After getting the approval of the ‘Startup’ law, the Government prepares Tenders and programs awarded more than 100 million euros by New Generation Funds To continue to support the technological entrepreneurship sector in the coming year.
Thus, Execution almost prepares a deployment. Thirty publicly funded start-up accelerators to reach 6,800 signaturesAlongside various programs aimed at encouraging companies that thrive in areas such as cybersecurity, such as the CyberEmprende program affiliated with the National Institute of Cybersecurity (Incibe).
This series of incentives, after a record 2021, suffered a setback due to investments in ‘startups’. macroeconomic conditions and the rise interest rates that reduce investor appetite due to high risk.
Thus, in the absence of finishing the year, lThe 3,343 million euros collected by the industry represent a 22.5% decrease compared to 4,314 million euros in 2022.a figure influenced by the start of the year, marked by several ‘mega-rounds’ that have become less frequent as the months go by.
However, the figure is almost three times higher than in any year between 2018 and 2020, according to data collected at the Bankinter Innovation Foundation’s Startups Observatory.
The new ‘starter’ law includes: numerous tax advantages to the sector, such as lower corporate taxes, more deductions for investment and reform of the ‘stock options’ regime, one of the measures most requested by entrepreneurs.
Incibe’s role
Incibe was given a leading role in these government plans. grow the industry’s ‘initiatives’ cybersecurity is an area where Spain already has a ‘unicorn’ (Devo).
For this, the organization has a budget of over 60 million euros to strengthen its CiberEmprende programs, which target startup ‘startups’ who must negotiate their business models, and Cybersecurity Ventures, which target companies with a lifespan of up to five years.
The company will place accelerators at five points of the peninsula and will reduce the periodicity of retention activities. At least 20 ‘startups’ in the case of CiberEmprende and eight in the case of Ciber Security Ventures will participate in each release of these programs.
It will be added to innovative public procurement programA mechanism to allocate 137.2m euros to the purchase of cybersecurity services under development, also reformed by the ‘initial’ law.
Regional accelerator network
Parallel, Industry Enterprise School in full tender for a public accelerator networkIt will cover both regional scope, one for each autonomous community, and different sectors such as finance, mobility and energy, and the ecological transition.
In total, the public body will award just over €33 million divided into 27 lots, 17 regional and 10 specific sectors, to serve a maximum of 6,800 ‘start-ups’ together.
After the submission of offers, companies such as Telefónica, Auren or PwC stand out among the most valuable offers to manage accelerators. As far as the operator is concerned, it was the most valuable offer for mobility and digital projects, with Madrid and Catalonia with a total budget of 11.6 million euros.
In addition, the EOI will support: 200,000 euro grant for up to 20 events related to innovative entrepreneurship through the ‘Flag Programme’equipped with a total of four million euros.
Other precautions
These measures In 2023, they will accompany others that are not specific to the sector, but they have come to strengthen digitalization among small and medium-sized companies or help SMEs to grow, such as the ‘Digital Hub’ announced by the Industry.
These will join other programs implemented last year, such as the Digital Entrepreneurs Line, led by women and led by Enisa, which finances projects with a total donation of €50m and €18m until 2023.
Likewise, the Government has already committed to invest up to 270 million euros in funds to create ‘scaling up’ in Spain. Next Technical backgroundIt will mobilize €2,000 million of public investment through injections into funds that provide an equivalent amount of private investment.
The government also maintains the Activa Startup hotline, which has helped innovative projects up to 40,000 euros and collected a dozen calls.