Startup Scene in Spain

History

1492

Firsts VCs in Europe

?

Christopher Columbus

Visionary

Entrepreneur

Firsts VCs in Europe

They invest in an idea that... !

• Nobody believed. !

• Very uncertain result. ➡ Large Losses ➡ Large Rewards

Spanish Entrepreneur Today !

77% Men - 23% Women !

78% 25-44 years old !

90% Higher Education !

68% Full time

Bad Stuff

Lack of culture • 65% civil servants • 12,4% entrepreneurs !

Very difficult to raise money • Banks: Don’t like risk !

Good Stuff

Explosion of • Accelerators (+40) • Incubators (+60)

!

New Law Of Entrepreneurs • Tax cuts

70m€

70m€

Thank you!