The fifth edition of the BFA started

A new edition of the Business Factory Auto (BFA) initiative is already underway, which started its fifth promotion yesterday with an opening day, where the 20 new selected projects participated.

In this welcome session, which was held online, the participants made a brief presentation of their project in order to analyze possible synergies or possibilities for collaboration. In addition, they had the opportunity to learn more about the facilities that they can obtain from their time at the accelerator, such as a workspace, financial support, training and a unique ecosystem made up of tutors, mentors, partners and other agents related to the automotive sector.

The participating projects will end their stay in the accelerator in the coming months of August (acceleration) and December (consolidation).

The Business Factory Auto initiative is promoted by the Xunta de Galicia, the Vigo Free Zone Consortium, Groupe PSA and CEAGA, with the aim of identifying, accelerating and consolidating specialized automotive projects and transforming them into viable and scalable innovative companies that attract and retain talent.