Seipasa, the Spanish company, which specialises in developing, formulating and manufacturing bioinsecticides, biofungicides, biostimulants and nutritional treatments for agriculture, has received a subsidy of €99,909.17 from the Instituto Valenciano de Competitividad Empresarial (IVACE) as part of the ARA EMPRESES programme of the Valencian Regional Government.
This initiative is aimed at the recovery and reactivation of companies affected by the floods caused by the cut-off low, locally referred to as DANA, that hit the province of Valencia on 29 October 2024.
This aid forms part of the call for 'aid for the recovery and reactivation of industrial SMEs, shops, hotels and services that have suffered damage caused by the cut-off low that affected in the valencian region', and aims to support companies in repairing infrastructure, replacing equipment and resuming normal productive activity.