Andorra Business

Andorra Business is Andorra’s economic promotion and development agency. Promoting key sectors for the diversification of the economy, attracting and accompanying foreign and local investment, supporting Andorran companies to be more competitive, and facilitating the landing of new companies in the country, are some of our priorities. In short, Andorra Business is a key player in the enhancement of competitivity, innovation and sustainability of the Andorran economy.

The Government authorizes a total of 738 foreign investment companies in the course of 2021

2022-09-26T09:32:02+01:0019/09/2022|

The Government has informed that over the course of 2021 a total of 738 applications from companies for foreign investment were authorized in Andorra. A number which represents an increase of 128% when compared to the 324 foreign investment companies authorized in 2020 and an increase of around 138% compared to the 310 in 2019. The task of the Department for Juridical and Economic Registries of the Ministry for Presidency, Economy and Enterprise allows for the carrying out of the analysis of the total volume of foreign investment, as well as subsequent following up. A fact which is reaffirmed in [...]

You can now register for the Andorra Business 2022 company subventions

2022-11-29T11:15:43+01:0013/06/2022|

Andorra Business assigns 190.000 euros for the 2022 subventions for small and medium sized businesses, as presented on Monday June 13th by the Minister for Presidency, Economy and Enterprise, and president of Andorra Business, Jordi Gallardo, alongside the entity´s director, Judit Hidalgo. The maximum amount to be awarded is of 6000 Euros per beneficiary. Gallardo explained that “the program´s aim is to give support to Andorran companies in their transformation towards added value, innovative and competitive companies, well positioned to face the challenges and take advantage of the opportunities offered by international markets. This year´s subventions are mainly focused on [...]

A cervical airbag for cyclists created by EVIX wins the second edition of the Andorra Sports Startup Challenge

2022-11-16T17:03:40+01:0001/06/2022|

The jury of the Andorra Sports Startups Challenge has named a project for cervical airbags integrated into helmets, devised by Evix, as the winner of the second edition of the competition for startups promoted by Andorra Business, Andorra Research+Innovation and the Global Sports Innovation Center powered by Microsoft (GSIC). On this occasion, over 50 inscriptions from 19 different countries took part, and proposals of an extremely high level were presented with the aim of identifying the most promising technological solutions that can help in improving user experience and loyalty so as to deseasonalize Andorra´s sports and tourism offer. The jury [...]

The Andorra Multisport Festival consolidates itself in the Principality with a higher impact and international presence

2022-06-07T13:29:21+01:0030/05/2022|

Andorra is gearing up to host the second edition of the Andorra Multisport Festival, organized by The IRONMAN Group, kicking off on June 23rd and running to the 3rd of July. A resistance sport and adventure event that holds the full support of the Andorran Government and is sponsored by Andbank and SeafrontCapital. For the 2022 edition, the participation of over 3000 sports enthusiasts is expected (70% newcomers compared to last year´s edition) from 30 different countries, along with 6000 of the racers´ companions. All things considered it will generate an economic impact of over 6 million euros for Andorra. [...]

The second Edition of the Andorra Business Market presents projects from 27 start-ups and gathers 25 investors with financing capacity of over 100 million Euros

2022-11-16T17:03:54+01:0026/05/2022|

Over 200 people took part in the opening day of the Andorra Business Market, a participative, dynamic and open forum where companies, investors and entrepreneurs interact. In this second edition, once again organized by Andorra Business and the Business Market Network, with over 25 national and international investors are taking part, 27 start-up projects are being presented and the investors present gather an overall financing capacity of over 100 million Euros. The program began with a presentation given by the Minister for Presidency, Economy and Enterprise, and president of Andorra Business, Jordi Gallardo, centered around the opportunities offered by Andorra [...]

ACCIÓ and Andorra Business sign an agreement to enhance business growth in both territories

2022-06-09T12:02:14+01:0020/05/2022|

The Generalitat de Catalunya and Andorra Business, on Monday, for the first time ever signed an agreement to enhance company competitivity in both territories. The collaboration agreement was signed by the Enterprise and Labor Councilor, Roger Torrent, the Minister for Presidency, Economy and Enterprise of Andorra, and president of Andorra Business, Jordi Gallardo. The agreement contemplates various plans of action to take advantage of synergies between ACCIÓ -the agency for business competitivity of the Department of Enterprise and Labor - and Andorra Business, the economic promotion agency from the Principality. Therefore, both administrations have established a collaborative framework to foster [...]

Presentation of the amendment project to the foreign investment law and the multiplier program

2022-05-16T10:17:14+01:0013/05/2022|

The president of Andorra Business the Minister for Presidency, Economy and Enterprise for the Government of Andorra, Jordi Gallardo, along with the director of Andorra Business, Judit Hidalgo, on Friday May 13th at the Congress Centre in Andorra la Vella, presented the key points of the amendment project to the foreign investment law and the new multipliers program, with which they are proposing joint lines of action with some of the country´s key actors in order to attract further foreign investment to Andorra. Over 150 people were present at the event, getting to know firsthand the novelties the executive wants [...]

Representatives from technological firms, investment funds and airline companies in the United Kingdom meet with Andorra Business

2022-05-13T14:08:22+01:0010/05/2022|

The Minister for Presidency, Economy and Enterprise, and president of Andorra Business, Jordi Gallardo, and the director of Andorra Business, Judit Hidalgo, held meetings on Tuesday in London with representatives from technological firms, large corporations, investment finds and airline companies, among others, with the aim of informing on investment opportunities in Andorra. Gallardo highlighted that “the aim of these meetings is to further increase economic exchange with the United Kingdom as we have detected that we can be strategically interesting. Last year´s results attest to this. Formalized foreign investment coming from this country was over 8 million euros, which translates [...]

The Growth program for business development by Andorra Business launches its third edition

2024-07-23T13:08:53+01:0005/05/2022|

Andorra Business announced on Friday the start of the third edition of the Growth program for business development. Up to 15 companies from Andorra will be able to benefit from this initiative which includes over 70 hours of specialized formation given by professionals from the business world, a tailormade growth program with 40 hours of individual mentoring in work areas such as digital and traditional marketing, commercialization and International sales, finance, strategy, organization and leadership. It also offers over 21 hours of group formation in the same specialties and 4 hours of special sessions. The director of Andorra Business, Judit Hidalgo, [...]

Andorra Business wins the Jean Baptiste Say award in the international category of business excellence

2022-05-06T14:07:42+01:0027/04/2022|

Andorra Business won the 2022 Jean Baptiste Say award in the international category of business excellence. The award ceremony took place on Thursday April 28th in Sevilla and the prize was collected by the Minister for Presidency, Economy and Enterprise, and president of Andorra Business, Jordi Gallardo, and the director of Andorra Business, Judit Hidalgo. The Jean Baptiste Say Awards recognize excellence, business innovation and leadership with the aim of placing value on companies and entities as drivers of the economy as well as business schools, investment funds, accelerators and personalities within the executive field actively work from the private [...]

The U.S. Consulate in Barcelona and Andorra Business announce 15 grants for women entrepreneurs in Andorra

2022-05-06T14:00:30+01:0030/03/2022|

The Consulate General of the USA in Barcelona in collaboration with Andorra Business announced the first edition of the free formation program for women entrepreneurs by the American government “Academy for Women Entrepreneurs” (AWE), which will take place between May and October in Andorra. The program will be developed in collaboration with the Andorran Women´s Association. The call is open to women entrepreneurs of any nationality, residing in Andorra, that have created a startup in the last 4 years or that have a well-developed idea and are about to launch. All the participants will be a part of the vast [...]

The conclusions regarding the Drive INML cross-border project point out that support services for companies need to be increased

2022-05-09T16:27:17+01:0028/03/2022|

The results of the European project DRIVE INML, 65% co-financed by the European Fund for Regional Development (FEDER) through the Interreg V-A Espanya-França-Andorra Program (POCTEFA 2014-2020) were published on Tuesday march 29th at the Bic Crescendo headquarters in Tarbes (France). According to the study carried out by the participating companies in the pilot project, the support services were satisfactory and of great usefulness and that work must continue to be done in this direction. The report also highlights that these new services have allowed the building of new internal procedures in each region to elaborate support services for companies. These [...]

The launching of Andorra Business, Andorra Research and Innovation, and Andorra Digital

2021-06-23T13:43:12+01:0008/06/2021|

The Minister for Presidency, Economy and Enterprise, Jordi Gallardo and the Minister of Education and Higher Studies, Ester Vilarrubla, presented on Tuesday June 8th the launching of three new brands: Andorra Business, Andorra Research and Innovation, and Andorra Digital. In this sense, Gallardo explained that “today we are presenting brands which are stronger internationally, in the same line as other countries, that are born with the aim of strengthening Andorra´s positioning in in three key pillars that are the country´s economic model and its business sector, knowledge and digitalization, and all under a resource optimization strategy, improvement of synergies and [...]

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