The General Secretary for Innovation, Teresa Riesgo, will inaugurate the 6th Beauty Innovation Days, the first international virtual event of innovation in cosmetics and perfumery in 2021. Organized by the Beauty Cluster, the event will bring together more than 1,000 participants from 20 countries and will have more of 50 international speakers, virtual exhibitors, a marketplace of sectoral innovations and a virtual brokerage system to generate business meetings.

The General Director of Innovation will present the main lines of the new Spanish Strategy for Science, Technology and Innovation 2021-2027 (EECTI), as well as the Pact for Science and Innovation agreed by the Ministry of Science and Innovation with scientific and academic associations , business and social. The inaugural session will be attended by Mr. Jaume Pey, general director of ANEFP – Association for the Self-Care of Health and Ivan Borrego, Director General of the Beauty Cluster.

One of the main objectives of the EECTI is to encourage private investment in R&D in order to double the sum of public and private investments in R&D&I, until reaching 2.12% of GDP in 2027.

The EECTI is designed for a phase of resource expansion, with a gradual orientation that allows the consolidation of a Science, Technology and Innovation System of greater size and long-term power. Increase the budget dedicated to R&D&I during the period 2021-2027 and encourage private investment, up to the EU average, through direct aid (subsidies), and encourage the establishment of appropriate lines to facilitate the use of European funds, as well as compliance with State Aid regulations.

The goal is to generate a productive fabric, based on current strengths, more innovative and dynamic. This will increase competitiveness and, with it, the generation of quality employment and seek for the long-term sustainability of our social system, investing in the quality of life of future generations.