News

Andorra was the second highest European country in growth in 2022

2023-09-18T13:56:28+01:0012/09/2023|

Tuesday, September 12th 2023 The president of the Chamber of Commerce, Industry and Services (CCIS), Josep Maria Mas, presented, on Tuesday September 12th, the results of the 2022 Economic Report at an event which included the attendance of the Head of Government, Xavier Espot. The document reviews the most notable economic events of 2022, both abroad and in Andorra, with a specific section for each of the main sectors of the economy, and provides a vision of perspectives for 2023. The Andorran economy consolidated its recovery over the course of 2022, with a growth in the true GDP, of 8,8%, [...]

Changes in foreign investment authorizations in real estate

2023-09-18T13:52:12+01:0005/09/2023|

Tuesday, September 5th 2023 Today in an extraordinary session, The Council of Ministers approved a proposal by the Minister for Presidency, Economy, Labor and Housing, Conxita Marsol, a transitory suspension of authorizations for foreign investment in real estate. The measure will be immediately undertaken with aim of it being debated and voted on in Parliament next Thursday, September 7th. In the face of a strong increase in foreign investment in real estate in Andorra and in order to guarantee sustainable growth, the Government, while complying with one of the political campaign´s main promises, also plans to revert directly to [...]

Three new entities join the Network of Inclusive Companies

2023-07-25T09:08:16+01:0011/07/2023|

Companies Idean, Andorra 2000 and Hyper Riu Runer (Epizen) joined on Tuesday the network of Inclusive Companies by signing an agreement with the Minister for Presidency, Economy, Labor and Housing, Conxita Marsol. The project for the network of Inclusive Companies, created within the strategy framework for an inclusive work place for the disabled launched by the Government in 2016, has the goal of facilitating insertion into the workforce for people with disabilities and to guarantee effective equal opportunities. In this sense, Marsol pointed out that the signing of today´s agreements signifies the incorporation of a person in each of the [...]

A business delegation organized by Andorra Business participates in DreamHack 2023

2023-07-12T10:48:23+01:0006/07/2023|

A business delegation organized by Andorra Business is taking part from Friday, July 6th, in DreamHack Valencia 2023, Spain´s most important electronic sports festival, with practically all tickets sold out and an estimated attendance of 65000 people, according to data provided by the organization. Andorran participation falls within the framework of the recently signed agreement between Andorra Business and Encom, the organizer of the event. The director of the Andorran entity, Judit Hidalgo, highlighted that "it allows the country´s business men and women from the sector to participate in different work sessions with both Spanish and International colleagues focusing strategy [...]

Andorra Business allocates 180.000 Euros to subventions for the country´s small and medium size companies

2023-06-12T09:22:59+01:0031/05/2023|

Andorra Business published on Wednesday, May 31st, the sixth edition of the subventions program for Andorran small and medium size businesses. This year, the entity will once again allocate an amount of 180.000 Euros and the maximum sum provided will be 80% of the cost of services hired arriving to a limit of 6.000 Euros per beneficiary. The director of Andorra Business, Judit Hidalgo, called on projects to be presented for the 2023 subventions: “They are mainly addressed to Andorran companies in need of a push to improve their International positioning and face new challenges. Year after year we receive many [...]

The Andorra Sports Innovation Hub and ICONIC garner the attention of the GSIC Summit 2023

2023-05-30T10:04:48+01:0026/05/2023|

Andorra participated in the GSIC Summit 2023, an event organized by the Global Sports Innovation Center by Microsoft that gathered in the Wizink Center in Madrid some of the leaders and international experts in the industries of sports and technology from 31 countries. Representing Andorra were the directors of Andorra Business and Andorra Research and Innovation, Judit Hidalgo and Vanesa Arroyo, who presented the Andorra Sports Innovation Hub which encompasses the work lines, programs and projects related to the sector. In addition, Aleix Prat, from ICONIC, presented the future high-performance center for sports professionals that is under construction at the Port [...]

Over 250.000 people followed the Esports City Fest Andorra competitions, consolidating the country as one of the sector´s references

2023-05-23T14:50:17+01:0021/05/2023|

The Esports City League, the most important circuit of amateur electronic sports competitions linked to DreamHack Spain, was held this weekend at the Poliesportiu of Andorra, the first event to have professional participation organized in the country and succeeded in positioning the Principality as a reference in the hosting of these competitions, by scheduling in a single weekend an International tournament and a further nine competitions. In this first edition, fans of electronic sports were able to enjoy the finals of the Esports City League Andorra or Cibertitans, as well as videogame competitions in Clash Royale, Rocket League or Formula [...]

Over 200 people, among which suppliers and potential clients, meet at the first Digital Services Fair

2023-05-22T09:43:23+01:0016/05/2023|

Over 200 people, among which service suppliers and interested public, attended on Tuesday the first Digital Services Fair organized by Andorra Digital, in collaboration with Andorra Business and the Chamber of Commerce, Industry and Services, held at the Congress Centre in Andorra la Vella. The event´s goal, stated by the director of Andorra`s Digital Transformation Program, David Vicente, was to “generate a meeting space to raise awareness and facilitate interaction among companies who offer digital services and their potential clients”. During the inaugural speech, Vicente also highlighted the alignment of the Fair with the Company Digitalization Program launched a few months [...]

Approval of the regulation to develop the Law on Digital Economy, Entrepreneurship and Innovation

2023-05-22T09:50:54+01:0012/05/2023|

The Council of Ministers, by proposal of the acting Minister for Presidency, Economy and Enterprise, Jordi Gallardo, approved the Development Regulation for controlled test environment or sandbox; the Regulation for digital nomads, visas for entrepreneurs and the promotion of digital economy and the Regulation to create a register for mercantile startup businesses.. The three texts make up the Law for digital economy, entrepreneurship and innovation.As explained by Jordi Gallardo, the deployment of guidelines for the Law allows for the regulation and promotion to create new business models linked to digital economy, promote entrepreneurship, make the competitive advantages of the Andorran economy [...]

A sensor for sportsmen, a vehicle for the disabled and a sensor company win the Andorra Scale-Up

2023-05-22T09:55:28+01:0026/04/2023|

Andorra Business and Andorra Research+Innovation have the great pleasure of announcing the winners of the first Edition of the Andorra Sports Scale-Up program, developed in collaboration with the Global Sport Innovation Center (GSIC) and with the support of SPSG Consulting (SPSG). After having received over 40 applications forma round the world, the board of experts selected three promising companies of sports technology. The winning startups are Qlac, Bobsla and Etelätär Innovation. Qlac is a Polish company who have created a sensor with which the training of sportsmen and women, regardless of their level, is easily measured with previously unseen precision, [...]

The third Edition of the Andorra Business Market presents projects by 28 emerging companies and gathers 35 investors with a total financing capacity of over 200 million Euros

2023-03-20T15:32:28+01:0016/03/2023|

Over 190 people participated in the first day of the Andorra Business Market, a participative, dynamic and open forum where both national and international companies, investors and entrepreneurs can interact. In this third edition, once again organized by Andorra Business and the Business Market Network, over 35 national and international investors are taking part, projects are being presented by 28 emerging companies and the attending investors collectively add up to a total financing capacity of over 200 million euros. The program began with a presentation made by the Minister for Presidency, Economy and Enterprise, and president of Andorra Business, Jordi [...]

Andorra Business will welcome the first electronic sports event to be hosted in the country on the 20th and 21st of May

2023-03-28T11:09:26+01:0015/03/2023|

The Minister for Presidency, Economy and Enterprise in functions, and president of Andorra Business, Jordi Gallardo, and the CEO ofEncom, company which manages the DreamHack brand in Spain, Arturo Castelló announced at a press conference on Wednesday that Andorra will become an official host of theEsports City League, the largest amateur electronic sports competition in Spain, which is now beginning its third season. This agreement includes the Principality´s hosting of the Esports City Fest, an International event open to the public and that will take place in the Andorra sports center on May 20th and 21st. Registration for the Esports [...]

The United States Consulate in Barcelona and Andorra Business are once again offering 15 grants for Andorran entrepreneurs

2023-03-27T11:51:49+01:0013/03/2023|

The U.S. General Consulate in Barcelona and Andorra Business presented the second edition of the free training program for women entrepreneurs offered by the US government “Academy for Women Entrepreneurs” (AWE), which will take place in Andorra between May and October. 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, who have created an emerging company in the last 4 years or who have an advanced idea and are about to put it into practice. All the participants will be a part of the [...]

Andorra Business and 8 emerging Andorran companies show the country´s potential at the 4YFN of the Mobile World Congress

2023-03-15T20:03:49+01:0027/02/2023|

For the third consecutive year Andorra Business is participating in 4YFN, the event for emerging companies which is integrated within the Mobile World Congress, and that takes place in Barcelona since 2014. And is doing so, once again, accompanied by 8 Andorran startups, in this edition: Agile Compass, Zeno Quantum, Airnex, Motor Match RC, Ship-Quik, Automòbil Club d'Andorra, Litlab Games and Alpine Security, who are showing their projects at the entity´s stand and taking the opportunity to make new business contacts. For the director of Andorra Business, Judit Hidalgo, "we are returning to 4YFN not only to promote the investment [...]

A quota of 100 residency authorizations approved for digital nomads and participants in the program for entrepreneurs

2023-01-16T09:56:25+01:0012/01/2023|

The Government approved on Wednesday, a proposal made by the Minister for Justice and Interior, Josep Maria Rossell, the Regulation for general quotas of residency for digital nomads and residency authorizations for participants in the program for entrepreneurs promoted by the ministry of economy, known as entrepreneur visas. Therefore, a global contingent of 100 places was approved distributed in the following way: 50 places for digital nomads (foreign persons who do not require a specific geographical location in order to carry out their work and who use telecommunications and technology) and 50 places for entrepreneur visas. These two new models [...]

End of the seventh edition of the Tandem project

2023-01-03T14:37:22+01:0015/12/2022|

The seventh edition of the Tandem project, promoted by Andorra Business and the Education ad Higher learning Ministry of the Andorran Government, ended on Tuesday December 20th, with the grand final held at the Center for Professional Formation´s auditorium in Aixovall. This year´s edition welcomed the highest participation so far. 93 students and 18 teachers from the center in Aixovall took part, along with five companies and, for the first time, it included students and teachers from the socio-communitarian and health branches. The program´s aim is to implicate the Professional Formation of Andorra educational community in innovative projects developed by [...]

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