VALNALON (Ciudad Industrial del Valle del Nalón, S.A.U.) was created by the Department for Industry and Labour of the Government of the Principality of

Asturias Asturias (, ; ast, Asturies ), officially the Principality of Asturias ( es, Principado de Asturias; ast, Principáu d'Asturies; Galician-Asturian: ''Principao d'Asturias''), is an autonomous communities of Spain, autonomous community in nor ...

Spain , image_flag = Bandera de España.svg , image_coat = Escudo de España (mazonado).svg , national_motto = ''Plus ultra'' (Latin)(English: "Further Beyond") , national_anthem = (English: "Royal March") , i ...

in 1987. The goal is to design and implement a plan to regenerate, promote and dynamise a former industrial area in Nalon River Valley. In order to achieve this, some of the most outstanding century-old buildings in the

Felguera Factory Felguera Factory (in Spanish ''Fábrica de La Felguera'') was the early manufacturing facility of what is now the company Duro Felguera, located in La Felguera, (Principality of Asturias, northern Spain). Although the facility is no longer in oper ...

, steelworks factory compound, whose gates closed in 1984, were refurbished.

Aims

The plan has evolved, tilting the focus from the ''development of infrastructures'' (Business centre, industrial estate, training centre) to a firm commitment to ''develop entrepreneurship'' in order to change mindsets, facilitating the transition from the industrial age to a more

entrepreneur Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values th ...

ial society.

Technological city

The concept ''Industrial City'' has morphed into ''Technological City'' mainly driven by the creation and development of start-ups in the

Information and Communication Technologies Information and communications technology (ICT) is an extensional term for information technology (IT) that stresses the role of unified communications and the integration of telecommunications (telephone lines and wireless signals) and computers, ...

(ICT) sector.

Action plan

In 1993 Valnalon was commissioned by Asturias regional government to implement the recently launched Asturias Entrepreneurship Action Plan (Cadena de Formación para Emprender) with two priority areas: ;Education ''Entrepreneurship education'', whose goal is to develop enterprising skills and attitudes in all levels of the education system. ;Promotion ''Business promotion'', whose goal is to support business development.

Stakeholders

In this sense, Valnalon seeks to engage a wide array of stakeholders as all of them should be involved and contribute to the development of an entrepreneurial culture.

References

{{DEFAULTSORT:Valnalon Economic history of Spain Asturias Urban renewal Industrial parks in Spain