# Valencia regional innovation funding > Live situation record from CLSTR: https://clstr.news/situations/valencia-regional-innovation-funding > Updated: 2026-08-04T12:23:01.000Z. Sources: 6. Developments: 2. In late July 2026 the Valencian Institute of Competitiveness and Innovation (Ivace+i) approved two funding rounds totalling €17.5 million. About €2 million was earmarked for 17 projects that introduce advanced technologies—AI, big‑data, VR/AR—to small and medium‑sized enterprises, while €15.5 million supported 29 R&D projects at technology centres, focusing on AI, digital navigation, water purification and other strategic STEP technologies. A few days later, on 4 August 2026, Ivace+i announced an additional €2.9 million to create nine new Units of Scientific Innovation for Business (UCIE) at universities and research centres. This brings the UCIE network to 22 active units and targets health, AI, agri‑food and biotechnology, aiming to accelerate the transfer of scientific results to the Valencian industrial base. Both allocations were highlighted by Regional Minister Marián Cano as steps to strengthen the link between research and industry and boost the region’s competitiveness. ## Timeline ### 2026-08-04: Ivace+i allocates €2.9 million to nine new innovation units in Valencia Ivace+i Innovación will spend €2.9 million to create nine new scientific innovation units in Valencia’s universities and research centres, bringing the regional network to 22 units and focusing on health, AI, ​ 4 sources. https://clstr.news/cluster/ivacei-allocates-29-million-to-nine-new-innovation-units-in-valencia ### 2026-07-31: Ivace+i allocates €17.5 million to boost tech transfer in Valencia Ivace+i earmarks €17.5 million for 46 Valencia projects, linking AI, big‑data and other advanced tech to local firms and research centres, under minister Marián Cano’s push for stronger industry‑research ties. 2 sources. https://clstr.news/cluster/ivacei-allocates-175-million-to-boost-tech-transfer-in-valencia --- Cite as: Valencia regional innovation funding. CLSTR, https://clstr.news/situations/valencia-regional-innovation-funding