R&D investment in the Basque Country is set to grow by 5.8% to €2.384 billion by 2026, despite geopolitical uncertainty and the transition of European programmes
This is the estimate produced by the Basque Innovation Agency in collaboration with 19 leading Basque innovation companies, which account for 43% of business investment in R&D in the Basque Country and BRTA
Business investment in R&D will reach €1.287 billion, representing growth of 5.2%, influenced by global uncertainty and the slowdown in key sectors of Basque industry
Public sector funding will reach €874 million, an increase of 8.5%, driven by increased support from the Basque Government and the implementation of European Next Generation funds
International funding, meanwhile, will fall to €160 million (-4.9%), in a context shaped by a reduced alignment between Basque scientific and technological capabilities and European calls for proposals, the transition to the new Framework Programme (FP10) and greater competition in securing R&D funding
Investment in research and experimental development (R&D) in the Basque Country is set to reach €2.384 billion in 2026, representing a 5.8% increase on the estimate for 2025.
According to this annual estimate by the Basque Innovation Agency, Innobasque, now in its eighth edition, business investment in R&D will reach €1.287 billion, representing growth of 5.2%, influenced by global uncertainty and the slowdown in some key sectors of Basque industry. Meanwhile, public sector funding will reach €874 million, an increase of 8.5%, driven by increased support from the Basque Government and the implementation of European Next Generation funds. In contrast, international funding will fall to €160 million (-4.9%), against a backdrop marked by the transition to the new European Framework Programme (FP10) and greater competition for R&D funding, as well as a reduced alignment between Basque scientific and technological capabilities and European calls for proposals.
