The Spanish government has allocated 183.6 million euros, including aids and loans, corresponding to the so-called Strategic Project for the Recovery and Economic Transformation of the Agri-food Sector. This is one of the structural axes of the program to distribute NextGenerationEU funds in Spain.
This strategic project (PERTE, for its acronym in Spanish), endowed with 1.8 billion euros, is made up of axis 1, strengthening of the industrial sector; axis 2, digitalization; and axis 3, specific measures to support innovation and research.. It is expected to generate an impact on the Spanish economy of 3 billion euros and a net creation of 15,000-16,000 jobs.
Within its axis 1, which includes actions to support the agro-industry, the government has awarded 183.6 million euros to projects of 233 companies. Of this support, 163.5 million is in the form of subsidies and 20.1 million in the form of loans. According to the Minister of Industry, "to improve the competitiveness and sustainability of the agri-food industry, it is necessary to invest in research and innovation, both in new foods and processes, and in improving food safety".