Services to Business
SOMUDAN essential aims the promotion, management and implementation of actions to facilitate the installation and development of business activities of public and private in Andorra, mainly administrative management, promotion and development of city-owned land for industrial and agricultural use. This partnership simplifies procedures and processes currently used, freeing the Local Government an important part of the work and the objectives pursued with management tools that meets a corporate structure.
From the Public Enterprise installed in the OPYDE, projects are evaluated, lend technical assistance and monitoring to obtain grants and funding, provides information and advice to new business initiatives and promote collaboration between government and Private Companies.
It also assists the developer in the licensing arrangements with local and regional agencies and access to industrial land and infrastructure.
Since its inception in 2002, SOMUDAN has participated in the capital of three companies that have been implemented in Andorra under Venture Capital formula, helping to create more than 150 jobs in the three companies. Participation has an average term of five years maintenance.