Barcelona

Lloret de Mar

Sitges

Tarragona

Cervera

Badalona

Sant Cugat del Vall?s

San Adrian de Besos

LHospitalet de Llobregat

Gava

Teià

Rubi

Girona

Calafell

Alella

La Senia

Reus

Sant Cugat del Valles

El Prat de Llobregat

Sant Pere de Ribes

Sabadell

Cerdanyola

Vulpellac

Cerdanyola del Vallès

Gandesa

Castelldefels

Terrassa

Palafrugell

Garcia, Tarragona

Sant Pau de Segúries

La Rambla

Bellavista

La Floresta

Mataró

Cornellà de Llobregat

Villanueva y Geltrú

Lleida

Sant Just Desvern

Calaf

Moià

Tordera

Catalonia

Vilanova i la Geltrú

Sant Feliu de Llobregat

Besalú

Manresa

Sant Quirze Safaja

Juncosa

Cardona, Spain

Arenys de Munt

Sant Ramon

Sant Joan les Fonts

Granollers

![aerial photography of vehicles passing between high rise buildings](https://images.unsplash.com/photo-1539037116277-4db20889f2d4?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxzZWFyY2h8Mnx8bWFkcmlkfGVufDB8fDB8fHww&w=1000&q=80)
 
The Spanish startup ecosystem is younger than other European countries and offers entrepreneurs a more affordable cost of living, in addition to an abundance of sunny weather which is great for attracting remote talent. 
 Spain is blessed with two strong ecosystems, Barcelona and Madrid. While these two cities are the backbone of the Spanish startup scene, a lot of innovation and talent has come out of Valencia and other younger Spanish startup ecosystems. Barcelona has given birth to some of Spain's most notable companies, and unicorns such as Glovo, Wallbox, and Letgo have had successful exits. In 2022, Factorial and TravelPerk joined the unicorn list, showcasing the strength of the ecosystem. These global success stories could be what the ecosystem needs in order to prevent brain drain and stimulate its most ambitious talent to produce even more innovation. ==read-more==
 Ironically, long-term high unemployment rates in Spain have had positive effects on the Spanish startup ecosystem, as the difficulty in finding high quality corporate jobs pushes more people toward entrepreneurship. This phenomenon is especially relevant in times of crisis when the social safety net is contracting. In the past year, however, unemployment rates hit a 15 year low, indicating an economic recovery in the country, the effects of which remain to be seen on the startup ecosystem. 
 Regulations to help attract talent have already been established, and foreign entrepreneurs can use an entrepreneur visa or [Start Up visa](https://www.myspanishresidency.com/visas-spain/entrepreneur-visa/) to establish a company in Spain. Spain’s economy is known for its red tape and bureaucracy, which needs to be peeled back to allow startups to truly advance. For that reason, some of Spain’s notable startups have been headquartered in other ecosystems, and incorporation in Spain is not generally regarded as a smart move. If Spain manages to build a pro business narrative and track record, it will truly become a champion of innovation. Addressing the challenge of regulation reform, the Spanish government has launched the [Spain Entrepreneurial Nation](https://www.lamoncloa.gob.es/lang/en/temas/entrepreneurial-nation/Documents/ENE_Executive%20Summary.pdf) Strategy, a ten-year plan to position Spain’s brand as a country focused on innovation and entrepreneurship. The plan includes a [New Startup Law](https://espanadigital.gob.es/sites/agendadigital/files/2022-02/E06M29_Startups_Law.pdf), which passed the legislature in November 2022. Apart from tax reductions and incentives, the law proposes the launch of a new Digital Nomad Visa which would enable foreigners to stay and work in the country for up to 12 months. 
Thanks to support organizations such as [ACCIÓ](https://www.accio.gencat.cat/ca/inici), the public agency for the competitiveness of the Catalan enterprise, Catalonia has attracted record numbers in funding in recent years and has positioned itself as a notable hub in Europe. Similarly, in the Canary Islands, [PROEXCA](https://proexca.es/en/) encourages companies to expand internationally and draws investment into the archipelago. The presence of global events such as [MWC Barcelona](https://www.mwcbarcelona.com/) and [Smart City Expo World Congress](https://www.smartcityexpo.com/tracks-scewc/) has done wonders for promoting the ecosystem overseas and gathering entrepreneurs, investors, and tough leaders together every year.

Spain

Digital Couponing &amp; Loyalty services for the FMCG and Pharma industry.

PROMOFARMA

PROMOFARMA startup from Barcelona, Spain is ranked 1372 out of 149628 worldwide and 19 from the 3432 startups in Spain. See more information and additional rankings on the StartupBlink Global Ecosystem Map

As the innovation hub of the Asia-Pacific region, Taiwan is renowned for its outstanding high-tech R&D capacity, highly-trained professionals, and thriving networks of entrepreneurs which enable our  startup ecosystem to achieve steady continuous growth.

Director General, Department of Academia-Industry Collaboration and Science Park Affairs

In the recent years, Moscow has become a gravity centre for the most talented people not only from Russia and Eastern Europe, but from all over the world. Such concentration of professionals affirms Moscow as one of the global “cities of the future”, world centre for the development of breakthrough technologies, particularly in IT.

The Moscow Agency of Innovations was established to create a truly favorable environment for the advancement of technology in Moscow.

2016

The Skolkovo Innovation Center and Skolkovo Foundation was signed into law with a goal to goal is to create a sustainable ecosystem of entrepreneurship and innovation.

2010

Avito, a classified ads website and now a unicorn, first went online.

2007

The Moscow Seed Fund, a VC which invests in see and pre-seed startups, was established.

2005

Yandex search engine was launched!!!!

1997

Catalan startups raised 1,479 million euros in investment in 2021, the highest figure on record.

2021

 Pier 01 is inaugurated. It is one of the largest space for startups & entrepreneurs in Europe and home to the Tech Barcelona association. 

Mobile World Congress moves to Barcelona.

2006

PROMOFARMA Startup Info & Ecosystem Rankings | StartupBlink