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Ineco to develop more than 80 internal innovation projects

July 4, 2023

Ineco culminates the four calls for entrepreneurship of its new Innovation model with a call for innovative ideas in the social and environmental fields. With the aim of promoting measures and solutions that can improve the environment in which we live, this latest call for proposals received more than 30 ideas which, once analysed by the Innovation Committee, will result in 20 projects to be developed in the coming months thanks to an investment of 30,000 hours of entrepreneurship by the Ineco professionals who promote these initiatives.

Ineco's new innovation model, supported by four internal calls for proposals, has enabled the company to collect more than 350 ideas proposed by its professionals, of which more than 80 will be implemented in the coming months thanks to the involvement of more than 250 people in the various projects.

With a total planned investment of 30,000 hours of innovation by 2023, Ineco has this year increased by 50% the budget allocated to finance the development of projects resulting from the four annual calls for innovation that make up the company's new model.

Social and climate action, keys to improving society

The call allows the company to incorporate these new initiatives into its existing corporate social responsibility and climate action programmes. Thanks to the new ideas, plans will be incorporated to help new groups such as children with high abilities (with the aim of helping to mitigate the school failure rate suffered by 76% of diagnosed cases) or the rural environment, through the promotion of development and innovation centres for rural entrepreneurs. On the environmental side, initiatives related to car sharing, emission reduction, circular economy and energy efficiency have emerged.

An Innovation Committee composed of 17 people from all organisational areas is in charge of selecting the proposals. Led by the president of Ineco, Sergio Vázquez Torrón, the committee includes two external experts from the innovation ecosystem: Ana

Alcaine, a prestigious professor at business schools and Miguel Urrecha, an expert in the generation of new business models.

This jury was in charge of selecting the best ideas presented based on their alignment with the company's strategic plan, alignment with the priority areas of action (vulnerable groups, dynamisation and visibility of the rural environment, international development cooperation, circular economy issues and Ineco's Climate Action Plan), as well as other aspects such as the possible synergies between several of the priority areas, the degree of maturity of the proposal, the degree of impact or the presentation before the Committee.

Click here to access the selected proposals.