Find stats on top websites
Industry Landscape
The global innovation ecosystem development industry is characterized by increasing governmental and private sector investment aimed at fostering local and regional economic growth through entrepreneurship. There's a strong trend towards decentralization of innovation, moving beyond traditional tech hubs. Collaboration, digital transformation, and impact-driven initiatives are key drivers, alongside a growing focus on specialized industry verticals and cross-border partnerships.
Total Assets Under Management (AUM)
Startup Investment Value in Spain
~3.5 billion EUR (2023)
(15% CAGR)
- Increased VC funding for early-stage companies.
- Growth in deep tech and sustainable solutions.
- Strong government support for innovation.
Total Addressable Market
10 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Decentralized Autonomous Organizations (DAOs)
DAOs can revolutionize governance and funding models for innovation ecosystems, enabling transparent and community-led resource allocation.
AI-Powered Ecosystem Mapping
AI can provide real-time insights into startup trends, investor interests, and talent pools, optimizing resource allocation and strategic planning for ecosystem builders.
Sustainable Tech & Green Innovation
This focus on environmentally conscious technologies will drive new investment and collaboration, aligning innovation with global sustainability goals.
Impactful Policy Frameworks
Ley de Startups (Ley 28/2022, de 21 de diciembre, de fomento del ecosistema de las empresas emergentes) - Spain (2022)
This law aims to attract talent and investment by offering tax incentives, administrative simplification, and support for emerging companies and entrepreneurs in Spain.
The Ley de Startups directly benefits Global Startup Cities by making Spain a more attractive hub for startups and investors, aligning with GSC's mission to foster innovation and economic growth.
Next Generation EU Funds (Spain's Recovery, Transformation and Resilience Plan) - European Union (2021 onwards)
These substantial funds are allocated to Spain for digital transformation, green transition, and R&D+i, significantly boosting public investment in innovation and entrepreneurship.
The Next Generation EU funds provide significant financial opportunities for projects and initiatives within Spain's innovation ecosystem, indirectly benefiting Global Startup Cities' local partners and programs.
Digital Nomad Visa (Royal Decree-Law 15/2022, of October 18) - Spain (2022)
This visa allows non-EU citizens working remotely for non-Spanish companies to reside in Spain, aiming to attract international talent.
The Digital Nomad Visa makes Spain more appealing for international talent, potentially increasing the pool of entrepreneurs and skilled workers available to startups within GSC's network in Spain.
Transform Your Ideas into Action in Minutes with WaxWing
Sign up now and unleash the power of AI for your business growth
