Xtela project
About this good practice
The xtela project has a strategic nature and aims to achieve the quality and innovation's objectives in the science-technology business ecosystem in the region.
Resources needed
The project is financed by the General Direction of innovation.
SGPCTCAN receives the funds needed to finance all the expenses that must assume derived from the complete execution of the program.
It has no cost to the startups that may formalize contracts with the interested companies.
Evidence of success
Seventeen challenges posed by large companies have been successfully met. Startups have proposed numerous ideas, with companies selecting those aligning best with their needs. Startups then develop and implement these ideas, resulting in mutual benefits.
Potential for learning or transfer
Startups participating in Xtela have not only developed their ideas but also established working relationships with large companies, securing financial resources. Institutional support for startups enhances regional productivity while attracting innovative ideas to the area. `
The Xtela project serves as a model for fostering innovation ecosystems and facilitating collaboration between startups and established companies. The transferability of the Xtela project lies in its ability to serve as a blueprint for fostering innovation ecosystems, promoting collaboration, and supporting startup growth. By adapting and implementing similar initiatives, other regions can harness the potential of their local entrepreneurial ecosystems, driving economic development and fostering innovation-led growth.