Deindustrialisation in the Asturias region in Spain in the 1980s resulted in a steep rise in unemployment and a stagnation of the region’s economic activities. Factories and wider infrastructure were left unused. Valnalón is an agency of the regional government of Asturias that offers on business start-up support and entrepreneurship education as a way of tackling the negative impacts of deindustrialisation in the region. Valnalón transforms unused industrial spaces into locations for budding entrepreneurs, giving new businesses access to much-needed physical space as well as space for networking and collaborating with other entrepreneurs.Valnalón created the first publicly-funded Business Centre in the Asturias region, which now offers a project incubator programme. It also encourages entrepreneurship among young people by working with schools, decision-makers, practitioners and other social agents to design and deliver innovative entrepreneurial education. Since 1992, nearly 5 000 people have benefitted from Valnalón’s business start-up support, resulting in the creation of 780 businesses and over 1 000 jobs. Moreover, since the start of Valnalón’s educational projects in 1994, around 600 000 people have participated in its activities. Valnalón has played a key role in the transformation of the region through business creation and the promotion of an entrepreneurial culture among its citizens.
Case study details
- Lead organisation
- Šalys
- Spain
- Regions
- Principado de Asturias
- Temos
- Access to quality employmentTackling long term unemploymentAdaptation of workers and enterprises to changeUpskilling and reskillingActive inclusion and employability
- Level of action
- International
- Source of funding
- Public - EUPublic - national
- Budget
- EUR 381,000 (2014-20)
Latest data from Valnalón:
From Government Principado de Asturias (period 2014-20):
- Entrepreneurship Education: 2.160.000 EUR
- Entrepreneurship Promotion: 298.189,11 EUR - Programming period
- 2014-2020
- Type of initiative
- Empowering people
- Dalyviai
- 600,000
- Internet and social
- EU fund
- ERDF