The Business Factory Auto (BFA) accelerator, promoted by CEAGA, has become a fundamental lever for transforming the automotive industry, helping to generate talent and innovation in the region. Since its launch, 64 new companies have been created within the BFA, which have generated more than 550 jobs in Galicia (Spain). These are highly qualified and trained jobs to face the challenges of Industry 4.0, related to new technologies such as artificial intelligence, Big Data or the Internet of Things.

In terms of turnover, the BFA companies are expected to close 2022 with more than 90 million euros in revenue. In addition, this good performance of the accelerator is reflected in the international nature of the participating companies, since, despite their incipient stage, 24% of these companies already export their products or services.

These figures were presented by the members of the accelerator's presidency, who met at the CEAGA facilities to advance in the signing of the new agreement that will allow the launch of three new editions of the initiative.