, innovative technology-based companies, and other types of innovative projects. The society seeks to support the creation, consolidation, and growth of a diversified, modern, and competitive business fabric in Asturias. By offering financial support and expertise, SRP aims to enhance the competitiveness and sustainability of local businesses, contributing to the overall economic development of the region. Through its investments, SRP has been instrumental in fostering the growth of numerous companies across various sectors, including technology, healthcare, manufacturing, renewable energy, agriculture, tourism, education, construction, transport, retail, financial services, media, telecommunications, real estate, and food and beverage. The society's commitment to supporting innovative and impactful projects has played a significant role in shaping the economic landscape of Asturias, making it a key player in the region's development initiatives.

Investment Focus

• Projects of particular interest for the region
• Projects undertaken by innovative, technology-based companies
• Other types of innovative projects

Portfolio Companies