The Valencian Institute For Business Competitiveness (Ivace)

The Valencian Institute for Business Competitiveness (IVACE) is a public law body created by the Valencian Regional Government, and is part of the Valencian Regional Ministry of the Sustainable Economy, Productive Sectors, Commerce, and Employment. The Institute’s objectives include the following: • Management of the Valencian Regional Government’s industrial policy. • Support for businesses in innovation, entrepreneurship, financing, internationalisation, and attracting investment. • The promotion of technological enclaves, the industrial safety of products and industrial facilities, metrology, energy savings for vehicles and companies, energy efficiency, and renewable energy sources, as well as managing the Valencian Regional Government’s energy policy. Therefore, IVACE caters for all the areas of business competitiveness, innovation, internationalisation, attracting investments, industrial land, and energy efficiency