Startups

Spain, an entrepreneurial ecosystem at its best
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Rising UP in Spain

Softlanding program for foreign startups

Find out more
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Global Spain Startup Hub 2026

The entrepreneurship ecosystem, specifically for innovation and disruptive business models, is experiencing its best moment to date in Spain. Its vibrant pulse is a reflection of the growth in the creation of startups, a robust cohort of scaleups becoming competitive players domestically and internationally, and an investment environment that supports ever-bigger funding rounds. The Startup Law passed on December 2022 introduced a new framework of tax and labour incentives conducive to higher investment and talent attraction in emerging technology-based companies in Spain so as to bolster its growth.

Venture capital investment trends

Investment activity from venture capital and public funding programs reflects the maturity of the startup ecosystem in Spain, which is among the most vibrant in Europe.

EMPRENDIMIENTO_GRÁFICO_INVERSIÓN_ING2.png Source: Observatorio de startups. Fundación Innovación Bankinter

Advantages to investing in Spain’s entrepreneurial ecosystem

  • Access to a domestic market of 49 million people and to the European market with 450 million people.  

  • Point of entry to the Latin American market for European startups, and to the European market for Latin American startups.

  • Highly-specialized talent from internationally renowned universities and business schools.

  • Spanish companies and Spanish society have one of the highest ICT adoption and usage rates in the world.

  • A set of leading global multinationals with ambitious open innovation models.

  • A highly specialized industrial sector throughout Spain, with its own special programmes for startups.

  • More than 80 science and technology parks.

  • Top-rated events and meetings for entrepreneurs.

Booming ecosystem

Booming ecosystem With over 12,000 startups, more than 480 scaleups and 18 unicorns, and more than 300 incubators, accelerators, and support initiatives, the technology entrepreneurship ecosystem in Spain continues to accelerate its growth and strengthen its position among the most important in Europe.  Our country´s ecosystem stands out for its multi-hub structure, with Barcelona and Madrid as the anchors among a growing number of cities and regions that are successfully fostering technology startups, like Valencia, Bilbao, Malaga or Seville, to name just the larger nodes.  An estimated 70-80% of the funds raised by Spanish startups comes from international investors, mainly in growth funding rounds, a fact that highlights the strong appeal and keen interest in our country´s entrepreneurial ecosystem for foreign capital.

Emprendimiento
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Top 20 rounds (M€) – 2025

The 5 verticals that received the most investment during 2025 are: software, travel/touristech, business/productivity, healthtech, and fintech. By number of deals, the verticals with most rounds are software, bio- and healthtech, business/productivity and fintech.

Over 15 mega-rounds (those at 50 M€ or over) have taken place during this year.

Source: Observatorio de startups. Fundación Innovación Bankinter

Spain is a fertile territory for co-working

Spain is home to over 2,200 co-working spaces, including public and private sector ones; this abundance is indicative of an entrepreneurial system that is booming and is recognized as a welcoming environment that fosters entrepreneurship and innovation.

Talent

and human capital

Six Spanish business schools (IESE Business School, IE, Esade, ESIC, EADA and EAE) rank among the European’s top 20 business schools.

 

Furthermore, the MBAs from 3 Spanish business schools are among the top 10 best European MBA programmes according to the 2025 Global MBA Ranking, by Financial Times.

 

Source: (Bloomberg Report 2025-26) 

Global MBA ranking 2025

European Business School

Global MBA ranking 2025
Ranking Business School Country
1 IESE Business School Spain
2 Insead France
3 SDA Bocconi School of Management Italy
4 London Business School UK
5 Esade Business School Spain
6 HEC Paris France
7 IE Business School Spain
8 IMD-International Institute for Management Development Switzerland
9 University of Oxford: Saïd UK
10 ESCP Business School France
... ... ...
34 Eada Business School Barcelona Spain
Source: Financial Times

Top 10 fastest-growing countries

for professional developers (2019)

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Source: Atomico.

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Competitive workforce

In terms of wage costs, Spain remains very competitive compared to other European countries and the rest of the world. Our country places among the top 10 most desirable countries to work for digital workers.

Spain also attracts foreign talent. It is the third destination for European tech talent and the fifth for international tech talent.

Strengths of the Spanish

entrepreneurship ecosystem

IT developer salary (€ per year)
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Source: www.salaryexpert.com (data extracted Dec. 2025)
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Source: Digital Startup Ecosystem 2017" Mobile World Capital 2018. Atomico, Startup Genome.

Climate and quality of life

Spain's excellent climate and quality of life are other aspects that entrepreneurs take into account when choosing our country to set up their new businesses.

Climate and quality of life

Spain's excellent climate and quality of life are other aspects that entrepreneurs take into account when choosing our country to set up their new businesses.  

What we can do for your startup

Programme Rising UP in Spain
Programme Rising UP in Spain
Rising UP in Spain is a programme that provides a comprehensive menu of support services for up to 50 foreign startups to create their company in Spain.

Download the Starting Up in Spain Guide

All you need to know about the innovation and technology entrepreneurship ecosystem in Spain.

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Rising UP in Spain

Testimonials
See all the testimonials
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WorknMates

Gonzalo Aguero & Angelina Vigliocco Founders small-quote-icon.png

Rising UP in Spain programme first helped us with understanding the market, and then with understanding the legislation and the culture. It has also connected us with great partners who can make our entry much cheaper, simpler and more certain".

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Invisible Collector

Pedro Mendes & Miguel Rangel Founders small-quote-icon.png

ICEX-Invest in Spain and the Rising UP in Spain programme have been a major part of our international adventure. They have given us the opportunity to work close to the market, to understand companies and their needs, to be in Iberia's most significant sector clusters".

Setting up a company
Setting up a company
The different ways in which a company can operate in Spain.
Aids and incentives
Aids and incentives
System of funding and incentives for your project.
Talent
Talent
Get to know the Spanish talent pool for your project.
Visas
Visas
Visas and residence permits to live and work in Spain.

Contact us

Our advisors will inform and support you in setting up your business

Contact Us

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