Updated: Jun 1
- High living-standard is a deal-breaker.
Valencia, Spain's third biggest city, proves to be ideal for startup founders and other businesses ready to expand internationally. All 4 key factors are in place:
1. Access to tech and creative talent. 2. Ease and cost of doing business. 3. Access to capital. 4. Superior quality of life with all-year sunshine, stability and safety.
MILESTONES FOR VALENCIA'S TECH AND INNOVATION ECOSYSTEM:
May 2021: Founded in Valencia by Iker Marcaide in 2009, Fintech Flywire lists on Nasdaq as the very first made in Spain, tech company, valued at $3.39 billion.
April 2021: The Viva Technology list, including startups from 19 European countries, nominated Valencia-based Codigames as 1 of 6 potential unicorns from Spain.
February 2021: Based on life expectancy, the cost to be healthy, air pollution, obesity rates, safety and sunlight hours, Valencia is declared the healthiest city in the world.
December 2020: "Valencia, the great promise of innovation", declared by Francisco Polo, High Commissioner of Spain for an Entrepreneurial Nation, at his longer visit.
October 2020: In Q3, Valencia raised 29.43M€, continuing to grow its third place in Spain's startup ecosystem, after Madrid 148,01M€ and Barcelona 50,73M€.
September 2020: Valencia is one of the 6 remaining finalists for the iCapital title. The winner is announced on September 24 at the European Research and Innovation Days.
August 2020: The EU Commission announced Valencia as one of the 12 finalists to compete for the honor to be named European Capital of Innovation 2020.
July 2020: Programming light in an affordable and scalable way got iPronics named as a spinoff to watch worldwide by the journal Nature Research, out of 44 selected.
Feb 2020: According to the Spanish Research Institute, the Valencia startup hub is the fastest growing startup ecosystem in Spain, and with the most startups per capita.
Nov 2019: Numbers announced at the VLC Digital Summit: Employment generated by the now 900+ startups exceeds 4,500 people, an increase of 125% (from 2018).
Oct 2019: Streamloots, founded in Valencia, Startup Competition Winner of South Summit 2019, selected out of 100 nominated startups in 10 competing verticals.
Sep 2019: Named World Design Capital® (WDC) 2022 and chosen by Groupon as base for their global center for Operations.