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The thrust of this business meeting, organized in collaboration with Asesoría Industrial Zabala, is to provide information on the grants available from Central Government and Madrid Regional Assembly.

Madrid, June 12, 2008. INTERES Invest in Spain, INTERES Invest in Spain, the State Department for the Promotion and Attraction of Foreign Investment, part of the Ministry of Industry, Tourism and Trade, held in Madrid today the “Practical Briefing Session on R&D&I Projects”, attended by a host of companies established in Spain, and specifically in the Madrid Region, interested in benefiting from the innovation grants offered by government bodies.

Led by the international consultancy firm Asesoría Industrial Zabala, the briefing session sought to inform investors about the range of grants available to promote investment in facilities, equipment, human resources and technology. Asesoría Industrial Zabala is an international consultancy firm that has specialized since 1986 in R&D&I, positioning itself as market leader in Innovation projects in Spain.

Marian Scheifler, Chief Operations Manager at INTERES Invest in Spain, opened the sessions. José Mª Zabala, CEO of Asesoría Industrial Zabala, Ramiro Martínez, Deputy Director of Industrial Zabala, Federico Manrique, Director of Innovation at the Department of Economic and Consumer Affairs, Julia Prieto, Director of the Department of SME programs at IMADE, Carlos Ramos, Director of Institutional Relations at AvalMadrid. The sessions were closed by Genaro González Palacios, CEO of PromoMadrid.

All the speakers emphasized the fact that major foreign companies that invest in the Spanish market have very specific needs, and that thanks to the sessions held today these companies are better informed about the Innovation grants available from national and regional bodies.

It is worth noting that the Spanish government funds dedicated to promoting R&D are very generous, outpacing the European average, following Finland, France and Sweden.

Promomadrid
PromoMadrid, Desarrollo Internacional de Madrid S.A. is the Government agency, attached to the Department of Economic and Consumer Affairs of the Madrid Regional Assembly, dedicated to promoting the internationalization of the economy in the Madrid Region. Its mission is to support export companies and attract foreign investment. For this purpose, it has a team of experts specializing in strategic consulting in markets, attracting foreign investment and foreign trade. PromoMadrid also runs various support programs for Madrid-based companies.

INTERES Invest in Spain
INTERES Invest in Spain, INTERES Invest in Spain, is the Government agency dedicated to promoting and attracting foreign investment, part of the State Department for Tourism and Trade of the Ministry of Industry, Tourism and Trade. Its mission is to promote, attract and maintain foreign investment in Spain, serving as the reference point for foreign investors and the point of contact for all state, regional and local institutions engaged in promoting and attracting investment.

It focuses on implementing pro-active promotion policy, targeting sectors where Spain holds competitive advantages in the medium and long term. INTERES Invest in Spain also aims to strike strategic alliances with all Institutions that attract and promote Foreign Investment (FDI), with a view to leveraging initiatives and setting up a network to enhance their impact.

For more information: www.interes.org

INTERES Invest in Spain Press Office
INTERES Marketing and Communications Director
Tel: 91 788 32 00 /616 99 02 86 Ana García Camarillo
monica.vicente@ketchum.com Tel: 91 503 58 00
silvia.allende@ketchum.com agarcia@interes.org

Promomadrid
Tel: 91 580 24 08
elena.delgado.castro@madrid.org

Asesoría Industrial Zabala.
Diego Macaya
Tel. 948 198000.
dmacaya@aizabala.com

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