Madrid, at the European epicentre of innovation

Invest In Madrid, Madrid Region’s foreign investment attraction office, will present ‘Madrid Investor Talks: a hub for innovation and investment’, a new proposal to attract innovation to the region, at the Web Summit in Lisbon.

Madrid Region continues to focus on innovation and entrepreneurship to strengthen and boost its economy. The regional office for attracting foreign investment, Invest In Madrid, which reports to the Regional Ministry of Economy, Finance and Employment, will be present next week at the Web Summit in Lisbon, a congress that brings together investors and start-ups from all over Europe, with the aim of attracting such important investment to Madrid.

As part of the Web Summit, Invest In Madrid has scheduled the workshop ‘Madrid Investor Talks: a hub for innovation and investment’. This is a round table that will bring together, on 3 November, the main investors and startups in Madrid’s innovative ecosystem with the aim of explaining the facilities offered by the Community to promote and accelerate a startup.

This event will open a debate on the investment opportunities offered by the region of Madrid, the possibilities that each of them have found with their projects to be able to develop them in the Region of Madrid, as well as the opportunities offered by the region to support innovative projects and the investment possibilities for them. Not surprisingly, in 2021, Madrid was the main region receiving investment aimed at startups. A total of €2,489 million from public and private funds were invested in the year to launch and develop innovative startup projects.

José del Barrio, founder and managing partner of Samaipata; Juan López, partner of Kibo Ventures; Markus Ament; operating partner of Samaipata; Miguel Fernández, CEO and co-founder of Capchase and Paloma Martín, CEO and co-founder of Hoop Carpool, will be the protagonists of this conference to be held on 3 November at Web Summit Lisbon, one of the most renowned international innovation events in Europe.

“This meeting is a new opportunity at European level to showcase Madrid Region’s capacity to offer a consolidated innovative and investment ecosystem”, explains Rodrigo de la Mota, Managing Director of Invest In Madrid. Madrid has established itself as the technology hub of Southern Europe”, continues the Director of Invest In Madrid, “and we are already the fourth largest startup ecosystem in Europe”.

He adds that “the investors and entrepreneurs who will accompany us in this workshop are a clear example of the infrastructure that our region offers to support innovative projects”.

De la Mota also wanted to highlight the dynamising character that these types of companies offer to the Madrid economy, as they contribute to generating highly qualified employment. “In 2021 alone, 40,000 new jobs were created in this environment in Madrid Region,” he concluded.

Invest in Madrid travels to Mexico to attract investors

Invest In Madrid reinforces its commitment to Latin America. Following the trips organised this summer to attract investment from Chile and Colombia, September ended with a round of investment seminars in Mexico, which in 2021 became the leading Latin American investor in Spain, the sixth largest in the world. Rodrigo de la Mota, Managing Director of Invest In Madrid, and Diego de Arístegui, Project Director, went there to explain the competitive advantages offered by our region as an investment destination.

The two seminars were held on 27 and 29 September in Mexico City and Monterrey, respectively. In addition to explaining the advantages of the Region of Madrid as a destination for foreign investment, the aim was to show that investment in Madrid, Spain and the European Union is the best way to diversify investments abroad. To date, the United States continues to be the leading recipient country for Mexican investment.

In addition to Invest in Madrid, the seminars featured a presentation by the Madrid law firm Barrilero Asociados, which focused on how to open a company in Madrid from both a commercial and tax point of view. In addition, a representative of CaixaBank in Mexico told attendees how to open a bank account in Madrid, as well as different ways to access financing. Other topics were also discussed, such as the programme for obtaining residency for non-EU citizens (Golden Visa) or the special tax regime for impatriates, also known as the Beckham Law. The President of the Vinos de Madrid Regulatory Council and two representatives of Alcobendas Hub, the Alcobendas City Council entity specialising in the management of foreign companies, also took part in the presentations.

A total of 60 companies attended the conference, representing sectors as varied as start-ups, consultancy, transport and real estate. The success of these conferences demonstrated the growing interest of the Mexican business community in our region. Our economic, fiscal and political stability, the legal security we offer to companies and the facilities for obtaining residency are some of the factors that have made Madrid one of the main centres of attraction for Mexican investment.