Torrevieja Launches XVII Young Entrepreneurs Awards with €12,000 Prize Fund

Applications open from 28 May until 8 September 2026 for innovative local projects

Torrevieja is once again showing strong support for youth talent and local innovation. The City Council has announced the XVII Edition of the Premios Jóvenes Emprendedores, a well-established competition designed to reward and boost young entrepreneurial initiatives in the municipality.

The total prize fund amounts to €12,000, distributed as follows: €7,000 for the first prize, €3,500 for the second, and €1,500 for the third. The initiative is promoted by the Department of Employment, Local Development and Entrepreneurship.

“We want to encourage all young people to take that step, to believe in their projects and know that the City Council will provide support, tools and opportunities to turn their ideas into reality.”

Supporting the next generation of local business

Projects must have been created between 1 September 2025 and 31 August 2026. Both individuals and legal entities linked to Torrevieja can apply. The evaluation committee will assess entries based on economic and technical viability, innovation, job creation potential, environmental commitment, equality, social economy principles, and the personal or social situation of the promoters.

Councillor Domingo Paredes emphasised that entrepreneurship is a key driver for economic and social growth in Torrevieja. “Entrepreneurship is not just about creating a company; it is about generating opportunities, innovation and employment. Young people have talent, creativity and a great capacity to detect new needs and provide solutions,” he stated.

Why these awards matter for Torrevieja

In a dynamic coastal city like Torrevieja, with a diverse population and a strong tourism-based economy, supporting young entrepreneurs is essential for diversification and long-term sustainability. The awards encourage projects in strategic sectors that can strengthen the local economy, create quality jobs and respond to emerging challenges such as digitalisation, environmental sustainability and cultural enhancement.

Previous editions have helped launch or consolidate numerous local businesses, many of which continue to operate successfully today. By offering not only financial support but also public recognition, the competition gives young entrepreneurs the visibility and confidence needed to thrive in a competitive environment.

Strategic focus on key sectors

The 2026 edition particularly welcomes initiatives related to:

• Tourism and experiential travel
• Local commerce and retail innovation
• New technologies and digital solutions
• Culture, sport and leisure
• Environmental sustainability and green economy
• Building rehabilitation and urban regeneration

These areas align perfectly with Torrevieja’s development goals as a modern, inclusive and forward-looking Mediterranean destination.

How to participate

Applications must be submitted exclusively online through the municipal electronic headquarters (sede electrónica). The deadline is **8 September 2026**. Interested candidates should prepare a solid business plan highlighting innovation, feasibility and potential impact on the local community.

This annual competition forms part of Torrevieja’s broader strategy to foster entrepreneurship among young residents, reduce youth unemployment and stimulate a vibrant local business ecosystem.

Building a brighter economic future

By investing in young talent, Torrevieja is investing in its own future. In an era of rapid technological change and shifting economic realities, empowering local entrepreneurs ensures the city remains adaptable and prosperous. The XVII Young Entrepreneurs Awards are more than just a competition — they represent a clear commitment to innovation, opportunity and community development on the Costa Blanca.

Young people with bold ideas are encouraged to apply. With €12,000 in prizes and institutional backing, this could be the perfect launchpad for the next successful Torrevieja business story.