Barcelona consolidates itself as the capital of the main startup hub in Southern Europe

In Catalonia there are already 1,500 startups and the vast majority are focused on 4.0 technologies. Barcelona, is an European reference city in technological entrepreneurship.

According to a recent report by ACCIÓ, the Catalan agency for competitiveness, in Catalonia there are currently 1,500 startups, 38% more than three years ago.
In Catalonia, startups employ 16,900 people (19% are expats) and 64% work with technologies related to industry 4.0, especially in cloud computing, big data, the internet of things (IoT), artificial intelligence and integrated systems. In addition, the female presence in the founding teams stands at 22%, the highest rate in Europe.

The figures show the capacity of international attraction of Barcelona: almost 80% of startups are located in the Catalan capital and nearby, which makes it the third favourite European city to start a business, behind London and Berlin, according to Atomico.

According to Dealroom, Barcelona startups raised 2,748 million euros in investments between 2015 and 2019, twice the amount of Madrid. Regarding this, the work of the Barcelona & Catalonia Startup Hub program stands out, which acts as a meeting point to position the Catalan ecosystem in the world and boost investment capture.

With a total budget of 20 million euros until 2022, their objectives are to continue creating startups and scaling up the existing ones, as well as to foster collaborations with consolidated companies to enhance open innovation, to encourage talent attraction and to boost public-private collaboration for the creation of new innovation spaces.

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