The Basque Government has increased the budget of the Renove Smart Industry program to €13 million. This strategic initiative is aimed at promoting technological modernization, automation, and advanced digitalization in SMEs within the machine-tool sector, in which the Basque Country is a European benchmark.
This measure follows the Industry Defense Group meeting convened by Lehendakari Pradales, through which the Department of Industry seeks to diversify and transform Basque SMEs during a challenging period for the global economy, implementing concrete measures to support them.
In addition to the record budget for 2026, €87 million in additional funding will now be allocated to the transformation and diversification of SMEs. In total, the Basque Government will dedicate €277 million in support for SMEs, representing a 51.4% increase compared to the 2025 budget.
This year, the program has a final budget of €13 million and aims to support the purchase of new machinery and advanced equipment, both hardware and software, enabling companies to evolve toward smarter, more connected, and efficient production environments. The program facilitates the development of Industry 4.0 projects in the field of Advanced Manufacturing.
186 upgrades in 2025 with investments totaling €49.8 million
Renove Smart Industry has a long track record and a highly positive record, proving its effectiveness as an industrial policy tool.
In 2025, the program supported 186 new machinery and equipment acquisitions for 185 companies, providing €8 million in public aid, which mobilized €49.8 million in private investment.
In 2024, the initiative enabled the acquisition of 180 new machines, thanks to €8 million in public investment managed by SPRI, generating an additional €55.7 million in private investment.
Since its launch in 2014 and through 2025, Renove Smart Industry has helped mobilize €805 million in private investment, alongside €91 million in public funds, enabling the introduction of 2,180 new machines and advanced equipment in Basque companies.
Part of the Euskadi 2030 Industry Plan
This call is fully aligned with the “More Industry” pillar of the Euskadi 2030 Industry Plan, which prioritizes strengthening the industrial fabric to ensure competitiveness, productive autonomy, and resilience in the Basque Country.
Renove Smart Industry serves as a key tool to enhance the competitiveness of the Basque industrial sector, supporting investments that improve productivity, process quality, production flexibility, and the ability to adapt to an increasingly demanding and globalized market.
The grants are awarded as non-repayable subsidies aimed at promoting real and transformative investments, with a minimum investment per project of €50,000, ensuring the technological and economic impact of the subsidized initiatives.
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