Export subsidies – IVACE

Characteristics of IVACE Export Subsidies
The Instituto Valenciano de Competitividad Empresarial (IVACE) is a state body dependent on the Generalitat Valenciana whose main objective is to promote the economic development and competitiveness of companies in the Valencian Community. In this context, one of IVACE’s most important areas of action is export subsidies, designed to promote the internationalisation of companies and facilitate their access to international markets.
IVACE export subsidies are aimed at offering financial support and advice to companies wishing to expand their business activities outside Spain. The aim of this subsidy is to improve the competitiveness of Valencian companies in the global market and to help them overcome the barriers to accessing international markets.

1. Promoting Internationalisation through Export Grants
Export subsidies play a fundamental role in IVACE’s internationalisation strategy. This aid is aimed at strengthening the capacity of companies to compete outside Spain, so that companies in the Valencian Community can diversify their network of markets and reduce dependence on national markets. Through export aid, IVACE seeks to enable Valencian companies to become relevant players in global trade.
2. Type of export subsidies
IVACE offers different types of export aid to cover various needs of companies in their internationalisation process. Some of the main types of aid include
- Direct subsidies: These grants consist of non-refundable economic contributions, which companies can use for export activities such as international market studies, foreign marketing campaigns or participation in international events.
- Aid for participation in trade trade shows and trade missions: These are intended to finance the presence of companies in international trade fairs or trade missions, which allow them to connect with new customers and distributors in global markets.
- Export consultancy and innovation: The IVACE also offers grants to finance specialised consultancies that help companies to design internationalisation strategies, study new markets or adapt their products to international demands.
3. Strategic Objectives of the Export Grants
IVACE export subsidies are aligned with the objectives of the Valencian Community in terms of economic development, sustainability and innovation. Among the main objectives of these aids are:
- Improving international competitiveness: Through export grant, the aim is for Valencian companies to increase their competitiveness in international markets and to position themselves favourably in the global context.
- Diversification of markets: Export subsidy is designed to encourage the search for new markets, which helps companies to reduce risks and expand their business globally.
- Encouraging innovation and digitisation: Export grant also supports companies in their digitisation and innovation process, two essential factors in adapting to the new demands of the international market.

4. Requirements and Conditions for Export Grants
In order to benefit from IVACE export subsidies, companies have to comply with a series of requirements established in each call for applications. Some of the most common requirements include:
- Being a company from the Valencian Community: Export subsidies are exclusively aimed at companies based in this autonomous community.
- To be up to date with fiscal and tax obligations: Companies must comply with their tax and Social Security contribution obligations in order to be eligible for export aid.
- Earmarking aid for internationalisation projects: Export subsidies must be used for activities that contribute to the company’s export or internationalisation process.
It is important that companies consult the specific rules of each call for applications to find out all the requirements and detailed conditions.
5. Scope of Application of Export subsidies
IVACE export grants cover a wide range of activities related to the internationalisation of companies. Some of the most important areas include:
- Market research: Companies can apply for export grant to carry out market research to help them identify business opportunities in international markets.
- Participation in international trade shows and events: Export assistance can finance participation in international trade trade shows, where companies can present their products and services to a global audience.
- International promotion campaigns: Companies can use export subsidies to finance marketing and advertising campaigns aimed at foreign markets, using digital marketing tools or creating promotional materials.
- Training and advice: IVACE offers export grants to finance training activities, as well as specialised advice that allows companies to improve their export strategy.
6. Benefits of Export grant
IVACE export subsidies offer multiple benefits to companies in the Valencian Community:
- Cost reduction: Export grant helps to reduce the cost of internationalisation activities, making expansion into international markets more accessible.
- Access to specialised knowledge: Companies can access specialised advice and training through export subsidies, which allows them to improve their export strategies and processes.
- Increased international visibility: Participating in international events, financed with export aid, allows companies to increase their visibility in global markets and access new business opportunities.
7. Export grant Application Process
The application process for export subsidies is usually as follows:
- Call for applications: IVACE publishes annual calls for applications for export grant. These calls detail the requirements, deadlines and types of eligible projects.
- Submission of applications: Companies must submit their application through the IVACE electronic headquarters, accompanied by the necessary documentation that justifies the export project.
- Evaluation and resolution: After receiving the applications, the IVACE evaluates the projects and decides which companies will benefit from the export subsidies.
IVACE export aid is a crucial tool to support the internationalisation of companies in the Valencian Community. Through these grants, companies can improve their global competitiveness, access new markets and diversify their commercial network. Export subsidies offer an invaluable opportunity for companies seeking to expand their international presence and adapt to an increasingly competitive global market.
If you would like us to accompany you in your international expansion, please do not hesitate to contact us.