A way to make Europe EUROPEAN REGIONAL DEVELOPMENT FUND€¦ · A way to make Europe EUROPEAN REGIONAL DEVELOPMENT FUND Abril 2018 Edition All you need to know. Page 2 BACK TO INDEX

A way to make Europe

A way to make Europe EUROPEAN REGIONAL DEVELOPMENT FUND

Abril 2018 Edition

All you need to know

Page 2 BACK TO INDEX

CONTENT

PART I: STARTING POINT

CREATE A STARTUP

PART II: ADVICE TO STARTUPS

ADVICE BUSINESS INCUBATORS BUSINESS

ACCELERATORS

PART III: FINANCING FOR

STARTUPS

HOW TO OBTAIN FINANCING?

EUROPEAN CALLS STATE CALLS LOCAL / REGIONAL

CALLS

PART IV: EVENTS TO STARTUPS

EVENTS TO STARTUPS


This guide mainly focuses on collecting information aimed at Startups, with the intention of being useful for their support in its different stages of seeking public-private

funding for its implementation and subsequent evolution


Part I: Starting Point


PA

RT

I:

CR

EAT

E A

STA

RTU

P IN

SP

AIN

Create a startup in Spain

Although the costs of starting up a Startup in Spain can differ greatly depending on the objectives sought with its creation, there are a

number of basic aspects to consider in all cases, similar to those required to establish any company. Thus, when an entrepreneur

constitutes a Startup, the first step is to determine the legal nature, taking into account the needs that may arise to a startup in

terms of participation deals and receipt of third-party investment:

- Opting to act as a freelancer is not the best option for a project that is going to have several partners, or if it will

require the investment of third parties. Since most of the cases are considered as co-development projects, this

modality is usually not viable for a startup.

- Civil societies or communities of goods are also inadvisable for a startup, unless the investment is expected to be

exclusively linked to the FFF, as it is not suitable for obtaining aid through business angels, or venture capital.

- Cooperatives have the peculiarity that each cooperative member has a vote regardless of their contribution to capital,

assuming a problem when making decisions in the absence of balance on the basis of ownership of capital.

Therefore, it is the limited liability companies and public limited companies the legal forms that are outlined as the best options to

carry out such a project.

Under the Law, which applies in this respect to both S.A.s and S.L.s, either of these corporate forms can be set up as, or can

subsequently become, a sole-shareholder company. In general, such requirements may be deemed for the purpose of providing

information, although compliance is of the utmost importance since, if six months elapse from the date on which the company

acquires sole shareholder status without such circumstance having been registered at the Commercial Registry, the sole shareholder

will bear personal, unlimited and joint and several liability for any company debts assumed during the period of sole-shareholder

status.

The basic costs associated with these two legal forms are summarized in the following concepts:


PA

RT

I:

CR

EAT

E A

STA

RTU

P IN

SP

AIN

Selected option

Minimum

social capital (as an

investment, not as cost)

Registration fees (may

vary by AC)

Notary

costs (deed

of incorporation)

Registration

or Trademark

Registration

Costs (if

necessary)

Consulting

costs (if any)

Limited liability company € 3.000

Prior booking of company

name: € 15

Registration and publication

in Registry: € 100

€ 150

€ 93

€ 144

(national)

€ 50 - € 350

Public limited company

€ 60,000, with

an initial outlay

of at least 25%

(€ 15,000)

Prior booking of company

name: € 15

Registration and publication

in Registry: 150 €

€ 300

€ 93

€ 144

(national)

€ 300 - € 500

To all of the above, the following costs can be added:

- In case of choosing to have a local, fees for activity license (according to area and type of activity), waste fee, IBI, IAE,

among others.

- If workers are hired, after registering with the Social Security, through the Code of Contribution Accounts, the social

insurance costs of each worker will be added too.

To sum up, starting a Startup in Spain can range from € 300 to € 4,000, not counting local, personal or investment, depending on the

particular needs of the project.


Part II: Advice to startups


PA

RT

II:

AD

VIC

E: B

USI

NES

S IN

CU

BA

TO

RS

Where can I find advice?

The best specialist advice options for Startups are accelerators and incubators, which cover not only this aspect but also the access to

finance at different times of project development.

The following sections have compiled information on both incubators and accelerators, as well as a list of them, classified by the

sector to which they are associated, if applicable, or grouped as multisectoral innovation when they are not specialized, or have

different programs each focusing on a specific sector.

The main objective of Business incubators is to launch the first phases of a startup. They help these new companies to find their

workspace, as well as providing initial seed capital that allows them to see the viability of the idea and its business model in a short

period of time. These programs include mentoring, intensive training, digital education and tutoring by the company.

Business incubators are a financing option similar to the accelerators but, unlike the latter, help to create the business idea from a

scratch, and accompany startups for a limited period of time until they get the first benefits and these take off.

Business incubators are usually sponsored, supported and operated by private companies, government entities or universities. Its

primary purpose is to help in the creation and growth of young businesses by providing them with the necessary support in technical

and financial services.

Business Incubators


PA

RT

II:

INC

UB

ATO

RS

OF

STA

RT

UP

S IN

SP

AIN

Multisectoral Innovation

• TETUAN VALLEY is a 6-week program aimed at technology projects at an early stage.

• Blast Off Partners: It is described as the way to find startups that meet the requirements of the investment circuit. They prepare

projects by adhering as partners from the beginning; they advise and accompany the investor throughout the process, favoring

early successes.

• BIC Vizcaya: It aims to be a national and international reference center for innovation, growth and development of initiatives in

the field of bio, micro and nanotechnology as well as for advanced manufacturing and clean technologies..

• BIC Euronova is the European Center for Business and Innovation (CEEI) that supports the creation, incubation and consolidation

of innovative companies through professional and competitive advice to entrepreneurs for the creation of innovative companies.

Digital leisure sector

• Game BCN: is a program specialized in video games from Southern Europe that offers the training and mentoring needed to make

a successful launch to the market.

• Grupo ITnet: is a business holding company that creates and invests in companies in the digital leisure sector, specially in

games, lifestyle and sports. The ITnet group specializes in investments in projects of the sectors T.I.M.E (Telecommunications,

Internet, Media and Entertainment), in pre-seed and seed phase.

Sector TICs

Business Incubators of startups in Spain

https://www.tetuanvalley.com/

http://blastoffpartners.com/

https://bicbizkaia.eus/

http://www.bic.es/

http://gamebcn.co/?lang=es

http://grupoitnet.com/


PA

RT

II:

INC

UB

ATO

RS

OF

STA

RT

UP

S IN

SP

AIN

• DEMIUM STARTUPS: is a business incubator on the internet. Its objective is to create startups from scratch, when neither the

idea nor the equipment exists. To do this, they identify business ideas based on models of success in other countries and market

trends and make them available to entrepreneurs who want to develop them according to a methodology based on Lean Startup.

Around 15% participate in all the companies created together with the entrepreneurial teams.

• Grupo Intercom: Spanish incubator that has generated a lot of projects in Spain with more than 50 mainly digital businesses,

among which are: Bodas.net, Emagister.com or Softonic.com. His specialization is Internet-related business.

• Incube GC: is born with the spirit of accelerating ideas, projects and technology companies in Gran Canaria, as a place to

undertake, collaborate, form, connect and create new business projects, aimed mainly at startups and entrepreneurs who want to

establish themselves on the island. They focus on the ICT sector in general, and specifically on innovation in the tourism sector.

• DAD (digital assest deployment): contributes with not only the key start-up capital, but also the knowledge of how to create

solid teams to solve challenges and make the leap to a global project. This project incubator has business models developed in an

internet environment and with innovative proposals. They are mainly looking for scalable business models that can be

internationalized.

• Cloud Incubator: Its goal is the creation of startups in the field of ICT and communications, where it promotes collaborative work

between entrepreneurs and networking with experts in various areas. Its objective is to create startups whose businesses focus on

the Internet of Things.

• Initland Bilbao: it is an incubator that host many entrepreneurial projects, linked to technology and very close to the e-

commerce sector.

• Initland Zaragoza: The Milla Digital Business Incubation Center is an incubator of the City of Zaragoza, managed by the

company Init, and whose goal is entrepreneurship, innovation and creativity at work.

http://demiumstartups.com/

http://www.grupointercom.com/



http://www.spegc.org/space/incube/

http://www.digitalassetsdeployment.com/en/



http://cincubator.com/

http://theinit.com/initland/

http://www.ciemzaragoza.es/


PA

RT

II:

INC

UB

ATO

RS

OF

STA

RT

UP

S IN

SP

AIN

• ZITEK: Its objective is to promote the creation of a business fabric based on entrepreneurial ideas that come not only from the

results of R + D + i of the research groups of the Bizkaia Campus of the UPV / EHU, but also from any entrepreneur with links to

the Campus.

Tourism Sector

• Ágora Next: It is the largest innovation and digital ecosystem center in the tourist industry sector in southern Europe and a

reference in "tourismtech" and "traveltech".

http://emprendedoreszitek.com/

http://agoranext.org/


PA

RT

II:

AD

VIC

E: B

USI

NES

S A

CEL

ERA

TO

RS

Business accelerators offer resources, knowledge and support to entrepreneurs to negotiate their first rounds of investment with their

networks of investors, business angels, investment funds, etc., since many of the projects, especially those of high potential, require

significant investments. Unlike Incubators, the startups accelerators only invest in those startups that are in full development, so they

bet on startups whose work team already has previous experience, covers the main roles of a company and is committed to their

project.

They are designed to accelerate the growth and ensure the success of entrepreneurial projects through a wide range of business

resources and services that can include physical space rental, capitalization, coaching, mentoring, networking and even other basic

services such as telecommunications, or even cleaning or parking.

Many accelerators and incubators have competitions aimed at selecting the best projects, whose prizes can be a source of funding,

either direct (cash prizes), or indirect (stays in coworking spaces, mentoring services, networks of investors, etc.).

Multisectoral Innovation

• Lanzadera: It is a totally private capital project promoted by JUAN ROIG (MERCADONA). It is a project to support entrepreneurial

leaders, whose goal is to create the necessary conditions to contribute to the creation of efficient enterprises that add

value to society and implement a solid business model. It works through an annual call, offering its facilities and advice

during a period of 11 months, among other services. The deadline for submitting ideas for the next call ends on

11/20/2017, and the call in January 2018.

Business Accelerators

Business Accelerators of Startups in Spain

http://lanzadera.es/

C


PA

RT

II:

AC

ELER

ATO

RS

OF

STA

RT

UP

S IN

SP

AIN

• Plug & Play Accelerator: Plug Plug and Play Spain is an extension of the Plug and Play Tech Center, a US headquarters, which

was founded in 2006 in Silicon Valley. In Spain they began to work in June 2012 to help the growth of entrepreneurial projects,

facilitating their access to Silicon Valley resources and increasing their chances of success. They have acceleration programs

oriented to different sectors, such as health and welfare, insurance and banking, energy and sustainability, new materials, etc. It

is possible to check the Key Dates calendar according to program here.

• Bolt Accelerator is responsible for accelerating companies with high growth potential and offer their products to a global market.

It offers mentoring services for Smart Cities, eHealth, Clean Tech, Media, Fintech, Agrotech and Education specialists.

• The Heroes club is an international Networking platform, directed not only to startups, but also to all types of companies, which

for the latter offers a place of coworking, business acceleration services through so-called transformers business facilitators,

mentoring services and access to finance.

• Sprita Startups: It seeks companies in the initial stages, which are technology-based projects linked to various sectors such as

automotive and mobility, energy efficiency, environment, leisure and tourism, or any other type of project provided it has a

commercial objective and a vision of expansion and innovation.

• Impúlsame is a company accelerator focused on helping entrepreneurs who are starting to launch their projects, as

entrepreneurs with mature companies in the market who want to innovate in their business models and accelerate their growth.

For this, it provides a 9-month program, with training sessions, 1-to-1 mentoring, networking, contacts with entrepreneurs,

among others. It is not limited to any particular sector.

• Ship2B is an accelerator that has various acceleration programs, associated with different sectors, such as health, education,

tourism, environment (water), etc. Projects can be submitted at any time.

http://plugandplaytechcenter.com/

http://plugandplaytechcenter.com/accelerator-dates/

http://www.bolt.eu.com/

http://www.theheroesclub.es/quien-eres/#ancla

http://www.sprita-startups.es/

http://impulsame.es/

https://www.ship2b.org/


PA

RT

II:

AC

ELER

ATO

RS

OF

STA

RT

UP

S IN

SP

AIN

• BERRIUP has an acceleration program of 4 months with workshops, advice, tutoring and talks by top entrepreneurs and

professionals. It offers access to networking, co-working space during the 4 months of the Program and help to seek funding to

develop projects after the end of the program through an investor network.

• Barcelona activa: is the local development agency of Barcelona City Council and has among its objectives the mission of

boosting entrepreneurship and the entrepreneurial ecosystem in the city and supporting the improvement of the competitiveness

of companies and entities.

• StartWars Lab: is an Internet business accelerator whose main difference is that entrepreneurs do not need any idea or

equipment to participate. The objective of the company is to help the entrepreneur to validate an idea through an American

methodology, in a coworking environment with specialized mentors and masterclasses of guest speakers.

• Deusto Digital Accelerate: It is an accelerator whose main objective is to accelerate business on the Internet. Offers startups

masterclasses, 76 hours of acceleration, mentoring, coworking space, support and investment forum.

• KBI Digital: is an accelerator that presents a program in which entrepreneurs, startups, SMEs and professionals that are oriented

to offer products and services that have an innovative character can be presented. These projects should be aimed at a global

market and should be developed in areas such as multiscreen audiovisual projects, content development and multiplatform

formats, digital applications, videogames, Internet of Things, among others.

• Metxa: is an accelerator of projects for entrepreneurs that aims to invest in those projects that have been selected to carry out

the acceleration program. This program consists mainly of mentoring, agreements with financial entities and suppliers, legal

advice on the general aspects related to the project; support and guidance for obtaining grants, and a network of contacts.

• Mola: is an incubator, accelerator and a holding of investment in seed technology startups.

• Táktice: It is a project accelerator based on three pillars: mentoring, search for investors and value-added services.

http://www.berriup.com/

http://www.barcelonactiva.cat/barcelonactiva/es/que-es-barcelona-activa/quienes-somos/index.jsp

http://startwarslab.es/

http://deustodigital.deusto.es/

https://kbidigital.eus/

http://metxa.com/

https://www.mola.com/

http://www.taktice.com/


PA

RT

II:

AC

ELER

ATO

RS

OF

STA

RT

UP

S IN

SP

AIN

• La Terminal is the business incubation and acceleration space of Zaragoza City Council. Its objective is to attract talent, projects

with potential for success and international vision to boost economic development in the Ebro Valley.

• Founder Institute Zaragoza is a global accelerator based in Silicon Valley that helps entrepreneurs with the aspiration to launch

meaningful and lasting companies with a three and a half month program where all graduates share growth.

• Lazarus is an accelerator that trains, encourages and mentors entrepreneurs to transform their business idea or nascent startup

into a stable company. It is a joint initiative of the Caja Rural Castilla la Mancha Foundation and the School of

Industrial Organization.

• Startup Olé Accelerator: It is an initiative with international projection. Through its flagship project, the Startup Olé

international entrepreneurship innovation event, numerous startups have been able to establish contact with the main players in

the European and international ecosystem.

• VíaGalicia: is a public accelerator promoted by el Consorcio de la Zona Franca de Vigo and la Xunta de Galicia. The objective of

the program is to help startups in the validation, startup, financing and consolidation of their projects.

• Altavista Ventures: is an initiative of Canarian entrepreneurs and capital that seeks to contribute to the construction and

consolidation of a local entrepreneurial ecosystem. Its objective is that new business ideas become successful companies.

• TF Innova: is an accelerator whose objective is the development of a culture of innovation as the axis of improving

competitiveness and the quality of the local socioeconomic fabric.

Agro-food sector

http://www.la-terminal.es/

http://fi-zgz.com/

http://www.startupoleaccelerator.com/

http://www.zfv.es/viagalicia/index.html

http://altavistaventures.com/

http://tenerifeinnova.es/


PA

RT

II:

AC

ELER

ATO

RS

OF

STA

RT

UP

S IN

SP

AIN

• ORIZONT: It is an accelerator that has a program of 6 months, aimed at companies that stay 2 years in Navarra, offering

financing. It has the support of SODENA.

• Fishing Accelerator: is a startup acceleration program whose objective is to find cutting-edge solutions to technological needs

arising within the fishing industry.

• PROMETHEUS: is reimagine food’s acceleration program, the first disruptive food&tech program in the world. We are looking for

high valued companies that will determine and rethink the future of food and building exponentially better products and services.

We provide enormous amount of support and connections to accelerate startups´ growth.

• FOODEVOLUTION: The Food Evolution Accelerator is an international mentoring tool that seeks to accelerate 5 startups in

the AgriTech, FoodTech and FoodHealth sectors, with the potential to become extensions. At the end of the program, the startups

that have successfully passed it are presented to a club of international investors, formed by business angels and venture capital

to co-invest with the own fund of Food Evolutions ".

Automotive and ICT Sector

• IMPACT: offers to the startups a rigorous and delocalized acceleration experience backed by a combination of equity-free cash

and Venture Capital funds. At present, it has a program directed to projects related to connected car, whose deadline ends on

January 10, 2018, which is funded by H2020.

• Business Factory Auto: is a vertical acceleration program focused on the automotive sector based in Nigrán. Its objective is the

acceleration and consolidation of specialized projects in the automotive industry and its transformation into innovative, viable and

scalable companies that attract and retain talent.

Fintech Sector

http://www.orizont.es/

http://www.fishingaccelerator.com/

https://www.reimagine-food.com/prometheus

https://www.food-evolutions.com/program

http://www.impact-accelerator.com/

http://www.bfauto.es/es/


PA

RT

II:

AC

ELER

ATO

RS

OF

STA

RT

UP

S IN

SP

AIN

• FINNOVISTA is an impact organization that accelerates the development of technology companies that provide digital financial

services (fintech) and enhances the fintech ecosystem where these companies operate, focusing on the fintech opportunity in

growing markets where there is an important gap between access to financial services and access to digital technologies involving

a “smart collaborative network” that encompasses the entrepreneurial ecosystems, investors and financial industry in both

developed and emerging markets.

• Innsomnia Fintech is the accelerator of Bankia. It is an innovation hub specialized in the acceleration and incubation of

technology-based projects through an agreement with large companies that rely on the entity to incorporate the

latest innovations to its business model.

ITC sector

• Seedrocket: It is a Spanish accelerator focused on technology-based companies (ICT). Its methodology and advice is practical,

surrounded by professionals of the sector.

• Conector startup accelerator: is an accelerator aimed at technology-based startups, offering face-to-face and on-line programs,

especially focused on the TIME (Telecommunication, Internet, Media and Entertainment) sector.

• Wayra: It belongs to the Telefónica, and is located in many countries of the world, creating an attractive network of contacts for

all those startups who want to take the big leap. Mentors and specialized services are their main claim, as

well as wanting to go much further in the acceleration process.

https://www.finnovista.com/

http://www.innsomnia.es/innsomnia

http://www.seedrocket.com/

http://www.conector.com/

https://www.openfuture.org/es/space/wayra-espana


PA

RT

II:

AC

ELER

ATO

RS

OF

STA

RT

UP

S IN

SP

AIN

• Bboster Ventures: founded the first Spanish accelerator in the impetus of new ideas that base its business model in Internet and

in apps for mobile phones. At the moment it has two companies of risk capital, through which it invests in startups that are in

different phases: Sinensis and Bbooster-Dyrecto. The next acceleration program is scheduled for June - October 2018.

• Zarpamos: group of entrepreneurs with more than 15 years of experience in the ICT and Enterprise sector, with the clear

intention to participate actively, with entrepreneurs, who like themselves, share the passion to undertake. You can access your

acceleration program at any time of the year.

• Intelectium: specialized in helping entrepreneurs to finance their technological startups with private and public capital, at

Spanish and European level. Oriented to eCommerce and Internet projects, but also other areas in which technology and R & D

can be present.

• Alfacamp is an acceleration program for startups in which startups and entrepreneurs develop their business model through

training sessions, networking and weekly mentoring sessions. They help to redefine the business plan, develop the commercial

and marketing strategy and get the first customers. At the end of the program, they offer their help to get the first round of

funding. Focus on projects related to new technologies, the Internet and apps.

• GO MADRID: Specialised in high growth potential B2B and B2B2C tech companies across key sectors to create the next

generation of Spanish and global market leaders by enabling access to everything that is needed to shape the future of

digitalisation of businesses.

Tourism sector

http://www.bbooster.org/es/

https://zarpamos.com/

http://www.intelectium.com/

http://www.alfacamp.com/

https://gomadrid.tech/


PA

RT

II:

AC

ELER

ATO

RS

OF

STA

RT

UP

S IN

SP

AIN

• Top Seeds Lab is an investment and acceleration program focused on early growth Travel Tech companies. Since 2012, the

company has offered investment through its Advisory Board formed by the 50 most important companies in the world of tourism

in Spain. Its selection process is carried out by sending requests throughout the year to those startups that present great potential

within the sector.

• Nao Ventures is a startup accelerator specialized in the tourism, travel and gastronomy sectors.

Environmental Sector

• Climate KIC It is the main EU initiative on climate change. It is the largest public-private collaboration in Europe focused on

innovation to mitigate climate change and adapt to it. Climate-KIC is made up of companies, academic institutions and public

bodies. They offer support to startups, bring together partners in innovation projects, as well as train students in order to achieve

a creative and related transformation of knowledge and ideas to obtain products and services that contribute to mitigate climate

change and adapt to it.

Social Sector

• Social Nest: it is an accelerator of sustainable companies that seek to generate social impact. Social Nest offers financing,

dissemination, workspace and follow-up training.

Gastronomic Sector

• Culinary Action!: is an accelerator of gastronomic and food startups specialized in launching food products and foodtech

businesses.

Security Sector

http://topseedslab.com/

http://www.climatekic-spain.org/

http://socialnest.org/

http://www.culinaryaction.com/es/inicio


PA

RT

II:

AC

ELER

ATO

RS

OF

STA

RT

UP

S IN

SP

AIN

• INCIBE Cybersecurity Ventures: is a vertical accelerator specialized in cybersecurity organized by INCIBE, in collaboration with

the Junta de Castilla y León. It offers a personalized acceleration program, specialized training in entrepreneurship, mentoring,

networking with investors to raise funding for the project.

Logistics Sector

• Kaleido Logistics Tech Accelerator It is the first vertical acceleration program in the logistics sector with a global approach. The

program seeks to connect important companies in the logistics sector with the best and most disruptive startups.

https://www.incibe.es/ventures

http://www.kaleidologistics.com/es/innovacion/logistic-tech-accelerator/


Part III: Financing for Startups


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

How to obtain financing?

We highlight two main types of funding for Startups, although due to the own nature of the projects, from which there are important

investment needs, in many cases at very early stages with a high risk, private financing is usually the common, in many cases

through public-private partnership programs:

Family, friends and "fools" are the first investors to think about when you start a startup. They will be the ones who trust in the idea

even without understanding it. It is estimated that this type of "investors" usually contribute to the project between 1,000 and 10,000

euros, which helps to establish the entity, register the brand or pay the services of notary and advice.

These private investors invest their own money in novel projects, according to their criteria, and contribute with their experience and

contacts. However, in some cases, several investors of this type are associated to reduce the risk of economic losses. Business angels

are looking for startups with high growth potential, scalable and with a committed and enterprising team. They usually invest between

10,000 and 50,000 euros, although figures of up to 300,000 euros can be reached.

At the national level, there are Business Angels networks such as the Spanish Business Angels Network (ESBAN), which groups

private investors and facilitates their contact with entrepreneurial projects.

At the level of Business Angels associations, the following stand out:

Ways of financing in the private sector

FFF (Family, Friends, Fools).

“Business angels”

http://www.esban.com/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

- EBAN (European Business Angel Network), is the pan-European investor representative at an early stage that brings

together more than 150 member organizations in more than 50 countries today.

- AEBAN is the Spanish Association of Business Angels Networks, is a non-profit, independent and participative

association that associates to the main Networks of Business Angels that exist in Spain.

- Association of Internet Investors and Entrepreneurs (AIEI) grouping of relevant within the Internet sector, which

supports entrepreneurs in their media searches and funding rounds.

- AABAN is a non-profit, private and independent entity, whose purpose is to invigorate the creation and development of

business projects through the participation of private investors.

- Network aBAnza It is an initiative of the Chamber of Commerce of Zamora. Its purpose is to support entrepreneurs

with high growth potential projects, and potential business Angels interested in financing new businesses.

- Addquity is an investment company created to participate in the capital of companies and projects based on the

creation of value.

- ARABAN, Aragón Business Angel Network is a network of investors that includes Zaragoza, Huesca and Teruel. A

private financing instrument that enables the injection of capital into business projects.

- Aragón Invierte is the network of business angels that is driven by the Government of Aragon, and that has the

support of lbercaja and Caja Inmaculada. Its main task is to act as a link between business angels and entrepreneurs,

directing private investment towards scalable, high potential business projects, and in any sector of activity.

- ASBAN, Asturian Network of Business Angels, aims to put entrepreneurs in contact with innovative projects, with

investors willing to participate in them.

- Bagi is a network of investors created with the aim of putting investors in contact with innovative companies with high

growth potential.

- Alentia aims to link private savings with viable business projects that are capable of generating wealth and

employment.

- BABAN is a platform that effectively contacts entrepreneurs seeking financing and investors who want to find promising

companies.

http://www.eban.org/

http://www.aeban.es/

http://www.aiei.es/

https://www.aaban.org/

http://www.camarazamora.com/ProyectoEmpresarial.asp?Id=22

http://www.addquity.com/

http://araban.es/

http://www.aragoninvierte.es/

http://www.asban.es/interior.asp?MP=1

http://bagi.cat/

https://www.alentiaalternativa.es/capital/

http://www.baban.es/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

- BCN Business Angels is a network of private investors specialized in investing in startups and SMEs to boost their

growth.

- BANC It is a private institution that connects investors and entrepreneurs who seek financing for the development of

their projects.

- BAN Madr+id is a specialized network of investors that facilitates the search for financing for companies with a

scientific-technological base in the Community of Madrid during its first years of life.

- Big Ban Angels is a non-profit association committed to the creation of a private investment ecosystem in startups.

- Biocrew is a network of private investors promoted by different agents and investors, with the aim of boosting the

entrepreneurial and investment activity linked to life sciences and technology.

- Business In Fact is a network of investors that stands out for the depth in the selection process of invertible projects.

- Crecer+ is an initiative of Orkestra, Basque Institute of Competitiveness, has a consolidated network of business angels

and is the main open network of the Basque Country.

- Cross Border Angels develops a global ecosystem to help startups get involved with innovation stakeholders through

their international network.

- Duwary Business Angels Its mission is to train entrepreneurs, mentor new business projects and invest capital in

projects with high potential for revaluation in the market.

- Economistes BAN is an initiative of the Association of Economists of Catalonia that creates a business and

entrepreneurial space that allows to look for already existing or newly created companies in which to invest.

- ESADE BAN is a network of private investors promoted by the ESADE Alumni Entrepreneurs Club, whose objective is to

boost entrepreneurial and investment activity in Spain.

- First Tuesday is a support organization for entrepreneurs that organizes training and networking events with the aim

of creating a community of entrepreneurs, professionals and business angels from Spain.

- GoEmprende is a private business angels network where you can find investors who participate in innovative projects.

http://www.bcnba.com/index.php/es/

http://www.bancat.com/es/

http://www.madrimasd.org/emprendedores/ban-madrid

http://www.bigbanangels.org/

http://www.biocrew.es/

https://www.businessinfact.com/

http://www.crecermas.es/

http://crossborderangels.com/

http://duwary.com/

http://www.coleconomistes.cat/

http://www.esadeban.com/

http://www.firsttuesday.es/

http://www.goemprende.com/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

- GOBAN is the network launched by the CEEls of Castilla and La Mancha. The objective is to provide a meeting point for

investors and entrepreneurs.

- IESE BAN it acts as a link between more than 140 entrepreneurs and investors exploring and implementing synergies

to contribute to the creation of companies.

- lnnoBAN is a private network whose mission is to stimulate sustainable growth and jobs.

- Keiretsu Forum It is a network with more than 2,000 accredited investors with 46 international offices They offer

training on the process of financing and preparation of the business project.

- Lean lnvestment is a club of investors whose model is oriented to its members obtain the best returns while

minimizing the risks, in themselves high, of the investment in startups.

- Málaga Business Angels is an initiative whose objective is to facilitate the financing of business projects in Malaga,

putting promoters in contact with potential investors.

- Murcia Ban is a private non-profit organization whose mission is to provide a meeting place for business angels and

entrepreneurs who have developed innovative initiatives and need investment and advice to make them grow.

- PADE lnvest is a group of professional investors in business management, from various sectors. PADEINVEST aims to

add value to the projects in which it participates, with knowledge, experience and financing.

- Grupo PGS is a business group with more than 10 years of experience in strategic consulting and investment research

focused on SMEs and middle market.

- Realiza Business Angels It is founded by a group of investors including entrepreneurs and executives with an

entrepreneurial and innovative vocation.

- RECABA, The Canary Network of Business Angels, managed by the Ministry of Economy, Industry, Trade and

Knowledge of the Government of the Canary Islands through PROEXCA, has as its main mission to connect private

investors in the network with innovative investment initiatives that have previously passed by a strict selection process

in collaboration with national and international professional experts, and in order to guarantee the quality of the

projects and to provide the best information about them.

http://www.gobanclm.com/

http://www.iese.edu/

http://www.businessangelsinnoban.es/

http://www.keiretsuforum.es/

http://www.malagabusinessangels.es/

http://www.murcia-ban.es/

http://www.padeinvest.com/

http://www.grupopgs.es/

http://www.realiza-ba.com/

http://www.proexca.es/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

- Red Biosphere Angels is a network that connects entrepreneurs and investors, who study the viability of projects and

ideas.

- Red Invest, a network of investors willing to analyze the business proposals presented by entrepreneurs with ideas,

products and processes.

- Sitka Ban is a network of private investors promoted by Sitka Capital, and aims to spread the culture of venture

capital in Spain.

- TARTEC Fund Its mission is to contribute to the development of the venture capital industry in Spain and specifically in

Malaga.

- Vigo Activo born with the conviction that venture capital is the ideal instrument to promote the renewal of the Galician

industrial fabric by betting on innovative projects and sectors with emerging technologies.

This is a collective financing, where an entrepreneur receives limited support (in financial terms) from numerous investors. This

system is characterized by being less demanding than other financing channels. There are two types of modalities. Crowdfunding, as

such, is a system of cooperation that allows the project promoter to obtain economic financing through collaborators who, in

exchange for their participation in the project, receive some kind of non-monetary benefit. On the other hand, "equity crowdfunding"

is the one in which the people who collaborate in the startup become investors and shareholders of the company. As examples of

crowdfunding platforms, Kickstarter worldwide stands out in categories among which are projects of art, design, fashion, film, music

or fashion. At the national level, there are platforms such as Lánzanos, which accept all types of projects, whether entrepreneurial,

social, cultural, solidarity, technological, and so on. Of course, all must be related to self-employment.

At the level of Crowdfunding platforms, the following stand out:

Crowdfunding

http://www.redbiosfera.com/

http://circulo.gal/redinvest/

http://www.sitkaban.com/

http://www.tartecfund.com/

http://www.vigoactivo.com/

https://www.kickstarter.com/

https://www.lanzanos.com/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

- Capital Cell : Platform dedicated to health and biotechnology. It allows citizen investors to participate in investment

rounds that give the opportunity for technology-based companies to continue with R & D to reach the market.

- Crowdcube : International equity platform, which allows anyone to invest in companies with high growth potential

together with professional investors, business angel, venture capital funds and public institutions.

- The Crowd Angel : it is a hybrid between crowdfunding and venture capital. It stands out for being the first online

platform that allows to invest in a selection of technological startups with high growth potential in a rigorous and solid

way.

- Fellow Funders : It is a collective investment platform with two fundamental missions: on the one hand to offer

Spanish companies a source of alternative financing, and on the other hand to offer investors projects with high growth

potential.

- Lignum Capital : It is a participatory financing platform. Its mission is to identify innovative projects; startups in the

seed or growth phase; good ideas with a credible and scalable business model; and that need funding.

- Flipsimply : is a collective financing platform where brands can offer exclusive investment opportunities to people who

believe in their businesses, sharing profitability and generating loyalty.

- La Bolsa Social : is an equity crowdfunding and Crowdlending platform designed to finance projects with positive social

or environmental impact.

- Socios Inversores : It is the first platform dedicated to the financing of projects collectively. It offers an alternative to

entrepreneurs seeking funding for their ideas, and an opportunity for investors to invest in projects with high growth

potential, entering the company as a partner of the same.

- Startupxplore : It is a Premium platform that offers investment opportunities in startups with high potential.

Registered investors can invest with an experienced business angel and a proven track record of investment in

technology companies, under the same conditions and valuation.

http://capitalcell.net/

https://www.crowdcube.com/

https://www.thecrowdangel.com/

https://www.fellowfunders.es/

https://www.lignumcap.com/

https://proyectos.flipsimply.com/

https://www.bolsasocial.com/

https://www.sociosinversores.com/

https://startupxplore.com/es


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

Crowdlending consists of financing companies, projects or individuals by numerous investors, rather than by a single or a limited

number of investors. It is an innovative model that allows financing by the financial community without going to the services of a

bank or other traditional financial institution. As an example of crowdlending platform, ECrowd specializes in technology projects that

are based on a real business plan that is already working, suitable for projects with a certain route.

Venture capital companies provide the necessary capital to set up a startup in an early stage of development, with high potential and

risk, as they do not know if the service or product is successful in the society.

Normally, entities of this type invest in business models focused on the technological sector such as biotechnology, ICT and software.

Particularly noteworthy is the work of the Spanish Association of Capital, Growth and Investment (ASCRI), which is the body that

represents the private capital industry (Venture Capital & Private Equity) in Spain.

Among some of the major national Venture Capital Funds, Active Venture Partners, Axon Partners Group or Kibo Ventures.

Below are the main investment funds at European and national level.

Crowdlending

Venture capital

https://www.ecrowdinvest.com/

http://active-vp.com/

http://www.axonpartnersgroup.com/

http://kiboventures.com/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

European Investment Funds

Agrotechnology

Fund Size of the investment (€) Type of fund Country

Idinvest Partners 15,000-150,000 Private Equity France

Five Seasons Ventures 2M-12M Venture Capital France

ICOS Capital Management 15M-150M Private Equity Holland

GED Capital 15,000-150,000 Private Equity Portugal

Portugal Capital Ventures 150,000-1,25M Venture Capital Portugal

ECS 15,000-150,000 Private Equity Portugal

Eight Roads Ventures 5M-25M Venture Capital United Kingdom

BC Partners 150,000< Private Equity United Kingdom

Business solutions & intelligence

Fund Size of the investment (€) Type of fund Country Orange Ventures <3M Venture Capital France

Omnes Capital 15M-150M Venture Capital France

Xange Ventures <5M Venture Capital France

EarlyBird VC 500,000-5M Venture Capital Germany

ICOS Capital Management 15M-150M Private Equity Holanda

iTech Capital <15M Private Equity Latvia

Mangrove Capital Partners <15M Venture Capital Luxembourg



Future matters <500,000 Venture Capital United Kingdom


Bridgepoint 300-15M Private Equity United Kingdom

Equinox Advisory SA <150M Private Equity United Kingdom

http://www.idinvest.com/en/recruitment/careers

https://www.fiveseasons.vc/

http://www.icoscapital.com/

http://www.gedcapital.com/

https://www.portugalventures.pt/

https://www.ecs.pt/index.php/pt/

https://eightroads.com/en

http://www.bcpartners.com/?sc_lang=en

http://www.omnescapital.com/

http://changeventures.com/

https://earlybird.com/


http://itcap.ru/#portfolio

http://www.mangrove.vc/



https://www.futurematters.capital/focus


http://www.bridgepoint.eu/

https://equinox-investments.com/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

Conumer Goods

Fund Size of the investment (€) Type of fund Country Omnes Capital 15M-150M Venture Capital France


Prime Ventures <15M Venture Capital Holland




E-Commerce

Fund Size of the investment (€) Type of fund Country Idinvest Partners 1M-25M Venture Capital France

Partech Ventures 100,000-5M Venture Capital France/Germany

Point Nine Cap 100,000-5M Venture Capital Germany

Project A Ventures 500,000-2M Venture Capital Germany

Paua Ventures 100,000-5M Venture Capital Germany



RTA Ventures 100,000-1M Venture Capital Poland


Piton Capital 200,000-20M Venture Capital United Kingdom

Prine Ventures 5M-25M Venture Capital United Kingdom

PROFunders Capital 100,000-1,5M Venture Capital United Kingdom

Vostok New Ventures 1M-30M Venture Capital United Kingdom



https://www.primeventures.com/





https://www.partechventures.com/

http://www.pointninecap.com/

https://www.project-a.com/en

http://www.pauaventures.com/



http://www.rtaventures.com/


http://www.pitoncap.com/

http://www.primevp.in/

https://www.profounderscapital.com/

https://www.vostoknewventures.com/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

Energy & Environment






Armilar VC 3M-103M Venture Capital Portugal

Equinox Advisory SA <150M Private Equity Switzerland


Fintech

Fund Size of the investment (€) Type of fund Country Orange Ventures <3M Venture Capital France

Idinvest Partners 1M-25M Venture Capital France

EarlyBird VC 500,000-5M Venture Capital Germany











http://www.armilar.com/en/about-us/

https://equinox-investments.com/


http://digitalventures.orange.com/fr/


https://earlybird.com/








PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

Gaming





IoT


Orange Ventures <3M Venture Capital France


Paua Ventures 100,000-5M Venture Capital Germany




Life Science





Portugal Capital venture 150,000-1,25M Venture Capital Portugal






http://digitalventures.orange.com/fr/









https://www.portugalventures.pt/#workanchor




PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

Media AdTechnology



Cipio Partners <15M Private Equity Germany






Mobility



Indofin <15M Private Equity Holland


Equinox Advisory SA <150M Private Equity Switzerland

Multisectorial


P101 500,000-5M Venture Capital Italia

Omnes Capital 150-15M Private Capital France

Explorer Investments 15M-150M Private Equity Portugal

Haitong Capital SCR 15M-150M Private Equity Portugal

Atómico 1,5M-5M Venture Capital Reino Unido

Evoco AG 15M-150M Private Equity Switzerland

Northzone 1,5M< Venture Capital Switzerland/United Kingdom

Software


http://www.cipiopartners.com/about-us/







https://www.indofin.com/


https://equinoxadvisory.com/

https://www.p101.it/

https://www.omnescapital.com/

https://www.explorerinvestments.com/

http://www.haitongib.com/en/what-we-do/private-equity/

http://www.atomico.com/

http://www.evocope.com/

http://northzone.com/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR





Project A Ventures 500,000-2M Venture Capital Germany

Cipio Partners <15M Private Equity Germany





National Investment Funds

Agrotechnology

Fund Size of the investment (€) Type of fund

Axon Partners 200,000-10M Venture Capital

Qualitas Partners 1,5M< Asset Management Company

Seaya Ventures 1,5M< Venture Capital

Active Venture Partenrs 500,000< Venture Capital

Lanta Digital Venture <50,000-500,000 Venture Capital

Danka Capital 50,000-100,000 Family Office

Sodena 250,000-1M Venture capital

Bamboo Capital 50,000-200,000 Venture Capital

Mundi ventures 500,000-5M Venture Capital




https://www.project-a.com/en

http://www.cipiopartners.com/about-us/






http://www.seayaventures.com/

http://www.active-vp.com/

http://www.dianacapital.com/

http://www.sodena.com/

http://www.bambooventurecapital.com/

http://www.mundiventures.com/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

Business solutions & intelligence



Kiboventures 500,000-5M Venture Capital

Nauta Capital 500,000-5M Venture Capital

Gin Venture Capital 50,000-200,000 Venture Capital

BBVA ventures 250,000-1M Corporate Venture Capital

Viriditas Venture 50,000-200,000 Venture Capital

MicroWave Ventures 50,000-200,000 Venture Capital

Be able capital 250,000-1M Venture capital

Onza Capital 500,000-1,5M Venture Capital

Nero Ventures 50,000-500,000 Venture Capital

Bankinter Fundación 50,000-500,000 Corporate Venture Capital

Danka Capital 50,000-100,000 Family Office

Tecnalia Ventures 25,000-500,000 Venture Capital

Mundi Ventures 500,000-5M Venture Capital

101 Startups 50,000-500,000 Venture Capital

Big Sur Ventures 100,000-500,000 Venture Capital

B-Able Capital 75,000-2M€ Venture Capital

Bullnet Capital 100,000-5M Venture Capital

Victoria SCR <500,000 Venture Capital

Athos capital 250,000-1M Venture capital

Alantis Sed Capital 50,000-500,000 Venture Capital


Swanlaab Venture 1M-3M Venture Capital

Conumer Goods


http://www.kiboventures.com/

http://www.nautacapital.com/

http://www.gvcapital.es/

http://www.bbvaventures.com/

http://www.viriditasventures.com/

http://www.microwaveventures.com/

http://www.beablecapital.com/

http://www.onzacapital.com/

http://www.neroventures.com/

http://www.fundacionbankinter.org/

http://www.dankacapital.com/

http://www.tecnaliaventures.com/


http://www.101startups.com/

http://www.bigsurventures.es/


http://www.bullnetcapital.com/

http://www.victoriascr.com/

http://www.athos-cap.com/

http://www.alantis.es/


http://www.swanlaab.com/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

Fund Size of the investment (€) Type of fund Qualitas Partners 1,5M< Asset Management Company

Education and jobs

Fund Size of the investment (€) Type of fund Alantis Seed Capital 50,000-500,000 Venture Capital

E-Commerce

Fund Size of the investment (€) Type of fund Qualitas Partners 1,5M< Asset Management Company



Samaipata 100,000-1,5M Venture Capital

Big sur necotium 250,000-1M Venture capital

Seed Creative Capital <100,000 Venture capital

Lánzame Capital <100,000 Pledge Fund

MicroWave Ventures 50,000-200,000 Venture Capital

Civeta Investments 50,000-200,000 Venture Capital

New Tech Capital 50,000-200,000 Corporate Finance Boutique

Capitana Venture 500,000-1,5M Venture Capital

Bonsai venture 100,000-1,5M Family Office

Bbooster Venuture 50,000-500,000 Venture Capital

Making Ideas for Business 50,000-200,000 Club de inversores

101 Startups 50,000-200,000 Venture Capital

Alva Capital 50,000-200,000 Venture Capital

Tamarix Capital <50,000 Venture Capital

Alantis Seed Capital 50,000-500,000 Venture Capital

Onza Capital 500,000-1,5M Venture Capital

Faraday Venture Partners 150,000-500,00 Investors Club

Energy & Enviroment

http://www.qualitasequity.com/





http://www.samaipataventures.com/


http://www.seedcdc.com/

http://www.lanzame.es/

http://www.microwaveventures.com/

http://www.civeta.es/inversiones

http://www.newtech-capital.com/

http://www.capitanavp.com/

http://www.bonsaiventurecapital.com/

http://www.bbooster.org/es

http://www.makingideasbusiness.com/


http://www.alvacapital.com/

http://www.tamarixcapital.com/


http://www.onzacapital.com/

http://www.faraday.es/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR


Vivergi 500,000-6M Fondo de Impacto social

Demeter Partners 500,000-1,5M Private Equity

Daruan Venture Capital 50,000-500,000 Venture Capital


Ship2B <2M Investors Club


Fintech

Fund Size of the investment (€) Type of fund Axon Partners 200,000-10M Venture Capital



Civetta Invests 50,000-200,000 Venture Capital

Bonsai venture capital 250,000-1M Family Office


Santander Innoventures 100,000-10M Corporate Venture Capital

Lanta Digital Venture <500,000 Venture Capital


Faraday Venture Partners 150,000-500,00 Club de inversores




.

http://www.vivergi.com/

http://www.demeter-partners.com/es

http://www.daruanvc.com/


http://www.ship2b.org/





http://www.civettacapital.com/



http://www.santanderinnoventures.com/

http://www.lantacapital.com/







PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

Life Science

Fund Size of the investment (€) Type of fund Faraday Venture Partners 150,000-500,00 Investors Club



B-Able Capital 75,000-2M Venture Capital



Najeti Capital 50,000-200,000 Venture Capital

Ysios Capital 50,000-200,000 Venture Capital

Gaming


Alantis Seed Capital 50,000-500,000 Venture Capital




IoT




Bullnet Capital 100,000-5M Venture Capital

Swanlaab Venture 1M-3M Venture Capital



Adara Venture Partners 500,000M-5M Venture Capital







http://www.spain.najeti.com/

http://www.ysioscapital.com/






http://www.bullnetcapital.com/

http://www.swanlaab.com/



http://www.adaravp.com/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

Media AdTechnology

Fund Size of the investment (€) Type of fund Axon Partners 200,000-10M Venture Capital


Ad4ventures 500,000-5M Media for Equity

Mundi Ventures 500,000-5M Venture Capital



Najeti Capital 50,000-200,000 Venture Capital

Cube Investments 300,000-500,000 Venture Capital



Mobiity

Fund Size of the investment (€) Type of fund Seaya Ventures 1,5M< Venture Capital




Multisectorial




http://www.ad4ventures.com/




http://www.spain.najeti.com/

http://www.cube-investments.com/








PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

Caixa Capital Risc 500,000< Corporate Venture Capital

Angels Capital 100,000-1,5M Venture capital

Nero Ventures 50,000-1,5M Venture capital

Sabadell Venture Capital 100,000-500,000 Corporate Venture Capital

Arcano Partners 2M< Venture Capital

Telefónica Venture 100,000-5M Corporate Venture Capital

Daruan Venture Capital 50,000-500,000 Venture capital

Perennius Fides Capital 50,000-350,000 Private Equity

Inveready 100,000-1,5M Venture capital


Idodi Venture Capital 50,000-250,000 Venture capital

Mola.com <500,000 Venture capital

Grupo Zriser <150,000 Family Office

Sitka Capital 50,000-200,000 Venture capital

Emprendiza 50,000-200,000 Venture capital

K-Fund 100,000-500,000 Venture capital

Ricari 50,000-250,000 Venture capital

SociosQ 50,000-100,000 Venture capital

Encomendada smart capital 250,000-1M Venture capital

Toubkal Partners <50,000 Venture capital

Nekko capital 250,000-1M Venture capital

JME Venture 500,000< Corporate Venture Capital

Media Digital Ventures 100,000-5M Media for Equity

http://www.caixacapitalrisc.es/

http://www.angelscapital.es/

http://www.neroventures.com/

https://bstartup.bancsabadell.com/inversion/

http://www.arcanopartners.com/

http://www.openfuture.org/

http://www.daruanvc.com/

http://www.perennius.es/

http://www.inveready.com/


http://www.idodivc.com/

http://www.mola.com/

http://www.zriser.es/

http://www.sitkacapital.com/

http://www.emprendiza.com/

http://www.kfund.co/

http://www.ricari.es/

http://www.sociosq.com/

http://www.encomenda.com/

http://www.toubkalpartners.com/

http://www.nekkocapital.com/

http://www.jme.vc/

http://www.mediadigitalventures.com/


PA

RT

III:

FI

NA

NC

ING

: P

RIV

AT

E SE

CT

OR

Software




Nauta Capital 500,000-5M Venture Capital



Cube Investments 300,000-500,000 Venture Capital

Tamarix Capital <50,000 Venture Capital

101 Startups 50,000-200,000 Investors Club





Adara Venture Partners 500,000M-5M Venture Capital






http://www.cube-investments.com/

http://www.tamarixcapital.com/






http://www.adaravp.com/


PA

RT

III:

FI

NA

NC

ING

: P

UB

LIC

SEC

TO

R

In general terms, a Business Incubator provides support to entrepreneurs from the start of the business project in the form of

specialized advice, training and administrative infrastructure (such as offices, meeting rooms, office supplies, internet connections,

telephone service, correspondence, etc.). This information has been previously developed in more detail and including examples, at at

incubators section.

These are programs for initial stage technology startups, which usually provide entrepreneurs with a shared workspace, access to

mentors, a small seed funding and the opportunity to present themselves after this period to investors, business angels and venture

capital in the "demo day" or "investors' day". The information about accelerators has been mentioned earlier and examples are

included, at accelerators section.

These are non-reimbursable aids, which outside of those addressed to any company, do not usually abound specifically for startups.

In many cases, the risk associated with this typology of projects makes entrepreneurs at a disadvantage compared to other types of

companies already consolidated in the calls that are governed by procedures of competitive concurrence. This is the case of subsidies

Business Incubators

Business Accelerators

Ways of financing in the public sector

Grants


PA

RT

III:

FI

NA

NC

ING

: P

UB

LIC

SEC

TO

R

such as the SME Instrument, which in its first phase can be obtained a grant of 50,000 Euros. In some cases, they materialize

through the provision of services and logistical support, assuming the cost of administration. This is the case of the Rising Start Up

Spain Program, which offers a free physical space and specialized mentoring to support the financing process, among many other

advantages.

They are aids whose conditions are generally more advantageous than those are available on the market, for which no guarantee is

required.

There are some lines specifically aimed at entrepreneurs (which are later developed), and others that are more general, but that allow

their participation:

- ENISA Young Entrepreneurs -MINECO.

- ENISA Entrepreneurs -MINECO.

- ENISA Growth-MINECO.

- Eurostars-CDTI.

- Grants NEOTEC-CDTI.

- Grants CIEN-CDTI.

- Line PID-CDTI.

Repayable loans without guarantees.

https://ec.europa.eu/programmes/horizon2020/en/h2020-section/sme-instrument

http://www.investinspain.org/invest/en/resources/information-services/Rising-Startup-Spain/index.html

http://www.investinspain.org/invest/en/resources/information-services/Rising-Startup-Spain/index.html

http://www.enisa.es/es/financiacion/info/lineas-enisa/jovenes-emprendedores

http://www.enisa.es/es/financiacion/info/lineas-enisa/emprendedores

http://www.enisa.es/es/financiacion/info/lineas-enisa/crecimiento

https://www.cdti.es/index.asp?MP=7&MS=554&MN=3



https://www.cdti.es/index.asp?MP=4&MS=0&MN=1&textobuscado=PID&tipo=1&TR=A&IDR=38&tipoO=Contenido&id=593&xtmc=PID&xtcr=15


PA

RT

III:

FI

NA

NC

ING

: P

UB

LIC

SEC

TO

R

In a similar way to the previous point, these are subsidies whose conditions tend to be more advantageous than those available in the

market, although in this case, the granting body does require an endorsement or equivalent form before obtaining it.

Between them:

- ICO Business and Entrepreneurs -MINECO.

- Emprendetur R+D+I -MINETAD.

- Emprendetur Young Entrepreneurs -MINETAD.

- Strategic Action Economy and Digital Society (AEESD)- MINETAD.

Repayable loans with guarantees and / or guarantees.

https://www.ico.es/web/ico/empresas-y-emprendedores

http://www.minetad.gob.es/portalayudas/emprendeturidi/Paginas/Index.aspx

http://www.minetad.gob.es/PortalAyudas/EmprendeturJovenes/Paginas/Index.aspx

http://www.minetad.gob.es/PortalAyudas/AEESD-2017/Paginas/Index.aspx


PA

RT

I:

EUR

OP

EAN

CA

LLS

European Calls

The European Union, in order to reverse the decline in the level of investment in Europe due to the crisis, has developed the so-called

Investment Plan for Europe.

The main element underpinned by this plan is the European Strategic Investment Fund (FEIE), created in collaboration by the

European Commission and the European Investment Bank (EIB) group, based on the mobilization of private financing for

investments strategies. Funding is provided for economically and technically viable projects, including those with a higher risk profile

than for EIB ordinary activities, such as startups. Its focused is on the following key sectors:

i) transport, energy and digital economy;

ii) environment and efficiency in the use of resources;

iii) human capital, culture and health;

iv) research, development and innovation;

v) support for SMEs and medium-capitalization companies.

The FEIE may also finance investment platforms to channel a financial contribution to various investment projects with a thematic or

geographical focus, as well as operations with national development banks (BNF).

Through the European Investment Fund, support is also channeled towards investments that can benefit startups.

The following table identifies those entities that currently channel funds aimed at offering investment for startups located in

Spain:

https://ec.europa.eu/commission/priorities/jobs-growth-and-investment/investment-plan-europe-juncker-plan_en


PA

RT

III:

EU

RO

PEA

N C

ALL

S

Entity to address Type of

support

Addressed

to Volume Sector

(* FEI Limitation) Specially oriented to Source of funds

GP Bullhound Investment /

Venture capital

Start-up,

early stage

All sectors in

general, and

specifically ICT

R & D & I European Strategic

Investment Fund.

European

Investment Fund.

Bullnet Capital III SCR Investment /

Venture capital

Start-up,

early stage

< 4M € ITC Semiconductors,

engineering software and

hardware-software

systems

InnovFin, European

Investment Fund

Amerigo Innvierte Spain

Ventures FCR

Investment /

Venture capital

Start-up,

early stage

ITC Scalable companies in

general and

technological up to the

expansion phase.

European

Investment Fund

K Fund Investment /

Venture capital

Start-up,

early stage

> 0,1M € ITC InnovFin, European

Investment Fund

Adara Ventures Investment /

Venture capital

Start-up,

early stage

ITC Services and

infrastructures in the

cloud, cybersecurity,

Software, Data analysis

and internet of things

European

Investment Fund

http://www.eif.org/attachments/publications/about/2010_Guidelines_on_restricted_sectors.pdf

https://www.gpbullhound.com/

http://www.grupobullnet.com/investmentstrategy.html

http://active-vp.com/about/

http://active-vp.com/about/

http://kfund.vc/

http://www.adaravp.com/about/


PA

RT

III:

EU

RO

PEA

N C

ALL

S


support

Addressed

to Volume Sector


HealthCap Investment /

Venture capital

I+D+i,

Start-up,

early stage,

Expansion

stage

(growth)

Life sciences,

health

Companies focused on

therapeutics

European Strategic

Investment Fund.

European

Investment Fund.

Ysios Biofund II Innvierte Investment /

Venture capital

I+D+i,

Start-up,

early stage,

Life

Sciences

> 1M € <

7M €

Health, Bio Biotechnology, medtech

and diagnostic

companies throughout

Europe, with a special

interest in Spain.

InnovFin, European

Investment Fund

Cabiedes & Partners Investment /

Venture capital

I+D+i,

Start-up,

early stage

ITC European

Investment Fund

Paua Ventures Investment /

Venture capital

I+D+i,

Start-up,

early stage

> 0,2M € <

6M€

ITC European Strategic

Investment Fund.

European

Investment Fund.

Connect Ventures Investment /

Venture capital

Start-up,

early stage

ITC Mobile telephony,

Software as a service, e-

commerce

European Strategic

Investment Fund.

European

Investment Fund.


http://www.healthcap.eu/the-funds/

http://www.ysioscapital.com/

https://www.linkedin.com/in/luismartincabiedes/?ppe=1


http://connectventures.co/


PA

RT

III:

EU

RO

PEA

N C

ALL

S


support

Addressed

to Volume Sector


Notion Capital Investment /

Venture capital

Start-up,

early stage

ITC Business Software, Big

Data and Business

Intelligence, Digital

Security, FinTech,

eCommerce, AdTech

European Strategic

Investment Fund.

European

Investment Fund.

Felix Capital Investment /

Venture capital

Start-up,

early stage

> 0,1M€ <

10M€

ITC Digital Lifestyle European

Investment Fund

Seaya Capital Investment /

Venture capital

Start-up,

early stage

ITC Computer and storage

infrastructure, mobile

media, software as a

service, internet and

mobile payment.

European

Investment Fund

Nauta Capital Investment /

Venture capital

Start-up,

early stage

ITC European

Investment Fund

Abingworth Bioventures Investment /

Venture capital

I+D+i,

Start-up,

early stage,

Expansion

stage

(growth),

Life

Sciences

< 30M € Bioterapeutics, small

molecules, nucleic acid

therapeutics, vaccines,

pharmaceutical

specialties, technologies,

medical devices,

diagnostics,

instrumentation

European Strategic

Investment Fund.

European

Investment Fund.


https://www.notioncapital.com/

http://www.felixcap.com/

http://seayaventures.com/


https://www.abingworth.com/


PA

RT

III:

EU

RO

PEA

N C

ALL

S


support

Addressed

to Volume Sector


BeAble Innvierte KETs Fund Investment /

Venture capital

Start-up,

early stage

All sectors in

general

KETs European Strategic

Investment Fund.

European

Investment Fund.

Highland Europe Technology

Growth Fund

Investment /

Venture capital

Start-up,

early stage

ICT European Strategic

Investment Fund.

European

Investment Fund.

Frog Capital Investment /

Venture capital

Start-up,

early stage,

Expansion

stage

(growth)

ICT, Clean

technologies

Sectors with high growth

potential (ICT, digital

media, resource

efficiency)

European

Investment Fund

Seedcamp Limited Partner Investment /

Venture capital

I+D+i,

Start-up,

early stage

< 0,05M € ITC Accelerator, seed capital European

Investment Fund

Sunstone Technology

Ventures Fund

Investment /

Venture capital

Start-up,

early stage

ITC Software, mobile and

Internet companies, life

sciences

European Strategic

Investment Fund.

European

Investment Fund.


http://www.b-able.es/

http://www.hcp.com/

http://www.hcp.com/

http://frogcapital.com/

http://seedcamp.com/

http://www.sunstone.eu/


PA

RT

III:

EU

RO

PEA

N C

ALL

S


support

Addressed

to Volume Sector


Lakestar Investment /

Venture capital

Start-up,

early stage

ITC European Strategic

Investment Fund.

European

Investment Fund.

Mangrove Capital Partners Investment /

Venture capital

Start-up,

early stage

< 20M € ICT Sector, Life

Sciences

Mobile telephony,

software, e-commerce

and automotive

European

Investment Fund

It also provides information on other entities that are oriented to the granting of loans or guarantees, also under the scheme of

channeling European funds through various private entities, which will be the point of application to go:


support

Addressed

to Volume Sector Specially oriented to Source of funds

Ibercaja Leasing Loan and

guarantees

Start-up,

early stage

> 0,025M€

< 7,5M€

All sectors in

general

Delimited to Aragón,

Community of Madrid,

Extremadura, Andalusia

Oriented to R & D,

through the SME

initiative.

EIB, InnovFin,

Structural Funds,

European

Investment Fund


http://europa.eu/youreurope/business/funding-grants/access-to-finance/search/en/content/lakestar-5


http://www.ibercaja.es/negocios/necesidades-de-financiacion/


PA

RT

III:

EU

RO

PEA

N C

ALL

S


support

Addressed


Caja Rural de Granada Loan and

guarantees

Start-up,

early stage,

growth

< 12,5M € Delimited to Andalusia.

Aimed at agro-food

sector, industry and

services.

EIB

Caixa Galicia Loan and

guarantees

Start-up,

early stage,

growth

< 12,5M € All sectors in

general R & D & I EIB

Banco Popular Español Loan and

guarantees

Start-up,

early stage < 0,25M € All sectors in

general

European

Employment and

Social Innovation

Program

BNP Paribas Leasing Solutions Loan and

guarantees

Start-up,

early stage,

growth


general R & D & I, leasing EIB

Banco Sabadell Loan and

guarantees

Start-up,

early stage,

growth



Laboral Kutxa/ Caja LaboralPopular

Loan and

guarantees

Start-up,

early stage


general

Entrepreneurs, Startups,

micro and Freelancers

European

Employment and

Social Innovation

Program

http://www.cajaruralgranada.es/cms/estatico/rvia/navarra/ruralvia/es/empresas/area_de_descargas/Linea_-BEI.pdf?exp=TRUE

https://www.abanca.com/es/empresas/financiacion/

http://www.bancopopular.es/autonomos/financiar-mi-negocio/l%C3%ADneas-oficiales-de-financiacion/microcreditos-apostamos-por-ti

https://leasingsolutions.bnpparibas.es/nuestras-soluciones/desarrolla-tu-negocio-de-ventas/maquinaria/

https://bstartup.bancsabadell.com/

https://www.laboralkutxa.com/es/pro-negocios-y-profesionales/financiacion/convenios/apoyo-instituciones/european-investment-fund

https://www.laboralkutxa.com/es/pro-negocios-y-profesionales/financiacion/convenios/apoyo-instituciones/european-investment-fund


PA

RT

III:

EU

RO

PEA

N C

ALL

S


support

Addressed


LABORAL Kutxa Loan and

guarantees

Start-up,

early stage

> 0,025M€

< 7,5M€

R & D & I InnovFin, European

Strategic

Investment Fund.

European

Investment Fund.

Caja Gipuzkoa SanSebastian (KUTXA)

Loan and

guarantees

Start-up,

early stage,

growth



Banco Pastor Loan and

guarantees

Start-up,

early stage,

growth



Bankia Loan and

guarantees

Start-up,

early stage,

growth



Instituto de Finanzas de Castilla-la-Mancha (IFCLM)

Loan and

guarantees

Start-up,

early stage,

growth



Colonya, Caixa de Pollença Loan and

guarantees

Start-up,

early stage


general

European

Employment and

Social Innovation

Program

https://www.laboralkutxa.com/es/empresas/financiacion/convenios/european-investment-innovfin

https://kutxa.kutxabank.es/cs/Satellite/kb/es/negocios_y_empresas/productos_1/financiacion_bienes_productivos/linea_banco_europeo_de_inversiones_bei/pys

https://kutxa.kutxabank.es/cs/Satellite/kb/es/negocios_y_empresas/productos_1/financiacion_bienes_productivos/linea_banco_europeo_de_inversiones_bei/pys

http://www.bancopastor.es/empresas-productos-financiacion-inversiones-convenio-bei.html

https://www.bankia.es/es/empresas/financiacion-y-avales

http://www.ifclm.es/es/

http://www.ifclm.es/es/

http://www.colonya.com/cms/estatico/bl/colonya/web/es/productes/index.html


PA

RT

III:

EU

RO

PEA

N C

ALL

S


support

Addressed


BBVA-Caixa Catalunya Loan and

guarantees

Start-up,

early stage,

growth



- Global Call Go Ignite: launched jointly by Singtel (Singtel Innov8), Orange (Orange Fab), Deutsche Telekom (hub: raum) and

Telefónica (Telefónica Open Future). This call is aimed at startups in a state of growth seeking to gain notoriety around the four

telecommunications companies mentioned above. The goal is to find five Startups whose solutions are related to Artificial

Intelligence and improving the consumer experience or related to connectivity, among other things.

- Call "Startup Europe for Growth and Innovation Radar": Focused on financing projects for the following actions: Helping

established startups and potential technology entrepreneurs to succeed in the market, and raising awareness of high potential

innovators in Europe with specific actions aimed at improving the excellence of innovation in EU-funded ICT projects.

- Startup Programme: is an educational program, carried out at the same time in 17 European countries, whose main objective is

to boost entrepreneurship among young university students by helping them in the creation of their business plan.

- Horizon 2020, SME Instrument is a subprogramme of the eighth European Framework Program for the financing of R & D & I

Horizon 2020, focusing exclusively on small and medium-sized enterprises. Funding for this subprogramme will apply to all types

of innovation, including non-technological and service innovation.

Projects presented under this program can be individual or consortia, formed by SMEs, and receive funding throughout the

Innovation process through a phased grant scheme, aimed at supporting traditional or innovative SMEs, which have the ambition

to grow, develop and internationalize through a European innovation project.

http://www.go-ignite.com/global-call/

https://ec.europa.eu/digital-single-market/en/news/ict-32-2017-call-startup-europe-growth-and-innovation-radar

https://startupprogramme.es/


PA

RT

III:

EU

RO

PEA

N C

ALL

S

It has several types of instruments, such as the Eurostarts program, which support the collaboration of SMEs from different

Member States, as well as very specific programs depending on the activity of the startup. The entire financing offer - not only

that included in the 2020 program - with its call dates, is available on this portal.

https://www.eurostars-eureka.eu/

http://ec.europa.eu/research/participants/portal/desktop/en/opportunities/h2020/search/search_topics.html#c,topics=topicFileName,callIdentifier,callTitle,identifier,title,description,tags,flags/s/SME/1/1/0&+title/desc


PA

RT

III:

ST

AT

E C

ALL

S

State Calls

Among the national calls for Startups, here we have identified those that even if they are not specific to Startups, their participation

fits in a clear way:

- Rising Startup Spain: is a program aimed at entrepreneurs and foreign startups that contribute to promote entrepreneurial

activity in Spain with a scalable and innovative project. Program promoted by ICEX-Invest in Spain in collaboration with the public

and private sector to complement the offer of services to foreign entrepreneurs and startups interested in developing their

projects in Spain.

The program has a duration of up to 9 months, starting from the start date of the incubation, and offers the following support

services to the participating startups:

- Obtaining visas with a more agile (fast-track) procedure.

- Free workspace in the cities of Madrid and Barcelona throughout the duration of the program. In particular, the winning

startups will be able to choose between three of the leading incubators in Spain: Barcelona Activa, Madrid lnternational Lab

and Telefónica, through its Open Future (WAYRA) initiative.

- Mentoring specialized and adapted to the needs of each startup; more specifically, it will offer advice on market entry

strategies, sources of financing and contact with potential investors and clients, among others.

- Direct non-refundable financial aid of € 10,000.

- Programa Neotec: It is the main tool for financing startups of the Center for Industrial Technological Development, CDTI a

public body dependent on the Ministry of Economy. It is intended for companies that develop their own technology and that are

not more than four years old. The support of the NEOTEC Program finances the start-up of new business projects that require the

use of technologies or knowledge developed from the research activity, in which the business strategy is based on the

development of technology.

http://www.investinspain.org/invest/en/rising/index.html


https://www.cdti.es/


PA

RT

III:

ES

TA

TE

CA

LLS

Technology and innovation must be competitive factors that contribute to the differentiation of the company and that serve as a

basis for the strategy and the long-term business plan, with the maintenance of own R & D lines.

The aid may be used for business projects of any technological and / or sectoral scope, and this project does not comply with

business projects whose business model is primarily based on services to third parties, without development of their own

technology.

The beneficiary must be a small innovative company, constituted at most in the four years prior to the date of submission of the

aid application and in accordance with the requirements set forth in the call. N

- ENISA Aids: ENISA is the National Innovation Company, and its financing programs for startups - participatory loans without

guarantees or guarantees - are, in general terms, highly valued. Generally, ENISA co-invests when another private investor has

invested in the previous project, usually for the same amount. Their calls are open, that is, any startup can go to them to ask for

funding without looking at the calendar.

Within the aids of ENISA, we highlight the following:

o Young Entrepreneurs: Its objective is to provide the necessary financial resources to newly created SMEs, created by young

people, so that they can undertake the investments required by the project in its initial phase.

o Entrepreneurs: It seeks to support financially in the early stages of life of SMEs promoted by entrepreneurs, with no age

limit, to undertake the necessary investments and carry out their project.

o Growth: Its objective is to finance projects based on viable and profitable business models, focused on a competitive

improvement of production systems and / or change of production model; expansion through expansion of productive capacity,

technological advances, increase of range of products / services, diversification of markets; search for capitalization and / or

debt in regulated markets and financing of business projects through corporate operations.

Its objective is to support financially the SMEs promoted by entrepreneurs, to undertake the necessary investments in their first

stages of life and carry out their business project.


http://www.enisa.es/es/financiacion

http://www.enisa.es/es/financiacion/info/lineas-enisa/jovenes-emprendedores

http://www.enisa.es/es/financiacion/info/lineas-enisa/emprendedores

http://www.enisa.es/es/financiacion/info/lineas-enisa/crecimiento


PA

RT

III:

ES

TA

TE

CA

LLS

- INNVIERTE Program: The INNVIERTE program is part of the Spanish Strategy for Science and Technology and Innovation 2013-

2020. This Strategy contains the objectives, reforms and measures to be taken in the whole field of R & D & I in order to boost its

growth and impact, and is one of the pillars on which the Government policy in R & D & I for the next years.

The INNVIERTE program seeks to promote business innovation by supporting venture capital investment in technology-based or

innovative companies. INNVIERTE emphasizes the creation of a specialized ecosystem that not only covers the financing of the

different stages of the life cycle of companies, but also supports their management needs, technology knowledge and access to

international leaders.

- Emplea Call: It is a program of the Ministry of Economy, it does not provide direct investment, but funds part of the costs of the

hiring of workforce specialized in technological development. Specifically, in its last call, the maximum aid was 30,000 € per

technologist per year, if it is University graduate; if it is a Higher Vocational Training graduate, 25,000 € per year, with a

maximum of two employees per company. This specific program is equally oriented to business and employment.

In fact, and beyond the concrete grant, it has an employment exchange of technologists to bring professionals in contact with

emerging companies.

- SME Horizon: SMEs Horizon call launches a tool that will allow invest in Spain to the SMEs which product concept tests, processes

or technologies, have largely fulfilled the evaluation standard of the SME Instrument of Horizon 2020, but due to prioritization

issues and limited resources, have not received funding from the European institutions in that first phase.

SMEs will be the subject of a new selective process that will detect and finance those proposals that represent a high growth

potential for SMEs. Companies awarded with the aid, if they think it is convenient, may submit to Phase II of the SME Instrument,

or they can address the implementation and implementation of their project by themselves.

SME Horizon can be defined as a second chance for those startups that have been left out narrowly of Horizon 2020 programs of

the EU. The European Commission endorses and gives approval to many startups that ask for funding in its 2020 program, but its

budget is limited: when it comes to allocating funds, SMEs that have the lowest score according to EU scales are sometimes left

without aid. That is where the SME program, run by the Ministry of Economy, comes in: finances feasibility studies (technical and


http://www.idi.mineco.gob.es/portal/site/MICINN/menuitem.dbc68b34d11ccbd5d52ffeb801432ea0/?vgnextoid=49565ec567893510VgnVCM1000001d04140aRCRD

http://www.idi.mineco.gob.es/portal/site/MICINN/menuitem.791459a43fdf738d70fd325001432ea0/?vgnextoid=49565ec567893510VgnVCM1000001d04140aRCRD&vgnextchannel=67a04939e6b42410VgnVCM1000001d04140aRCRD&vgnextfmt=formato2&id3=c5565ec567893510VgnVCM1000001d04140a____

http://www.idi.mineco.gob.es/portal/site/MICINN/menuitem.dbc68b34d11ccbd5d52ffeb801432ea0/?vgnextoid=01243df570deb510VgnVCM1000001d04140aRCRD&vgnextchannel=70d85656ecfee310VgnVCM1000001d04140aRCRD


PA

RT

III:

ES

TA

TE

CA

LLS

commercial) that include a business plan of an innovative project to those SMEs that have been evaluated by the European

Commission with a score equal or higher to 12 points but have finally been left without funding.

The following expenditure items will be considered as eligible:

o Own staff and new contracting (this expense must be at least 10% of the requested budget)

o Subcontracting

o Travel

o Technical assistance

o Audit of Accounts

o Consulting. Services of an adviser belonging to the list of coaches appointed by the Executive Agency for Small and Medium-

sized Enterprises (EASME) of the European Commission for the SME Instrument up to a maximum of 18,000 euros.

- ICO company and entrepreneurs: Financing for self-employed, companies and public and private entities, both Spanish and

foreign, that make productive investments in the national territory and / or need liquidity.

This product can be also requested by individuals and communities of owners exclusively for the rehabilitation of their homes.

The processing of the operations is done directly through the Credit Entities.

The line allows requesting financing through the Companies and Entrepreneurs Line to finance:

- Liquidity: current requirements for current expenses, payroll, suppliers, etc.

- Productive investments within the national territory:

- New fixed or second-hand fixed assets.

- Vehicles, less than 30,000 euros (+ VAT). Industrial vehicles 100%.

- Acquisition of companies.

- Value Added Tax (VAT) or Canary Islands Indirect General Tax (IGIC).

- Up to 50% of current expenses related to the investment.

- Rehabilitation of households and common elements.

https://www.ico.es/web/ico/ico-empresas-y-emprendedores


PA

RT

III:

R

EGIO

NA

L C

ALL

S

Regional/local Calls

In this section, information of interest has been collected and made available to the entrepreneurs by the different Autonomous

Communities, where they can receive updated information on the aids and support provided by the administrations and / or

associations of interest to the Startups.

Andalucía

Celera Emprende: is an initiative aimed at entrepreneurs and innovative and disruptive companies with growth potential and

scalable, capable of accelerating, and have the potential to develop a viable technical, economic and financial business model. Its

objective is the maturation and implementation of 20 business projects, as well as improving their competitiveness, increasing their

chances of success, survival and market development. The call for 2017 remained open from May 2 to 22.

Asturias

Asban, Asturian network of Bussines Angels: Offers services for both entrepreneurs and Business Angels. Among these services,

those offered to entrepreneurs are:

- Support and advice in the realization of the Company Plan, and later revision for presentation to the investors.

- Contact with investors through the telematic platform. Presentation of the project to potential investors who can contribute

financing / know-how.

- Advice and training focused on the capitalization process.

- Information on complementary financing tools.

https://www.andaluciaemprende.es/celeraemprende/

http://www.asban.es/interior.asp?MP=5&MS=10




PA

RT

III:

R

EGIO

NA

L C

ALL

S

Canarias

SODECAN: The Society for Economic Development of the Canary Islands is a public company of the Government of the Canary

Islands that provides funding for viable and innovative business projects, including grants to entrepreneurs.

Cantabria

Cantabria emprendedora: the main entities and institutions of the Autonomous Community of Cantabria have been coordinated to

respond to a series of needs detected around the companies and entrepreneurs, and the services that are provided.

Castilla y León

Lanzadera financiera de Castilla y León: is a permanent tool for public-private collaboration between the Castilla y León Regional

Government and the main financial entities operating in the Autonomous Territory, constituted to facilitate access to finance for all

viable business projects that intend to be developed in the Community. It is managed by the Institute for Business Competitiveness

(ICE).

Castilla La-Mancha

Plan Adelante Empresas: This is the strategy of strengthening business in Castilla-La Mancha. It is designed to improve the

competitiveness of their companies, boosting their capacity to grow and, with this, the creation and consolidation of employment.

https://www.sodecan.es/#financiacion

http://www.cantabriaemprendedora.es/web/cantabria-emprendedora




http://adelante-empresas.castillalamancha.es/adelante


PA

RT

III:

R

EGIO

NA

L C

ALL

S

GOBAN: is the "Business Angels" network set up in 2008 by the CEEIs of Albacete, Ciudad Real, Talavera de la Reina-Toledo and

CEEI Guadalajara, with the support of the Community Board of Castilla-La Mancha and with the co-financing of ERDF funds.

Cataluña

Red emprende: It is a public-private network of entities that, within the framework of the Catalunya Emprendiendo program of the

Generalitat of Catalunya, provides accompanying and support services to people who want to start a business in Catalonia during the

first three years of the business life.

Comunidad de Madrid

PLAN DE LOCALES DE LA AGENCIA DE VIVIENDA SOCIAL DE LA COMUNIDAD DE MADRID PARA EMPRENDEDORES: makes

available to the entrepreneurs of the Community of Madrid an offer of leased premises to develop their business projects.

PROGRAMA LEAN STARTUP: The Community of Madrid has designed a Program of Acceleration of Projects in which the

entrepreneurs, in a short time and with little capital investment, learn to identify who their client is; and to launch a Minimum Viable

Product to the market to verify if its business model is correct and modify it in its case. The Project Acceleration Program is promoted

by the Ministry of Economy, Employment and Finance and is co-financed at 50% by the European Union Social Fund.

ESA BIC Comunidad de Madrid: is the program of the European Space Agency (ESA) and the Community of Madrid, coordinated by

the Madrid Foundation for Knowledge, which provides incentives for business projects and startups that use space technologies or

develop applications based on these technologies in order to create new products and services not related to space.

http://gobanclm.com/

http://xarxaempren.gencat.cat/inicia/es/

http://www.startup.es/index.php

http://www.emprendelo.es/cs/Satellite?cid=1354562807108&language=es&pagename=PortalEmprendedores%2FPage%2FEMPW_pintarContenidoFinal





PA

RT

III:

R

EGIO

NA

L C

ALL

S

MADRID EMPRENDE: It is the place where the city of Madrid collects information of relevance in this area at local level, including

possible calls for specific help.

Aceleradora de Proyectos de Alto Potencial: it is a service of the City of Madrid whose main objective is to support companies

with greater potential in their development phase, that is, when they already have a certain degree of maturity and what they need is

to grow and expand at the highest rhythm possible. The Acceleration Process consists of a diagnostic phase of the potential and needs

of the project. The establishment of a work plan based on the objectives set for each company and a specialized monitoring or

mentoring in which the actions carried out and the achievement of established objectives are analyzed.

Comunidad Valenciana

VALENCIA ACTIVA: arises with the aim of coordinating the existing structures in the City of Valencia in the area of economic

development and employment, the Employment and Entrepreneurship Service and the Comunidad Valenciana Foundation for the

Employment Pact. It has specific information and services aimed at entrepreneurs through Valencia emprende.

EMPRENDEDORES.GVA: is the platform that the Generalitat puts at the disposal of the people who want to undertake, grouping all

the information that may be useful to develop and implement their business idea and project.

Extremadura

Programa Startup Extremadura: is a program led by the General Secretariat of Science and Technology of the Junta de

Extremadura and shared with the community of individuals and public and private entities that provide support and promotion



http://www.madridemprende.es/es/empresas/aceleradora-de-proyectos




http://valenciactiva.valencia.es/es



http://www.emprendedores.gva.es/en;jsessionid=5CF552E33109B32118B2F335C14B4D9A

http://innoveex.com/programa-startup-extremadura/


PA

RT

III:

R

EGIO

NA

L C

ALL

S

services for the creation of technology companies in the Extremadura region. Physically, the program is developed based on an

infrastructure of collaborative workspace and crowdworking spaces that house the projects and the main activities of acceleration of

the program. The spaces are distributed throughout the regional territory.

Galicia

IGAPE: Galician Institute of Economic Promotion (IGAPE) is the agency, attached to the Conselleria of Economy, Employment and

Industry, for the economic development of Galicia. Provides the integral support necessary for a business idea to be carried out,

making viable initiatives possible, for which has also been launched by the Galicia Emprende Unit, which emerges as an initiative of

the Xunta de Galicia established in the Law of Entrepreneurship and the economic competitiveness of Galicia, which together with

other instruments seeks to catalyze the initiative of entrepreneurs and companies so that in Galicia can be achieved indicators of

short, medium and long term for High, better and more efficient business activity.

XesGalicia: is the management company of Galician venture capital entities, finances business development through temporary and

minority interests in the corporate capital of companies. As a complement, it grants participatory loans or long-term ordinary loans to

investees, through the management and administration of different and specific funds and venture capital companies.

It comprises several types of funds, of various themes, including:

o Adiante 2000 FCR: For established and viable companies, that need support to save or avoid a possible temporary

difficulty.

o Emprende FCR – Pyme: For innovative projects, entrepreneurial initiatives and / or related to new technologies.

o GIE FCR – Pyme: For the promotion of the entrepreneurial spirit.

o Tecnológico i2C FCR – Pyme: For business projects of marked innovative character and with a proven management

capacity.



http://www.igape.es/es/crear-unha-empresa



http://www.xesgalicia.gal/es/content/xesgalicia


PA

RT

III:

R

EGIO

NA

L C

ALL

S

o Xes-Impulsa Ferrol 10 FCR – Pyme: For the development and consolidation of the business tissue and the creation of

employment in the Comarca de Ferrol.

o Xes-Innova FCR – Pyme: Support for entrepreneurs and ideas related to innovation, new technologies and technological

development.

La Rioja

EMPRENDE RIOJA: is the Support Plan to undertake launched by the Government of La Rioja with the Chamber of Commerce and

Industry and the Federation of Entrepreneurs of La Rioja with a fundamental objective. It has coworking spaces, acceleration and

information on possible aids.

Murcia

EL INFO: is the development agency of the Autonomous Community of the Region of Murcia. Provide support through a technical

team, specialized in each area, listen to the needs, advise on the solutions and look for future alternatives for each case, either from

the moment of creation of a company to its highest requirements of innovation or internationalization.

MURCIA EMPRENDE: It is a Venture Capital Company that bets on generating wealth and progress in the Region of Murcia, financing

the initiatives of entrepreneurs and entrepreneurial companies that seek to develop to the maximum their potential to continue

growing and improving.

Navarra

http://www.emprenderioja.es/



http://www.institutofomentomurcia.es/web/portal



PA

RT

III:

R

EGIO

NA

L C

ALL

S

Start Up Capital Navarra: is a Business Promotion Company promoted by the Government of Navarra and managed by Sodena

(Sociedad de Desarrollo de Navarra, SL), in which 22 companies, both private and public, participate in the financial, industrial,

university and promotion fields business. It finances business projects that are in their early stages of development, with high growth

potential for Navarra. They must be innovative or differentiated projects that allow approaching a new activity in the market and

creating qualified employment for Navarra.

País Vasco

Bizkaia Seed Capital: is a charter company, attached to the Department of Economic and Territorial Development of the Provincial

Council of Bizkaia.

It is offered as a fundamental mechanism to finance innovation. It is a tool for economic development and regeneration of the

business tissue of the Historical Territory of Bizkaia. For this, it has the following financing tools:

o Fondo I: It is a Venture Capital Fund, whose objective is the promotion of entrepreneurial initiatives with an innovative

vocation.

o Fondo BI: Like the previous one, it is a Venture Capital Fund, whose objective is the promotion of entrepreneurial initiatives

with innovative vocation.

o FEIS: It is a Venture Capital Fund, whose objective is to support the promotion and consolidation of socially innovative

business initiatives, in addition to financing innovative, cost-effective and valuable initiatives for people and the

environment.

o MIKRO: Venture Capital Company- SME, its main corporate purpose is to participate in Microfinance Projects.


http://www.seedcapitalbizkaia.com/


Part IV: Events to Startups


PA

RT

IV:

EVEN

TS T

O S

TA

RTU

PS

Events to Startups

Another important way to access to investors is through the events for Startups, among which are the following, between those

celebrated in Spain:

Multisectoral Technological Innovation

- FOROS NEOTEC INNIVERTE: It is celebrated in Madrid, November 8 (Forum NEOTEC-INNVIERTE Life Sciences and on

November 22 (Forum NEOTEC-INNVIERTE ICT and Industrial Technologies). They are intended primarily to give visibility

and facilitate access to seed and venture capital financing to the most promising companies that have participated in the recent

calls for the CDTI NEOTEC grant program. The forums will be attended by the most relevant investors in your sector, as well as

important companies interested in investing in startups in the perimeter of your business.

- CROWDAYS: This is the largest crowdfunding event in southern Europe. Barcelona on November 9 and 10, 2017.

- Valencia Startup Week: It is celebrated in Valencia from November 13 to 17, 2017. It is a meeting point of the

entrepreneurial ecosystem through a varied selection of activities, conferences, workshops, challenges and events to share

experiences, and promote business opportunities.

- Startup Weekend: It is celebrated in Seville, between November 21 and 23, 2017. It is an entrepreneurial event in which

participants learn to transform ideas into potential startups.

- IMPULSANDO PYMES: This is a tour of 10 Autonomous Communities. Only the last edition that is celebrated in Madrid the 23

of November of 2017 remains pending.

http://www.cdti.es/index.asp?MP=7&MS=661&MN=4

https://crowddays.com/

https://valencia.startupweek.co/

http://sw.sevillaup.com/

hhttp://www.impulsando.es/impulsandopymes/


PA

RT

IV:

EVEN

TS T

O S

TA

RTU

PS

- Impulsando emprendedores: It is a Road show that covers Spain throughout 2017. Its next event will be in Madrid on

November 23, 2017. Its intention is to bring entrepreneurs inspirational ideas and motivational talks applicable to the day to day

of your company or project.

- Murcia. ¡Qué digital eres!: is celebrated in Murcia, on November 24, 2017. It is a digital marketing event, social networks

and startups in the Murcia region.

- EUSTARTUP 2017: It is celebrated in Donostia - San Sebastián on November 28, 2017. Its challenge is to be the great

multidimensional business event focused on SMEs and startups to be held in Gipuzkoa, and through its contents offer value to all

companies in Euskadi.

- Global Robot Expo: Held in Madrid between February 2, 3 and 4, 2018. Robotics, technology and innovation fair, which has

become an international reference in the sector.

- STARTUP OLÉ: It is held in Salamanca between April 17 and 19, 2018. A place where entrepreneurs, investors and

international companies, as well as representatives of the European Commission, gather to promote the Startup phenomenon

throughout the continent.

- Digital Business Congress: Held in Madrid between May 22 and 24, 2018. It is a congress of technological innovation

attended by professionals from more than 20 different industries.

- ZINC SHOWER: It is held in Malaga on May 30, 2018. The event offers talks, workshops and networking spaces for

entrepreneurs, professionals, students, investors, institutions, companies, who support the creative and collaborative economy.

- Nos Day: It is celebrated in Santiago on June 17, 2018. Its objective is to provide the greatest value to those involved in

startups, based on measured, validated and transferable knowledge.

http://www.impulsando.es/

http://www.murciaquedigitaleres.com/

http://www.eustartup.eus/

http://www.globalrobotexpo.com/es/

http://startupole.eu/2018/

https://www.des-madrid.com/

https://www.zincshower.com/

http://nosday.com/


PA

RT

IV:

EVEN

TS T

O S

TA

RTU

PS

.

Environmental Sector

- GREENWEEKEND: is an event for professionals in the environmental sector: candidates, entrepreneurs and companies. It is

celebrated in Seville between the 10 and the 12 of November of 2017.

Urbanism sector

- Smart City Expo: It is celebrated in Barcelona between November 14 and 16, 2017. The event concentrates companies,

public administrations and entrepreneurs to share knowledge, projects and strategies on the sector.

Music Sector

- BIME STARTUP SUMMIT: It is being held in Madrid from 4 to 6 October 2017. Meeting point with other entrepreneurs and

startups and a forum where you can expose ideas and get the necessary financing.

ITC sector

- 4YFN Smart City Village: It is celebrated in Barcelona between the 14 and 16 of November of 2017.

- Mobile Weekend 2017: It is celebrated in Barcelona between the 17 and 19 of November of 2017.

- E-Show: It is celebrated in Madrid between November 25 and 26, 2017.

http://greenweekend.org/index.php

http://www.smartcityexpo.com/en/

http://bimestartupsummit.com/

https://www.4yfn.com/event/mobile-world-congress-barcelona/

http://mobile-weekend.com/

http://www.the-eshow.com/madrid/


PA

RT

IV:

EVEN

TS T

O S

TA

RTU

PS

- 4YFN BARCELONA: It is celebrated in Barcelona between February 26 and March 1, 2018. Event par excellence that brings

together the main companies and professionals in the mobile telecommunications sector

- OMEXPO: It is celebrated in Madrid on April 25 and 26, 2018. Event focused on marketing and e-commerce.

- e-CONGRESS MÁLAGA: It is celebrated in Malaga on May 26, 2018. Fair and Congress of e-commerce, Social Media and

Digital Marketing.

- BIZ BARCELONA: is celebrated in Barcelona on May 30 and 31, 2018. Reference event for SMEs and freelancers looking for

new business opportunities, advice or financing. At the fair, you can expose your products and services to attract customers, as

well as being a great opportunity to find new ideas and grow business.

- Open ExpoHeld in Madrid on June 6 and 7, 2018. National reference event of open technologies, providing exhibition

opportunities, sponsorship, conferences, round tables, workshops, and activities within the ecosystem of free technologies.

Communication Media sector

- Media Startups Alcobendas: It is celebrated in Alcobendas on June 29, 2018. Event in which search seeks the keys for startups

to increase their visibility in specialized media in the sector.

There are also some recent editions of events that have annual editions, in which they have 2 or more consecutive editions:

- Congreso Nacional de Científicos Emprendedores: The last edition was held in Barcelona between 24 and 25 February

2017. This forum focuses on companies with a scientific and technological base as well as on the figure of the entrepreneur in this

sector, as well as putting in common values among the different members of this community.

https://www.4yfn.com/event/mobile-world-congress-barcelona/

http://www.omexpo.com/es

http://www.econgressmalaga.es/

http://www.bizbarcelona.com/

http://www.openexpo.es/

http://mediastartupsalcobendas.com/

http://cientificosemprendedores.es/


PA

RT

IV:

EVEN

TS T

O S

TA

RTU

PS

- FORINVEST: The last edition was held in Valencia from March 7 to 9, 2107. This forum of entrepreneurs is dedicated to the

exhibition of financial products and services. In addition, it is a great space for financial-business networking where attendees can

establish professional relationships.

- THE EFINTECH BARCELONA: The last edition was held in Barcelona on March 22 and 23, 2017. It is a digital business fair

that brings together startups and investors, promoting a space for networking. Essential meeting to know the latest proposals of

the FinTech sector.

- FINTECH VENTURE DAYS: The latest edition was held on May 25, 2017. It is held in a competition of startups dedicated to the

Fintech world in which not only can you expose projects and business ideas, but also you can get funding to carry them out,

through the collaboration between Santander Innoventures and IE Business School.

- STARTUP MADRID 10: The last edition was held in Madrid on June 9, 2017. The demo day is celebrated as part of the

activities linked to the Startup 10 Madrid Innovation Awards. Meeting in which different companies of new creation and with high

component of innovation will be able to compete between them. In addition, they will also be able to contact and interact with the

large companies that form the jury.

- Pamplona innovation Week: The last edition was held in Pamplona on June 15 and 16, 2017. It is an event specialized in

the theme of innovation, which aims to encourage innovation in the business fabric as a driver of industry growth and

intrapreneurship in organizations.

- VIT Emprende Summit: The last edition was held in Valencia on July 6, 2017. It is an annual meeting of the innovative

entrepreneur ecosystem of Valencia.

http://forinvest.feriavalencia.com/

http://efintechshow.com/

http://www.fintechventuredays.com/

http://startupmadrid10.com/#startup-madrid10

http://www.innovactionweek.com/

http://vitemprende.es/es/eventos/


PA

RT

IV:

EVEN

TS T

O S

TA

RTU

PS

- ALHAMBRA VENTURE: The last edition was held in Granada on July 12 and 13, 2017. Presentations and roundtables with

famous characters in the world of entrepreneurship and investment. In addition, workshops will be held to facilitate the task of

making contacts.

- SMART MONEY MADRID: It is held in Madrid on September 25, 2017. Smart Money is a reference event in Spain for

meetings between startups and investors. In the editions made so far in Madrid (2015, 2016), Barcelona (2015) and Valencia

(2016) were involved more than 450 investors, 100 speakers and 750 entrepreneurs. As a particularity, it is the first and only

event in which investors are made known to entrepreneurs, through talks, debates and interviews in which they set out their

investment criteria and the projects in which they are interested in take part.

- SOUTH SUMMIT: It is being held in Madrid from 4 to 6 October 2017. The South Summit is the South Leading Event,

connecting the most innovative entrepreneurs with the most important global investors and companies looking to improve their

competitiveness through innovation. Conferences and debates with world leaders in innovation, meetings with senior Business

Angels and VC companies, Startup Competition with the best success stories, and business opportunities and networking in every

corner.

http://www.alhambraventure.com/

http://smartmoney.events/

https://es.southsummit.co/

NIP

O:

06

0-1

8-0

79

-1

Documents

A way to make Europe EUROPEAN REGIONAL DEVELOPMENT FUND€¦ · A way to make Europe EUROPEAN REGIONAL DEVELOPMENT FUND Abril 2018 Edition All you need to know. Page 2 BACK TO INDEX