La Sociedad para el Desarrollo Económico de Canarias, SODECAN, is a public company belonging to the Canary Island Government that has played an active role in funding innovative and feasible business projects since 1983. We specialise in covering gaps in the market: our lines of finance are designed for different kinds of business projects that find it particularly difficult to obtain private funding.

OUR MISSION

To help build the Canary Island economy by facilitating access to funding to entrepreneurs and companies with innovative and feasible business projects.

OUR VALUES

Integrity:

To deal with our customers’ projects objectively and in absolute confidentiality. To manage public resources with austerity and transparency.

Service:

To provide solutions.

THE SODECAN TRANSFORMATION

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In 2012, SODECAN received a remit to undergo a transformation, from a Canary Island Government strategic investment company to its funding manager.

So the company started a process to re-structure its organisational chart and how it operated, which was completed at the end of 2014.

The following video shows how the SODECAN corporate offices in Gran Canaria were re-furbished
thanks to the sponsorship of the CajaSiete bank. Much of our former officers are now used as a space for entrepreneurs.

BOARD OF DIRECTORS

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Carolina Darias San Sebastián. Chairman

Almudena Estévez Estévez. Deputy Chairman

José Moya Otero. Deputy Chairman

José Matías Ayala Padrón. Chief Executive Officero

Miguel Ángel Pérez Hernández. Board Member

Laureano Pérez Rodríguez. Board Member

Julián José Zafra Díaz. Board Member

María del Carmen Gonzálvez Casanova. Board Member

THE SODECAN MANAGEMENT TEAM

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Matías Ayala Padrón
JOSÉ MATÍAS AYALA PADRÓN

Chief Executive Officer

RAQUEL BEZARES

Financial analyst, Micro-credit and Guarantees

MARÍA DEL CARMEN MARTÍN

Chief Financial Officer

ERNESTO RODRÍGUEZ

Innovation and Energy Efficiency

ELENA GELADO

Funds Administration

ELENA DE LA MAZA

Administration and Accounts

IONE AGUIAR

Tech. Entrepreneurs, Co-investment & R&D

REMUNERATION OF SENIOR MANAGEMENT

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Members of the Board of Directors receive no remuneration with the exception of the Chief Executive Officer.


Salary cost and gross salary of the Sodecan Chief Executive Officer

MANAGEMENT INFORMATION

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The following graph shows the main magnitudes that illustrate the company’s performance in recent years.


IMPACT OF SODECAN ACIVITY

Our main IMPACT indicator is the total number of operations (number of companies that have benefitted) and the total funding made available to Canary Island entrepreneurs and companies as a result of our activities.

Our main EFFICIENCY indicator is the total funding we make available to Canary Island companies and entrepreneurs, divided by SODECAN operating costs. In other words: how many euros we inject into the economy for every euro we cost the tax-payer.

The graph below shows these indicators in recent years.

SELECTION OF PERSONNEL

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Project analyst. 4th  March 2018 PROCESS CLOSED
Degree in Law. 4th March 2018 PROCESS CLOSED

Offices in Gran Canaria:
Avenida Alcalde José Ramirez Bethencourt, 17.
Las Palmas de Gran Canaria

Offices in Tenerife:
Villalba Hervás, 4, 6th floor
Santa Cruz de Tenerife.